Industry Developments

Italian auto manufacturer Fiat and Germany's BMW have agreed to co-operate on the joint use of systems and auto parts in BMW's Mini and Fiat's Alfa Romeo vehicles. The memorandum... 2008-07-10

Swedish car manufacturer Volvo has received a grant of US$18mn (GBP9.04mn) from the US Department of Energy (DoE) and the Swedish Energy Agency towards the development of alternative... 2008-07-10

German carmaker BMW reported an increase of 4.7% in its global sales for the BMW, Mini and Rolls-Royce models in H108 - despite tough economic conditions in its major automobile

The ailing division of Ford Motors, Volvo is coming up with strategies to make up for its rapidly diminishing sales in the market. The Swedish carmaker is introducing new diesel models... 2008-07-04

Automaker Volvo has handed its official notice to the Swedish government indicating its plans of restructuring the workforce before the end of 2008. As a part of its restructuring... 2008-06-30

In the light of rising oil prices and government tax incentives to encourage purchase of electric vehicles (EVs), French vehicle manufacturer Renault estimates demand for electric... 2008-06-30

British luxury car brands Jaguar and Land Rover have announced investment of GBP700mn on environment-friendly hybrid vehicles over the next five years. The investment will be used... 2008-06-25

The Korean-based light trucks maker SsangYong has introduced two new light commercial versions of the SsangYong Kyron and Rexton SUVs. The UK division, which is owned by Shanghai... 2008-06-23

Auto manufacturers seem to be going through tough times as the operating environment is getting increasingly difficult. While the carbon dioxide emission regulation continues to bother... 2008-06-23

Mercedes' parent company Daimler has announced the opening of a new development and test centre (EVZ) for Mercedes trucks in Worth, Germany. At the inauguration of the new centre,... 2008-06-20