Headlines for Friday, October 26, 2012
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Continental develops camera-based collision-prevention system for Mercedes
Continental will begin production of an automatic-braking and pedestrian-detection system for Mercedes early next year. The system will be the first unit offered by a major automaker in Europe to use a stereo camera to detect and prevent impacts with pedestrians and other obstacles on the road. Read More »
Mercedes explores new niche with CLS Shooting Brake
Mercedes expects demand for four-door luxury cars with coupe styling will grow in the coming years and the brand is aiming for a larger share of the niche with the introduction of the CLS Shooting Brake. Read More »
Dongfeng, Getrag to form transmission JV
German transmission manufacturer Getrag will establish a joint venture in China with Dongfeng Motor Corp. to supply the state-owned Chinese automaker. Read More »
Bosch opens new r&d center, factory in southeastern China
Robert Bosch is opening an r&d center and factory in Changsha, southeastern China, to produce starter motors, generators, thermal systems and wipers. Read More »
Renault turns to India for relief from Europe slump
Renault's product offensive in India has grown to five cars in the last 18 months as the automaker looks for ways to compensate for falling sales in Europe. Read More »
Ford, Renault warn on French state aid to PSA
Ford and Renault have joined Volkswagen's key stakeholder, Lower Saxony, in voicing concern about a French government rescue deal for PSA/Peugeot-Citroen. Read More »
Citroen launches service that helps customers rent their cars
Citroen is offering a new variation of car-sharing that it hopes will improve the brand's recognition among younger buyers and boost new-car sales. The French company's Multicity program enables Citroen owners to rent their vehicles to other people. Read More »
VW's new China chief sees vast growth potential
Despite slowing demand in China's automotive market, Jochem Heizmann, the new chief of Volkswagen China, expects industry sales to grow 7 to 8 percent annually. Read More »
