• Newswire

    TRW Shareholders OK Takeover by ZF  

    Of the 81% of shareholders controlling TRW's equity capital, 79% approved the $12.4 billion takeover by ZF, another major automotive supplier....More
  • Newswire

    FCA Expanding Scope of Chinese Joint Venture  

    Fiat Chrysler, which already has reached a deal with Guangzhou Automobile to manufacture Jeep-brand SUVs for the Chinese market, says the automakers now will collaborate on product planning, aftersales, marketing and sales....More
  • Newswire

    Foreign Automakers Facing Headwinds in China's Luxury Market  

    Analysts expect China's growth rate to slow to 5% by 2018, but foreign automakers such as Daimler and Jaguar Land Rover are launching or expanding production in what remains the world's biggest automotive market....More
  • Newswire

    UPDATE 1-Renault targets up to 75,000 vehicles/yr at new Algeria plant  

    (Adds details, background) PARIS/Oran, ALGERIA, Nov 10 (Reuters) - French carmaker Renault opened its first plant in Algeria on Monday at a cost of 50 million euros ($62 million) to boost its presence in Africa's second-biggest auto market. The group set an initial production target of 25,000 vehicles a year that could triple for the factory in Oued Tlelat, in the Oran region, which will produce the new Renault Symbol model....More
  • Newswire

    New Daimler R&D Center Gears Mercedes-Benz to Chinese Tastes  

    Mercedes-Benz parent Daimler, bidding to catch BMW and Audi in Chinese sales, will use the R&D center to more closely tailor Mercedes cars to affluent buyers....More
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