Toyota may be the world's number one carmaker but it is still working on making its presence felt in India and other emerging markets.
Iranian components division, SAPCO (Supplying Automotive Part Co) says it is dramatically increasing the localisation of content to build IKCO's new Peugeot 405-based pick-up truck next year as supply from the French automaker starts to dry up.
Porsche sales in the first half rose 14% to 69,171 vehicles after June volume was up almost 19% to 12,699.
Renault said its global vehicle sales fell 3.3 percent in the first half, dragged down by a worsening slump in the European market.
Daimler is 'moments away from a profit warning' and things should not be as bad as they are at PSA.
For automotive suppliers, the economic slowdown in Europe and China has a silver lining: Raw materials prices have declined sharply.
PSA/Peugeot-Citroen and Fiat said on Wednesday they had presented the terms of a Fiat exit from their shared commercial van plant in northern France to employee representatives.
After a troubled attempt, Mahindra & Mahindra has now put its plans to develop a vehicle for the US on hold, attributing the move to regulatory changes and market conditions.
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The BMW plant in Chennai has built its 25,000th car.
EU competition regulators will examine whether a 522 million euro ($640 million) project to build the Porsche Macan SUV gives the German carmaker an unfair advantage, in breach of EU state aid rules.
Volkswagen will begin production of the new Golf at its German factories in Wolfsburg and Zwickau in early August.
Adhesives specialists at 3M believe there is a growing market for the use of adhesives for bonding in automotive body structures, citing several advantages over conventional spot-welding.
New vehicle sales in Vietnam fell by 24% to 5,858 units in June, compared with 7,696 units a year earlier, according to data released by the Vietnam Automotive Manufacturers Association.
Mitsubishi Motors Corporation (MMC) on Wednesday (11 July) said it had agreed to sell its Born plant in the Netherlands to a Dutch group for one euro and would book a JPY28bn loss on the deal this fiscal year.
Dutch bus manufacturer VDL Group said it will discuss with BMW and Mitsubishi its plans to take over Mitsubishi's NedCar factory in the Netherlands to build cars there for BMW's Mini brand.
Despite rising sales in the country, vehicle production in Brazil slipped 2.6% in June compared to the same month a year ago.
Kia's European plant at Zilina, Slovakia, set a new car production record during the first six months of 2012, building 149,000 vehicles - a 10% year on year increase.
The Eurozone crisis plus a tax reform bill and the beginning of the domestic presidential campaign were the main reasons Colombian GDP grew 4.3% instead of the forecast 4.7% in the first quarter of 2012. The stock market, construction and car sales are all showing signs of slowing.
The new IPI (excise tax) break, discounting by automakers and flexible bank financing combined to make last month the best June ever for auto sales here in Brazil.