Opel/Vauxhall's new Cascada convertible will be priced 10,000 euros lower than potential rivals when it goes on sale in April as the money-losing brand seeks to attract buyers looking for a cheaper alternative to premium convertibles.
Renault said its workers in France need to make concessions on pay and conditions to safeguard the future of domestic plants but denied a union leader's claim that it plans to shutter two French factories.
General Motors said it may close a German factory at its Opel subsidiary earlier than proposed adding restructuring talks with unions must be wrapped up by February, as the U.S. carmaker seeks deep cuts to save its ailing brand.
Russian car sales will likely rise by 5 percent in 2013 to around 2.9 million, PricewaterhouseCoopers said on Tuesday. The figure represents a slowdown from the previous year but is in stark contrast to recession-bound Europe where car sales slid to a 17-year low.