PSA Puts Factory in India on Hold
9/19/2012PSA Peugeot Citroen has suspended plans to build a €650 million ($853 million) manufacturing complex in India's western state of Gujarat because of the company's financial woes, CarTrade.com reports.
PSA Puts Construction of India Plant on Hold
9/19/2012PSA Peugeot Citroen has suspended plans to build a €650 million manufacturing complex in India's western state of Gujarat because of the company's financial woes, CarTrade.com reports.
Visteon to Offer Lump Sums to Retirees
9/19/2012Visteon Corp. will offer a lump-sum pension buyout to some participants in its U.S. defined-benefits plan in a bid to shrink the liabilities on its balance sheet.
Marchionne: Fiat Won’t Abandon Italy
9/19/2012CEO Sergio Marchionne insists Fiat SpA has no plans to close any of its six plants in Italy despite company losses in Europe he estimates will reach €700 million this year.
Opel to End Night Shift at Eisenach Factory
9/19/2012General Motors Co.'s Opel unit says it will eliminate one of three shifts at its assembly plant in Eisenach, Germany, because of slowing sales.
Opel to End Night Shift at Eisenach Factory
9/19/2012General Motors Co.'s Opel unit says it will eliminate one of three shifts at its assembly plant in Eisenach, Germany, because of declining sales.
McLaren to Unveil P1 Supercar
9/19/2012McLaren Automotive will present its latest supercar, the P1, as a design study at the Paris auto show next week.
Marchionne: Fiat Won’t Abandon Italy
9/19/2012CEO Sergio Marchionne insists Fiat SpA has no plans to close any of its six plants in Italy despite company losses in Europe he estimates will reach €700 million this year.
NHTSA Expands Hyundai Elantra Side Airbag Probe
9/19/2012U.S. safety officials have expanded a probe into a possible defect in the driver's side-airbag system of Hyundai Elantra sedans that were made in South Korea.
CAW Cites Progress in Talks with GM
9/19/2012Contract negotiations between the Canadian Auto Workers and General Motors Co. have made "significant" progress, according to the union.