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Apr
15th

JAPAN ‘QUAKE: US March SAAR seen as low as 13.3m

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Edmunds.com is predicting an April SAAR in the range of 13.3m to 14.1m and a possible 700,000-unit hit to the full-year tally if earthquake-related Japanese supply problems last through the summer.
Apr
15th

SHANGHAI PREVIEW: SAIC revives British van for China

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Defunct British van maker LDV's Maxus van has been revived by new owner SAIC in time for the Shanghai motor show next week.
Apr
15th

MALAYSIA: Proton secures GBP270m Lotus funding

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National carmaker Proton has secured GBP270m (US$440m) to fund a five-year turnaround at its loss-making British-based unit Group Lotus.
Apr
15th

Hyundai, Kia run U.S. plants overtime as Toyota pares output

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Hyundai Motor Co. and Kia Motors Corp., South Korea's biggest carmakers, are running full shifts at their U.S. plants with overtime, unscathed by parts shortages that are curbing local output for Japan-based competitors.
Apr
15th

US: GM ‘working through’ quake supply issues – CEO

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General Motors chief executive Dan Akerson has said the automaker is working through the Japan 'quake-related parts shortage and also is facing a shortage of engineers in the US.
Apr
15th

INDIA: Tata Group sales up 1% in March

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Tata Motors Group global wholesale sales, including Jaguar Land Rover, rose just 1% year on year to 110,785 in March 2011.
Apr
15th

Jaguar Land Rover sales rise gives parent Tata a boost in March

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Jaguar and Land Rover sales rose 2 percent to 24,101 units last month, driven by an 8 percent rise in Land Rover sales.
Apr
15th

Italy union takes Fiat to court over plant accords

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Left-wing metalworkers union Fiom will appeal to a Turin court to try to annul automaker Fiat's plant-level accords on working conditions approved in workers' referendums, Fiom leader Maurizio Landini said on Friday.
Apr
15th

GERMANY: VW group sets new Q1 sales record

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Volkswagen Group has set a first-quarter record with almost 2m vehicles delivered between January and March.
Apr
15th

SWEDEN: Bennett takes on product role at Volvo Car

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Geely-owned Volvo Car Corporation has appointed Toscan Bennett as head (VP) of product planning.
Apr
15th

JAPAN ‘QUAKE: MMC running all plants early next week

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Mitsubishi Motor suspended production at its Okazaki and Mizushima plants in Japan on Friday but operated at Pajero Manufacturing Company (PMC).
Apr
15th

Potential Saab shareholder Antonov optimistic Sweden is close to helping automaker

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Russian financier Vladimir Antonov -- who is trying to buy a stake in Saab -- expressed optimism on Friday that a deal with Sweden's Debt Office to solve a cash crunch at the automaker was close.
Apr
15th

JAPAN ‘QUAKE: Toyota on half-rate till early June

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Toyota Motor Corporation on Friday said vehicle production in Japan from 10 May to 3 June would be at about half the usual rate.
Apr
15th

Toyota trims Japan output to half of original plan until June 3

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Toyota said it would keep building cars in Japan at half of original plans at least until June 3 in a move estimated to cost the world's biggest automaker another 120,000 vehicles in lost production.
Apr
15th

Toyota cuts output to half of original plan until June 3

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Toyota said it would keep building cars in Japan at half of original plans at least until June 3 in a move estimated to cost the world's biggest automaker another 120,000 vehicles in lost production.
Apr
15th

Renault-Nissan to invest 230M euros in engine plant

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The Renault-Nissan Alliance plans to invest an initial 230 million euros ($333.6 million) in producing a new diesel motor at Renault's Cleon factory in France, Renault said on Wednesday.
Apr
15th

Chrysler debt refinance near, banks picked

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Chrysler is close to launching a debt refinancing package to repay its U.S. and Canadian government loans and has selected four banks to lead the deal, sources say.
Apr
15th

Ford to introduce 15 new vehicles in China by 2015

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Ford will introduce 15 new vehicles in China by 2015, as part of its expansion in fast-growing Asia, the company said in an statement today.
Apr
15th

Toyota may delay announcement of earnings forecasts, source says

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Toyota is considering delaying its announcement of this year's earnings forecasts until after it releases its fourth-quarter and full-year results on May 11, a source with direct knowledge of the matter said.
Apr
15th

Chevrolet aims to increase European market share

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Chevrolet Europe hopes seven new model launches this year will help it equal or beat the 2.5 percent market share it won in Europe last year, the head of the GM subsidiary, Wayne Brannon, said in an interview.
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