PSA/Peugeot-Citroen will cut the size of its executive pension packages, a French daily reported, months after public criticism forced former CEO Philippe Varin to turn down his pension.
Russian politicians are backing the emergence of a greater emphasis on the commercial sector as one factor to address domestic automotive sales which dropped 6% last year.
German supplier Schaeffler took a 380 million euro ($526 million) provision after being fined in a European Union antitrust probe.
As expected earlier this week, the US Department of Justice has now confirmed a US$1.2bn settlement with Toyota that ends a four-year criminal probe over accusations that it misled authorities over unintended acceleration in Toyota cars and subsequent recalls.
The Volvo Group says it has taken an important strategic step with the introduction of a UD bus range developed specifically for emerging markets.
Continental has started production and distribution of radial truck tyres in the Indian market.
BMW CFO Friedrich Eichiner said any worsening of the crisis between Ukraine and Russia would jeopardize the company's outlook.
News
8 May, 2014
Rezvani Motors launches the Beast, a new lightweight high-performance roadster based on the Ariel Atom
"Within a few decades, the urge to travel at high speed has led man to develop the locomotive, the automobile, the airplane, and the rocket.
There was a certain frisson to this year's Russian Automotive Forum (RAF) organised by Adam Smith Conferences in Moscow for the most obvious of reasons.
The 2015 Acura TLX will make its production debut at the 2014 New York auto show.
After the passing of William Clay Ford Sr., Ford has announced that they will honor his memory and his contribution to the automobile with the creation of scholarships for automotive design students. William Clay Ford Sr.
-- Ayrton Senna positively dominated the 1990 Monaco Grand Prix: he came in with the fastest qualifying lap, started on pole, set the fastest lap, led every single one of them, won the thing, beating rival Alain Prost in the process, then went on to...
Chrysler has made the decision to suspend production of the
Sales of Datsun cars officially restarted Wednesday after the brand's 30-year dormancy, with the first cars being delivered in India.
It's the annual event that quietly wakes Europe's auto industry into action after winter slumber. Now that it has come and gone, just-auto's future products editor, Glenn Brooks, reflects on the significant trends and vehicle world premieres at the 2014 Geneva Salon de l'Automobile.
Porsche said a fastener that wasn't properly installed is to blame for engine fires in two of its 911 GT3s that led to a recall of all 785 cars from the current model year.
Japanese auto deliveries will drop 16 percent in the year starting April 1 as a sales-tax increase damps demand, an industry group estimates.
Porsche said a fastener that wasn't properly installed is to blame for engine fires in two of its 911 GT3s that led to a recall of all 785 cars from the current model year.
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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