Honda is cutting production at its UK factory from three shifts to two, threatening more than 300 jobs, because of slow sales across Europe.
Winding specialist, Marsilli Automation Technology, says localisation is becoming increasingly prevalent in Russia as government pressure and exchange rate fluctuations make domestic production more attractive.
News
25 Mar, 2014
Ford to display all-new Mustang on top of the Empire State Building in New York next month
As a part of its efforts to speed up the recall of 1.6m vehicles to repair faulty ignition switches, General Motors has turned to rental car companies such as Enterprise, Hertz, and Avis to provide loaner cars for affected owners, reported The Car Connection.
New vehicle sales in Thailand fell 44.8% to 71,680 units in February, from peak volume of 129,910 units a year earlier, according to data released by the Federation of Thai Industries.
Ferrari has reappointed Luca Cordero di Montezemolo as chairman and Amedeo Felisa as CEO, while appointing four new members to the board.
News
25 Mar, 2014
First pictures of a 296bhp four-wheel drive Volkswagen Golf R estate, possible launch at the end of 2014
Swedish supplier SKF says it has signed a five-year deal to supply transmission seals to China's Zhejiang Geely Holding.
Dunlop Motorsport Europe says the decision to end tyre production in the UK city of Birmingham with the loss of 241 jobs, does not affect its non-racing operations in Britain, where it continues to employ more than 700 people.
German supplier Leoni said that CEO Klaus Probst will leave the company at his own request at the end of June 2015.
Volkswagen is not planning to develop a new model to replace its Eos convertible because the niche is too small, German publication Der Spiegel reported.
News
25 Mar, 2014
Slow European sales force Honda to reduce production at Swindon plant, 340 jobs could be cut
Ford is celebrating the Mustang's 50th anniversary in style. In addition to the
The long-rumoured BMW X7, a full-size SUV, has been announced by BMW. As expected, it will be built in the US at an expanded Spartanburg plant.
BMW's Spartanburg plant in South Carolina will announce production of a new seven-seat crossover called the X7 on Friday (28 March, 2014), the Reuters news agency reported.
Audi is to assemble the A3 sedan at its Aurangabad plant in India with sales starting this summer.
Daimler has joined German supplier Bosch in questioning Tesla's decision to build so-called ''supercharger'' stations in Germany that only cater to the U.S. electric carmaker's vehicles.
Renault will revive its Alpine brand on its own after ending a partnership with UK specialist sports car maker Caterham, reports said.
In just a few days the cars of the World Endurance Championship (WEC) will take to the track at the Circuit Paul Ricard for The Prologue on the 28 and 29 March 2014.
This is the official pre-season test for the FIA WEC and most of the 31 full season entries will be there.
It will also be the first opportunity to see the LMP1-H cars from Audi R18, Toyota TS040 and Porsche 919 running together on the same track.
The two days of testing at The Prologue will begin at 9 am on Friday March 28 for three sessions, including a run in the dark on Friday evening.
The event will continue on Saturday with the public being invited to attend and take part in an autograph session at lunchtime.
Friday March 28
09:00 - 13:00 Morning Session
14:00 - 18:00 Afternoon session
19:00 - 21:00 Night session
Saturday March 29
09:00 - 13:00 Morning Session
13:15 - 13:45 Driver Autograph Session
14:00 - 17:00 Afternoon session