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  • Newswire

    Mitsubishi Investing $600 Million in Indonesia Expansion  

    Mitsubishi is among Japan's second-tier automakers looking to expand in Southeast Asia to counter declining sales in their home market....More
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    Hyundai Reportedly Plans Additional Plant in China  

    The Korean automaker's Chinese joint venture plans to build a factory in Hebei province ahead of the previously announced Chongqing facility, sources familiar with the issue say....More
  • Newswire

    UPDATE 2-Germany's ZF agrees $13.5 bln TRW buy to position for self-drive cars growth  

    * All-cash deal to create group with sales of over $40 bln * ZF CEO says transaction is technology driven * ZF offers $105.60 in cash for each TRW share * Deal is premium of 16 pct above TRW closing price on July 9 * Price represents multiple of 7.6 times TRW's EBITDA in past year (Adds ZF CEO, analyst comments, writes through) By Soyoung Kim, Edward Taylor and Arno Schuetze...More
  • Newswire

    Ford India Launching 4 New Car Models By Early 2016  

    The automaker's sales in India rose 9.5% in the fiscal year that ended March 31, but acknowledges it will fall short of its goal of launching eight new models in India by the end of 2015....More
  • Newswire

    Opel to Market Low-Cost Family Car in Europe  

    The General Motors division says the Opel Karl and Vauxhall Viva will be aimed at the market segment being vacated by the Chevrolet brand at the end of 2015....More
  • Newswire

    Mitsubishi May Develop Indonesia Auto Plant  

    Mitsubishi Motors, of which trading house Mitsubishi Corp. owns a 10.1% share, said earlier it might build a new plant in Indonesia, which is courting investment by foreign manufacturers....More
  • Sep 10, 2014
    blog

    Wised-Up Suppliers Expand for New Tech, Not More Volume

    Even when running near 100% capacity, auto supplier margins are razor thin, so investing millions in new construction based on OEM sales projections and economic forecasts takes a major leap of faith....More
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