Archive for September, 2012

Production Line

Toyota to decrease production of certain Lexus models in China

Toyota Motor Corporation (NYSE: TM) (LSE: TYT) (TYO: 7203), a Japan-based automaker, is decreasing the production of some Lexus models that are to be sold in China. The automaker is taking this step as protests and acts of vandalism there …

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Peugeot to develop 54 units of limited edition 208 GTi

Peugeot, a France-based automaker, is developing 54 limited edition units of the upcoming 208 GTi, which is being unveiled at the Paris Motor Show. 29 of the models are

Hyundailogo

Hyundai reveals details of upcoming three-door i30

Hyundai Motor Company (KSE: 005380), a South Korea-based automaker, is has released details of its three-door i30 ahead of its launch at the 2012 Paris Motor Show. The vehicle

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Ford to cut several hundred jobs in Europe

Ford Motor Company (NYSE: F), a United States-based automaker, is planning to cut several hundred jobs in Europe. The automaker is taking this step because of a decrease in

Allianz collaborates with Volkswagen Financial Services

Germany-based Allianz SE (ALVG.DE) is collaborating with Volkswagen Financial Services (AG VOWGF.UL) to form a joint venture named Volkswagen Autoversicherung AG. The joint venture is to sell car insurance

Production Line

Fiat plans to start production of cars at idled Italian plants

Fiat SpA (NYSE: FIA) (ISE: IT0001976403), an Italy-based automaker, is planning to start production of cars at its idled Italian plants to be sold in the United States,

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General Motors sells two million vehicles in China in 2012

General Motors Corporation (NYSE: GM), a United States-based automaker, has sold two million cars in China in 2012. The automaker achieved this milestone on September 21, 2012. It stated

Hyundailogo

Hyundai establishes auto financing JV in China

Hyundai Motor Group (KSE: 005380), a South Korea-based automaker, has established an auto financing joint venture in China. The automaker has set up an auto financing joint venture to

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Honda Motor India to launch 100cc motorbikes in India

Honda Motor India, a subsidiary of Honda Motor Company (NYSE: HMC) (TYO: 7267), is planning to launch its new 100cc models in India. The automaker is taking this step

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Kia Motors Corporation unveils K3

Kia Motors Corporation (KSE: 000270), a South Korea-based automaker, has unveiled details of its K3 compact sedan model for the 2014 model year. The vehicle will be sold under

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