TRW Automotive Holdings Corp. is planning to sell 7.5 million shares of its common stock in a secondary public stock offering on the New York Stock Exchange.
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Worldwide deliveries by the Volkswagen Group for the first eight months of the year rose 13.4% to 4.7m vehicles, outperforming the global automotive market for both the month and year to date, it said.
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Group 1 Automotive Inc. has extended CEO Earl Hesterberg's contract through Dec. 31, 2015, and raised his base salary 10 percent. Under a new employment agreement effective Sept.
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Group 1 Automotive extended president and CEO Earl Hesterberg's employment contract through Dec. 31, 2015, and raised the chief executive's base salary 10 percent. Under a new employment agreement effective Sept.
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Group 1 Automotive extended president and CEO Earl Hesterberg's employment contract through Dec. 31, 2015, and raised the chief executive's base salary 10 percent. Under a new employment agreement effective Sept.
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Plastic Omnium has secured approval from European competition authorities to acquire international chemical and pharmaceutical group Solvay's 50% stake in Inergy Automotive Systems.
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Paints and coatings company AkzoNobel says its intention to acquire Changzhou Prime Automotive Paint will aid its target of target of doubling China revenue to US$3bn by 2015.
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Indian tyremaker Ruia Group is in talks with an automotive component company in Germany and will route the transaction through the listed group firm Falcon Tyres, a local report said.
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Visteon Corporation has opened an automotive interiors manufacturing facility in Kaluga, one of Russia's main centres for automotive production, approximately 180km (112 miles) southwest of Moscow.
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Logistics is a term that embraces a number of different elements, including the physical transportation or materials and parts, supply-chain process control, inventory management and quality control. The elongated supply chains that characterise the auto industry and the cost pressures on automakers and suppliers have left the auto industry at the forefront of developments in the field of logistics. We consider some of the issues that are changing the automotive supply-chain and the broader role of automotive logistics.
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Logistics is a term that embraces a number of different elements, including the physical transportation or materials and parts, supply-chain process control, inventory management and quality control. The elongated supply chains that characterise the auto industry and the cost pressures on automakers and suppliers have left the auto industry at the forefront of developments in the field of logistics. We consider some of the issues that are changing the automotive supply-chain and the broader role of automotive logistics.
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Shanghai Automotive Industry Corp. will launch a diesel-powered version of its Roewe 550 sedan in Europe in late 2011 or 2012, Gao Weimin, head of SAIC's technology center, said.
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Fiat will hire Toyota Europe's Andrea Formica to head sales at its struggling four-brand automotive group, sources familiar with the matter told Automotive News Europe.
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Fiat will hire Toyota Europe's Andrea Formica to head sales at its struggling four-brand automotive group, sources familiar with the matter told Automotive News Europe.
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Negotiations to halt the automotive component strike in South Africa could continue late into tonight (6 September) as both sides strive to reach a settlement.
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Trelleborg Automotive has opened a new manufacturing facility in Zavolzhye, near Nizhny Novgorod, Russia. The new facility, which will make anti-vibration products, is the company's first production facility in Russia and has been opened to meet increasing demand from local customers.
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Honolulu - CODA Automotive, a privately held American company that designs, manufactures and sells all-electric vehicles and battery systems for transportation and utility related applications, today announced its intent to distribute the CODA Sedan to consumer and fleet customers in Hawai'i in the third quarter of 2011.
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Official VFACTS data released by the Federal Chamber of Automotive Industries (FCAI) showed that 82,122 passenger cars, SUVs and commercial vehicles were sold in August, up 12.1% (or 8,835 vehicles) year on year.
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German automotive parts supplier Preh GmbH plans to set up a manufacturing joint venture in the east China city of Ningbo with local partsmaker Joyson Automotive Electronic Holding Co.
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