Strong growth in the US is fuelling plans by Fuji Heavy Industries to increase global sales of its Subaru brand to 1m by 2017. Last year it sold 720,000 and in FY2013 it expects to sell a record 800,000 units, president Yasuyuki Yoshinaga told the Nikkei in Tokyo.
PSA is preparing for a possible sale of its profitable Faurecia components division to accompany a tie-up with China's Dongfeng, sources said.
PSA/Peugeot-Citroen is preparing for a possible sale of its profitable Faurecia components division to accompany a tie-up with China's Dongfeng, sources said.
The Volkswagen Group sold 7.85m vehicles in the first 10 months of this year, up 4.7% over the same period last year and putting the company on track for record annual sales of 9.5m.
French carmaker PSA Peugeot Citroen is preparing for a possible sale of its Faurecia components division to accompany a tie-up with China's Dongfeng Motor Group, several sources with knowledge of the situation told Reuters.
French carmaker PSA Peugeot Citroen is preparing for a possible sale of its Faurecia components division to accompany a tie-up with China's Dongfeng Motor Group, several sources with knowledge of the situation told Reuters.
Masamichi Kogai, the new CEO of Mazda, expects the company to achieve record U.S. sales in the next two years, as the automaker bounds back from years of losses on the back of booming demand, new products and a lower cost structure.
News
15 Nov, 2013
Reader spies a production-ready Jaguar F-Type Coupe ahead of its reveal at the LA and Tokyo Motor Shows
Jeff Wasilewski knows that his take on the infamous Griswold Family Truckster -- the unforgettable star of the 1983 classic and#8220;National Lampoon's Vacation" -- isn't exactly what you'd call a replica.
Italy's only annual car show will take place in Milan next year, moving from Bologna after this year's event was cancelled due to a lack of exhibitors in a moribund local market.
Toyota has hailed the overall stability of private sector industrial relations in France, contrasting them with wider unrest in the public domain as economic pressures fuel domestic labour unrest.
It seems a minor horsepower war has just erupted over in Germany, and the title at stake in this conflict is which tuning house can build the most powerful Audi RS6 Avant.
ASSOCIATE EDITOR JAKE LINGEMAN: This is the best-looking Viper to date.
Renault says Europe remains the only region in the world that has yet to fully emerge from the economic crisis that saw large swathes of the automotive industry deeply affected by the downturn.
Last time I heard the words 'Ford' and 'coke bottle' in the same sentence it was when the Mark Three Cortina adopted the then fashionable kink in its waistline back at the end of 1970.
Toyota says the current round of negotiations between Europe and Japan surrounding a possible Free Trade Agreement (FTA) for both blocks would be a "good deal" for the two sides.
The incoming leader of an influential German union warned Volkswagen Group about trying to avoid unions in Tennessee in the United States, where the German automaker has an assembly plant.
Ford and Coca-Cola have come up with a vehicle interior fabric made from the same renewable material used to produce the beverage maker's so called PlantBottle technology.