Headlines for Tuesday, November 13, 2012
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Opel labor leader says no Ford-style overhaul imminent at automaker
Wolfgang Schaefer-Klug, Opel's top labor leader, says he aims to reach a deal on German jobs with the company's management before Christmas and says Ford's decision to close three factories and cull 5,700 jobs in Europe will not serve as a blueprint for General Motors' European unit. Read More »
IAC opens interior parts plant in Romania
International Automotive Components Group has opened a plant in Romania to produce interior components. Read More »
VW brand sales rise 16.3% in October
Volkswagen said on Tuesday that global sales of its core brand jumped 16.3 percent in October to 501,300 vehicles, the second-largest gain of the past eight months. Read More »
TRW wins contracts to produce electric parking brake
TRW Automotive Holdings Corp. says it has contracts to produce its electric parking brake and its electronic stability control system. Read More »
Audi will pursue new design strategy
Audi says it intends to pursue a new design strategy that will differentiate more between model lines, allow a greater integration of technical features and give emphasis to creating individual styling that pairs the exterior and interior of a vehicle. Read More »
Infiniti exec Loire will head Nissan in Italy
Infiniti executive Bernard Loire is moving to Italy to head Nissan's operations in the country. Read More »
Alfa Romeo's last chance
Alfa Romeo has been a never-ending headache for Fiat CEO Sergio Marchionne. After seven years and two relaunches, Fiat's sports car subsidiary remains a Rubik's Cube that the workaholic CEO just can't seem to solve. Read More »
