Headlines for Monday, April 30, 2012
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European executives assess a market in turmoil
The European auto industry has been rocked by overcapacity, high debt and lagging sales. Read More »
Suppliers' opinions sought for key survey
The 8th annual Automotive News Europe/SupplierBusiness OEM-supplier relations online survey is underway. Suppliers around the world are invited to take part in the survey, which asks partsmakers to rate their automaker customers on everything from commercial aspects to organizational issues. Read More »
Mercedes may regain No. 2 premium sales position from Audi by 2015, study says
Mercedes may regain its position as the world's second-largest manufacturer of luxury cars in 2015 after losing it to Audi last year, a German newspaper reported, citing forecasts from the Center of Automotive Research at the university of Duisburg-Essen in Germany. Read More »
Renault may sign Algeria factory deal, source says
Renault may sign an agreement in early May to build a factory in Algeria, an industrial source told Reuters. CEO Carlos Ghosn had confirmed the ongoing discussions on Feb. 9 on the sidelines of a ceremony to inaugurate a plant in neighboring Morocco. Read More »
Porsche's Mongolian push shows Chinese wealth heading inland
Forget Beijing or Shanghai. Porsche, Maserati and Bentley are taking the fight for China's rich to the deserts of Inner Mongolia. Read More »
