Industry

European Sales barely up at 8%

Kia Motors sold 234,069 cars in November, up 6.4%, and up 10.3% for the year so far with 2,497,002 units sold.  Kia's strongest market for the year so far is North America were it has sold 592,261, up 17.6%, so far this year...

Located in Kaluga, Russia, and will be finished in 2015

Volkswagen has laid the cornerstone at a new €250 million, 30,000m² (7.4 acres) engine factory in Kaluga, Russia that is scheduled to be finished in 2015. The new factory will be able to produce 150,000 units a year when it opens. The fi...

Began has Morris factory

Mini's Oxford factory is celebrating 100 years of car building on March 28, 2013, which will be 100 years to the day that the first Morris rolled out of the factory.  Mini is inviting ex-employees and their families to come to the fac...

Gauging interest in European and Asian models

Chevrolet is using its North American International Auto Show exhibit area for an interesting experiment. In addition to its entire North American lineup, the automaker is also bringing five models from Europe and Asia that are not currently avail...

Its traditionally quirky sales have hurt sales

Some of Citroën's most famous designs also rank as some of the oddest looking mainstream cars ever produced. Cars like the DS, SM and C6 have some of the weirdest designs ever seen on the road. However, Citroën design director A...

Poaches him away from Volkswagen

General Motors has hired Dr. Karl-Thomas Neumann as the new Chairman of Opel and President of GM Europe. The positions also mean that he will be a GM vice present and member of the GM Executive Committee. The promotion is effective March 1. Curren...

2022 sales goal expected to be larger than originally planned

Volkswagen Group needs to find a solution to a very good problem to have. Sales have been so good for the German sales giant that it has to create a new sales forecast for 2022 because it is hitting its 2018 forecast early.  The managemen...

Stems from failed takeover of Volkswagen

The Stuttgart prosecutors have extended their probe into Porsche's alleged stock manipulation while it was trying to purchase Volkswagen to all 12 members of the Porsche board from March 2008 to October 2008. Only former CEO Wendelin Wied...

Discussions over agreement will begin this year

The European Union and United States will begin discussions on a free trade agreement around June, according to a report from Reuters. If successful, it would create one of the largest free trade zones in the world that would cover a third of the ...

Factory will build Datsuns and Renaults

Japanese business newspaper Nikkei reports that Nissan and are planning to open a joint factory in India. The factory, which will be located near its current factory in Chennai, will cost $320 million (€242.8 million) and will&...