Peter Schreyer, who was so successful as Kia’s design boss that he was recently promoted to president of design at both Hyundai and Kia, says the two brands still are working on their future positioning and image. “It is a challenge to separate the two,†he tellsWardsAuto. “We’re talking about how to define and strengthen both brands. […]
General Motors and Ford are working together to develop an all-new family of 9- and 10-speed automatic transmissions for a wide range of future products, putting the auto makers closer to achieving tightening U.S. fuel-economy regulations.
Volkswagen Group says it is bracing for a tough year ahead, though the automaker believes business may improve in the second half as overseas markets keep growing. “The coming months will be anything but easy,” CEO Martin Winterkorn said today at VW’s annual shareholders’ meeting.
Fiat may have to pay more than its $139.7 million offer for Chrysler Group shares being bought from the UAW’s retiree health-care trust, a judge suggested in court today. Fiat SpA is increasing its stake in Chrysler and is asking Delaware Chancery Court Judge Donald Parsons Jr. to help determine the value of the 54,154 […]
Honda Motor Co. today posted a 6.6 percent rise in quarterly net profit, helped by the yen’s rapid depreciation and strong sales of its Accord and CR-V models the United States. In the quarter ended March 31, Honda booked net profit of 75.7 billion yen ($760.88 million), compared with 71.5 billion yen in the same […]
BMW will begin production of its Mini Countryman in India later this year at its plant in Chennai, India. A more specific date is to be announced but the first models to be produced will be the Mini Cooper D Countryman and the Mini One Countryman; each will be fully assembled from imported parts.
Aston Martin, Jaguar Land Rover and Toyota Motor Europe have worked together to create ‘collective protection’ from risks in their supply chains.
The Chrysler Group has announced management changes to the Ram and Dodge Truck Brands, FIAT Brand for North America and Chrysler de México.
For the first time since the relaunch of the brand in 2001, preparations for the local production of MINI cars in new markets outside Europe are being considered.
