Headlines for Thursday, November 22, 2012
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PSA and the French government's 'socialist' agenda
The French government's influence over PSA should remain limited despite Paris getting a spot on the automaker's top-level board. PSA provided the board seat in exchange for a 7 billion euro loan from the government to bail out its car-loans arm. Read More »
MG aims to copy Kia to rise again in Europe
Despite numerous stumbles, Chinese-owned British brand MG Motor aims to match Kia's quick rise in Europe by also focusing on design. “In terms of product and competitiveness I'd say we're not very far away [from Kia] already,” MG vice director of design Martin Uhlarik said. Read More »
Carmakers, suppliers see great potential for growth in North Africa
Automakers and suppliers are finding big opportunities in North Africa, where new-car sales are forecast to rise more than 40 percent by 2016 and where low labor costs make producing vehicles and components cheaper than in western Europe and even parts of eastern Europe. Read More »
Suppliers push head-up displays as safety gear
Head-up displays are getting a fresh look as safety-alert devices. Suppliers such as Denso, Nippon Seiki, Continental and Delphi Automotive are developing head-up displays that project larger, brighter and more detailed images onto the windshield. Read More »
Gasoline engines poised to gain share in Europe
Despite all the hoopla over electric cars and fuel cells, gasoline-powered vehicles will be the key powertrain for automakers that must meet the European Union's tough emission standards. Read More »
