PSA May Seek Pay Freeze, Job Cuts at French Plant
5/31/2012PSA Peugeot Citroen has asked workers at its van factory in Sevelnord, France, to agree to a three-year pay freeze, more flexible work rules and the elimination of several hundred jobs in exchange for a promise to keep the facility open, Reuters reports.
GM Teams Up with Manchester United
5/31/2012General Motors Co.'s Chevrolet brand has signed a five-year deal to be the official automotive sponsor of British football giant Manchester United.
GM Skips Super Bowl, Takes Up Soccer
5/31/2012General Motors Co.'s Chevrolet brand has signed a five-year deal to be the official automotive sponsor of British soccer giant Manchester United.
Eurozone Optimism Keeps Fading
5/31/2012Executives and consumers in the 17-country eurozone lost confidence about the region's economy for the second consecutive month, according to Eurostat.
VW Ponders New Crossover for U.S. Market
5/31/2012Volkswagen AG sees "great opportunity" to add a third crossover vehicle to its American lineup.
Global Demand for Light Vehicles to Grow 4% in 2012
5/30/2012Worldwide car and light truck sales will expand by 2.9 million units to 78.5 million vehicles this year, led by strong demand in China, North America, Japan and India, IHS Automotive predicts.
Truck Sales Fall 11% in Europe
5/30/2012Commercial vehicle registrations across Europe declined to an estimated 144,800 units in April from 163,400 units a year earlier, according to industry group ACEA.
Eaton Names New Chief Technology Officer
5/30/2012Eaton Corp. has appointed Ramanath Ramakrishnan to take over as executive vice president and chief technology officer on June 1.
Asia, N. America Drive 4% Growth in Global Sales
5/30/2012Worldwide car and light truck sales will expand by 2.9 million units to 78.5 million vehicles this year, led by strong demand in China, North America, Japan and India, IHS Automotive predicts.
Global Light-Vehicle Sales to Grow 4% This Year
5/30/2012Worldwide car and light truck sales will expand by 2.9 million units to 78.5 million vehicles this year, led by strong demand in China, North America, Japan and India, IHS Automotive predicts.