According to automotive analysts ASM-Holding, employment in the Russian auto industry has declined 10.5% since May 2014, from 205,134 to 183,534 workers, and a new wave of layoffs may take place by the end of the year....More
The Association of European Businesses Automotive Industry Committee says year-to-date deliveries are down 33.0% at 1,192,723 units, and committee Chairman Joerg Schreiber says a poll of members indicates a full-year slide of 37%....More
The Association of European Businesses Automobile Manufacturers Committee says the result was an improvement on July’s 27.5% tumble and left the year-to-date total down 33.5% at 1,051,851 units....More
While first-half sales fell 36% from like-2014, July’s 27.5% decline reflected “mostly the low-base effect of a poor market showing in the corresponding period last year,” industry spokesman George Schreiber says....More
While deliveries last month fell 29.7% to leave the Russian market’s first-half result down 36.4% from prior-year, an industry group predicts full-year sales will finish 36% behind the 2014 total....More
Industry spokesman Joerg Schreiber notes “ general customer activity is undergoing a mild reactivation, thanks to a gradual reduction in bank interest rates and new-car prices supported by a more robust ruble exchange rate.”...More
The success of Detroit Diesel's heavy-duty engine program that launched in 2008 led to securing a new cylinder-head machining line in 2012, followed by production of turbochargers in 2014, DT12 transmissions in 2015 and final-drive gearsets in 2016.
On Jan. 12, the EPA dropped a bomb on FCA, charging the automaker with using “defeat” devices to allow its award-winning 3.0L EcoDiesel V-6 to emit illegal levels of pollution. Two months later, answers remain elusive....More
WardsAuto editors are evaluating 31 vehicles as part of the 2017 Wards 10 Best Interiors competition, which began in early February and will conclude early next week. Winners will be announced April 17 and will be recognized at the WardsAuto Interiors Conference May 9 in Detroit.
Automakers are updating their vehicle interiors with unprecedented speed, eager to integrate new technologies, softer leather, better sound systems and richer colors. WardsAuto will announce winners April 17....More