Supervisory board chief Manfred Bischoff wants to extend the contract of Daimler CEO and Mercedes-Benz chief Dieter Zetsche when the board holds its first meeting in 2010.
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Some 'creep' is starting to appear in the reported number of jobs likely to be lost in Germany should the Magna Sberbank bid for Opel and Vauxhall proceed to completion after getting the green light from General Motors' board last week.
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Ford has resumed production in Russia after suspending work on its Vsevolozhsk assembly line for two weeks due to falling consumer demand.
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Toyota Korea began taking pre-launch orders for Toyota brand vehicles from today.
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Renault isn't out of the global economic crisis but the auto industry should see a gradual rebound from next year, chief operating officer, Patrick Pelata told La Tribune on Monday.
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GKN Driveline certainly can't be accused of short-termism on the basis of its announcement that it has extended its joint venture with Shanghai Automotive Industry Corporation (SAIC) for another 50 years.
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The Volkswagen Group says it is planning to invest a total of four billion euros in new products and the expansion of production capacities in China. The investments are to be financed from the cash flow of the Chinese joint venture companies.
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The European Commission should "take a hand" in negotiations the Magna International consortium's negotiations to buy Vauxhall and Adam Opel, to ensure state aid rules are not breached, UK business secretary Peter Mandelson has said.
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British prime minister Gordon Brown will head a government delegation set to meet General Motors management to discuss making the Opel/Vauxhall Ampera at the automaker's Ellesmere Port plant in Cheshire.
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The German government expects the European Commission to approve its state aid for Adam Opel, an economics ministry spokeswoman said on Monday.
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As American consumers shift their buying behaviour towards more fuel efficient vehicles, turbocharging - already in use by roughly half of new vehicles in Europe - has emerged as the engine technology US consumers 'didn't know they wanted', according to a survey commissioned by a turbocharger manufacturer.
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The Obama administration has said it will impose duties of 35% in the first year on Chinese passenger and light truck tyres, provoking an angry response from the Chinese government.
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BMW would beat its targets for reducing expenses by 2012 and new models would give a "major boost" to sales, chief executive office Norbert Reithofer has said.
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Toyota Motor has said it would stick with nickel as the preferred battery material following three years of secret tests on Prius hybrids equipped with lithium ion packs.
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An Opel trustee fears that hundreds of millions of euros in German state aid intended for Opel is earmarked for operations in Russia.
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The Luton van plant is at serious risk of closure in the wake of GM's forced sale of Opel/Vauxhall to Magna and its Russian finance partners, writes Mark Bursa
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Brawn secure dominant one-two at Monza, while Jenson Button retains his championship lead.
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Renault could sell 35,000 electric cars in Israel from 2011, the head of US electric mobility group Better Place, Shai Agassi, told the Frankfurter Allgemeine Zeitung.
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