Volkswagen yesterday signalled an assault on overheads, with pledges to cut costs at its China operations by $500m (£273m).
First came the people-mover, then the minivan, and now the mini-minivan.
Workers at sportscarmaker TVR, Blackpool, are to be represented by the Transport & General Workers' Union as rumours persist of a switch of production to Russia.
Ford Motor Company is set to face another legal battle after a multi-million dollar class-action lawsuit alleged that up to 400,000 Ford vehicles in Canada had been fitted with faulty door latches that could lead to serious injury or death.
Toyota is introducing its enhanced 2005 Land Cruiser range from October 1, with a higher specification and an updated diesel engine.
Citroën is about to release a souped-up version of its C2 supermini.
Companies implementing new risk management policies in line with health and safety executive guidelines are seeing the amount of fleet data they store roughly double - according to fleet software specialist cfc solutions.
The new Golf GTI can now be ordered via a dedicated new website, www.newgolfgti.co.uk, months before its debut early next year.
Mitsubishi has announced that its 4x4s will have up to £2,500 slashed from the on-the-road retail price until September 30, 2004.
Audi has recorded its best sales result in company history, with 389,970 cars sold worldwide, an increase of 0.6% on the same period last year.
Norwich Union is testing a new pay-as-you-drive pilot insurance scheme on 5,000 policyholders.
Vauxhall is offering discounts on selected new cars through its UK website. Among the deals, online customers can purchase a new Vectra 1.8i Energy hatchback for £12,740, making a saving of £1,635.
Nearly two thirds of drivers (62%) support the use of mobile speed cameras, according to a survey by Brake, the national road safety charity and Green Flag Motoring Assistance.
A 20% rise in the number of calls on legal issues to the Retail Motor Industry Federation (RMI) member helpline has prompted the organisation to set up a series of legal workshops for its members.
General Motors has unveiled the first car able to run with several different fuels. The Astra Multipower, which will enter production next month, can use alcohol, gasoline and natural gas.
The new Astra three-door is going to be unveiled at the Paris Motor Show September 25 – October 10.
Norwich Union Insurance (NUI) has acquired the entire share capital of HPI from Phoenix Equity Partners for £118.5m in cash and £1.5m in loan notes.
Citroen has revealed pictures of the revised C5 before the car makes its public debut at next month’s Paris Motor Show
Five years ago Nissan faced debts of £8bn. Now operating margins and return on investment capital top industry figures worldwide.
DaimlerChrysler has sold its 10.5% stake in South Korea's Hyundai Motors.
The theme of this year’s Sewells’ dealer conference is ‘knowing the customer’.
AM 100 No 9 listed automotive retailer Lookers plc has announced interim record results for the half-year ended June 30.
Owners of sports utility vehicles are facing a backlash from European bureaucrats.
Lexus has been named as the best car to sell by Sewells’ Dealer Attitude Survey.
The cost of buying a new car has fallen 9% during the past five years, according to a new survey by Alliance & Leicester.
The Government has been accused of ‘mugging’ the motorist ahead of anticipated rises in fuel duty.
Britain’s Automotive Academy is to consult industry leaders on their training ‘wish list’ at a workshop next month.
Hyundai passed an important milestone in its short history, when the 10 millionth export vehicle rolled off the production lines in Ulsan, Korea.
Style replaces boxy image
It’s the emerging carmakers I feel sorry for. The accepted wisdom is that while the latest cars from Hyundai, Kia, Proton, Daewoo et al are not quite up to the standards set by the more-established players, at least they’re cheap enough to attract the bargain hunting motorists.
