Motor Vehicle Manufacturing
Renault reports 6.3% sales fall in 2012
Jan 18, 2013 09:32 EST
French auto group Renault reported on Friday a 6.3 percent fall in its global sales last year to 2.55 million vehicles due to an 18 percent collapse of its sales in Europe, but said it hopes for a rebound in 2013.
Malaysia's Perodua to recall 74,000 cars
Jan 16, 2013 12:17 EST
Malaysian compact carmaker Perodua said Wednesday it would recall 74,000 of its MyVi models to replace a faulty electronic power steering column.
European auto sector hits 17-year low
Jan 16, 2013 06:48 EST
European auto sales plunged to the lowest point for 17 years in 2012, trade data showed on Wednesday, revealing the dire state of the sector despite the global strength of German automakers.
Luring young car buyers with gadgets, nail polish
Jan 16, 2013 01:29 EST
From navigation systems serving as game consoles to sound systems doubling as amplifiers and nail polish matching a paint job, automakers are trying new tricks to lure fickle young buyers.
Renault says will cut 7,500 French jobs by 2016
Jan 15, 2013 18:17 EST
Renault announce plans Tuesday to cut its staff in the country by 7,500 workers to become more competitive and prepare for the hiring of others with specific skills.
Does everyone think someone else should drive a green car?
Jan 15, 2013 17:55 EST
The green car market is only inching along in the United States, hampered by high comparative costs and limited ranges on pure electric vehicles, but automakers remain confident their time will come.
Lincoln, Cadillac struggle to get luxury groove back
Jan 15, 2013 16:35 EST
Luxury carmakers should be smiling. The resurgent US market, China's booming wealth sector and other rising large economies, are delivering strong sales to the likes of BMW, Mercedes Benz and Bentley.
Fiat to launch lay-off scheme to modernise Melfi plant
Jan 15, 2013 14:34 EST
Italian auto giant Fiat said Tuesday it is launching a special lay-off scheme at its Melfi plant in order to modernise the factory as part of a new strategy aimed at upping the carmaker's game.
Jeep to build cars in China with GAC
Jan 15, 2013 13:24 EST
The iconic American Jeep brand will be manufactured in China and Italy's Fiat will also build more cars there through an expanded partnership announced Tuesday with Chinese carmaker GAC.
Renault to cut 7,500 jobs by 2016
Jan 15, 2013 12:00 EST
Ailing French carmaker Renault said Tuesday it would cut its staff in France by 7,500 workers by 2016.
Luxury models dazzle Detroit auto show
Jan 14, 2013 22:51 EST
Stand-out styling, performance and luxury were on display as global automakers sought to stake out ground in the high-profit premium car sector at the Detroit auto show.
Honda unveils small SUV at heart of huge expansion
Jan 14, 2013 19:49 EST
Honda unveiled Monday a stylish "urban SUV" concept at the heart of a small car onslaught aimed at helping the Japanese automaker boost global sales by 50 percent over the next four years.
Fiat hopes to avoid Chrysler IPO: Marchionne
Jan 14, 2013 16:14 EST
Fiat chief Sergio Marchionne said Monday that he would prefer to boost Fiat's shareholding in Chrysler via direct purchases from a union retirement fund rather than letting Chrysler first go public.
Bentley launches 202 mph cabriolet
Jan 14, 2013 16:05 EST
Luxury carmaker Bentley wants you comfortable in a Force 5 hurricane -- the four-seat convertible that it launched Monday can hit 202 miles per hour (325 kph) with the top down.
Daimler could take stake in China's BAIC
Jan 14, 2013 14:18 EST
German auto power Daimler could take a stake in its Chinese partner BAIC as it seeks to raise funds on capital markets, Daimler chief Dieter Zetsche said Monday at the Detroit auto show.
Style, luxury and performance in Detroit as auto sales boom
Jan 14, 2013 13:55 EST
Stand-out styling, performance and luxury dominated the Detroit auto show Monday as carmakers jostled for position amid booming sales and renewed optimism after a deep downturn.
Toyota regains global auto sales crown
Jan 14, 2013 12:43 EST
Toyota on Monday regained the global sales crown lost when the 2011 Japanese tsunami devastated its supplies as US rival General Motors saw its share of the global market shrink.
Luxury and sports cars at Detroit auto show
Jan 14, 2013 10:54 EST
Luxury and sports cars will be in the spotlight when the Detroit auto show opens Monday amid booming sales and renewed optimism as the US economy rebounds from a deep downturn.
GM loses global crown to Toyota as sales hit 9.2 mn
Jan 14, 2013 10:26 EST
Toyota regained the global sales crown lost when the 2011 Japanese tsunami devastated its supplies as US rival General Motors saw its share of the global market shrink.
GM says China car sales hit record high in 2012
Jan 14, 2013 03:07 EST
US auto giant General Motors said that its sales in China, the world's biggest car market, hit a record 2.84 million vehicles last year, despite the country's slowing economy.
