Renault has revealed competitive pricing for its new Scenic model line that it hopes will help the automaker reclaim leadership in Europe's tough compact minivan segment. "We want the Scenic to be No.
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British dealer group Inchcape wants to raise £232 million (247 million euros) by issuing new shares after its profits fell last year.
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MILAN (Reuters) -- Italy's Fiat SpA denied today that it would assume any current or future debt from Chrysler LLC.
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Nissan has confirmed that its planned THB5.5bn ($US155m) eco-car programme in Thailand remains on track despite the deepening crisis that is consuming the global car industry.
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Renault today said it will increase Clio and Twingo production to meet rising demand in France, where the models are benefiting from the country's scrapping bonus.
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Renault today said it will increase Clio and Twingo production after a government scrappage incentive boosted demand for small cars.
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PARIS (Reuters) -- Renault will build an older version of its Clio small car in France, a union official told Reuters.
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UK car production in February fell 59 percent on a year ago as falling demand forced manufacturers to cut output, the Society of Motor Manufacturers and Traders said today.
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Chevrolet's new Cruze sedan will have a starting price of 14,990 euros in Germany when it goes on sale May 16. The Cruze will be positioned as a value model under the Astra, which is sold by Chevrolet's sister brands Opel and Vauxhall.
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UK car production plunged 59% to 59,777 units last month with year to date (YTD) output off 58.8% to 121,181 units, according to the Society of Motor Manufacturers and Traders (SMMT).
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A new study commissioned by the US-based Aluminum Association, showed that North American use of automotive aluminium is at an all-time high, averaging 8.6% of vehicle curb weight in 2009 calendar year vehicles, up from just 2% in 1970 and 5.1% in 1990.
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Labor leaders at troubled German carmaker Opel would oppose a takeover by an investor who was only interested in getting its hands on the company's technical expertise, works council boss Klaus Franz said.
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Fewer new car shoppers are considering vehicles from General Motors and Chrysler LLC at a time when consumer attention is focused on their request for further U.S. government aid, according to a survey released today.
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German state development bank KfW Bankengruppe has no plans to take a stake in General Motors' German unit Opel, KfW's CEO Ulrich Schroeder told a trade magazine today.
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Italian brake systems maker Brembo said its board will propose to shareholders a 19.6 percent cut to the dividend after net profit fell 38 percent last year. The board will propose a dividend of 0.
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Fiat S.p.A. is conducting environmental and safety reviews of Chrysler LLC factories this week as part of its plan to take a 35 percent stake in the U.S. automaker, said two people familiar with the effort. Fiat has hired Environ Holdings Inc.
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Many of Formula 1's leading teams are clearly opposed to the voluntary budget cap for 2010, but chief executive Bernie Ecclestone believes the FIA should take the concept even further.
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President Obama has been a busy man. After appearing on the Tonight Show with Jay Leno earlier this week, he's recently visited an electric-vehicle testing facility in southern California to re-highlight his environmental jobs initiative- part of which included a $2.4 billion grant program to make electric transportation more widely available.
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Jonathan Summerton earned the first championship point and prize money of the 2009 Atlantic Championship as his quickest time from Wednesday's provisional qualifying session held up through the final qualifying session yesterday at Sebring.
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Bulgarian officials are said to be close to reaching an agreement with formula one for a grand prix in the southeastern European republic.
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