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GM is is likely to pick a buyer for Opel ‘early this week,’ Bloomberg reported, citing remarks by its executive vice president for international operations, Nick Reilly.
Although Faurecia SA lost €364 million in the year’s first half, the global recession actually may be benefitting suppliers, says Faurecia CEO Yann Delabriere.
“Auto makers are fighting for their survival,
General Motors said Wednesday its global sales rose 20% in a quarter-over-quarter basis to 1.94 million vehicles in the three months to June 30, led by growth in Asia.
Former General Motors purchasing chief Bo Andersson today was elected board chairman of Russian automaker GAZ Group.
Applications for the 16th annual Automotive News PACE Awards, recognizing innovation and technological advancement, are being accepted through Sept. 11.
Nearly four years after entering Chapter 11, Delphi Corp. is poised to emerge from bankruptcy without most of its U.S. plants and with a tight focus on electronics. Former parent General Motors is facilitating much of Delphi’s exit
By integrating yaw rate and acceleration sensors into a single central SMD component, global automotive safety specialist Continental now bring more advanced active safety features to a wider range of vehicles, not just top-of-the-range models.
Bryan Nesbitt, vice president of North America Design for GM, has been named general manager of Cadillac and will become the top executive of General Motors’ top brand. He will report directly to Vice Chairman Robert Lutz. It is an uncommon and surprising leap for a designer.
Japan’s carmakers are finding life difficult in Europe, according to business information group IHS Global Insight which said their share of the market had fallen to 12% from 13.5% in the past two months.
The global market for displays made from organic light-emitting diodes (OLEDs) will reach $7.1bn by 2016, according to new data from US market-research firm DisplaySearch.
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