Hyundai said its sponsorship of the Euro 2012 soccer championship has been very successful in getting its brand name more widely known in the region, particularly in the social media spectrum.
Troubling news from India yesterday. Following an alleged caste slur by a supervisor, a meeting between the Maruti Suzuki union and management turned nasty and parts of the plant - including an office block and security gate were set on fire. An HR supervisor got caught in the blaze and died, many more were injured, about 100 arrested, charges will include attempted murder.
Patrick Pelata, who stepped down from his post as Renault's chief operating officer in 2011 following a botched espionage investigation, says he's leaving the carmaker because he wasn't given enough responsibilities.
Workers at the Manesar Maruti Suzuki plant had been planning to attack the supervisor and indulge in violence for about a week, a labour contractor who was present at the spot has claimed.
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20 Jul, 2012
Government wastes £30 million detecting just 38 ringers
News
20 Jul, 2012
The flagship Porsche 918 Spyder has been caught testing at the 'Ring, wearing the iconic Martini Racing livery
A powerful Renault union says PSA Peugeot Citroen's plans to drastically cut its workforce have "really shaken" its members and although Boulogne-Billancourt insists it has no plans to lay off staff, cites France's "fragile equilibrium" as worrying.
Toyota is close to an agreement to purchase light commercial vans from PSA's threatened Sevelnord plant in northern France, a French newspaper reported.
Nissan is moving Rogue production from Japan to both the US and Korea, boosting global capacity for the compact SUV.
Honda Motor is ramping up production in the US and expects to double exports from the country to 200,000 in the next few years.
Volkswagen is considering launching a new bid for Malaysia's Proton, according to media reports.
Isuzu is to use Saudi Arabia as a base for manufacturing trucks for export to the countries on the western side of the Persian Gulf starting next year.
AvtoVAZ plans to launch automatic transmission versions of the Lada Granta by September.
Ford, with overseas losses reducing total profit, is under pressure to close at least one factory in Europe, where it may have more excess capacity than rival General Motors.
Japan Automobile Manufacturers Association chairman Akio Toyoda has urged the Japanese government to review automobile-related taxes to help stimulate the domestic market.
Kongsberg Automotive says it has secured a EUR287m (US$254m) seat contract with an unnamed OEM, continuing its policy of initially declining to name clients.
U.S. auto companies will hire more people and expand plants over the next year to keep up with increasing consumer demand for vehicles to replace aging cars and trucks, according to a report released today.
The Renault-Nissan alliance said on Friday it will invest $160 million to produce 80,000 Nissan Rogues at Renault's South Korean factory in an attempt to increase the cost competitiveness of the struggling operation.
Johnson Controls said net income in the quarter that ended June 30 rose 17 percent to $417 million from $357 million but the supplier lowered its forecast for earnings in the fourth quarter because of "softness" in "global markets" and a lower euro.
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