Industry Developments

After a bout of positive year-on-year (y-o-y) growth in 2010, Spanish vehicle production returned to negative growth territory in 2011, declining almost 1.6% y-o-y to 2.35mn units,... 2012-03-07

Japan's Nissan Motor has chosen its UK-based Sunderland plant for the production of its new small hatchback model - currently named Invitation - in a project which will see the company... 2012-03-06

Encouraged by its expectations of a close to 7% year-on-year (y-o-y) growth in replacement tyre sales in Asia and a 3% growth in the NAFTA region, Germany's Continental has revealed... 2012-03-05

After a robust 12% year-on-year (y-o-y) increase in its revenue - to EUR16.5bn (US$21.8bn) in 2011 - German truck maker MAN's expects its 2012 revenue to decline slightly, on the back... 2012-03-02

France's PSA Peugeot Citroën and US-based General Motor Company (GM) have announced the creation of a global alliance to help them save some US$2bn a year within the next five years... 2012-03-01

Chrysler, the US-based car manufacturer, has opened new Mopar distribution centres in Argentina and Brazil, as part of its strategy of expanding into emerging markets. The development,... 2012-02-29

UK parts supplier GKN has attributed its 15% year-on-year (y-o-y) increase in pre-tax profit to GBP417mn during 2011 to the sustained growth in demand for premium vehicles globally... 2012-02-28

Austria-based motorcycle manufacturer KTM Power Sports posted a robust 22.4% year-on-year (y-o-y) increase in sales, to 81,200 units, and a 13.4% y-o-y increase in its turnover, to... 2012-02-23

Encouraged by the robust performance of British premium subsidiary Jaguar Land Rover (JLR) during the first nine months of its financial year 2011/12 (FY11/12), India's Tata Motors... 2012-02-22

European carmakers Volkswagen (VW) and PSA Peugeot Citroën are eyeing some cheaply priced loans under a three-year programme called the longer-term refinancing programme (LTRO), which... 2012-02-17