JAPAN: Asahi Glass Q1 net income falls 53.8%
Auto supplier Asahi Glass net income fell 53.8% year on year to JPY17.75bn (US$221.8m) for the first quarter ended 31 March 2012.
FRANCE: PSA coy on C5 moving to Opel production
PSA Peugeot Citroen is declining to be drawn on widespread reports its new alliance partner GM will produce the C5 at an unnamed Opel plant in Europe.
UK: GM Vauxhall plant announcement imminent
Workers at General Motors’ UK Opel/Vauxhall car factory near Liverpool are waiting anxiously for news this week over the future of the plant which currently builds some Astra models.
VIETNAM: Sales continued to plummet in April
New vehicle sales in Vietnam fell by over 37% year on year in April to 6,004 units, from 9,558 units a year earlier, according to the Vietnam Automobile Manufacturers’ Association (VAMA).