Union hopes Opel could change its mind concerning more talks to save its Bochum plant in Germany from closure, appear to be fading as the automaker takes an increasingly hard line on rejection of its productivity plan.
Volkswagen plans to expand its lineup by 29 percent in China to offer 90 cars, SUVs, vans and heavy trucks in the country. China is a key market for VW in its drive to take the industry's global top spot in five years.
PSA said new-car sales in China rose 31 percent to 142,000 in the first quarter, a record for the automaker. Growth was driven by a 24 percent rise in deliveries for PSA's joint venture with Chinese automaker Dongfeng, the company added.
Oliver Kuttner got into the alternative car business to make money. Or, more accurately, he got into it to win money. In 2010, the
"Mr. Corgi," Marcel van Cleemput, died this week at
Denso's subsidiary in north eastern Japan is to expand an automotive air conditioner plant to support increasing vehicle production by Toyota.
AvtoVAZ will reduce its sales forecast for 2013 in May, CEO Igor Komarov has told the Prime Tass news service. This followed a decline in sales last month.
Volvo will likely report a big operating loss in China for 2012 as slow sales and a costly new factory weighed on results, Swedish daily Svenska Dagbladet reported.
Takata, the manufacturer of the malfunctioning airbags that have forced four Japanese automakers to recall millions of vehicles globally, said it will book an annual extraordinary loss of JPY30bn (US$307m) to 31 March 2013 due to costs associated with the recall.
GKN and HUAYU Automotive Systems (HASCO) have announced a major expansion of their Chinese joint venture - Shanghai GKN Driveshaft (SDS). This development will make SDS a leading supplier of all-wheel drive (AWD) and electric-drive (eDrive) systems to these fast-growing segments of the Chinese car market.
Volvo CEO Hakan Samuelsson is bracing for more tough times in Europe, where the automaker's sales fell 15 percent in the first quarter.
Fiat will add a second shift at the Turin factory where it builds Maserati cars, a source said. Fiat is investing 1.2 billion euros in the luxury marque as it seeks to boost global sales from 6,000 last year to 50,000.
VW, Mercedes and BMW all posted record global sales last year, fueled by demand in China.
VW, Mercedes and BMW all posted record global sales last year, fueled by demand in China.
If I were an executive at a Chinese domestic automaker, I would be very worried. Why? Because it is difficult to find a Chinese-brand car on the streets of Shanghai.
Jaguar Land Rover North America has hired industry veteran Duke Hale to help improve its reputation for customer service -- especially for the Land Rover brand.
Renault has said its Twin'Z rear-wheel-drive electric concept car is part of a design study for the third-generation Twingo, due to go on sale next year.
German automakers have long seen China as a key market. Now their French rivals, hit by slow sales in Europe, are playing catch up, and they are counting on the popularity of France's luxury fashion brands to help them.
Magna International plans to use its expertise in body engineering to help automakers cut vehicle weight, CEO Don Walker says.
Volkswagen of America has hired Maserati North America CEO Mark McNabb, a former Nissan and GM sales executive, as its COO.
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