Industry Developments

Domestic and international economic pressures are likely to be the overriding theme for the performance of new car sales in all major markets globally for the remainder of 2011 and... 2011-10-04

France could be spearheading the overall move towards electric vehicle (EV) ownership in Europe. Reports in Le Figaro have revealed that the French government is looking to acquire... 2011-10-03

Italy's largest food retailer, Coop Italia, has published a report outlining the weak state of the country's consumer sector. It highlights a lack of consumer confidence and suggests... 2011-09-22

France's Michelin has indicated that it could put the brakes on its production and expansion plans if global economic conditions continue to deteriorate. Michelin CEO Michel Rollier... 2011-09-21

Jaguar Land Rover (JLR)'s plans to invest GBP350mn towards a new engine plant in Wolverhampton over the next two years come as yet another assurance about the competitiveness of UK's... 2011-09-19

France's PSA Peugeot Citroën, the second largest carmaker in Europe after Volkswagen (VW), has revealed it will intensify its cost cutting programme, including a possible closure of... 2011-09-16

A 7.3% year-on-year (y-o-y) rise in car sales and a 22.8% increase in commercial vehicle purchases in the UK in August has done little to alter our lacklustre growth

Germany's Daimler Buses is resting hopes on Brazil, Mexico, India and Turkey to achieve its annual sales target of 40,000 buses and chassis by the end of 2011. Daimler's focus on these... 2011-09-08

Having reported an operating profit of SEK1.2bn (US$188mn) and a 20.3% year-on-year increase in vehicle sales, to 230,746 units, in H111, Sweden's Volvo Car has unveiled plans to replace... 2011-09-07

With fiscal austerity measures increasingly narrowing the possibility of European governments being able to invest in electric vehicle (EV) infrastructure, carmakers are coming up with... 2011-09-06