Industry Developments

Although it is early days for 2012 car sales, data for January show that most markets are at least performing as we had expected. Japan and the US have registered healthy growth in... 2012-02-17

France's PSA Peugeot Citroën is stepping up its cash generation drive as its net debt piled up to EUR3.36bn at the end of 2011 - almost tripling from EUR1.24bn in the previous year... 2012-02-16

German chemical company BASF has acquired Ovonic Battery Company, formerly a wholly owned subsidiary of US-based Energy Conversion Devices, as part of the company's broader strategy... 2012-02-15

Honda Motor will be looking to nearly double its autos production in Europe from 97,000 units in 2011 to 180,000 units this year, in a move broadly aimed at reducing the carmaker's... 2012-02-14

Speculation has named Volkswagen (VW), Mahindra and Mahindra (M&M) and Harley Davidson as possible buyers of Italian premium motorcycle maker Ducati. Although all of the above companies... 2012-02-14

Sales of new vans and trucks have started 2012 on a negative note, falling 8.6% year-on-year (y-o-y), to 17,924 units during January, according to estimates from the Society of Motor... 2012-02-13

Renault Trucks (RT), the French commercial vehicle (CV) manufacturer currently owned by Sweden's Volvo Group, is stepping up its dealership network in Eastern European, African, Middle... 2012-02-10

Heightened risks from the eurozone debt crisis, renewed fiscal austerity measures, looming threats of a hard landing in the Turkish growth story and the consequent deterioration in... 2012-02-08

High production costs, yen strength and struggling vehicle sales in Europe have all contributed to Mitsubishi Motors' decision to stop production at its only Western European plant... 2012-02-07

Plastic Omnium's 29.9% year-on-year (y-o-y) increase in revenue, to EUR4.2bn (US$5.5bn), during 2011 comes on the back of an already strong 32% y-o-y growth in 2010 and mainly highlights... 2012-02-01