Headlines for Tuesday, January 15, 2013
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Renault aims to cut 7,500 posts in France by 2016
Renault aims to cut 7,500 posts in France by 2016. The cuts are needed to reach the break-even level at its automotive operations, the company said. Read More »
Russia sales forecast to be flat in 2013
Russian car sales have slowed and are expected to be flat in 2013 after record volumes last year, industry figures showed, as drivers curb spending with an eye to economic troubles in Europe and the United States. Read More »
Volvo's new CEO Samuelsson learning the ropes
Hakan Samuelsson, the new Volvo CEO, was not at all what I expected when he turned up for his first Detroit auto show. Read More »
Fiat plans layoffs to ready Melfi plant for new models
Fiat has asked the government to approve a special layoff scheme at its Melfi plant in central Italy for two years to restructure the factory before production of new models begins, the carmaker said on Tuesday. Read More »
Jeep ponders output in China and Russia, Marchionne says
Chrysler's Jeep brand is working to find the right solution to produce vehicles in China and Russia, but has nothing specific to announce at the moment,Fiat-Chrysler CEO Sergio Marchionne said. Read More »
Supplier Sogefi to fund expansion with 215 million euros in loans
Italian partsmaker Sogefi said on Tuesday it had signed two loan agreements for a total of 215 million euros ($287 million) to help fund international expansion. Read More »
Maserati flagship leaves Chrysler roots behind
Maserati CEO Harald Wester gets mad when he hears that the new Quattroporte is based on Chrysler underpinnings. Read More »
Zetsche says Daimler must fix China operations to catch BMW, Audi
Daimler CEO Dieter Zetsche said the Mercedes brand must turn around its struggling Chinese operations to catch up with BMW and Audi. Read More »
GM, VW global sales for 2012 trail Toyota's forecast for year
GM failed to outsell Toyota's forecasted 9.7 million deliveries for 2012 while narrowly beating Volkswagen. Read More »
Europe woes won't derail Ford's momentum, executives say
A more profitable lineup and lower costs protect Ford from persistent weakness in Europe and increased competition in the U.S. auto market, Ford executives said. Read More »
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Opel will replace Astra with Zafira at Ruesselsheim plant
EU-China trade dispute could put European carmakers' sales at risk
VW offers free inspections in Australia over gearbox worries; no recall planned
Adhesives tapped to make cars lighter, tougher
GM may not build next-generation Aveo in S. Korea; union threatens strike
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