Headlines for Thursday, January 24, 2013
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Renault will build new Nissan hatchback in France, report says
Nissan plans to build its a new hatchback at one of alliance partner Renault's French factories, a French newspaper reported. Read More »
PSA-GM joint vehicle programs will use French carmaker's platforms
General Motors and PSA will build joint vehicle programs using underpinnings from the French automaker. The first vehicles from the tie-up are due in 2016. Read More »
Mitsubishi recalls 14,700 EVs globally over brake problem
Mitsubishi said it will recall about 14,700 electric vehicles globally, including some PSA models, due to a brake pump problem. Read More »
JLR profit growth stalls on Evoque's growing share of sales
Jaguar Land Rover said fiscal third-quarter profit growth probably stalled because of currency shifts and its cheaper Evoque SUV model attracting a higher share of buyers. Read More »
Ghosn says Renault must act to lift French competitiveness
Renault CEO Carlos Ghosn said the automaker must take action to increase productivity. 'The best thing we can hope for is a market stabilization' in Europe, he said. Read More »
Toyota, BMW sign agreement for fuel-cells, sports car
Toyota and BMW are tightening technical ties with plans to jointly develop a sports car platform, lithium-air batteries and new lightweight materials. Read More »
Europe's crisis forces Renault to get tough
Faced with steep sales declines, Renault may dare the previously unthinkable: Closing unproductive car plants in France. Read More »
VW plans extra shifts to meet demand for new Golf
Volkswagen says it is planning additional weekend production to meet demand for the latest version of its best-selling Golf which went on sale at the end of last year. Orders for the seventh-generation model have exceeded 100,000 cars, the company said. Read More »
Volkswagen joins other carmakers investing in Spanish output
Volkswagen plans to invest 785 million euros ($1 billion) over the next 5 years in a plant in northern Spain that builds the subcompact Polo model. VW is the third carmaker in recent months to boost investment in the recession-hit country. Read More »
