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Oct
22nd

GERMANY: VW makes jobs offer to Wilhelm Karmann

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Volkswagen Osnabrück has made an offer to the administrator of Wilhelm Karmann to take on 329 employees of the Karmann metal unit. Full story...
Oct
22nd

Millions of Ford vehicles recalled for engine-fire risk are still unrepaired:

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About 8.4 million Ford vehicles that can possibly catch fire remain on the road because of lack of owner information even after the largest U.S. safety recall ever, regulators said Thursday. Full story...
Oct
22nd

Daimler aims to nearly triple China sales by 2015

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Daimler aims to sell 300,000 Mercedes-Benz cars in China annually in 2015, its CEO said on Friday, nearly tripling its sales this year. Daimler is also investing 3 billion euros ($4. Full story...
Oct
22nd

Geely invited to build assembly plant in Turkey

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The Zhejiang Geely Holding Group says Anadolu Group, a Turkish auto dealer, wants the Chinese automaker to set up an assembly plant to build Geely-brand cars in Turkey. Full story...
Oct
22nd

Autoliv buys Delphi’s 51% stake in Chinese seat belt venture

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Sweden's Autoliv has acquired Delphi's 51 percent stake in Beijing Delphi Automotive Safety Productions, a joint venture that produces seat belts. With its newest acquisition, Autoliv now has 10 factories in China. Full story...
Oct
22nd

JAPAN: Nissan starts Leaf production in Oppama

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Nissan Motor has started production of the pure electric, zero-emission Nissan Leaf at its Oppama facility. Full story...
Oct
22nd

FRANCE: Valeo raises full year guidance after Q3 results

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Valeo has increased its full year guidance for operating margins and production levels, following the release of its third quarter results. Full story...
Oct
22nd

JAPAN: Toyo Tire to acquire all shares of Silverstone Berhad

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Toyo Tire & Rubber says it will acquire all shares of Malaysia-based tyre manufacturer Silverstone Berhad and has announced the stock purchase agreement with Silverstone's sole shareholder, Silverstone Corporation Berhad. Full story...
Oct
22nd

US: Siemens launches line of EV charging stations

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Siemens Energy has launched a line of EV charging stations, which includes solutions for residential, public and commercial applications, including integration into the Smart Grid. Full story...
Oct
22nd

CHINA: Hyundai inks US$443m JV with Sichuan Nanjun

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Hyundai Motor has signed a joint venture agreement worth US$443.1m with Chinese commercial vehicle maker Sichuan Nanjun Automotive Group according to Korean reports Full story...
Oct
22nd

Audi’s R8 GT to narrow price gap with BMW, Mercedes

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Audi aims to compete on pricing with BMW and Mercedes with the R8 GT, its most expensive model ever. Full story...
Oct
22nd

Audi’s R8 GT to narrow price gap with BMW, Mercedes

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Audi aims to compete on pricing with BMW and Mercedes with the R8 GT, its most expensive model ever. Full story...
Oct
22nd

Audi’s 700bhp R8 Spyder

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German firm to show modified supercharged V10 R8 Spyder at SEMA tuning show.


Full story...
Oct
22nd

AUSTRALIA: Toyota brake recall affects 17,582 SUVs

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Toyota Australia is to recall Kluger (Highlander) SUVs produced from May 2003 to November 2005, as part of a global recall announced earlier this week. Full story...
Oct
22nd

THE WEEK THAT WAS: The EN-V of your friends

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This week has been a little different from the DepEd norm - half of it travelling; the other half in Shanghai with General Motors. Subject: personal mobility; practical: hands-on goes at the EN-V and Chevrolet Volt. Full story...
Oct
22nd

VW said to bring forward 10M sales target to 2015

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Volkswagen aims to reach its sales goal of 10 million vehicles three years earlier than planned as VW tries to pass Toyota as the largest automaker. VW targets more than 8 million deliveries by 2012 and 10 million as early as 2015, a source said. Full story...
Oct
22nd

Ford of Europe shakes up management team

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Ford of Europe will start 2011 with new leaders for its sales and product development departments. Full story...
Oct
22nd

Valeo raises outlook; Q3 sales soar on Asia demand

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Valeo nudged up its operating margin target for the full year after posting a 22 percent rise in third-quarter sales as demand for cars grew, particularly in Asia. Full story...
Oct
22nd

PSA fears EU-Korea trade pact will help rivals Hyundai, Kia

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PSA likely will be hard hit among European automakers by a new EU-South Korea trade agreement, industry analysts say. Full story...
Oct
22nd

Hyundai signs truck deal with China’s Sichuan Nanjun

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Hyundai said on Friday that it had signed a 500 billion won ($443.1 million) joint venture Chinese commercial vehicle maker Sichuan Nanjun Automotive Group to expand its presence in the growing segment. Full story...
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