Industry Developments

German carmakers have been finding it difficult to maintain their earnings owing to rising raw material prices, particularly steel. At a recent steel conference in Wiesbaden, the... 2008-06-03

Fiat wants its dealers to match with the company's success and growth. The manufacturer also revealed its plans to grow by creating eight wholly-owned dealerships in metropolitan... 2008-06-03

Leading carmakers Volkswagen (VW) and Renault-Nissan have separately announced their commitment towards energy efficient vehicles. Where VW announced its joint venture with Sanyo... 2008-05-30

The joint venture (JV) between Germany's Bosch and its domestic competitor Mahle has been approved by the European Commission (EC).

The German government seems to be heading for a clash with the European Commission (EC) over the revised Volkswagen (VW) law. The bill, which is yet to be presented before Chancellor... 2008-05-27

Safety standards are to be toughened in the European Union with the European Commission deciding on the proposal to make electronic stability (known as ESC or ESP) technology mandatory... 2008-05-23

Swedish truck maker Scania has set targets to double its vehicle sales and production capacity by 2015. The company plans to achieve the target by utilising the growth potential in... 2008-05-22

Ford is looking to cut down production of its Swedish brand Volvo at its Gothenburg plant to reduce costs and losses. Industry sources have reported that Ford chief executive Allan... 2008-05-21

UK-based car distributor and retailer Inchcape looks confident for 2008 after it recorded a 5.7% year-on-year (y-o-y) increase in pre-tax profit in sterling terms in

After two years of relative protectionism, Bosch seems to be in an aggressive mood in 2008. With strong forecasts for 2008, the company is heading for major acquisitions in Asia and... 2008-05-15