PSA Peugeot Citroen’s 2012 priorities include cutting costs by E1 billion, successfully launching four cars in Europe and reducing debt. The auto maker also will continue expanding in China, Russia and Latin America....More
Sales grew 35% year-on-year in North America, where light-vehicle output increased 11%. The overall production increase coincides with Faurecia’s new contracts....More
A long list of auto makers now is onboard and supplying Infomedia with parts data to help dealers compile fast, accurate service quotes. Here in the U.S., the company has deals with GM, Toyota and Chrysler so far....More
The auto maker’s R&D chief says Li-ion battery costs will have to fall by at least 40% before electric vehicles begin capturing market share from gasoline-powered cars at current fuel prices....More
The WardsAuto forecast calls for U.S. auto makers to sell 1.09 million LVs this month, lifting the SAAR to 14 million-plus units for a second consecutive month.
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