After five months of 2010 and almost two years of a steady COP vs USD exchange rate, the Colombian automotive market in 2010 grew 18.7% to the end of May.
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Opel may return to profitability in 2011 and will work to win back the image that has been tarnished by months of uncertainty, CEO Nick Reilly said. Speaking at the Automotive News Europe Congress, Reilly said a profit for General Motor Co.'
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Mazda Motor Corporation is celebrating its 90th anniversary this year, following nine successful decades in which Mazda's innovative spirit and willingness to try new things, has led to the creation of some remarkable automotive technologies benefitting millions of motorists. One of Mazda's most popular innovations has been the incredibly smooth rotary engine that in its latest 'RENESIS' form, generating 231ps, that powered the unique four-door coupe Mazda RX-8 sportscar.
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Fawer Visteon Climate Control System (FVCC), a joint venture between Visteon Corporation and Fawer Automotive Component, has moved and expanded its manufacturing operation in Changchun, China, which supplies vehicle manufacturers in China and abroad.
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Officials at Hindustan Motors have denied reports in the Indian media that the company was in talks to sell a stake to a foreign automotive producer.
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Shanghai Automotive has opened its MG Longbridge design center near Birmingham, England, in a step toward expanding the British marque in Europe and China. SAIC spent 3 million pounds ($4.4 million) on the studio, plus 1.
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New vehicle sales in Malaysia rose by 15.6% year-on-year in May to 50,845 units, from 43,985 units, according to data published by the Malaysian Automotive Association (MAA).
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Veloce Publishing has been providing books of the highest quality in terms of content, accuracy, presentation, subject range and reader satisfaction to discerning automotive enthusiasts around the world for nearly twenty years. Now, the same level of quality can be found in the form of an App on your iPhone or iPod.
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France's Plastic Omnium formed Inergy as a 50-50 joint venture with Solvay SA of Brussels in 2000. The companies say they expect to finalize an agreement for Plastic Omnium to buy Solvay's shares within the next few months.
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Plastic Omnium has put forward a bid to acquire international chemical and pharmaceutical group Solvay's 50% stake in Inergy Automotive Systems
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Last year, Chrysler Group was the first automotive company to replace traditional, bulky owner manuals with DVDs and user guides. This year, the company is introducing the industry's first smartphone vehicle-information application. Information that used to be stuffed into the glove box will now be at your fingertips.
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Automotive supplier Visteon Corp. today won bankruptcy court approval for a plan to sell stock to bondholders to finance its exit from Chapter 11.
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The arrival of Chinese brands in Brazil has been rather slow, although watched with interest due to the size and industrial strength of the world's most populous country. China is experiencing explosive growth in its automotive sector and, in 2009 produced 14m vehicles, a total no other country has ever reached in one year. Smaller automakers started slowly here three years ago as Chana, Change, Hafei and Jinbei looked first for opportunities in the light commercial segment.
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Belgium's Solvay is selling its 50 percent stake in fuel tank supplier Inergy Automotive Systems to Plastic Omnium. Inergy Automotive is the world's biggest supplier of plastic fuel tank systems and generated revenue $1.1 billion in 2009.
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Five automotive parts suppliers were honored today for game-changing innovations that contribute to environmental sustainability and/or solve environmental problems.
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The current generation of Subaru Outback was an instant hit with both consumers and critics, winning a diverse range of accolades including Canadian Utility Vehicle of the Year from the Automobile Journalists Association of Canada, Best New Wagon and Best-in-Class honours from Kiplinger's Personal Finance, a Best Retained Value award from Canadian Black Book in the mid-size category, and the Interior of the Year award (popular-priced car under $29K) from Ward's Automotive Group.
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Five automotive parts suppliers were honored today for game-changing innovations that contribute to environmental sustainability and/or solve environmental problems.
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The importance of DC electric motors in the automotive industry continues to grow, writes Matthew Beecham. The driving force behind market growth is motorists' insatiable demand for safety, comfort, economy, a clean environment and overall quality of driving.
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