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).
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."
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.
Honda was among the foreign manufacturers flexing their design potential at the
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.
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.
US automotive supplier body, OESA, has paid tribute to retiring Chrysler purchasing and supplier quality SVP, Dan Knott, who is leaving after 24 years.
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.
There were no words of comfort in Beijing for General Motors' European operations from the US giant's chairman and chief executive Dan Akerson.
The Beijing motor show illustrates perfectly why the Chinese event will take over Japan's mantle as the premier industry event in Asia.
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.
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.
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.
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.
Ford is halting production at its plant in Cologne, Germany, for several days between now and October to offset weak demand in southern Europe.
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.
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.
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.
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.