The US President mounted a series of attacks on car makers
for snubbing his plan to roll back Obama-era fuel efficiency rules, singling out Ford for instead siding with a California state deal which proposes stricter emissions standards.
The Coventry car maker
enjoyed a decade of sustained growth and ever-increasing sales and profits.
Tim Rose, of Automotive Management, which produced the report, said: "Vauxhall dealers have told us they will be forced to make sales, workshop and administrative staff redundant as part of this cull by the car maker
The sale could value the car maker
, which has reported pre-tax profits of PS22m in the first nine months of this year compared to losses of PS124m in the same period the year before, at between PS2bn and PS3bn.
By Chanchal Pal Chauhan in New Delhi IN a growing preference towards occupant safety, several car makers
are making airbags a standard fitment in most of their cars, including several of their price- sensitive, entry- level models.
And the deal has won the seal of approval from Chelsea manager Jose Mourinho who has been appointed an official Jaguar Ambassador by the Midlands car maker
For the fiscal ended 31 March, 2014, the car makers
in India posted a decline of 4.4 per cent for 2013-14.
Japanese car maker
Honda looks to increase it by entering new segments to address 50% of the overall Indian car market up from its presence of just 10% now.
LUXURY car maker
Jaguar Land Rover is to create 800 new UK jobs in what is a welcome boost for the car industry.
Sudirman M.R., chairman of the Indonesian Association of Motor Vehicle Industries (Gaikindo), said no car maker
in the country has produced car in line with the LCGC program as the car makers
are still awaiting the issuance of the implementation regulation.
26 November 2012 - Kuwaiti Investment Dar Company KSC has received bids from Italian private equity firm Investindustrial and Indian commercial utility vehicles company Mahindra & Mahindra Ltd for a 50% stake in its UK luxury sports car maker
Aston Martin Lagonda Ltd, the Wall Street Journal reported citing a knowledgeable source.
Under an agreement with Daimler AG's (ETR:DAI) Mercedes, Investindustrial will serve as a technical partner on the deal, whereas the German car maker
will provide engines, gearboxes and other technical expertise and take a small stake in the UK firm in the future.
Summary: Italian private equity fund Investindustrial and Indian car maker
Mahindra have made competing bids for 50 percent of British luxury car maker
Aston Martin with a deal expected over the weekend, a source close to the matter said on Friday.
(SeeNews) - Nov 12, 2012 - Volkswagen (ETR:VW) chairman Ferdinand Piech could stay at the car maker
for at least five more years, he told tabloid Bild am Sonntag.