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MALAYSIA: BMW assembler Sime Darby delays automotive IPO

6 May 2015 | Staff reporter

MALAYSIA: BMW assembler Sime Darby delays automotive IPO Staff reporter Malaysian diversified conglomerate Sime Darby has cancelled an initial public offering (IPO) for its automotive business which ... read more


BRAZIL: Fiat profit down 81% in 2013

15 May 2014 | Graeme Roberts

BRAZIL: Fiat profit down 81% in 2013 Graeme Roberts Only two automakers – Fiat and Renault – are organised in Brazil as PLC companies and therefore obligated by law to issue financial res... read more


INDIA: Labour strife hits Maruti Suzuki profits

30 October 2012 | Graeme Roberts

INDIA: Labour strife hits Maruti Suzuki profits Graeme Roberts Maruti Suzuki has reported a 5.4% fall in second fiscal quarterly profit, its fifth straight such dip, after it was hit by production ... read more


RUSSIA: City official says St Pete plants not profitable yet

25 April 2012 | Graeme Roberts

RUSSIA: City official says St Pete plants not profitable yet Graeme Roberts Car makers located in St Petersburg - dubbed the Detroit of Russia by some industry observers - continue to operate at a lo... read more


JAPAN: Toyota scraps forecast as Thai floods hit

8 November 2011 | Graeme Roberts

JAPAN: Toyota scraps forecast as Thai floods hit Graeme Roberts Toyota has followed Honda in scrapping profit forecasts after Thailand’s worst floods in almost 70 years hit efforts to recover f... read more


INDIA: Costs reduce Motherson Sumi Q1 profit

29 July 2011 | Graeme Roberts

INDIA: Costs reduce Motherson Sumi Q1 profit Graeme Roberts Motherson Sumi Systems has posted a lower than expected 10% rise in quarterly profit due to higher costs. The world's largest maker of r... read more


INDIA: Motherson Sumi takes control of Peguform

14 July 2011 | just-auto.com editorial team

INDIA: Motherson Sumi takes control of Peguform just-auto.com editorial team Indian automotive components firm Motherson Sumi Systems has acquired an 80% stake in Germany-based plastics component mak... read more


CHINA: BAIC unit close to Inalfa completion

27 June 2011 | just-auto.com editorial team

CHINA: BAIC unit close to Inalfa completion just-auto.com editorial team Beijing Hainachuan Automotive Parts, a subsidiary of BAIC Group, has said its acquisition of Inalfa Roof Systems will be compl... read more


CZECH REPUBLIC: Toyota-PSA JV profits 2010 flat as sales dip

23 March 2011 | just-auto.com editorial team

CZECH REPUBLIC: Toyota-PSA JV profits 2010 flat as sales dip just-auto.com editorial team TPCA, the car-making joint venture between Toyota and PSA Peugeot Citroen in the Czech Republic, said 2010 pr... read more


BRAZIL: New automaker players eye government incentives

24 January 2011 | Fernando Calmon

BRAZIL: New automaker players eye government incentives Fernando Calmon Approval of incentives by Brazil's federal government, in conjunction with the north east regional Pernambuco government, res... read more


INDIA: Motherson Sumi Systems eyes Europe acquisition

13 August 2010 | Satnam Singh

INDIA: Motherson Sumi Systems eyes Europe acquisition Satnam Singh Motherson Sumi Systems Ltd (MSSL) is looking for an acquisition in Europe to complement its main automotive business, a top executiv... read more


CZECH REPUBLIC: Lawmakers green light scrappage scheme

10 September 2009 | just-auto.com editorial team

CZECH REPUBLIC: Lawmakers green light scrappage scheme just-auto.com editorial team The Czech parliament has overridden a presidential veto and given the go-ahead to a scrap-for-new scheme to boost c... read more


CHINA: BAIC stake to fund Saab buy

9 September 2009 | just-auto.com editorial team

CHINA: BAIC stake to fund Saab buy just-auto.com editorial team State-run Beijing Automotive Industry Holdings - joint venture partner in Mercedes-Benz and Hyundai car assembly units in China - will ... read more


CHINA: Opel bid stumbled on IPR issues - Beijing Auto

24 July 2009 | just-auto.com editorial team

CHINA: Opel bid stumbled on IPR issues - Beijing Auto just-auto.com editorial team China's Beijing Auto said intellectual property issues were behind its failure to reach a deal to buy General Motors... read more


CHINA/US: New bidder emerges for Volvo Cars

11 June 2009 | just-auto.com editorial team

CHINA/US: New bidder emerges for Volvo Cars just-auto.com editorial team Beijing Automotive Industry Holding (BAIC) has shown interest in buying Ford's Volvo car unit, according to media reports. ... read more


US: Lear takes big stake in Chinese fabric maker

16 June 2008 | just-auto.com editorial team

US: Lear takes big stake in Chinese fabric maker just-auto.com editorial team Lear Corporation is to acquire a 75% share of the automotive fabric business of New Trend Group.  Financial terms of... read more


CHINA: Fiat spending $2bn to boost China sales

3 July 2007 | just-auto.com editorial team

CHINA: Fiat spending $2bn to boost China sales just-auto.com editorial team Italian industrial giant Fiat Group plans to spend more than 16bn yuan ($US2.1bn; EUR1.55bn)in China in the years to 2010 t... read more


INDIA: Tata raising money to expand

21 June 2007 | just-auto.com editorial team

INDIA: Tata raising money to expand just-auto.com editorial team Indian automaker Tata Motors plans to raise $US450m from global markets to fund its expansion plans, according to a local report. T... read more


CHINA: Glass maker may get credit upgrade

18 May 2007 | just-auto.com editorial team

CHINA: Glass maker may get credit upgrade just-auto.com editorial team Xinhua Far East China Ratings is reviewing the BB+ issuer credit rating of Fuyao Group Glass Industry (Fuyao) on review for a po... read more


CZECH REPUBLIC: Skills shortage boosting east's auto industry pay

19 March 2007 | just-auto.com editorial team

CZECH REPUBLIC: Skills shortage boosting east's auto industry pay just-auto.com editorial team Car manufacturers crowding into central Europe are confronting higher demands for wages and fringe benef... read more