Headlines for Wednesday, November 21, 2012

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GM agrees to buy Ally's European auto-finance business

Nov. 21, 2012 22:59 CET
General Motors agreed to buy the rest of Ally Financial Inc.'s international auto-finance businesses, including operations in Europe, in a deal with proceeds of $4.2 billion.

FROM THE CURRENT ANE PRINT ISSUE

BMW bets fwd architecture will keep it No. 1

Nov. 21, 2012 06:01 CET
The battle for the top spot in luxury car sales over the next decade likely will be decided by who wins the largest share of the expanding market for smaller premium cars. Current No.

Renault eyes Tata Nano rival, report says

Nov. 21, 2012 10:06 CET
Renault aims to grow its market share in emerging markets with the launch of two low-cost vehicles, one of which would challenge the Tata Nano in India, a French news Web site reported.

China car market to grow 8% on small-city demand, McKinsey says

Nov. 21, 2012 06:01 CET
China's passenger-vehicle sales will expand by an average 8 percent a year to reach 22 million in 2020, driven by demand for sport-utility vehicles and rising incomes in smaller cities, according to a report from McKinsey & Co.

Valeo expects lift in N. America from new joint venture

Nov. 21, 2012 06:01 CET
French supplier Valeo is poised to become North America's second-largest producer of climate-control systems, breaking a tie with Visteon, now that the company has formed a joint venture to acquire operations producing those systems from Ford.

Toyota unveils pair of precrash safety systems

Nov. 21, 2012 06:01 CET
Toyota is rolling out two precrash safety systems that it says will help prevent high-speed collisions and pedal-misapplication accidents. The technology will debut soon in a high-end Toyota-brand sedan.

 
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Europe recovery continues in March
European car sales increased 11 percent in March, the strongest growth in a year, as the region's im ...
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Western European sales recovery accelerated in March
Western European new-car sales rose nearly 11 percent in March, helped by an increasing willingness ...
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Russian new-car sales fall 43% as economy slides
Russian new-car sales fell 43 percent last month as a weak currency, falling oil prices and Western ...
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UK sales rise 6% in best March this century
British new-car registrations rose by 6 percent in March to 492,774 vehicles, a record for the month ...
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Germany's 9% sales rise a positive sign of Europe's continued rebound
New-car sales in Germany increased 9 percent last month, the VDA industry association said. ...
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France, Italy, Spain sales growth in March encourages European recovery hopes
New-car registrations rose in France, Italy and Spain last month, adding to signs that the European ...
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European February car sales rise as economy bolsters demand
European car-sales rose by 7 percent in February as signs of a strengthening economic expansion in t ...
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Russian car sales fall 38% in February
Russia's new-car sales fell 38 percent to 128,298 vehicle in February as consumers continued to avoi ...
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German car sales rise as Europe rebound continues
New-car sales in Germany rose 3 percent in January, adding to signs that the European rebound is con ...
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Spanish car sales jump 28% for 17th month of growth
New-car sales in Spain rose 28 percent in January, the 17th consecutive month of growth. ...
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Hyundai names new Europe chief
Hyundai said company veteran Hyung Cheong Kim is the new president and CEO of its European operation ...
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Hella says its finance chief will leave
Hella, a German manufacturer of auto headlights and electronics, said its finance chief Wolfgang Oll ...
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Sogefi names former Faurecia exec as new CEO
Italian supplier Sogefi has named Laurent Hebenstreit as its new CEO. ...
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Fiat Chrysler promotes Gilles to global design boss
Fiat Chrysler promoted Ralph Gilles, its chief designer in the U.S., to global head of design. Gille ...
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Hyundai names sales veteran Schmid as No. 2 in Europe
Hyundai has promoted Thomas Schmid to chief operating officer in Europe. ...
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Jaguar Land Rover names new global engineering chief
Jaguar Land Rover named company veteran Nick Rogers as its new engineering director to succeed Wolfg ...
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Former GM Europe chief Forster will lead UK taxi builder
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Volvo appoints Europe boss as part of global reorganization
Volvo named Anders Gustafsson as head of Europe, Middle East and Africa, one of three global busines ...
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Renault reinforces quality oversight
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Cadillac Europe will be run by former BMW executive
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Sportier Skoda Fabia keeps its functionality
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Mazda2 gets bigger, lighter and bolder
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Fiat goes global with 500X
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BMW X6 gets sleeker to keep edge on new rivals
BMW successfully created a niche for coupe-styled large premium SUVs with the X6, but the second-gen ...
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Suppliers to the 2015 BMW X6
The 2015 BMW X6 is the second generation of the premium CUV. It is assembled in Spartanburg, S.C., o ...
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Preh teams up with Audi on new TT's high-tech air vents
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Novelis helps make the Jaguar XE lean and green
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Faurecia helps cut CO2 in new Renault Twingo
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