Germany's ThyssenKrupp said it has agreed to sell its Tailored Blanks unit to Chinese peer Wuhan Iron and Steel as part of a move to shed assets with overall revenues of 10 billion euros (81.6 billion yuan).
This video has been posted and reposted on these here internets a dozen or so times since either
PSA Peugeot-Citroen is to slash production of its 208 model by 33% at its Poissy plant near Paris as European economic turmoil continues to take its toll.
France's competition watchdog has called for a deregulation of the car maintenance market to put the brakes on the rising cost of vehicle repairs.
News
9 Oct, 2012
No injuries but a new Range Rover is wrecked in A34 transporter crash
Videos
9 Oct, 2012
The Morgan Plus 8 costs about the same as a Porsche 911 - but is it a worthy rival?
Volkswagen said global vehicle deliveries of its core VW-brand were up by 4.3 percent to 492,500 last month, as the automaker increased sales in most major markets except western Europe.
BMW Group says it achieved another record month in sales last month, with growth in many regions around the world.
General Motors is to open an Information Technology Innovation Centre in Warren, Michigan and expects to hire up to 1,500 high-tech employees during the next several years to support the company's new approach to IT services.
Having already sold a claimed half a million units of its B-segment Versa/Sunny sedan, Nissan has been surprised by the negative reaction of the Japanese media as it introduced the car in its home market.
BMW increased vehicle sales at its flagship BMW brand by 14.3 percent to 146,843 in September thanks to strong demand in China, the United States and Europe.
BMW increased vehicle sales at its flagship BMW brand by 14.3 percent to 146,843 in September thanks to strong demand in China, the United States and Europe.
Motion and control technology company, Parker Hannifin Corporation, says it has completed its previously announced transaction to sell the automotive air conditioning portion of its Mobile Climate Systems Division to ContiTech, although terms of the deal were not disclosed.
News
9 Oct, 2012
V40 R-Design and Cross Country start at £22,295 and £22,595
DTC Dutch Thermoplastic Components, Kok & Van Engelen, NLR National Aerospace Laboratory of the Netherlands, TenCate Advanced Composites and VIRO have say they will collaborate in the European Thermoplastic Automotive Composites consortium (eTAC).
News
9 Oct, 2012
Britain's employers back road pricing to help revamp roads
New vehicle sales in Vietnam fell by 29.5% to 7,201 units in September, from 10,216 units a year earlier, according to data released by the Vietnam Automotive Manufacturers Association.
PSA's restructuring is an "internal matter," the French automaker's CEO told reporters during a factory visit by industry minister Arnaud Montebourg.
Sergio Marchionne, who heads Fiat and Chrysler Group, will revise two-year growth plans for both automakers later this month to reflect the slump in European auto sales.
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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