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Magna Win Bid for Opel PDF Print E-mail
Tuesday, 15 September 2009
General Motors' board of directors announced last week they will sell a majority stake in their Opel/Vauxhall operations to Canadian parts supplier Magna International and their Russian partner Sberbank.
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China Set for Record Car Production PDF Print E-mail
Tuesday, 15 September 2009
China will produce a record 12 million vehicles this year, according to a forecast by the National Development and Reform Commission, China's top economic planning agency.
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W. Europe Car Market Up 7% PDF Print E-mail
Tuesday, 15 September 2009
Car sales in Western Europe grew by 7% in August according to data released by JD Power. The German car market was up by 28% in August; with cumulative car sales in the first eight months up by 26%
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Yann Vincent left Renault PDF Print E-mail
Tuesday, 08 September 2009
Yann Vincent, a former top executive with Renault and AvtoVAZ, will join the French railway equipment maker Alstom Transport, effective Sept. 1.
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VW plan to reduce outsourcing PDF Print E-mail
Tuesday, 08 September 2009
VW plan to manufacture more car parts itself rather than buying from outside suppliers as part of a bid to boost productivity, Jochem Heizmann, the carmaker's head of production told a German daily newspaper.
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Auto sales in Japan climbed for first time in 13 months in August PDF Print E-mail
Tuesday, 08 September 2009
Japan's domestic auto sales rose for the first time in 13 months in August, as government purchasing incentives boosted demand for fuel-efficient vehicles, an industry body said Tuesday.
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Chery Eyes International Markets PDF Print E-mail
Tuesday, 01 September 2009
Chinese automaker Chery Automobile Co are eager to speed up their global network expansion after stabilizing their foothold in the domestic market.
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JDPower: US sales may top 11.5 million cars PDF Print E-mail
Tuesday, 01 September 2009
U.S. autos sales may rise nearly 15%t to 11.5 million units next year, an industry forecaster predicts.
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Global Shift for Auto Industry PDF Print E-mail
Tuesday, 01 September 2009
The global automotive industry is facing a “huge upheaval” as part of the shift in production and sales to emerging markets, according to international consultants Arthur D Little.
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VW Recall 16k Cars in U.S., Toyota 700k in China PDF Print E-mail
Tuesday, 01 September 2009
VW have issued a recall for 16,000 vehicles manufactured in the last 12 months, according to the U.S. National Highway Traffic Safety Administration.
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GM, Koenigsegg Agree on Saab PDF Print E-mail
Tuesday, 25 August 2009
General Motors reached a deal last week to sell Saab to Koenigsegg Group AB.

The companies signed a stock purchase agreement that would give the group 100% of Saab's shares, GM Europe said in a statement.
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