Renault chief Carlos Ghosn said Tuesday the French automaker would launch a low-cost car in the Indian market in 2012 in a tie-up with India’s Bajaj Auto.
On a small test course adjacent to their New Jersey headquarters, Volvo Cars North America demonstrated their new pedestrian-protection technology with fully-autonomous braking.
The worst motorists now have an excuse to justify their conduct. American researchers at the University of California have found a gene common to bad drivers.
BeijingWest Industries, a Chinese investment company led by state-owned steelmaker Shougang, have bought U.S. auto parts giant Delphi’s brake and suspension unit for about $100m.
TRW have opened their second North American Driver Assist Systems engineering centre at the company’s headquarters in Livonia, Michigan.
PSA Peugeot Citroën’s head of purchasing says the company’s supplier network in France is burdened with 40% too much industrial capacity. Jean-Christophe Quemard told Reuters around half of the supplier overcapacity in France
The auto supplier industry will see a wave of consolidations next year as federal bailouts for automakers and a recent uptick in sales provided only a temporary reprieve and simply postponed the inevitable, several executives told Reuters this week.
Daniel Knott, Chrysler’s new purchasing chief, has set forth an aggressive plan for reducing purchasing costs through synergies with Fiat as the U.S. company unveiled their 5-year plan last week in Auburn Hills, Mich.
Volkswagen-Porsche have overtaken Toyota to become the world’s largest car manufacturer as the German group benefits from state-backed stimulus packages around the globe.
Total vehicle sales reached 1.23m units in October, up 72% from a year earlier and Rao Da, secretary-general of China Passenger Car Association says he expects full-year automobile sales to touch 13.5m with a year-on-year growth rate of 44%.
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