Elsewhere, Chinese carmaker
Geely, which owns the London Taxi Company, will also invest a further PS50 million to enhance its research capabilities and launch a new fleet of zero-emissioncapable black cabs.
The leading Chinese carmaker
, which was set up in 1997, based in Wuhu, Anhui Province, China.
The Jiangsu pricing bureau said the German carmaker
had violated anti-monopoly law, damaging fair market competition and harming consumer rights.
Two leading French carmakers
of Renault and Peugeot used to supply about 100,000 and 458,000 kits a year for final assembly to Iran, respectively, before they had to leave due to US-led sanctions.
AFP -- The board of struggling French carmaker
PSA Peugeot Citroen has in principle approved capital boosts by the French state and its Chinese partner Dongfeng, two sources close to the matter told AFP Sunday.
Volkswagen has set its sights on becoming the world's biggest carmaker
Marchionne did a stroke of genius in the New Year's Day,'' said Giuseppe Berta, a professor at Bocconi University in Milan who has written several books on the carmaker
Ajmani is part of a growing section of rich Indians carmakers
are targeting with compact luxury cars that offer the bragging rights, but at a lower price.
The overall sales increase in May was attributable to solid performances by Japanese carmakers
recovering from the aftermath of the March 2011 disaster in their home country, as well as to year-before sales standing at low levels.
5 per cent stake in defence group EADS from carmaker
The production disruption will likely see Toyota lose its title as the world's largest carmaker
this year, said a report in our sister publication, the Gulf Daily News.
We do not recommend that customers take any specific action at this time, other than being alert for marketing campaigns from third parties that reference your ownership of a Honda vehicle," the carmaker
said in a statement.
the world's biggest carmaker
, said its global output fell 30 percent to 542,465 vehicles in March, led by a drop in Japan after a record earthquake disrupted production.
Group sales at Europe's biggest carmaker
, Volkswagen, rose 5.
Summary: German carmaker
Volkswagen seeks to invest in Algeria, Minister of Industry, SMEs and Investment Promotion Mohamed Benmeradi said Sunday.