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Asian Carmakers Could Set N. America Output Records
9/12/2012North American light vehicle production this year won't come close to the record 17.2 million units built in 2000.
VW Expects to Boost Sales 9% in China Next Year
9/12/2012Volkswagen AG, which predicts its group sales in China will climb 10% to 2.49 million units this year, anticipates a gain of at least 9% there in 2013, says Bloomberg News.
VW: Group Sales in China Will Grow 9% or More in 2013
9/12/2012Volkswagen AG, which expects its sales in China to climb 10% to 2.49 million units in 2012, predicts a gain of at least 9% there next year, says Bloomberg News.
Nearly 15% of Renault Samsung Workers Opt for Buyout
9/12/2012Renault SA's South Korean unit says about 800 of its 5,500 workers have accepted the company's early retirement offer and will leave the company by Friday.
Eight Carmakers Poised to Set N. America Output Records
9/12/2012North American light vehicle production this year won't come close to the record 17.2 million units built in 2000.
U.S. Trade Gap Widens As Auto Imports Hit Record
9/12/2012America's trade deficit inched up to $42 billion in July from a revised $41.9 billion in June, the first increase in four months, the Dept. of Commerce says.
At Last: A “Green” Hummer!
9/12/2012A British coachbuilder is introducing an electric Hummer-inspired two-seater with a 60-mile range and a top speed of 40 mph.
French Government: PSA Needs to Close Plant
9/12/2012PSA Peugeot Citroen's need to restructure and cut jobs is "sadly not contestable," says a report commissioned by the French government, which concludes that shuttering the company's assembly plant in Aulnay, France, is "inevitable." The findings are an about-face for the government.
European Group Develops Tiny Radar on a Chip
9/11/2012A consortium in Europe has developed a thumbtack-size 122-GHz radar system on a chip that can be used for vehicle parking, distance and speed measurement applications.
Former Mazda Chief May Become Ford CEO in 2014
9/11/2012Ford Motor Co.'s board of directors is likely to promote Mark Fields, president of its America's unit, to chief operating officer when it meets on Thursday, Bloomberg News reports, citing an unidentified source.