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Jan
11th

Daily automotive news and comment – from just-auto.com 2013-01-11 08:55:00

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Over the next four years, Mahindra & Mahindra (M&M) will invest US$900m in products to be developed jointly with its South Korean unit Ssangyong Motor.
Jan
11th

PSA near $7 billion loan deal for car-lending arm, sources say

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PSA will sign about 5.3 billion euros ($7 billion) in loans for its struggling bank unit in the next week after lenders offered more than originally sought, according to two people with knowledge of the matter.
Jan
11th

2013 Lexus ES 350 review notes: Now much more than a fancier Toyota Camry

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EDITOR WES RAYNAL: This 2013 Lexus ES 350 is a very pleasant car to drive, sitting at a more than fair price in my opinion. Is it the most exciting midsize luxury car? The most sporting? Engaging? Certainly not. But damn is it ever competent.
Jan
11th

CHINA: Audi AG sales surpass 400,000 units for first time in 2012

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Audi set a new record in the Chinese market last year. Deliveries in China and Hong Kong exceeded the 400,000 mark for the first time, a 29.6 percent increase compared to the previous year
Jan
11th

Daily automotive news and comment – from just-auto.com 2013-01-11 07:48:00

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An annual survey by management consultants KPMG suggests that fuel efficiency remains the top concern among a cost-conscious driving public.
Jan
11th

China auto sales may top 20 million in 2013

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Vehicle sales in China, including those of cars and buses, may accelerate this year and surpass 20 million units for the first time, the state-backed China Association of Automobile Manufacturers said in a statement in Beijing today.
Jan
11th

Hyundai WRC boss named

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Hyundai i20 WRC Michel Nandan
News 11 Jan, 2013

Ex-Peugeot WRC engineer Michel Nandan will bring tech from the Hyundai i20 WRC to the road

Jan
11th

GENEVA PREVIEW: Renault enters B-crossover segment with Captur

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Renault has announced 'Captur' as the production name for the J87 project, a B-segment crossover that will also replace the Modus and Grand Modus MPVs. It will reveal full details of this additional model at the Geneva motor show in March.
Jan
11th

Daily automotive news and comment – from just-auto.com 2013-01-11 07:16:00

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Ford Motor Company said on Friday (11 January, 2013) it plans to hire 2,200 salaried workers in the US this year - the largest increase in new salaried workers in more than a decade - to "support the continued aggressive pace of new Ford product introductions".
Jan
11th

Audi names former Lancia boss to head Italy operations

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Audi has named former Lancia boss Fabrizio Longo to run its Italian operations. Longo was a mentor to current Audi sales boss Luca De Meo when they both worked at Lancia parent Fiat.
Jan
11th

Skoda sets new high for vehicle sales in 2012

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Skoda raised unit sales by 7 percent last year to a record 939,200 cars, Volkswagen's Czech unit said on Friday.
Jan
11th

SWEDEN: Former Volvo boss hits out at sacking

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Stefan Jacoby, the former CEO of Volvo Cars, has admitted to feeling cheated by his old company after he was fired last year while recovering from a stroke.
Jan
11th

Honda will cut 800 UK jobs on falling European demand

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Honda plans to cut about 800 jobs from its plant in Swindon, southwest England, due to falling demand for its vehicles across Europe. It is the first time Honda has cut jobs in the UK since it began car production there in 1992.
Jan
11th

Honda will cut 800 UK jobs on falling European demand

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Honda plans to cut about 800 jobs at its plant in Swindon, southwest England, due to falling demand for its vehicles across Europe. It is the first time Honda has cut jobs in the UK since it began car production there in 1992.
Jan
11th

UK: Honda plant axes 800 jobs

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Honda Motor Europe (HME) announced on Friday it is cutting 800 jobs at its UK plant in Swindon, citing "sustained conditions of low demand in European markets".
Jan
11th

Nissan Resonance previews next Murano

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Nissan Resonance teaser
News 11 Jan, 2013

Nissan has released the first teaser image of the Resonance concept

Jan
11th

Honda cuts 800 UK jobs

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Honda Swindon factory
News 11 Jan, 2013

Honda has announced it will cut 800 jobs at its Swindon plant, due to poor demand across Europe

Jan
11th

Automotive News Europe News Feed 2013-01-11 05:16:41

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Volkswagen brand sales surged in December to push its full-year worldwide volume up 13 percent to a record 5.74 million vehicles, the company said on Friday. VW brand sales jumped 31 percent during the final month of 2012 to 517,900 vehicles.
Jan
11th

Automotive News Europe News Feed 2013-01-11 05:16:41

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Volkswagen brand sales surged in December to push its full-year worldwide volume up 13 percent to a record 5.74 million vehicles, the company said on Friday. VW brand sales jumped 31 percent during the final month of 2012 to 517,900 vehicles.
Jan
11th

GM aims new Corvette beyond successful plumbers

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The Chevrolet Corvette, once the coolest of cool rides on Route 66 and the rest of America's roads, has suffered the cruelest of fates: It's known as an old man's toy.
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