Senior management at Hindustan Motors have promised to make "partial payment" of five months pay arrears to 2,600 employees at the Uttarpara factory which made the iconic Ambassador model, a favourite of Indian government ministers and army generals.
Tata Motors vice chairman Ravi Kant has stepped down just days after the struggling automotive group posted a stand-alone loss after tax of INR8.2bn (US$138m) for the three months ended 31 March, compared with a loss of INR3.1bn (US$52m) in the same period a year earlier.
Toyota Australia's 2,500 'blue collar' workers, who face redundancy when the automaker ends local manufacturing in 2017, have voted to accept payoff packages which the automaker has now started to calculate, a media report said.
The 2015 Acura MDX goes on sale Tuesday. It'll start just a tick higher than last year, at $43,460 for the two-wheel drive model.
Valmet plans to cut 300 jobs in Germany because of dwindling demand for convertible cars, according to German union IG Metall. Valmet will either transfer jobs to Poland or gradually phase out the positions through 2017, a union official said.
Valmet will cut about 230 jobs at a roof systems plant in Germany because of weak demand for convertibles. The supplier will move production to Poland.
News
2 Jun, 2014
Mitsubishi unveils computer game-only Concept XR-PHEV Evolution Vision Gran Turismo
With sales up 36% in *April, and 35% for the year to date, Lexus is surging up the sales charts in Britain, and has even overtaken Mitsubishi Motors. The latest CT 200h is leading the charge as premium segment buyers have at last begun to embrace hybrid cars.
For a brand-new racing prototype, the new Porsche 919 Hybrid hasn't performed too shabbily -- it took third place at the
UAW President Bob King, who retires this week, wants to build unity at the union as it continues efforts to organize transplants in the South and prepares for collective bargaining with the Detroit 3 next year.
Articles
2 Jun, 2014
Real-life beer goggles: we try a new suit that shows how dangerous it is to exceed the drink drive limit on the road
ASSOCIATE EDITOR GRAHAM KOZAK: You know you're getting horribly spoiled when you hop in a heavy duty pickup and, after glancing around the interior, think to yourself: and#8220;No sunroof? This is bullshit!and#8221;
News
2 Jun, 2014
New power packages from Cosworth set to boost Toyota GT86 and Subaru BRZ power to 380bhp
Dacia has the potential to continue its remarkable rise under Renault ownership over the past 15 years, CEO Nicolas Maure said.
Mazda's US unit is recalling 18,592 2014 model year 6 vehicles produced between 25 October 2012 to 9 May 2013 to modify the fuel system.
Swedish auto safety systems supplier Autoliv on Monday (2 June) said it had agreed to settle three antitrust class actions in the United States for US$65m.
AvtoVAZ says it is addressing delivery improvement issues with its transportation company after feedback from dealers in Russia.
UK automotive engineering consultancy, Drive System Design (DSD), is establishing engineering and sales offices in Michigan to provide improved support for its growing customer base in North America, the company announced on Monday (2 June).
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