May
12th
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Visteon Corporation will appoint two new independent directors to its board after its 2011 annual shareholders meeting on 9 June, 2011.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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May
12th
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Nissan will return to normal production levels globally in October, after Japan's devastating earthquake disrupted supply chains and forced factory stoppages, CEO Carlos Ghosn said.
May
12th
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Auto Express rounds up the action at the 2011 Barcelona Motor Show.
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May
12th
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Announcing its first official results after the takeover by China's Zhejiang Geely, Volvo said its earnings almost doubled in the first quarter to 640 million Swedish crowns ($103 million), up 280 million crowns from a year ago.
May
12th
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Sweden's National Debt Office (SNDO) is remaining tight-lipped concerning today's (12 May) news that Saab and Hawtai have ended the proposed EUR150m (US$213m) investment by the Chinese automaker.
May
12th
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PSA Peugeot Citroen on Thursday announced a three-year, EUR355m capital spend at its Valenciennes plant, in the Nord 'department' [administrative region] of France, and at the Française de Mécanique facility in Douvrin, in the Pas de Calais and said it would end the light commercial vehicle-producing joint venture with Fiat at the Sevelnord plant after 2017.
May
12th
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BMW is considering building two new factories in emerging markets. The world's largest maker of luxury vehicles continues to evaluate sites for a plant in Brazil and is now mulling adding a factory in Russia, India, Korea or Turkey.
May
12th
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PSA said it would not renew a northern France joint venture with Fiat after 2017 but pledged to invest 355 million euros ($511 million) over three years at other plants in the Nord Pas de Calais region.
May
12th
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Audi plans to create 10,000 jobs globally through 2020, according to its CEO.
May
12th
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Porsche's 911 Carrera GTS has proved to be yet another potent weapon for enthusiasts craving power and speed.
May
12th
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Saab parent Spyker and Chinese automaker Hawtai have axed the proposed investment deal between them citing problems obtaining consent from what is referred to only as "stakeholders".
May
12th
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Saab parent Spyker and Chinese automaker Hawtai have axed the proposed investment deal between them citing problems obtaining consent from what is referred to only as "stakeholders".
May
12th
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Porsche's 911 Carrera GTS has proved to be yet another potent weapon for enthusiasts craving power and speed.
May
12th
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Russian businessman Vladimir Antonov still wants to invest in Saab despite the collapse of a funding deal with China's Hawtai Motor Group for the Spyker Cars NV-owned Swedish carmaker, his representative said on Thursday.
May
12th
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Top Chinese SUV maker Great Wall Motor is continuing to talk with Dutch supercar maker Spyker about a potential tie-up involving Saab, a source told Reuters on today.
May
12th
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Top Chinese sport utility vehicle maker Great Wall Motor is continuing to talk with Dutch luxury car maker Spyker Cars about a potential tie-up, a source told Reuters on today.
May
12th
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Patent drawings, showing a 360 degree view of Merc's Golf-rival, leak onto the web.
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May
12th
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German firm announces new four-wheel drive, 402bhp version of the 911 GTS available as a Coupe and Cabriolet.
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May
12th
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After spending $1.7 billion last year to acquire Volvo from Ford, the Chinese automaker Zhejiang Geely now plans to spend as much as $11 billion on Volvo products and facilities over the next five years. A growth strategy for the U.S.
May
12th
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Renault expects to extend the range of its battery-powered Zoe beyond the 200km achieved by the subcompact's prototype. But Renault-Nissan CEO Carlos Ghosn wants to make sure that the final number remains a secret as long as possible.