Oct
1st
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General Motors has developed a new strategic plan intended to help it achieve 9% to 10% margins on an EBIT-adjusted basis by early next decade.
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Oct
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PSA CEO Carlos Tavares says the carmaker is open to potential partnerships but must first complete its restructuring. In July, PSA reported a surprise surge in first-half cash flow and the first auto-division profit in three years.
Oct
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Opel hopes its heavily reworked Corsa will remain a best seller, despite the fact that the subcompact is still using some components from the older platform. The next generation of the hatchback is due to launch in 2018.
Oct
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Opel hopes its heavily reworked Corsa will remain the automaker's best seller in Europe. CEO Karl-Thomas Neumann said new driver assistance and infotainment systems will help maintain the car's success.
Oct
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Ford is hiring about 1,000 hourly workers for its Oakville, Ontario, plant in Canada.
Oct
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Calsonic Kansei has set up a new plant in Bawal in Haryana state, India.
Oct
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U.S. light-vehicle sales -- paced by truck-fueled gains at GM, Chrysler Group and Nissan Group -- rose 9 percent in a September marked by sharp brand advances and a few steep declines.
Oct
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General Motors has suspended car assembly operations at its St. Petersburg, Russia, plant for the third time this year, and plans a fourth shutdown.
Oct
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Kia's Australian unit is now offering a seven-year new car warranty similar to that offered in the UK.
Oct
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Renault's Sandouville plant, which this year celebrates its half-century, is producing commercial vehicles for the first time.
Oct
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BMW's Rolls-Royce has completed a recruitment campaign hiring workers for 100 new permanent jobs.
Oct
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The European Union has launched an investigation into Volkswagen's planned receipt of 36.15 million euros ($45.6 million) of state aid for investing in its MQB platform technology at a plant in Portugal.
Oct
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Mazda Motor has begun operations at its new national sales company Mazda Southern Africa (MSA).
Oct
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New-car registrations in Spain rose 26 percent in September, the market's 13th consecutive month of growth, as continued support from a government subsidy program helped boost sales.
Oct
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Suzuki Motor's Thai unit is ramping up its export drive as the domestic market continues to spiral lower.
Oct
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South Korea's Hankook Tire confirmed a major fire at its main Daejeon production facility, located about 100 miles (160km) south of the capital city Seoul, has not affected any of its production lines.
Oct
1st
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Magna International has announced that one of its subsidiaries has signed an agreement to acquire the Techform Group of Companies, an automotive supplier of hinges, door locking rods and other closure products.