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Jan
12th

DETROIT: Chrysler looks to boost European sales by 25%

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As Chrysler's head of international operations, Mike Manley is looking to boost sales by at least 25% this year from just 37,000 in 2010. Full story...
Jan
12th

DETROIT: Volt technology to be used in other vehicles

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The range extender technology from the Chevrolet Volt will feature in an MPV within the next few years, General Motors' CEO told the Automotive News World Congress in Detroit. Full story...
Jan
12th

Lancia will debut its version of the Chrysler 200 at Geneva show

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Lancia will launch a rebadged Chrysler 200 in Europe, possibly called the Flavia. The car will be one of a bunch of new models including a brand flagship and the new Ypsilon that will be unveiled at the Geneva auto show. Full story...
Jan
12th

US: BorgWarner expects earnings growth of 35% to 40%

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BorgWarner today provided 2011 earnings guidance of US$3.85 to $4.15 per diluted share, implying earnings growth of 35% to 40% year on year. Full story...
Jan
12th

US: Nissan names new Latin American chief

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Nissan Americas has announced senior leadership changes in in Latin America and the Caribbean and corporate communications, all effective from 1 April. Full story...
Jan
12th

China links uncovered in Renault EV probe

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An investigation by Renault into alleged leaks of EV secrets by company executives uncovered links to several Chinese companies and one in another country, a French official said. Full story...
Jan
12th

Kia Rio sketches out

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First sketches preview firm’s new Fiesta fighter which debuts at Geneva Show.


Full story...
Jan
12th

Canada to be ‘prudent’ in GM, Chrysler stake sale

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Canadian Industry Minister Tony Clement said his government will be 'prudent' in the sale of its shares of General Motors Co. and Chrysler Group LLC. Full story...
Jan
12th

AutoNation posts 12% gain in December sales

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Another domestic-brand-fueled sales surge in December signals a better 2011 and the U.S. industry's eventual return to sales topping 16 million vehicles, AutoNation Inc. CEO Mike Jackson said Tuesday. Full story...
Jan
12th

Saab, struggling to rebuild, names interim North America chief

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Saab Cars North America has replaced its chief operating officer as it struggles to rebuild the brand in the United States. Full story...
Jan
12th

GM will level out capital spending, Liddell says

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General Motors Co. will get away from the volatile spending on product development that marked the boom and bust cycles of GM's past, GM's CFO said Tuesday. Full story...
Jan
12th

GM sets 2012 Olympic ad deal with NBC

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General Motors Co. will be a major advertiser, and one of only two automakers airing commercials, during NBC's broadcasts of the 2012 Summer Olympics in London, a top executive for the U.S. automaker said on Tuesday. Full story...
Jan
12th

Kia’s Myung-Chul Chung to head Slovak factory

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Myung-Chul Chung is the new CEO of the company's Slovakian unit. Previously Chung was vice-chairman for procurement and sales at the unit. Full story...
Jan
12th

Fiat set to win labor deal for joint venture in Italy with Chrysler

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Fiat likely will win workers' support to relaunch the group's main carmaking plant in Italy as a joint venture with Chrysler to build Alfa Romeo and Jeep models for Europe and North America sales. Workers will vote on Jan. Full story...
Jan
12th

BMW may build 3- and 5-series cars in U.S.

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BMW may build the 3- and 5-series cars in the United States where its 2011 sales will likely surpass the company's volume in Germany for the first time. Full story...
Jan
12th

Volkswagen eyes 5% sales growth in 2011 after record deliveries

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Volkswagen forecast sales worldwide will increase 5 percent this year, after reporting record deliveries in 2010, fueled by growth in China and other emerging economies. Full story...
Jan
12th

Volvo to test electric C30 in U.S.

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Volvo will test an electric version of the C30 hatchback to test in the U.S. market this year. Stefan Jacoby, Volvo's CEO, said an extended range C30 hybrid plug-in would also be available in Europe in 2012. Full story...
Jan
12th

Honda: New Civic to reignite sales

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Honda is counting on a new version of its Civic small car that will go on sale this spring to drive gains in 2011 after losing sales and market share to rivals in 2010. Full story...
Jan
12th

Toyota Canada’s plans for 2011

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Windsor, Ontario--It appears that our recession and ensuing sales slump has been good for Toyota as a corporation in general and for Toyota in particular. The problem is that to get a full understanding of the importance of this, one needs to understand both the organizational chart of the corporation and the culture of the corporation. Full story...
Jan
12th

F1: Vitaly Petrov wants ‘to put Russian flag at the top of the podium’

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While visiting Enstone this week for a preliminary seat-fit and an update on the R31, Vitaly Petrov took time to look through the questions sent in via Twitter and Facebook over the last couple of days. He picked out and answered to some of them. Full story...
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