Industry Developments

TVR's announcement that it will cease activity at its plant in Blackpool has deeply disappointed unions and workers. The move, however, does not come as a complete surprise, given... 2006-10-19

'"Ambitious but feasible"'. This is how Toyota Spain CEO Daniele Schillaci describes the company's recently unveiled sales plan for the country. Toyota is bidding to sell 100,000... 2006-10-18

At the start of 2006 and even before, it seemed as if the UK's automotive industry was teetering dangerously on the brink of a permanent decline. The UK lost the emblematic MG Rover,... 2006-10-17

According to press reports, Hyundai is bidding to double its sales figures in Europe by the year 2010. Last year, the South Korean carmaker sold some 350,000 units in the region.... 2006-10-16

Volkswagen has at least one brand on which it can firmly depend: Audi. The German manufacturer's luxury brand has stormed the first half of the year, delivering robust results to... 2006-10-06

Industry insiders are far from rattled about the state of Spain's automotive industry. Figures for September show a 6.2% fall in the number of sales, a fall that is being attributed... 2006-10-06

Volkswagen is reported to have acquired a 15% stake in MAN, one of Europe's biggest truck makers. The operation means that the German carmaker is now in a position to encourage, or... 2006-10-05

BMW of Germany and General Motors of the US have been unveiling sport-utility vehicles (SUVs) at the Paris Motor Show, which they hope will entice customers looking for the larger,... 2006-10-04

According to press reports, a senior executive at Japan's Nissan has said that Eastern Europe is no longer an attractive location for producing vehicles. Nissan, which has recently... 2006-10-03

Italian carmaker Fiat is hoping its new compact Bravo will not only emulate the success of the Punto Grande and boost sales when it is launched in January 2007, but also put pressure... 2006-10-02