Karl-Thomas Neumann, head of Volkswagen in China until he was moved sideways in a management shake-up earlier this year, could be the next head of Opel, according to media reports on both sides of the Atlantic.
EXECUTIVE EDITOR BOB GRITZINGER: In this fifth-gen Altima,
China's notoriously fragmented car industry, which has more than 70 registered carmakers yet is dominated by foreign companies, could be changing.
Hyundai Motor India (HMIL) has announced an additional investment of US$300m to establish a flexible engine plant and a new press shop at its factory in Irungattukkottaim, Chennai.
Volvo Car is testing a new fast-charger for electric cars that cuts recharging time to 1.5 hours.
Japan's Suzuki will pull the plug on its unprofitable automobile sales business in the United States after nearly three decades, hurt by a strong yen and a limited choice of vehicles that failed to excite consumers.
Top Australian auto parts supplier Autodom was thrown a lifeline today when local units of Ford Motor and General Motors agreed to underwrite the company's $6.5 million debt to avoid a crippling vehicle production shutdown.
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14 Jan, 2013
Maserati has revealed the new Quattroporte at the Detroit Motor Show
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7 Nov, 2012
Figures show that more than 150,000 new cars were registered last month
Renault says its meeting with all its major unions due to start imminently (6 November) in Paris, will be the first of several such discussions to address the automaker's performance.
October new car registrations took the New Zealand market year to date tally past last year's 64,019 vehicles to 64,285 units. October sales were the second strongest this year and up 35% (1,908 units) on October 2011 - 7,336 versus 5,428.
Data released by South Africa's auto industry trade association, Naamsa, shows that new vehicle sales increased by 10.5% year-on-year in October to 57,845 units.
Volkswagen has sold 2.5 billion euros ($3.2 billion) in bonds in order to boost liquidity after recently adding Porsche and Ducati to its brand portfolio.
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7 Nov, 2012
Comparison sites promise big savings, but do they give you the best deal?
BMW said revenues for the three-month period from July to September 2012 rose 13.7% to EUR18,817m (2011: EUR16,547m). EBIT increased 13.8% to EUR2,004m (EUR1,761m). EBT improved 17.6% to EUR1,987m (EUR1,689m). Net profit was 16.0% up at EUR1,289m (EUR1,111m).
Nine-speed transmissions might have reached the 'natural limit' because going beyond that number of gears adds weight and complexity that cannot be offset by gains in fuel efficiency, ZF Friedrichshafen CEO Stefan Sommer said.
UK new-car sales rose 12.1 percent to 151,252 in October, in stark contrast to other major European markets that saw big drops in demand.
The UK new car market continued to buck the trend in Europe as a whole in October as it posted growth of 12.1% on last year.
Russian Railways (RZD) has inked the contract to acquire 75% of PSA Peugeot Citroen's logistics subsidiary, GEFCO, for EUR800m (US$1.02bn) that will be used to pay down the automaker's major debt.
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