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.
WASHINGTON (AFP) - Ford is recalling about 8,270 2013 Escape sport utility vehicles (SUVs) due to a problem with carpet padding that can interfere with braking, the National Highway Traffic Safety Administration (NHTSA) said on Sunday.
PARIS (REUTERS) - French President Francois Hollande said on Saturday Peugeot must renegotiate a plan to lay off 8,000 workers to lessen its social impact and accused the carmaker of lying over its intentions and making serious strategic errors.
FRANKFURT (REUTERS) - Opel interim chief executive Stephen Girsky said changes have to be made at the carmaker to revitalise it, the German daily Bild said on Saturday, citing his e-mail to staff.
BERLIN (REUTERS) - Dominant carmaker Volkswagen (VW) reinforced its apparent immunity from the crisis engulfing Europe's auto industry, reporting a hefty sales rise and staying on course for another record year.
ANN ARBOR, Michigan (AFP) - Hyundai is facing vehicle shortages in the United States (US) after a blistering 10 per cent sales increase in the first half of 2012, the company's chief executive for the US John Krafcik said on Friday.
AULNAY-SOUS-BOIS, France (REUTERS) - Auto body painter Kamel Yousfi's extended family emigrated from Algeria to work for Peugeot-Citroen in the 1970s. So news that the factory outside Paris where he has worked for most of his adult life will close came as an unforgiveable betrayal.
FRANKFURT (AFP) - General Motors (GM) was pressed by unions on Friday to respect job pledges at its German unit Opel after the shock resignation of its chief executive and as Europe's car sector struggles with overcapacity.
MUMBAI (AFP) - India's Tata Motors-owned British luxury brands Jaguar and Land Rover will launch several sports cars and fuel-efficient engines in the next two years, Tata group chairman Ratan Tata said on Friday.
PARIS (REUTERS) - PSA Peugeot Citroen's shares sank to a 26-year low on Friday amid concerns that a politically fraught plan to axe 8,000 jobs and close one plant may not be enough to keep Europe's second-biggest automaker on the road.