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Jaguar to Add Jobs in U.K.
7/26/2012Tata Motors Ltd.'s Jaguar Land Rover unit plans to add more than 1,100 people to the workforce at its Castle Bromwich assembly plant near Birmingham, England, to help build the next-generation XF and XJ model ranges.
VW Boosts Operating Earnings 3%
7/26/2012Volkswagen AG hiked operating profit to €3.3 billion in the second quarter of this year from to €3.2 billion in the same period of 2011.
Ford to Recall 484,600 Escapes for Acceleration Defect
7/26/2012Ford Motor Co. plans to begin a global recall next month to fix a cruise control cable in 2001-2004 Escape crossovers that could cause the throttle to stick open, thus causing unintended acceleration.
Ford to Recall 484,600 Escape Crossovers
7/26/2012Ford Motor Co. plans to being a global recall next month to fix a cruise control cable in 2001-2004 Escape crossovers that could cause the throttle to stick open, thus causing unintended acceleration.
VW Hikes Operating Profit Slightly
7/26/2012Volkswagen AG boosted operating earnings 3% year over year to €3.3 billion ($4 billion) in the second quarter of 2012.
Commercial Vehicle Sales Sag in Europe
7/26/2012Registrations of new commercial vehicles across Europe fell to 164,100 units last month compared with 173,100 units a year earlier, according to automaker group ACEA.
Ford Pledges to Reverse Losses in Europe
7/26/2012Ford Motor Co. is preparing a restructuring plan to stem losses at its European unit with "great urgency," says CFO Bob Shanks.
Ford Promises Plan to Tackle Losses in Europe
7/26/2012Ford Motor Co. is preparing a restructuring plan to stem losses at its European unit with "great urgency," says CFO Bob Shanks.
France Lines Up €665 Million in Auto Aid
7/26/2012The French government says it will spend about €490 million on car subsidies to "muscle up" its domestic auto industry by sparking sales of fuel-efficient vehicles.
PSA Unveils New Cost-Cutting Plan After First-Half Loss
7/26/2012PSA Peugeot Citroen says it aims to reduce annual structural costs by €1.5 billion by 2015 because of the "depth and persistence" of the Europe's financial crisis.