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Apr
24th

Audi prices new S models

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All-new Audi S6, S7 and S8 models to be priced from £53,995 to £77,900


Apr
24th

April 2012 management briefing: OEM financial summaries (PSA, Renault, Tata)

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In this month's management briefing, Rob Golding runs his financial rule over the financial position of the automotive industry's major OEMs. In this instalment: PSA, Renault and Tata Motors (including Jaguar Land Rover).
Apr
24th

Ford, Ford Credit raised to investment grade by Fitch

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The credit ratings for Ford Motor Co. and its Ford Motor Credit unit were raised to investment grade today by Fitch Ratings, which cited the company's "significantly improved financial performance."
Apr
24th

Nissan cruises in China as Japan rivals play catch-up

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Nissan is proving that being late to the party in China doesn't have to be a handicap, and is poised to widen its lead among Japanese automakers in the world's biggest car market with speedy and aggressive expansion plans.
Apr
24th

Honda debuts two production-intent concepts at Beijing motor show

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Honda was among the foreign manufacturers flexing their design potential at the
Apr
24th

UK: JLR’s 1,000 openings draw 35,000 applicants

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Reflecting the current state of the UK job market, over 35,000 candidates have applied for 1,000 new jobs at Tata Motors-owned Jaguar Land Rover's Halewood factory, near Liverpool in the UK.
Apr
24th

Federal-Mogul 1st-quarter profit falls on higher costs

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Auto parts supplier Federal-Mogul posted a fall in quarterly profit, hurt by higher costs. Net income fell to $32 million from $51 million, the company said today.
Apr
24th

US: OESA pays tribute to retiring Chrysler SVP, Dan Knott

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US automotive supplier body, OESA, has paid tribute to retiring Chrysler purchasing and supplier quality SVP, Dan Knott, who is leaving after 24 years.
Apr
24th

Next GM CEO should come from within, Akerson says

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General Motors CEO Dan Akerson says he's not talking succession with the board, but that he prefers it tap an internal candidate when it is time for him to move on.
Apr
24th

BEIJING: Europe continues to cause GM pain

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There were no words of comfort in Beijing for General Motors' European operations from the US giant's chairman and chief executive Dan Akerson.
Apr
24th

BEIJING: The dragon becomes top dog

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The Beijing motor show illustrates perfectly why the Chinese event will take over Japan's mantle as the premier industry event in Asia.
Apr
24th

Automakers to speed parts-validation process on resin shortage

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Automakers led by General Motors and Volkswagen drafted a plan to expedite their parts validation processes as the industry tries to counter a shortage of resin used for making fuel and braking components.
Apr
24th

Akerson: Opel will take time to turn profit, end ‘4-alarm fire’

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GM CEO Dan Akerson won't rule out closing factories as he restructures the automaker's loss-making Opel unit and said it will be 'a while' before Opel turns a profit.
Apr
24th

BEIJING: Renault teams up with Dongfeng

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Renault confirmed at the Beijing show earlier reports that it is to form a joint venture with Dongfeng. The company, China's second largest car maker, already has a joint venture with Renault's alliance partner Nissan.
Apr
24th

UK: Jaguar downsizes engines

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Tata Motors-owned Jaguar seems to be taking a leaf out of former owner Ford's book by replacing V8 and V6 engines with a supercharged three-litre V6 and a turbocharged two-litre I4.
Apr
24th

Ford to reduce output at Fiesta plant in Germany

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Ford is halting production at its plant in Cologne, Germany, for several days between now and October to offset weak demand in southern Europe.
Apr
24th

Ford will suspend production at Fiesta plant in Germany

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Ford will suspend production at its plant in Cologne, Germany, for as many as eight days before the summer break starts in July because of falling sales in southern Europe.
Apr
24th

Akerson: Opel will take time to turn profit

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GM CEO Dan Akerson said it will be 'a while' before Opel turns a profit, and he wouldn't rule out closing factories as he restructures the automaker's money-losing German unit.
Apr
24th

GERMANY: Fatal Evonik fire to disupt resin supply until at least July

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Critical PA-12 resin supplier Evonik's fatal fire at its German factory could see global component delivery severely affected for at least three months, with the industry urgently mulling new validation processes.
Apr
24th

GERMANY: Fatal Evonik fire to disrupt resin supply until at least July

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Critical PA-12 resin supplier Evonik's fatal fire at its German factory could see global component delivery severely affected for at least three months, with the industry urgently mulling new validation processes.
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