GM in the US has introduced a novel programme of giving evening shoppers test drives to boost car sales.
Honda's new president and chief executive is to be Takeo Fukui, the carmaker's managing and representative director. He will take over in June.
Today's challenges for retail groups large and small are examined at this important AM conference on Wednesday 25 June 2003 at The De Vere Belfry Hotel Wishaw, Warwickshire. Sponsored by Grant Thornton and Exxon Mobil.
Ford Motor Company has reported net income of $896 million for the first quarter of 2003.
Delphi Corp., the world's biggest automotive components manufacturer has reported Q1 2003 revenues of $7.2 billion, up 7.4% from $6.7 billion for the same period in 2002.
Ford has become the first vehicle manufacturer to have its technical training and assessment process formally aligned to a new national qualification awarded by the Institute of the Motor Industry (IMI).
The iconic Soviet carmaker Moskvich could soon be heading for the bankruptcy court.
Nissan has posted a 51 per cent rise in operating profit today and has forecast further growth powered by product launches in the key U.S. market for minivans and hot-selling sport utility vehicles (SUVs).
New md of Delco Remy UK is Tim Rahill – previously its country manager for UK and Eire. Mr Rahill assumes this newly-created position with immediate effect and reports to managing director of Delco Remy Europe, Patrick Mobouck.
Power-Tec has appointed Steve Bradbury to its board of directors and he takes up the position of operations director.
Brackley (Northants)-based sports car company FBS Cars – manufacturer of the recently-launched Census V6 sports car – has become a full member of the SMMT.
The March 2003 new car market was up 3.4 per cent year on year to 438,075 units, according to the latest figures released by the SMMT.
Goodyear has announced a £705m loss in the fourth quarter of last year, its largest quarterly loss in more than ten years.
Honda's 900 workers at its Swindon factory will lose around £63 as a result of the carmaker's decision to lay off an entire shift, according to the Amicus union.
The motor trade is one of the few business sectors which have increased average profitability in Q3 2002, according to the latest Experian Corporate Health Check.
Toyota has now signed a deal to expand its alliance with China's First Automotive Works (FAW) – including the construction of a new vehicle plant in China.
Volkswagen's sales and marketing director Robert Buechelhofer, 60, has resigned with immediate effect – with a company spokesman citing disagreements over "different opinions about distribution policy".
Faulds Advertising, one of Scotland's biggest advertising agencies, has lost its £5m account with Kwik-Fit.
DaimlerChrysler says it is still on track to raise its profits from last year's £4.2bn result – but admits the going is tough.
Honda in Japan is to introduce a monthly monitoring system for electricity and other sources of energy at all domestic plants and dealerships by March 2004. The company has five car plants and 2,400 dealerships in Japan.
BMW dealers in Germany are in open revolt over company moves which they believe will squeeze their margins.
Ford is installing a 'virtual reality' design facility at its Dunton studio in Essex. The SGI Reality Centre enables its designers and engineers to project full-size images of new vehicle designs.
Unconfirmed reports suggest Fiat Auto plans to back the introduction of three new models with a five-year extended warranty offer.
European Union anti-trust officials have raided Peugeot-Citroen offices and dealerships in France, Germany, Netherlands and Denmark as part of an investigation into price rigging.
Ford is now aiming to cut costs by about £3.8 billion in a bid to save its ailing turnaround plan.
Italian automotive group Fiat may be set to sell its aerospace business Fiat Avio to US private equity group Carlyle for around £1.2bn. Carlyle has links with past US President George Bush Sr and its European chairman is former Prime Minister John Major.
Nissan Europe has announced the appointment of Frédérique Le Grevès as vice-president, Communications. The new appointment becomes effective on 1 April, 2003.
The SMMT is to set up a study into the effects of differential lane pricing on three-lane motorways. The project will look at the benefits of a possible 20 per cent increase in motorway capacity by encouraging motorists to make better use of all three lanes.
HR Owen has acquired west of London BMW dealership Heathrow Ltd for £4.6m, including £2.1m in cash. Heathrow Ltd made a pre-tax profit of £1.1m on a turnover of £44.7m in the 12 months to December 2002.
GKN has announced pre-tax profits for 2002 up 8.9 per cent at £267m ( 2001 = £245m) – on a cash inflow from operating activities of £367m (2001= £452m).
