Sweden-based Volvo Group has reported net sales of SEK86.5 billion for the fourth quarter of 2011, an increase of 18 percent, compared to SEK73.39 billion for the same period in 2010.
Shanghai Volkswagen Automotive (SVW) is planning to build a new car plant with a complete production facility with press shop, body shop, paint shop and an assembly unit in Ningbo, Zhejiang Province of China.
The Goodyear Tire & Rubber Company has named John Winterton, Phillip Kane, Ryan Patterson, and Paul Wanstreet to new leadership positions for its North American Tire business.
General Motors (GM) has appointed Susan Docherty as president and managing director of Chevrolet Europe, effective January 1, 2012. Ms Docherty will succeed Wayne Brannon.
MWW Automotive Group, a manufacturer and supplier of OE accessories for the automotive industry, has commenced production of interior parts for the General Motor’s new 2012 Chevrolet Sonic.
With the support of the Swedish Energy Agency, Volvo Buses is currently developing a plug-in hybrid bus that can drive long distances silently and exhaust-free on only electricity.
CODA Holdings, a developer of lithium-ion power battery systems, has appointed Thomas Hausch to the newly created role of senior vice president of marketing, sales and after-sales for CODA Automotive.
WABCO Holdings, a supplier of safety and control systems for commercial vehicles, has reported sales of $737.7m for the second quarter ended June 30, 2011, an increase of 29 percent, compared to $512.3m in 2010.
Automotive retailer Group 1 Automotive has reported total revenues were $1.47 billion for the second quarter ended June 30, 2011, an increase of 3.9 percent, compared to $1.41 billion for the same period in 2010.
Heavy-duty truck and engine maker Navistar has opened a new 70,000 square foot product support center in Woodridge, Illinois to support its customers around the globe.
MWW Automotive Group, a US-based supplier of OE accessories, has reported a net loss of $2.27m for the fiscal year ended September 30, 2011, compared to $2.34m for the fiscal 2010.
General Motors (GM) has made enhancements to the vehicle structure and battery coolant system in the Chevrolet Volt to protect the battery from the possibility of an electrical fire occurring days or weeks after a severe crash.
Nearly nine out of ten plug-in electric vehicles (PEVs) sold in 2011 will include at least a basic telematics package, and that percentage will likely grow to 94 percent by 2017, according to a new report from Pike Research.
Sales of plug-in electric vehicles (PEVs) are expected to accelerate over the next several years, posting a compound annual growth rate of 43 percent between 2011 and 2017, with annual sales reaching almost 360,000 vehicles by 2017, according to a report from Pike Research.
General Motors (GM) has reported total sales of 218,479 vehicles in August 2011, an increase of 18 percent, compared to August 2010. Month-end dealer inventory in the US was 556,884 units, including 212,520 full-size pickup trucks.
The Goodyear Tire & Rubber Company has named Stephen McClellan as president of its North American Tire business unit. Mr McClellan joined the company in 1988.
Truck maker Navistar International Corporation is planning to restructure its North American business to meet future demand and drive greater manufacturing flexibility. The move is expected to save $20m to $30m annually.
Auto sales in the US will reach just 12.7 million units in 2011 and only 13.6 million in 2012, estimates business-advisory firm AlixPartners after analyzing 2010 profits of automakers in the country.
Leo Motors, a South Korea-based manufacturer of power trains and components, has signed a memorandum of understanding (MoU) with China-based Shenzhen Rui Li Da Shebei (SRLDS).
Motherson Sumi Systems, the flagship company of the Samvardhana Motherson Group, has signed an agreement to purchase a 80 percent stake in Peguform Group, a provider of vehicle interiors and exteriors.