Headlines for Tuesday, May 21, 2013

Italy's Magneti Marelli expands production of lighting components in China

Italian supplier Magneti Marelli has opened a plant in the southern China city of Foshan to produce rear lights, headlamps and other lighting components. The company aims to secure a 10 percent share of China's lighting market in the midterm. Read More »

Dongfeng-PSA sales rise 37% in April on new models

PSA's China joint venture with Dongfeng Motor Corp. said it increased sales 37 percent last month to 45,303 units helped by strong demand for its stretched Citroen C4 and Peugeot 3008 models. Read More »

Automotive News Europe salutes Nick Collins

Automotive News Europe salutes the winners of the 2013 Rising Stars awards. Every day until June 12 one of the 18 winners will be featured. Today's Rising Star is Nick Collins, Ford of Europe's global vehicle line director for the B segment. Read More »

Hyundai, Kia losing ground to luxury imports at home as tariffs fall

Foreign brands have seen their share of South Korea's market for premium vehicles surge to 41 percent from 28 percent in the past two years, according to Korean industry groups, as lower tariffs make their cars cheaper and local buyers abandon a decades-long preference for domestic brands. Read More »