GUANGZHOU AUTO SHOW
Shanghai Motor plans to build new sedan in UK
SAIC Motor Corp. plans to begin manufacturing its MG 6 sedan in the UK at the end of next year, the company said. SAIC became the owner of MG Rover's plant in Longbridge, England, after a merger with Nanjing Automobile Group in late 2007.
Nov. 23 14:31 CET
GM, Opel workers to discuss restructuring plan on Wednesday
Union representatives hope the future of Opel's 50,000 workers in Europe will become clearer when they meet on Wednesday with General Motors Co.'s interim regional chief Nick Reilly to discuss restructuring plans.
Nov. 23 14:16 CET
GUANGZHOU AUTO SHOW
GM sees China sales growth slowing in 2010 after huge gains this year
General Motors Co. expects its China sales growth to drop dramatically in 2010 as the carmaker nears the end of a year of government stimulus-fueled growth in the fast-growing market, the head of the company's China operations said on Monday.
Nov. 23 06:01 CET
Volvo bidder Geely predicts 2010 growth in China
Changan Ford Mazda 2009 China sales zoom
Spyker will move output to UK
Spyker Cars plans to relocate its vehicle assembly operations to England from the Netherlands to cut costs. The Dutch luxury sports car maker said it will relocate produc ...
GUANGZHOU AUTO SHOW
VW to triple south China sales by 2018; aim is market No. 1 in 2010
Volkswagen AG plans to more than triple its sales in south China by 2018 as a main driver for its strategy to double sales to 2 million units in the country by that time, ...
Buoyant China auto market eager for more stimulus
Germany wants GM to spell out Opel plans
German Finance Minister Wolfgang Schaeuble pressed General Motors Co. on Sunday to shed light on its plans for Opel and said the U.S. automaker has a responsibility for w ...
Ex-Ford director plans Volvo bid, paper says
A group led by a former Ford director will make an offer for Volvo next week, rivaling a bid from China's Geely, a Swedish newspaper reported. Media reports put the bid b ...
CEO says Fiat can't keep all Italy plants open
Fiat may have to close factories in Italy, given sharp falls in auto sales which have changed the sector dramatically, CEO Sergio Marchionne said. Keeping all the factor ...
Putin announces Russia car scrappage scheme
Vladimir Putin said Russia will launch a car scrappage scheme to help jolt the country's economy out of the worst recession in 15 years. ...
Renault mulls offer to run AvtoVAZ, official says
Vladimir Putin offered Renault control of AvtoVAZ, Sergei Chemezov, head of Russian Technologies, said. Renault would "think about it," he said, adding "I think (it could ...
Spain sees no more than 900 job cuts at Opel plant
Spain's industry minister Miguel Sebastian said GM will cut no more jobs at Opel's Zaragoza plant than previously agreed with Magna. He wants GM to make an electric car i ...
VW fills key job in its bid to pass No. 1 Toyota
VW completed its long search for a top sales executive. ...
VW appoints Stadler as board member
VW to open new car plant at Karmann site
Volkswagen to invest 19.9B euros in 2010 to 2012
VW board approves details on Porsche tie-up
Porsche board approves merger contract with VW
The supervisory board of indebted automotive holding Porsche Automobil Holding SE signed off on a contract to merge with its majority-owned, cash-rich subsidiary Volkswag ...
UK subsidy fails to help local car production
The UK's scrappage incentive doesn't appear to be helping the country's domestic car producers as many buyers are using the bonus to buy foreign-made models. While Britis ...
VW to export Polo to UK from South Africa
VW will export right-hand drive models of its new Polo to the UK, Ireland and other global markets from its South African plant. VW plans to almost double South African c ...
Geely says it will keep Volvo production in Europe
Geely has told unions that it will keep Volvo production in Europe if it buys the Swedish carmaker. Union leaders at the Ford Motor Co. ...
Former Fiat exec will revive De Tomaso brand
Italian businessman Gian Mario Rossignolo plans to revive the De Tomaso sportscar brand. The former Fiat executive aims to build 8,000 De Tomaso cars a year in a former P ...
Volkswagen seeks to steer clear of job cuts
VW raised hopes that the 90,000 workers in its high-wage western German plants could extend their job guarantees a further three years until 2014. VW wants to be able to ...
Ricardo sees lower H1 trading; strong H2 orders
Ricardo said it still anticipates lower H1 trading, but expected a strong order book to help it return to normal levels in H2. Ricardo expects increased orders in the new ...