Industry Developments

Dutch luxury sports car maker Spyker has signed a co-operation agreement with Britain's Lotus Cars to share parts and technology. The pact was announced in Zeewolde, Holland and is... 2008-05-15

Soaring oil prices and tough emission regulations have prompted carmakers to investigate solar energy as an effective additional energy source for car users. Although the concept... 2008-05-14

Nissan Europe's strategy of moving away from the traditional segment models to niche products has been successful in driving up sales considerably. However, senior vice-president... 2008-05-13

The latest figures on car sales reveal higher sales volumes for most Western European markets year-on-year (y-o-y) for April 2008. New car registrations totalled 1.32mn, an increase... 2008-05-12

ZF Friedrichshafen AG, a leading German supplier of automobile transmissions, has recently opened its new facility for volume production of hybrid modules in Schweinfurt, Germany.... 2008-05-12

Automotive original equipment manufacturers (OEMs) and suppliers in the EU are coming under increasing regulatory pressure from the EU's REACH (regulation, evaluation and authorisation... 2008-05-08

Italian automaker Fiat has succeeded in getting its investment rating restored by Standard & Poor (S&P). S&P has upgraded the long-term credit ratings of the automaker... 2008-05-08

Audi, the luxury unit of Volkswagen, is planning an alliance with the Japanese electronic giant Sanyo to develop a pilot hybrid project for the Volkswagen

Aston Martin chief executive Ulrich Bez says the EU emission law should exempt low volume car makers from the draft legislation which will levy fines on companies that do not meet... 2008-05-06

Faced with a sharp decline in its quarterly profits this year, German automotive manufacturer BMW has come up with provisioning strategies and revised lower targets for 2008 in a... 2008-05-05