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Nov
25th

FRANCE: Faurecia targets EUR21bn sales by 2016

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Faurecia says it is targeting more than EUR21bn (US$28.4bn) of sales and an operating margin of between 4.5% and 5% by 2016, depending on European production levels.
Nov
25th

Daily automotive news and comment – from just-auto.com 2013-11-25 07:32:00

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Toyota's i-Road 'ultra-compact mobility package' concept features what is claimed to be the thinnest glass ever used for a car windscreen.
Nov
25th

INDIA: Hindustan Motors posts profit of US$46,410 in Q2

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Hindustan Motors' posted profit of INR2.9m (US$46,410) for the second fiscal quarter ended 30 September compared to a loss of INR301m in the same period in 2012.
Nov
25th

CHINA: Fiat JV looks to double output

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GAC Fiat Automobiles, the joint venture in the southern city of Changsha, will add a second shift from next April, effectively doubling production, the company's general manager John Burton said at the Guangzhou motor show.
Nov
25th

FRANCE: PSA quiet on any Philippe Varin replacement by former Renault COO

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PSA Peugeot Citroen is declining to comment on speculation linking former Renault COO, Carlos Tavares, as a replacement for Philippe Varin as CEO.
Nov
25th

US: BMW heading for record global sales year

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BMW expects to end 2013 with record global sales, driven in particular by strong growth in the US and China.
Nov
25th

Fiat says no Chrysler IPO in 2013

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The planned stock market listing of Fiat's U.S. unit, Chrysler, will not take place this year, the Italian carmaker said Monday, prolonging the uncertainty over its chances of buying out the rest of the company.
Nov
25th

Fiat says no Chrysler IPO in 2013

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The planned stock market listing of Fiat's U.S. unit, Chrysler, will not take place this year, the Italian carmaker said today, prolonging the uncertainty over its chances of buying out the rest of the company.
Nov
25th

AutoWeek – Latest Car News Feed 2013-11-25 05:30:00

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If you didn't catch the second episode of "Nissan GT Academyand#8221; Monday on Spike TV, we have the full show, commercial-free, right here.
Nov
25th

2015 Nissan GT-R first drive: We test the new GT-R, GT-R NISMO and GT-R Time Attack

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What Is It?
Nov
25th

Automotive News Europe News Feed 2013-11-25 04:52:14

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Daimler would welcome a Chinese investor after taking a stake in Beijing Automotive Group, though it has had no sign that this will happen, CEO Dieter Zetsche said.
Nov
25th

PSA names ex-Renault COO Tavares to succeed CEO Varin

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PSA Peugeot Citroen today named former Renault executive Carlos Tavares as its next CEO in a move that may help to secure new funding from Chinese partner Dongfeng.
Nov
25th

PSA said to discuss hiring ex-Renault COO Tavares to succeed CEO Varin

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PSA CEO Philippe Varin plans to step down next year and hire former Renault COO Carlos Tavares as his replacement, people familiar with the matter said. Varin wants Tavares to initially serve as his No.
Nov
25th

PSA said to discuss hiring ex-Renault COO Tavares to succeed CEO Varin

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PSA CEO Philippe Varin plans to step down next year and hire former Renault COO Carlos Tavares as his replacement, people familiar with the matter said. Varin wants Tavares to initially serve as his No.
Nov
25th

PSA board said to OK hiring ex-Renault COO Tavares to succeed CEO Varin

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PSA's board has approved hiring former Renault Chief Operating Officer Carlos Tavares to replace Philippe Varin as CEO, people familiar with the matter said.
Nov
25th

MALAYSIA: Sales slip in October

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New vehicle sales in Malaysia fell by 0.7% to 55,078 units in October, from 55,447 units a year earlier, according to data released by the Malaysian Automotive Association.
Nov
25th

GM, Toyota get boost from discounted finance, lease deals for Uber drivers

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People who sign up as drivers for Uber Technology's car-booking service will be able to get discounted financing or leasing for vehicles made by Toyota and GM.
Nov
25th

Automotive News Breaking News Feed 2013-11-25 01:01:00

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A battle is brewing in, of all segments, hydrogen fuel cell electric vehicles.
Nov
25th

Mercedes will make engine lines more flexible

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Mercedes wants to establish a so-called "agile production" system in its engine assembly operations, production and purchasing boss Andreas Renschler said.
Nov
25th

Fisker files for U.S. bankruptcy protection as part of sale to Hong Kong tycoon

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Fisker Automotive, the dormant California-based maker of hybrid-electric sports cars, filed for Chapter 11 bankruptcy protection as part of a restructuring plan.
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