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12th
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Iranian automaker IKCO said it would soon finalise a contract for the design and development of its first B segment platform.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Jul
12th
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For Hyundai, Moon Yong Moon's labor protests during the 1990s became such a nuisance that South Korea's largest carmaker laid him off three times. The strategy didn't work.
Jul
12th
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PSA has moved decisively to rationalise its European production capacity in the face of declining capacity utilisation and a slump in demand for small cars. Aulnay, maker of the Citroen C3, was an obvious weak point in the company's European manufacturing footprint.
Jul
12th
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French Economic Redevelopment Minister, Arnaud Montebourg, is to appear live on television this evening to be grilled on today's (12 July) dramatic announcement by PSA it is to slash an initial 6,500 jobs at its Aulnay and Rennes sites.
Jul
12th
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China's passenger-vehicle sales rose 16 percent to 1.28 million units in June as automakers increased shipments ahead of scheduled shutdowns for the summer, the China Association of Automobile Manufacturers said.
Jul
12th
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Jul
12th
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Jul
12th
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Automakers and dealers said an increase in Spain's sales tax to 21 percent from 18 percent will hit the country's flagging auto sales.
Jul
12th
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PSA Peugeot Citroen on Thursday said it would close its Aulnay small car plant in northern France in 2014 with the loss of 3,000 jobs but could transfer up to 1,500 to Poissy where small car production will be consolidated. It will also axe 1,400 of 5,600 posts at Rennes. Another 3,600 posts will be axed in corporate roles.
Jul
12th
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French automaker PSA Peugeot Citroen, an alliance partner with General Motors, announced 8,000 job cuts and a plant closure as it struggles with mounting losses, a move that could spark more restructuring and political tension in austerity-strapped...
Jul
12th
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PSA faced mounting criticism in France today after the company said it would close its Aulnay car plant near Paris as the automaker struggles with mounting losses at its core automotive division.
Jul
12th
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Europe needs a "car czar" to solve its problems and Lewis Booth is the right man for the job.
Jul
12th
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Renault has created a separate position to oversee its European markets for the first time as it moves to address its rapidly falling sales.
Jul
12th
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The Volvo V40 will be the first product introduced since China's Zhejiang Geely Holding Group bought the Swedish carmaker in 2010 and highlights the company's attempted transformation into a high-volume premium brand.
Jul
12th
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McLaren has just released the much anticipated launch video for the new 12C Spider. Fans can see the roadster in high-speed action on the track before it shreds the winding mountain roads of Andalusia in Southern Spain.
Early in the film, the 12C Spider's retractable hard top is lowered with the car in motion. Of course, the roaring engine can be heard at all times!
Early in the film, the 12C Spider's retractable hard top is lowered with the car in motion. Of course, the roaring engine can be heard at all times!
Jul
11th
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Group 1 Automotive announced that its board of directors has authorized a $50 million stock repurchase program.
Jul
11th
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What is it?
Jul
11th
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To use a football metaphor, trick plays are great but how many times can you go to the same playbook? General Motors is about to find out.
Jul
11th
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EcoMotors International, a lightweight diesel engine company partially backed by Microsoft co-founder Bill Gates, will use a new round of funding to continue the development of a new type of green engine.
Jul
11th
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China's passenger-vehicle sales rose 16 percent to 1.28 million units in June as automakers increased shipments ahead of scheduled shutdowns for the summer, the China Association of Automobile Manufacturers said today.