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Volvo sees European, US markets diverging

Friday, 03 February 2012 at 15:10, Reuters, Stockholm

World number two truckmaker Volvo expects its main markets to diverge this year, with demand in Europe seen down about 10 per cent amid euro zone debt woes and North American volumes growing by a sixt

Mazda mulls capital increase after mounting losses

Friday, 03 February 2012 at 09:56, Bloomberg

Mazda Motor Corp, the most unprofitable company among Japan’s eight biggest carmakers, said it’s considering ways to boost capital as four years of losses erode equity, threatening its credit rati

Mercedes tops BMW in January US sales

Thursday, 02 February 2012 at 14:59, Bloomberg

Bayerische Motoren Werke AG’s BMW failed to keep its lead over Daimler AG’s Mercedes-Benz in January, getting some payback after December’s sales push to seal its place as 2011’s top-selling U

Geely rises most in two weeks on Daiwa outlook

Thursday, 02 February 2012 at 13:49, Bloomberg

Geely Automobile Holdings Ltd, whose parent owns Swedish automaker Volvo Car Corp, rose by the most in almost two weeks in Hong Kong trading after Daiwa Capital Markets predicted a “double-digit”

Australia's GM Holden to cut jobs at car plant

Thursday, 02 February 2012 at 12:32, Reuters, Canberra

Australian carmaker GM Holden, a division of US manufacturer General Motors, on Thursday said it would cut up to 140 jobs from its Adelaide car plant in the latest of a series of job losses in Austral

US auto sales in January show unusual strength

Thursday, 02 February 2012 at 12:20, Reuters, Detroit

Major automakers reported a nearly 12 per cent gain in US sales in January, a surprisingly strong showing driven by the growing need for American drivers to replace aging cars and trucks.

Fiat-Chrysler makes bold forecasts for 2012

Thursday, 02 February 2012 at 11:02, Reuters, Milan/ Detroit

Automaker Fiat-Chrysler set out lower but still ambitious targets for 2012, with newly profitable Chrysler Group forecasting an 18 per cent jump in US revenue to make up for depressed conditions in Eu

Toyota aims to sell 1,000 of its '86' sports car a month in Japan

Thursday, 02 February 2012 at 09:23, Reuters, Tokyo

Toyota Motor Corp said on Thursday that it aims to sell 1,000 of its "86" sports car model per month in Japan, with sales to begin on April 6.

Chrysler January US sales rise 44pct on Jeep brand

Wednesday, 01 February 2012 at 18:08, Bloomberg

Chrysler Group LLC, the automaker majority owned by Fiat SpA, said US sales rose 44 per cent last month on demand for Jeep sport-utility vehicles and 200 sedans.

Volkswagen Slovakia eyes more jobs, output boost

Wednesday, 01 February 2012 at 15:32, Reuters, Bratislava

German carmaker Volkswagen will add a third production shift and create hundreds of jobs to boost production of its new small-size model in Slovakia.


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