News
19 Nov, 2012
The millionth Fiat 500 has rolled off Fiat's production line in Poland
To say it's been a tough couple of weeks for residents of New Jersey would be an understatement. Many are still without power, while thousands more are coping with devastating damage to their homes and businesses.
New vehicle sales in Indonesia jumped by just under 24% to a new monthly record of 106,807 units in October, compared with 86,345 units a year earlier, according to data released by Indonesian automotive industry association Gaikindo.
Fuji Heavy Industries now sees itself lifting US auto sales to 350,000 units in fiscal 2013, two years sooner than originally planned, president Yasuyuki Yoshinaga said.
Daimler's financial services business aims to grow profitably in 2013 after forecasting a record EUR1.3bn (US$1.65bn) in operating profit for the current year, the company said on Monday.
News
19 Nov, 2012
The new Dacia Sandero supermini is now available from £69 a month
Daimler's commercial vehicle division and Russian truck manufacturer Kamaz, have signed a contract covering the supply of engines and axles for the Russian company's lorries and buses.
Mitsubishi Motors president Osamu Masuko said the carmaker has abandoned plans to expand its business tie-up with Proton.
Honda has raised its sales target at home in Japan in the next fiscal year ending March 2014, up 16% to 850,000 vehicles.
Honda's rebound in the United States will continue through 2012's final months, helping the carmaker boost sales about 25 percent this year even after Hurricane Sandy reduced October gains, said sales chief John Mendel.
Fuji Heavy Industries President Yasuyuki Yoshinaga has become a market darling for something he failed to do: build a factory in China.
Russian Railways (RZD) says its recent purchase of 75% of PSA Peugeot Citroen's Gefco logistics division will see "most" of the current management and staff retained, although it does not rule out 'efficiency' changes.
SENIOR ONLINE EDITOR RORY CARROLL: So, I'm first. I am not a huge Prius fan, but I did appreciate that the plastic surfaces in the Prius interior aren't meant to look like leather. Instead,
Hyundai Motor saw its profitability match the level of BMW, far outperforming several major automakers such as Volkswagen and General Motors.
General Motors China has opened a second plant to build its low-cost Baojun brand models. The plant in the southern city of Liuzhou will have a 400,000 annual capacity and sell cars costing from CNY40,000 (US$6,400).
Chery Automobile, once China's largest home-grown automaker and Tata Motors' JLR's partner in the country, is relying on government subsidies to turn a profit while domestic rivals Great Wall Motor and Geely Automobile Holdings pull ahead, a media report said.
SAIC-GM-Wuling (SGMW), General Motors (GM) China's joint venture with SAIC and Wuling Motors, opened its new passenger car production base on 18 November in Liuzhou, Guangxi Zhuang Autonomous Region.
BYD says that it will start supplying several cars fitted with its in-house developed dual clutch transmission in 2013
Following a second, five-year postponement agreed in 2008, free trade within the Mercosur region for vehicles and parts will be postponed yet again beyond previously planned full liberation in July 2013.