NEWS

Auto Executives Paint Gloomy European Outlook

3/6/2013

Most of the auto industry executives gathered for press preview days at the Geneva auto show don't expect Europe's car market to improve any time soon.

Tata Offers Car Buyback Plan in India

3/6/2013

Tata Motors Ltd. is fighting India's sluggish car sales with price cuts and a buyback guarantee on its Manza Club Class sedans.

FAW Asks China to Restrict Overseas Carmakers

3/5/2013

FAW Group Corp. is urging the Chinese government to order foreign-based carmakers to do more to foster local brands, Bloomberg News reports.

BMW to Decide Soon on Russia Production

3/5/2013

CEO Norbert Reithofer tell The Wall Street Journal that BMW AG may decide within the next few months whether to begin building vehicles from scratch in Russia.

New CEO Vows to Fix Opel

3/5/2013

New Opel CEO Karl-Thomas Neumann says one reason he took the job was the commitment of parent General Motors Co. to spend billions of dollars to turn Opel around.

New CEO Upbeat About Changing Opel

3/5/2013

New Opel CEO Karl-Thomas Neumann says one reason he took the job was the commitment of parent General Motors Co. to spend billions of dollars to turn Opel around.

Russia Could Be Europe’s Biggest Car Market This Year

3/5/2013

Toyota Motor Corp. says a modest gain in Russia's auto sales in 2013 will vault the country past Germany to become the top-selling country in Europe, Automotive News reports.

Russia Could Be Europe’s Biggest Car Market This Year

3/5/2013

Toyota Motor Corp. says a modest gain in Russia's auto sales in 2013 will vault the country past Germany to become the top-selling country in Europe, Automotive News reports.

Jaguar Expands Capacity of Future U.K. Engine Plant

3/5/2013

Tata Motors Ltd.'s Jaguar Land Rover unit says it will invest an additional 150 million (€174 million) to double the size of a factory in Wolverhampton, England, that is scheduled to begin building engines in 2015.

Ferrari Hybrid Is the Brand’s Fastest Car Ever

3/5/2013

Ferrari SpA's new LaFerrari is the company's first hybrid and its fastest and its costliest supercar ever.