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Toyota May Leave Global Output Unchanged in 2013
12/18/2012Toyota Motor Co. expects to build 9.90 million vehicles worldwide next year compared with an estimated record-high 9.89 units in 2012, The Nikkei reports without citing its sources.
Toyota May Not Increase Global Output in 2013
12/18/2012Toyota Motor Co. expects to build 9.90 million vehicles worldwide next year compared with an estimated record-high 9.89 units in 2012, The Nikkei reports without citing its sources.
Renault Plans Factory in Algeria
12/18/2012Renault SA expects to sign an agreement with Algerian officials next week that will enable the company to construct an assembly plant near Oran, Algeria.
Schaeffler to Build First Plant in Russia
12/18/2012Germany's Schaeffler Group has won approval to erect a 2 billion-ruble (€49 million) factory in the eastern city of Ulyanovsk, Russia.
France Adds Former EADS Chief to PSA Board
12/18/2012PSA Peugeot Citroen has approved Louis Gallois, former CEO of European Aeronautic, Defence & Space Co., as the French government's representative on its board.
This Diesel Fuel Injector Has Sense
12/18/2012Denso Corp. has unveiled a diesel fuel injector equipped with a sensor to improve performance.
GM Brazil President Named Global Purchasing Chief
12/18/2012General Motors Co. has appointed Grace Lieblein, president of GM do Brasil, as vice president for global purchasing and supply chain, effective immediately.
Toyota Hit with $17 Million Fine for Slow Recall
12/18/2012Toyota Motor Corp. has been fined $17 million by the National Highway Traffic Safety Administration for failing to quickly report that floor mats in some of its vehicles could jam the accelerator pedal.
Russian Bank to Provide Loan to AvtoVAZ
12/18/2012Russia's Vnesheconombank has agreed to make an eight-year, 60 billion-ruble (€1.5 billion) loan to the country's largest automaker, OAO AvtoVAZ, Interfax News Agency reports.
Mercedes Combines Chinese Distribution Units
12/17/2012Daimler AG's Mercedes-Benz Cars unit has merged its two sales networks in China in an effort to better coordinate its operations in the country.