LONDON (AFP) - Lotus have set their sights on a top-three finish in this year's Formula One (F1) world championship after becoming the first team to unveil their car for the forthcoming campaign.
DETROIT, Michigan (AFP) - Honda Motor is ramping up production in the United States (US) and expects to double its US-made vehicle exports in the next few years, a senior Honda official said on Wednesday.
FRANKFURT (REUTERS) - General Motors' (GM) European unit Opel has named Mr Michael Lohscheller, who helped turn around Volkswagen's (VW) loss-making United States (US) operations, as its new chief financial officer (CFO) as part of a broader management reshuffle.
(REUTERS) - United States (US) safety regulators said they are investigating possible throttle-control problems with an estimated 730,000 older model Ford Escape and Mazda Tribute small sport utility vehicles (SUVs).
PARIS (REUTERS) - France made clear on Wednesday it is not prepared to provide aid to struggling carmaker PSA Peugeot Citroen unless it makes concessions that could include suspending dividends.
PRAGUE (AFP) - Czech-based carmaker TPCA, a joint venture between France's PSA Peugeot Citroen and Japan's Toyota, said on Tuesday it would cut 345 jobs from its 2,800 work force amid declining sales.
TOKYO (REUTERS) - Mitsubishi Motors said on Tuesday it has added production of the Outlander Sport compact sport utility vehicle to its Normal, Illinois, factory in a move that will eventually double output and turn the plant into an export hub.
PARIS (AFP) - The head of French carmaker PSA Peugeot, Mr Philippe Varin, said on Tuesday that the firm had no choice but to close its historic Aulnay plant north of Paris as he defended a shock announcement to cut 8,000 French jobs.
PARIS (REUTERS) - The decline in French new car orders deepened in June, according to a dealership survey, casting further gloom over PSA Peugeot Citroen and Renault's domestic outlook.
BANGKOK (REUTERS) - Toyota Motor's Thai unit said on Tuesday it expected the Thai automotive industry to achieve record sales of 1.2 million units in 2012, helped by government subsidies.