NEWS

Engineer to Head Global Purchasing at Ford

7/15/2013

Ford Motor Co. has chosen Hau Thai-Tang to become group vice president for global purchasing on Aug. 1.

India’s Carmakers Seek Federal Aid After 9% Sales Drop

7/15/2013

The Society of Indian Automobile Manufacturers says it will ask for a government stimulus plan to counter the country's worst slide in auto sales in at least 16 years.

India’s Carmakers Seek Federal Aid After 9% Sales Drop

7/15/2013

The Society of Indian Automobile Manufacturers says it will ask for a government stimulus plan to counter the country's worst slide in auto sales in at least 16 years.

Ford Names New Global Purchasing Chief

7/15/2013

Hau Thai-Tang, will become Ford Motor Co.'s group vice president for global purchasing on Aug. 1.

Chinese Economic Growth Continues to Decelerate

7/15/2013

China's gross domestic product expanded 7.5% in the April-June quarter from a year earlier, according to the country's National Bureau of Statistics.

Mercedes Unlikely to Win U.S. Luxury Crown This Year

7/15/2013

Daimler AG's Mercedes-Benz brand probably won't surpass BMW in the U.S. luxury car sales race this year, Daimler CEO Dieter Zetsche tells reporters.

PSA Proposes Buyouts in France

7/15/2013

PSA Peugeot Citroen has offered early retirement packages for its hourly workers in France as it seeks to boost productivity, according to Bloomberg News.

Daimler Profits Revive

7/15/2013

Daimler AG more than doubled its earnings before interest and taxes to €5.2 billion in the second quarter of 2013 compared with the same period last year, according to the company's preliminary report.

GM Insists It Won’t Invest More in PSA

7/15/2013

France's Finance Ministry confirms that it is seeking an outside advisor to monitor ailing carmaker PSA Peugeot Citroen because the government has guaranteed loans to the company's finance arm.

France to Hire Advisor to Monitor PSA

7/15/2013

France's Finance Ministry confirms that it is seeking an outside advisor to monitor ailing carmaker PSA Peugeot Citroen because the government has guaranteed loans to the company's finance arm.