PSA's Carlos Tavares wasted little time getting his feet under the CEO's table before announcing he was getting the pruning knife out to hack away at the fiendishly complicated global Citroen and Peugeot product lines, all in pursuit of a 2% operating margin by 2018 with a longer-term target of 5%.
Ford will unveil a production version of the Escort sedan at the Beijing auto show. The car will be aimed exclusively at the Chinese market.
AutoNation, tired of paying high prices for online leads, plans to de-emphasize third-party lead providers such as TrueCar, AutoTrader.com and Cars.com, CEO Mike Jackson says.
National Electric Vehicle Sweden (Nevs) says it now employs more than 700 people at its Trollhättan plant in Western Sweden as 9-3 production starts to ramp up.
Despite 10 weeks of problematic winter weather to start the year, a late March rebound in dealership traffic helped drive AutoNation's net income 15 percent higher in the first quarter of 2014 from the year-earlier period, the company said today.
Mahindra & Mahindra seventh automotive plant in Tamil Nadu will start operations by 2015-16 with a completely new model range, a local media report said.
PSA/Peugeot-Citroen CEO Carlos Tavares' Back in the Race business plan and a cash injection from Chinese partner Dongfeng are almost certainly enough to ensure his company's short-term survival, but PSA's long-term prospects remain uncertain.
The European new car market recorded a third successive quarter of growth thanks to a 9.3% year on year increase in March.
Faurecia is supplying parts for the 2015 Mexican built NAFTA Volkswagen Golf being launched this spring.
SAIC Motor's MG division has revealed a UK designed and developed electric vehicle as part of the brand's 90th anniversary celebrations.
Land Rover has confirmed the first nameplate in its redesigned Discovery family - previewed in concept form at the New York motor show this week will be the Discovery Sport "premium compact SUV".
Volkswagen CEO Martin Winterkorn will unveil a new strategy for the automaker called Future Tracks by year end, a report said. The plan will set fresh profitability and sales goals, Winterkorn told Manager Magazin in an interview.
Lamborghini will showcase the Huracan LP 610-4, its newest technology-packed supercar at the Beijing auto show, with the model set to spice up its parent company Audi's own offerings.
Brazil's current weak auto sales, likely to spill over from 2014 into 2015, seems to be far from the best background for the huge investment just made by Nissan in Resende, 100 miles northwest of Rio de Janeiro City.
Lincoln set up a showcase called The Lincoln Space in a busy pedestrian area of central Beijing today to outline its strategy for entering the world's largest auto market.
Lincoln set up a showcase called The Lincoln Space in a busy pedestrian area of central Beijing today to outline its strategy for entering the world's largest auto market.
Maserati unveiled the GranTurismo MC Centennial Edition at the
Videos
17 Apr, 2014
We've condensed all the highlights of the 2014 New York International Auto Show into one video. View it here.
European car sales jumped 10 percent in March, the seventh consecutive monthly gain, as new models to replace aging vehicles and an economic rebound boosted demand. First-quarter sales rose 8 percent.
BMW dealers in Europe taking part in the automaker's Product Genius program are getting a financial boost.
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