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3Q Results Analysis PDF Print E-mail
Monday, 23 November 2009
Suppliers continue to see large falls in sales from the previous year, but certain suppliers start to reap the benefits of restructuring.
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ACEA: Passenger Car Sales Up 11% PDF Print E-mail
Monday, 23 November 2009
European passenger car sales rose 11% in October, with a marked contrast between Western European markets, which grew strongly, and Eastern European markets which tumbled, industry association ACEA said on Monday.
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Shanghai GM’s First Own-Brand Car PDF Print E-mail
Monday, 23 November 2009
Shanghai GM’s General Manager Ding Lei says after 4 years' R&D, the new Chevrolet Sail is ready to be launched as the local operation’s first own-brand vehicle.
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Suppliers Have Overcapacity: PSA PDF Print E-mail
Monday, 16 November 2009
PSA Peugeot Citroën's head of purchasing says the company’s supplier network in France is burdened with 40% too much industrial capacity. Jean-Christophe Quemard told Reuters around half of the supplier overcapacity in France
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Supplier Consolidation Foreseen in ‘10 PDF Print E-mail
Monday, 16 November 2009
The auto supplier industry will see a wave of consolidations next year as federal bailouts for automakers and a recent uptick in sales provided only a temporary reprieve and simply postponed the inevitable, several executives told Reuters this week.
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Chrysler Purchasing Makeover PDF Print E-mail
Monday, 16 November 2009
Daniel Knott, Chrysler’s new purchasing chief, has set forth an aggressive plan for reducing purchasing costs through synergies with Fiat as the U.S. company unveiled their 5-year plan last week in Auburn Hills, Mich.
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VW-Porsche: World's Largest Automaker PDF Print E-mail
Monday, 16 November 2009
Volkswagen-Porsche have overtaken Toyota to become the world's largest car manufacturer as the German group benefits from state-backed stimulus packages around the globe.
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China Wants 10% World Auto, Parts Sales by ‘20 PDF Print E-mail
Monday, 16 November 2009
Total vehicle sales reached 1.23m units in October, up 72% from a year earlier and Rao Da, secretary-general of China Passenger Car Association says he expects full-year automobile sales to touch 13.5m with a year-on-year growth rate of 44%.
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Car Sales Up in Spain, France, Italy, UK PDF Print E-mail
Monday, 09 November 2009
New-car sales in Spain, France, Italy and UK rose sharply in October, helped by government subsidies for car buyers.
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Japan: H1 Production at 34-Year Low PDF Print E-mail
Monday, 09 November 2009
Japanese production of cars, trucks and buses from April to September plunged 33% year on year to 3.85 million units, a 34 year low, an industry body said Thursday.
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GM Shifts Opel Into Reverse PDF Print E-mail
Monday, 09 November 2009
General Motors have decided to keep Opel, undoing months of painstaking negotiations to sell the European unit to a Russian-backed group led by Magna International Inc. of Canada.
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