Industry Developments

Italian contract manufacturer Pininfarina has recently unveiled its revised plans to exit contract manufacturing and focus exclusively on building electric cars. Pininfarina stated... 2009-01-02

Tata, the Indian owner of automotive manufacturer Jaguar Land Rover (JLR) will be injecting 'tens of millions' of pounds into the British company to meet the manufacturer's immediate... 2008-12-23

UK auto dealers Inchcape and Lookers have presented a bleak outlook for the auto industry in 2009. Local sources report that both dealers will be looking to restructure their operations... 2008-12-22

German automotive manufacturer Daimler AG has partnered with Essen-based Evonik Industries for research, development and production of lithium ion batteries for the manufacturer's... 2008-12-16

According to local news sources, French automotive manufacturer Peugeot Citroën PSA and its Italian counterpart Fiat are currently considering the possibility of a potential merger... 2008-12-15

The Swedish government has announced plans to provide SEK28bn (US3.4bn) of aid to Swedish automotive manufacturers. The package will be provided 'in the form of increased investment... 2008-12-12

French truck manufacturer Renault Trucks, which is currently owned by the Volvo Group, has reaffirmed its long-term plans for growth and investment in the UK. However, the manufacturer... 2008-12-11

French automotive manufacturer Peugeot Citroën PSA has signed a strategic partnership deal with German auto equipment manufacturer Robert Bosch GmbH. The deal calls for Bosch to... 2008-12-10

Amid recent talks about a widespread consolidation in the automotive parts industry, UK based supplier Wagon is one of the first major parts makers to go into administration on Monday.... 2008-12-09

Automotive parts suppliers in Poland are looking to close down their production plants next year. US based parts maker Remy International and International Automotive Components (IAC)... 2008-12-08