Opel is open to alliances beyond that with PSA/Peugeot-Citroen and could build a Chevrolet model to take up excess capacity and help it return to profit.
Opel is open to alliances beyond that with PSA/Peugeot-Citroen and could build a Chevrolet model to take up excess capacity and help it return to profit.
Chinese vehicle manufacturing joint venture Sichuan FAW Toyota Motor (SFTM) has held a line-off ceremony to mark the start of Corolla sedan production at its new 'West Plant' in Changchun.
Auto supplier Asahi Glass net income fell 53.8% year on year to JPY17.75bn (US$221.8m) for the first quarter ended 31 March 2012.
BMW may increase dividends to as much as 40 percent of profit in coming years if earnings continue to rise, a German newspaper reported on Saturday, citing Chief Financial Officer Friedrich Eichiner.
Toyota Boshoku's Chinese joint venture recently started production of seats and other interior components for the Toyota Corolla built at JV Sichuan FAW Toyota Motor's (SFTM) newly commissioned west plant in Changchun, China.
It should be good news for Chrysler Group and GM dealers in the United States if Ally Financial can divorce itself once and for all from its troubled ResCap mortgage subsidiary.
PSA Peugeot Citroen is declining to be drawn on widespread reports its new alliance partner GM will produce the C5 at an unnamed Opel plant in Europe.
Workers at General Motors' UK Opel/Vauxhall car factory near Liverpool are waiting anxiously for news this week over the future of the plant which currently builds some Astra models.
Taiwan has, due to its geographic position, political stance and population size, traditionally had both its import and export potentials defined by external factors. This quarterly report from Business Monitor International assesses prospects for its automotive market and industry.
New vehicle sales in Vietnam fell by over 37% year on year in April to 6,004 units, from 9,558 units a year earlier, according to the Vietnam Automobile Manufacturers' Association (VAMA).
Francois Hollande, France's new president, will give PSA a boost when he arrives at his inauguration on Tuesday in an upscale Citroen car.
Carlos Ghosn, CEO of Renault and Nissan, the two automakers planning to take a controlling stake in carmaker AvtoVAZ, said that the Russian company should sell all of its assets that are unrelated to making automobiles.
Sales of new cars and light commercial vehicles in Russia rose 14 percent year-on-year in April to 266,267, the Association for European Businesses (AEB) said, slightly more than the 13 percent growth rate seen in March.