Global News
TRW CEO sees 'tough year' for Europe
March 19 06:01 CET
TRW CEO John Plant hopes that a slight shift in Europe toward larger cars after scrappage incentive programs end may help auto suppliers overcome what is expected to be a lean overall autos sales year. "It's going to be a tough year in Europe," Plant said.... Read More » Comments [0] | Recommendations [0]
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Volvo sale deal hits snag, Geely chairman tells paper
March 19 06:01 CET
Zhejiang Geely Holding Group Chairman Li Shufu indicated talks to buy Ford's Volvo car unit had hit a snag due to problems at Ford Motor Co. "If the deal fails, the problem is not on our side. We have not violated any part of the agreement," he said, without specifying what the problems were.... Read More »
Mitsubishi boss defends decision not to deepen PSA ties
March 19 12:46 CET
Mitsubishi Motors Corp. President Osamu Masuko challenged widespread views that a strategic partnership is necessary for its survival. Mitsubishi's stock fell this month after the Japanese automaker's said it won't form a capital alliance with PSA.... Read More »
- Jerry York, who tried to marry GM and Renault-Nissan, dies at 71 | March 19 06:01 CET | UPDATED:
- Valeo to sell non-core assets in France, UK, U.S. and China | March 19 10:16 CET
- McLaren unveils supercar to take on Ferrari | March 19 06:01 CET
- Kia plans Slovak engine plant | March 18 15:16 CET
- Nissan will build the Leaf electric car in UK | March 18 06:01 CET | UPDATED: March 18 11:33 CET
- UK car production shows further rise in February | March 18 12:46 CET
- Volkswagen creates R division for sporty cars | Mar 18
- Plastic Omnium sees slight sales rise after return to profit | Mar 18
- UK to give $551 million state aid to Ford, Nissan for green cars | Mar 18
- China's Geely set for control of London taxi maker | Mar 18
- Auto industry leaders in Russia eye brighter future | Mar 18
- GM mimics BMW's model introduction strategy | March 18
- More
Asia
THE TOYOTA RECALL CRISIS
Akio Toyoda says Japan still holds final say on recalls
11:29 am U.S. ET | March 18
Handing more authority to U.S. bosses is a big theme of Toyota Motor Corp.’s plan to overhaul operations and prevent a repeat of the quality crisis now battering the carmaker. But when it comes to recalls, President Akio Toyoda says the final say still rests in Japan.... Read More »
China
Volvo sale deal hits snag, Geely chairman tells paper
12:01 am U.S. ET | March 19
Zhejiang Geely Holding Group Chairman Li Shufu indicated talks to buy Ford's Volvo car unit had hit a snag due to problems at Ford Motor Co. "If the deal fails, the problem is not on our side. We have not violated any part of the agreement," he said, without specifying what the problems were.... Read More »
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U.S. sales surging
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U.S. sales surging
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