Passenger car sales in India rose 1% in February to 160,718 units from 158,512 units in the same month a year ago, according to figures from the Society of Indian Automobile Manufacturers (SIAM).
Tenneco says it is supplying emissions control technologies on the 2014 Ram heavy duty diesel truck series, which includes the 2500 and 3500 diesel pick-ups, as well as the 3500, 4500 and 5500 chassis cab lorries.
Big Brother could one day be watching you as you drive – that’s the fear of Volkswagen chief Martin Winterkorn who said that carmakers must be beware of the connected vehicle of the future turning into a “data monster”.
Nissan may not be able to achieve its twin targets of 8% global market share and an 8% operating margin under its Nissan Power 88 road map to the end of fiscal 2016, reported the Nikkei Asian Review.
Evonik has posted 2013 net income of EUR2.1bn (US$2.9bn) and group sales of EUR12.9bn in what it describes as “difficult market conditions.”
SKF has started delivery of bonded piston seals to Geely Automobile in an agreement worth more than SEK100m (US$15.6m) for a five-year period.
Asahi Glass says it has established its first technical centre for the chemicals business in Shanghai and is starting operations today (10 March).
Potential buyers world wide take independent new car safety reveiews very seriously these days and Mazda claims its latest 6 [Atenza in Japan and China] is now officially one of the safest cars available globally, having received the highest possible safety ratings in Europe, Japan, Australia and the US.
Fiat Chrysler Automobiles’s CEO expects its new plant in Brazil will boost profitability there by 2017 after 2013 profits were hit by a cut to subsidies and currency effects.
General Motors plans to spend US$162m on a stamping plant at its Lansing Grand River facility, creating 65 jobs, local economic development officials said.
Geely is reportedly planning to rationalise its domestic sales brands and axe a number them.
No sooner did the final bars of the score to this year’s triumphant Winter Olympics in the Russian city of Sochi fade into memory – accompanied by a tear-shedding bear reminiscent of the Moscow Olympics in 1980 – than all that goodwill seems to have evaporated in a puff of smoke.