Industry Developments

The line of CEOs waltzing towards the exit door of some of Europe's leading automobile manufacturers continues. The departure of Sergio Marchionne from Fiat Auto is in marked contrast... 2006-11-10

General Motors appears to be steering into turbulent times in Spain. Unions at the company's plant in Zaragoza are planning strike action after it emerged that the plant could lose... 2006-11-08

German carmaker Volkswagen is reportedly eyeing thousands of job cuts in Belgium, Portugal and Spain as it transfers production out of the facilities it currently operates in these... 2006-11-06

MAN saw its plans to acquire Swedish rival Scania boosted last week after the German truck maker unveiled record third-quarter results. The results, which include an 18% increase... 2006-11-06

With two months remaining before the end of the year, Spain and France have reported higher car sales for October. While the upturn is certainly good news for manufacturers such as... 2006-11-03

Fiat announced in September 2006 that it was on course to beat its financial targets for the year. Annual trading profit for the group is expected to come in at EUR1.85bn and net... 2006-11-03

The Greek passenger car market has been struggling to maintain the growth set in the Olympic year of 2004, although given that sales for that year were a special case, sales for 2005... 2006-11-03

Sectors of the Spanish automotive industry will be hoping that rumours that Nissan is planning to invest significantly in the country do actually come to fruition. Over the course... 2006-10-31

Italian carmaker Fiat has unveiled its fourth consecutive quarter of profits and in doing so reiterated its sales target for the year. As in the previous quarter, Fiat Auto continues... 2006-10-30

Toyota is set to replace the hugely successful Corolla in Europe and Japan with a model known as the Auris. The vehicle will be designed and built in Europe and will help Toyota achieve... 2006-10-25