Industry Developments

The euro's 12% fall against the dollar in 2005 has increased the competitiveness of European products overseas, and as a result, German industry witnessed a 5% increase in export... 2006-08-02

GM's investment in its Figueruelas plant in Zaragoza, Spain comes to a head this week with the launch of the new Opel Corsa. The company has invested EUR550mn over two years to give... 2006-08-01

Fiat is eyeing the launch of a new version of the Cinquencento small car in 2007. The vehicle has reached iconic status in its home market, with some 3.7mn units being sold between... 2006-08-01

French tyre manufacturer Michelin has been hit by the ever-increasing cost of raw materials. The company has just unveiled a 29% fall in its net profit for the first half of 2006... 2006-07-31

PSA Peugeot Citröen continues to struggle. The French carmaker has just issued its third profit warning in 12 months after being caught of guard by the rising cost of raw materials.... 2006-07-31

The chief executive of Volkswagen Bernd Pischetsrieder is cautious about the carmaker's future despite unveiling better-than-expected results for the second quarter. Volkswagen reported... 2006-07-28

Fiat has unveiled another set of robust results and the Italian carmaker has adopted a bullish mood with respect to the future. The man widely credited with turning the once ailing... 2006-07-25

Russia's Gorkovsky Avtomobilny Zavod (GAZ, Gorky Automobile Plant) is hoping to buy up Italian engine maker VM Motori, despite strong opposition from majority shareholder Roger

While its industry counterpart Faurecia has slumped into the red and become embroiled in a corruption scandal, French car parts maker Valeo has unveiled a robust profit for the first... 2006-07-25

The carmaker DaimlerChrysler has decided to dissolve Smart GmbH after successive attempts to save the loss-making affiliate. As part of a streamlining process, Smart will be integrated... 2006-07-24