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Hector Fratty
11791 posts
VW Buy 42% Stake in Porsche
Volkswagen have agreed to buy a 42% stake in the sports car unit of debt-ridden Porsche, another step toward combining the two German carmakers into a European automotive giant.
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China Sales Up 63%; India Up 31%
Auto sales in China reached 1.08 million units in July, up 63% over the same period last year, driven by economic recovery, government policy, and strong demand. The so-called low season was performing well
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Hyundai Automotive Group jumps into worldwide 4th place
Hyundai-Kia Automotive Group, has overtaken Ford to become the fourth largest global automotive manufacturer, according to the latest figures from the Automotive News Data Centre.
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Toyoda: Customers drive change
In his keynote speech at the Management Briefing Seminars, Toyota Motor Corp. President Akio Toyoda challenged the auto industry to reinvent the automobile and told the gathered executives that
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New Driver Distraction Conference
The First International Conference on Driver Distraction and Inattention is taking place from September 28-29 in Gothenburg, Sweden, and its organizers, INRETS and SAFER, have just issues a call for registrations.
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Safety Coalition Picks TruTouch
According to the World Health Organization, 576,000 people die each year as a result of injuries sustained under the influence of alcohol. The Automotive Coalition for Traffic Safety (ACTS) hopes to eliminate
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Optis Open China Office
OPTIS France, one of the leading developers of scientific light simulation and visualization software, today announced the opening of a wholly-owned subsidiary in Shanghai, China.
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Suppliers Cautiously Optimistic
A little cautious optimism is starting to creep back into company outlooks for the remainder of 2009 and 2010.
In Europe, Valeo headlined their Q2 earnings release strong improvement of results
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Visteon Down 50% in H1 2009
Visteon reported about 50% decline in net sales to US$2.77bn for the six months ended 30 June 2009, compared with US$5.52bn for the same period in 2008. The decline was due to a US$1.9bn decline in production volumes
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