Industry Developments
Germany
Germany's Volkswagen (VW) has added another challenge for the year 2018, which already happens to be its deadline for overtaking Japan's Toyota Motor as the global market leader in...
2010-03-09India
India's Apollo Tyres has temporarily suspended plans to build a new plant in Europe and will instead look to step up production at its Vredestein Banden facility in the Netherlands,...
2010-03-04Germany
Volkswagen (VW)'s chairman, Ferdinand Piech, has once again raised the possibility of the much speculated three-way truck alliance between VW, Germany's MAN and Swedish truck maker...
2010-03-02Sweden
The Swedish government has established Fouriertransform - a venture capital firm - with the view to filling the finance gap created by the reluctance of private equity firms to invest...
2010-03-01Canada
Canadian parts supplier Magna International has ended 2009 with a net loss of US$493mn as its sales shrunk a sizeable 27% year-on-year (y-o-y), to US$17.37bn. However, BMI points...
2010-02-26The Western European auto parts segment has seen a bout of optimism as Germany's Continental and France's Valeo revealed positive outlooks for 2010, despite posting weak finances...
2010-02-25Germany
German luxury carmaker BMW has taken a step forward with its 'Project I' with the announcement that it will produce its electric car range at its Leipzig facility in Germany.
2010-02-23France
France's Renault has taken another step towards its vehicle electrification programme by securing a EUR100mn loan from the French government to help it upgrade two electric vehicle...
2010-02-19
