Indian car market leader Maruti Suzuki set domestic and total sales records last month while volume at utility vehicle and tractor specialist Mahindra & Mahindra fell 21%.
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Chery Automobile will spend up to US$500m in Argentina over the next four years for a local plant under a planned joint venture with Argentina's Socma Group.
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Hyundai Motor parts unit Hyundai Mobis more than doubled fourth quarter net profit compared to a year previously.
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Ford on Monday said it would sell its Bordeaux automatic transmission plant but stressed there would be no change in employment levels, production of automatic transmissions for Ford continues until 2011 and six new projects were planned for the facility, "including one in renewable energy".
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Mitsubishi Motors North America has confirmed that it will be rolling out its five-door Lancer Sportback in the US this summer for the 2010 model year.
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Mitsubishi Motors North America has confirmed that it will be rolling out its five-door Lancer Sportback in the US this summer for the 2010 model year.
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Renault-Nissan reportedly wants a third partner to participate in its 400,000 units-a-year JV factory in Chennai.
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BMW has denied a media report it is considering an alliance with PSA Peugeot Citroen.
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German engineering company Edscha has filed for insolvency, a company spokeswoman said Monday. Edscha makes convertible roofs, hinge systems and driver controls for most major carmakers. It is owned by U.S. private equity company Carlyle Group.
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German engineering company Edscha has filed for bankruptcy, a company spokeswoman said Monday. Edscha makes convertible roofs, hinge systems and driver controls for most major carmakers. It is owned by U.S. private equity company Carlyle Group.
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Toyota Motor Europe (TME) has named Masato Katsumata senior vice-president of research & development (R&D), effective from 1 February.
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BMW will not take part in this year's Auto Mobil International (AMI) exhibition in Leipzig as part of a cost savings project, according to a German newspaper.
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Renault's Turkish JV, Oyak Renault, is to halt production between Feb. 2-10 due to lower orders.
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German supplier Schaeffler Group has again asked for state aid after calls for help appear to have been thwarted over the weekend. Schaeffler is grappling with billions of euros in debt amassed through its acquisition of a 49.
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Citroen will revive its legendary DS badge for a new range of near-premium models, industry sources here said. The French brand will unveil plans for the new DS range on Wednesday Feb. 5 when the carmaker launches a global rebranding campaign.
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The gloom in Spain continues. Spanish trade association ANFAC has said that car sales fell by 41.6% year-on-year in January, continuing the low sales trend of late last year.
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With steely stares and clenched hands, the drivers peer from their crash helmets as the race marshal slowly raises the green flag. Then the flag drops.
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Toyota Priuses with plug-in hybrid technology are averaging 65 mpg in combined gasoline and electric-mode testing.
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Scion plans to expand its model line from three vehicles to four.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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