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GM thinks auto industry is in for some bad times in the Middle East


Hurt by uncertainty and political crisis in markets such as Egypt and Syria, General Motors said it expected the automobile industry in the Middle East to show growth that is sustainable, but at a slower rate than in the last few years. The U.S. automaker temporarily closed its Egyptian assembly plant outside of Cairo last month, and shut its local office, ...
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Mexico sets records for car production and exports in January
Mexico set auto production and export records in January, as its output of cars and light trucks rose 20 percent compared with January 2012 to 242,855 units. The Mexican Automobile Industry ...
Peugeot and Renault should collaborate more closely, former EADS boss says
PSA Peugeot Citroen and Renault must collaborate more closely for the French automobile industry to gain a competitive advantage, former EADS CEO Louis Gallois said today. Gallois, who recently delivered a ...
European automotive market will shrink for a fifth consecutive year in 2012 – Forecast
The automobile industry and its suppliers are major providers of jobs in the European Union. However, the sector is undergoing considerable transformation and harmful restructuring exercises translating into tremendous pressures ...
Great Wall Sees Net Profit Up Almost 27% in 2011
In 2011 Great Wall saw earnings of 3.43 billion yuan ($543.89m) in net profit, 26.86% higher than it was in 2010. The company’s total business returns for the year totaled 30.09 ...
Peugeot, Fiat post highest sales decline in Europe
PSA Peugeot Citroen, Fiat and General Motors lost the highest number of sales in Europe in five months amid the economic slowdown of the region. New-car registrations in November declined 3 ...
Opel warn on slowing demand in Europe
After Scania, now General Motors' European arm – Opel warns about a possible decrease of new car sales in Europe next year. Last time, Scania AB, the Swedish automotive industry manufacturer ...
Skoda marks 10m milestone in Czech Republic
The Czech based automaker Skoda has just celebrated the ten millionth car that came off the assembly line at the local plant in Mlada Boleslav, with the landmark model being ...
European Automobile Industry Report 09/10 available on-line now
The European Automobile Manufacturers’ Association ACEA has published, today, the ‘European Automobile Industry Report 09/10’ and the accompanying leaflet ‘Automobile & Society – State of Affairs, Priorities of the Future’. In ...

latest automotive news
Mercedes-Benz officially unveils the Concept Coupe SUV
Mercedes-Benz has officially taken the wraps off the new Concept Coupe SUV during the 2014 Auto China Beijing motor show ...
BMW unveils Vision Future Luxury concept for Beijing
The German brand has decided to surprise us all and unveil their latest idea about the automotive’s company main segment ...
Team, driver deny Vettel ignored team order
Apr.20 (GMM/Inautonews.com) F1 has its next 'team orders' saga. World champion Sebastian Vettel on Sunday answered "tough luck" when told ...
Lotus bullied over budget cap axe – Lopez
Apr.20 (GMM/Inautonews.com) Lotus team owner Gerard Lopez on Sunday indicated he was unhappy to have joined the opposition against ...
Vettel refuses to obey Red Bull team order
Apr.20 (GMM/Inautonews.com) World champion Sebastian Vettel refused to obey Red Bull's team orders during the Chinese grand prix. As his ...
Father Jan at races distracting – Magnussen
Apr.20 (GMM/Inautonews.com) It seems Jan Magnussen will not be a regular fixture at grands prix this year. The former F1 ...
Whitmarsh set for $10m McLaren payout – report
Apr.20 (GMM/Inautonews.com) Ousted boss Martin Whitmarsh could walk away from McLaren with a $10 million payout. Last month, when Eric ...
Total fuel damaging fuel sensor – FIA’s Lom
Apr.20 (GMM/Inautonews.com) The fuel supplied by French oil giant Total could be causing Red Bull's repeated problems with the ...
Newey with Webber at Silverstone, not in China
Apr.20 (GMM/Inautonews.com) Adrian Newey chose overcast Silverstone over smoggy Shanghai for the weekend of the Chinese grand prix. Speed Week ...
Rivals expect another Mercedes win in China
Apr.20 (GMM/Inautonews.com) Dominant Mercedes' main rivals are not confident the silver-clad team can be beaten in China. Although buoyed by ...
F1 set for cost-cutting summit on 1 May
Apr.20 (GMM/Inautonews.com) F1 will move to put cost-cutting efforts back on the agenda during a May 1 meeting. Earlier, it ...
Dennis hits back at Horner’s stance on Fallows
Apr.20 (GMM/Inautonews.com) Ron Dennis is keeping the pressure on Red Bull, after an employee reneged on a deal to ...
Female lawyer to help Ecclestone run F1
Apr.20 (GMM/Inautonews.com) Bernie Ecclestone will lean heavily on the help of a 44-year-old woman when his corruption trial begins ...
McLaren taking Red Bull dispute to high court – Dennis
Apr.19 (GMM/Inautonews.com) Ron Dennis on Saturday confirmed McLaren will likely take its dispute with world champions Red Bull all ...
Vettel admits ‘struggling’ to beat Ricciardo
Apr.19 (GMM/Inautonews.com) World champion Sebastian Vettel on Saturday admitted he needs to up his game. The German has won the ...
Lauda denies 80hp advantage for Mercedes
Apr.19 (GMM/Inautonews.com) Niki Lauda has rejected suggestions Renault is trailing the pace by a figure of 80 horse power. Red ...
Mercedes wanted three-race ban for Red Bull
Apr.19 (GMM/Inautonews.com) Mercedes wanted reigning world champions Red Bull to serve a three-race ban for appealing against its Melbourne ...
‘Tactical’ rivals playing down chase – Rosberg
Apr.19 (GMM/Inautonews.com) Nico Rosberg is sure Red Bull is playing down its title chances for "tactical" reasons. Although Mercedes' chasers ...