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Business - Companies
Renault threatens to close two sites in France: unions
Posted Jan 23rd 2013, 10:48am by AFP
... Business Companies Automotive Renault Agence France-Presse in Paris Managers of French automaker Renault threatened to close two sites in France unless trade unions agreed to measures aimed at raising the group’s competitive performance, union officials said. “The management warned us: ‘If you don’t sign, two sites could be closed’,” an official of the FO union told AFP. ...
http://www.scmp.com/business/companies/article/1134259/renault-threatens-close-two-sites-france-unions -
Business - Companies - Detroit auto show
Fast and furious: muscle car Shelby targets tuners
Posted Jan 16th 2013, 10:24am by AFP
... Business Companies Automotive Ford Agence France-Presse in Detroit Shelby American, the classic builder of hyper-powered muscle cars with the bulked-up Mustang styling, took aim at the tuner generation Tuesday with a new compact based on Ford’s Focus. The this year Shelby Focus ST is the company’s first push back to the four-cylinder “pocket rocket” sector since founder ...
http://www.scmp.com/business/companies/article/1129255/fast-and-furious-muscle-car-shelby-targets-tuners -
Business - Companies - Detroit auto show
Lincoln and Cadillac struggle to get luxury groove back
Posted Jan 16th 2013, 12:43pm by AFP
... Business Companies Automotive Luxury Agence France-Presse in Detroit Luxury carmakers should be smiling. The resurgent US market, China’s booming wealth sector and other rising large economies, are delivering strong sales to the likes of BMW, Mercedes Benz and Bentley. But not venerable American brands like Ford’s Lincoln and General Motors’ Cadillac. It’s been decades since ...
http://www.scmp.com/business/companies/article/1129336/lincoln-and-cadillac-struggle-get-luxury-groove-back -
Business - Companies - Detroit auto show
Does everyone think someone else should drive a green car?
Posted Jan 16th 2013, 10:35am by AFP
... Business Companies Automotive Environment Agence France-Presse in Detroit The green car market is only inching along in the United States, hampered by high comparative costs and limited ranges on pure electric vehicles, but automakers remain confident their time will come. “Everybody thinks that everybody else should be driving a green car,” said Dave Sergeant, an auto analyst ...
http://www.scmp.com/business/companies/article/1129266/does-everyone-think-someone-else-should-drive-green-car -
Business - Companies
US stake sale of GM to revive image
Posted Jan 14th 2013, 11:25am
... of automotive analysts. “People will be more focused on the things that they should, which is our underlying operations.” The US Treasury outlined plans last month to sell its GM stake over the next 12 ...
http://www.scmp.com/business/companies/article/1127736/us-stake-sale-gm-revive-image -
News - World - AUTOMOBILES
Ferrari hits the brakes in bid to retain exclusivity
Posted May 09th 2013, 12:00am by AP
... News World Ferrari Automotive Industry Associated Press in Maranello, Italy Chairman signals production cut, says growth in engine business will offset lower revenue Ferrari will limit sales of its high-performance street cars this year to protect the brand's aura of exclusivity, chairman Luca Montezemolo said yesterday. Wealthy people around the world are snapping up ...
http://www.scmp.com/news/world/article/1233314/ferrari-hits-brakes-bid-retain-exclusivity -
Business - Companies
Luxury e-car firm on drive to save cash
Posted Mar 30th 2013, 12:00am by Bloomberg
... was reported on Thursday by the Wall Street Journal . Fisker Automotive, with celebrity customers including singer Justin Bieber and actor Leonardo DiCaprio, has sold about 2,500 Karmas in the past two ...
http://www.scmp.com/business/companies/article/1202837/luxury-e-car-firm-drive-save-cash -
Mainland vehicle exports seen falling short of targets
Posted Oct 23rd 2008, 12:00am by Kandy Wong
... Automotive Industry Kandy Wong Mainland carmakers are likely to miss their export targets for the year as the weakened global economy affects sales. Local carmakers, such as Great Wall Motor, Brilliance China, BYD, Chery Automobile and Geely Automobile Holdings, face the double challenge of slower overseas sales and a highly competitive domestic market. 'It will not be bad ...
http://www.scmp.com/article/657286/mainland-vehicle-exports-seen-falling-short-targets -
Business - Companies
Daimler seeking stake in China's BAIC Group
Posted Jan 31st 2013, 02:45pm by AFP
... for stock listing Beijing Automotive Group to list car unit BAIC Motor ...
http://www.scmp.com/business/companies/article/1140203/daimler-seeks-stake-china-car-maker-report -
Business - Companies
French fume over mocking snub by US businessman
Posted Feb 27th 2013, 12:00am by Kevin Rafferty
... Business Companies Titan International Michelin Automotive Industry Kevin Rafferty France in a tizz overAn American businessman's declaration that French workers are lazy and over-paid has brought anger and counter-insults in return The grim routine of economic life in Europe and efforts to get to grips with intractable problems of high unemployment, heavy deficits ...
http://www.scmp.com/business/companies/article/1159322/french-fume-over-mocking-snub-us-businessman
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