Industry Developments

Ford has high hopes for the Spanish market despite forecasts of a contraction for the remainder of the year. The US carmaker's Spanish subsidiary is eyeing sales of 180,000 units... 2006-09-29

When BMW announced it was transferring production of the new Mini away from Brazil and into the UK, the country's chancellor, Gordon Brown, hailed the move as a 'great day for Britain'.... 2006-09-29

Asian carmakers such as Nissan and Toyota have made no secret of their ambitions for the European market. These manufacturers, whose profits are heavily dependent on the US - the... 2006-09-28

Peugeot has unveiled its strategy for tackling a tough operating environment for the remainder of 2006 and beyond. The French carmaker has announced plans to shed 10,000 jobs over... 2006-09-27

Competition on the European automotive market is about to get even tougher with the arrival of ambitious Chinese manufacturers who are bidding to etch out a strong niche for themselves... 2006-09-26

Fiat is eyeing a bigger share of the European market as the Italian carmaker continues its impressive turnaround. Fiat CEO Sergio Marchionne says the company will target a double-digit... 2006-09-22

Toyota Motor Europe has brought forward its target of 1.2mn sales from 2010 to 2008, optimistic that new plants will boost its market share in the years ahead. Toyota has good reason... 2006-09-21

Nissan Motors continues to target a large slice of the European market. After announcing plans to commence production of a new 4x4 vehicle in the UK in December, the Japanese carmaker... 2006-09-21

Audi is in the midst of constructing what will become its biggest dealership in the world in West London. The centre is set to sprawl across seven storeys, with the new car display... 2006-09-20

Troubled carmaker Ford faces a tough battle to fully turn around its European business. Despite posting a pre-tax profit of US$196mn for the first half of 2006, the group's European... 2006-09-19