PE Creditor Trust said American Suzuki Motor Corporation (ASMC) had closed the sale of its operating assets to Suzuki Motor of America, a newly organised, wholly-owned subsidiary of Suzuki Motor, which will operate as the sole distributor of Suzuki products in the continental US. ASMC has wound down all operations.
SAIC has reported a 2.6% rise in profit last year, its slowest growth since 2008.
News
2 Apr, 2013
Latest spy pictures show the Renault TwinFun concept, which previews the next-generation Twingo
Dongfeng Motor plans to classify its subsidiary brands Dongfeng Liuzhou Fengxing, Fengshen and Zhengzhou Nissan into three different categories.
Great Wall Motors (GWM) plans to invest about US$300m to establish an SUV production plant in Thailand.
Spring time is here -- even if the weatherman says itand#8217;s not. That means itand#8217;s time to bring that classic out of the garage, or at least refresh your daily driver after the winter months.
Workers at Volkswagen's plant in Chattanooga, Tennessee, are to decide whether they want union representation.
Mercedes-Benz must believe there's more to the interior of its 2014 S-class sedan than can be expressed in a breathless press release -- more than can even be shown in a
Japan's carmakers said that their combined domestic production in February fell 15.4% from the same month a year ago to 767,335 units because of slow domestic sales and exports.
Now Brazil is the world's fourth largest auto market, it is no longer made to wait sometimes years for new models launched first in other markets. Case in point: the Peugeot 208 due to hit the showrooms on 13 April, just 11 months after going on sale in Europe.
Light-vehicle sales -- led by strong pickup and crossover demand at Detroit's automakers -- rose 3 percent to 1.45 million units last month, slightly below forecasts but a positive signal the spring selling season is off to a solid start.
TECHNICAL EDITOR DALE JEWETT: I've long been a big fan of the
Keno Kato is corporate vice president of Global Product Strategy and Product Planning for Nissan and Infiniti. Glenn Brooks recently met him and took the opportunity to ask a variety of questions concerning future model plans.
Four German automakers have been raided by South Korea's Fair Trade Commission on suspicion of price fixing and collusion, the importers' association says.
Four German automakers have been raided by South Korea's Fair Trade Commission on suspicion of price fixing and collusion, the importers' association says.
Four German automakers have been raided by South Korea's Fair Trade Commission on suspicion of price fixing and collusion, the importers' association says.
Rumours of discussions between Fiat and VW Group over the possible sale of Alfa Romeo have surfaced yet again, this time involving Audi on the VW side.
News
2 Apr, 2013
The new three-door SEAT Leon SC is to start from £15,370 - that's £300 less than the five-door
Edmunds.com has raised its 2013 light vehicle sales forecast to 15.5m. The industry hasn't achieved that level of annual sales since 2007.
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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