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RUSSIA: Sales suspended as ruble crisis bites

18 December 2014 | Chris Wright

RUSSIA: Sales suspended as ruble crisis bites Chris Wright Car makers are pulling down the shutters at dealerships across Russia because of the currency crisis which has seen a 40% drop in the value ... 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


INDIA: JBM Cadmium acquires Tesco Go engineering services

4 January 2012 | Satnam Singh

INDIA: JBM Cadmium acquires Tesco Go engineering services Satnam Singh JBM Cadmium, part of JBM Group, has acquired Tesco Go, which provides product development engineering services to the auto, rail... 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


SOUTH AFRICA: Union claims strike costing industry R12m per day

17 August 2010 | Simon Warburton

SOUTH AFRICA: Union claims strike costing industry R12m per day Simon Warburton A South African union leading the country's widespread automotive strike claims the industry is losing up to R12.5m (US... read more


INDIA: Maruti shares tumble as income drops

26 July 2010 | just-auto.com editorial team

INDIA: Maruti shares tumble as income drops just-auto.com editorial team   Shares in India’s leading carmaker, Maruti Suzuki, fell the most in more than a year in Mumbai after first-qua... read more


CHINA: Volume and profits on the up

15 July 2010 | just-auto.com editorial team

CHINA: Volume and profits on the up just-auto.com editorial team Three major Chinese automakers have reported healthy first half 2010 sales rises and one, Changan Auto, is predicting a net profit ... read more


BRAZIL: GM announces further investment at Sao Paulo plant

2 June 2010 | just-auto.com editorial team

BRAZIL: GM announces further investment at Sao Paulo plant just-auto.com editorial team General Motors is to invest an additional US$384.62m to modernise and boost production at its Caetano do Sul pl... read more


HONG KONG: Geely shares dip after earnings fall

12 April 2010 | just-auto.com editorial team

HONG KONG: Geely shares dip after earnings fall just-auto.com editorial team Shares in Geely Automobile Holdings , the listed arm of China's largest private carmaker, fell over 5% after it posted a w... read more


CHINA: Volvo will give Geely crack at government sales

31 March 2010 | just-auto.com editorial team

CHINA: Volvo will give Geely crack at government sales just-auto.com editorial team Geely hopes to use its takeover of Volvo to crack China's growing luxury car market and become a global player usin... read more


CHINA: Beijing plant would double Volvo output

26 January 2010 | just-auto.com editorial team

CHINA: Beijing plant would double Volvo output just-auto.com editorial team Geely Zhejiang Holdings plans to almost double Volvo Cars' annual global production with a new factory in Beijing as part o... read more


CHINA: Auto franchiser eyes $1bn IPO

5 January 2010 | just-auto.com editorial team

CHINA: Auto franchiser eyes $1bn IPO just-auto.com editorial team Chinese automobile franchiser Zhongsheng Group aims to raise between US$800m and $1bn from a Hong Kong initial public offering in fir... read more


BRAZIL: Renault confirms new investment and Duster production

16 December 2009 | just-auto.com editorial team

BRAZIL: Renault confirms new investment and Duster production just-auto.com editorial team Renault Brazil has announced a US$550m investment here for the 2010-2012 period. It is the third automaker, ... read more


INDIA: Ruia Group buys German auto seal supplier

14 December 2009 | just-auto.com editorial team

INDIA: Ruia Group buys German auto seal supplier just-auto.com editorial team India's Ruia Group has acquired a 60% controlling stake in Henniges Automotive Grefrath, a German supplier of automotive ... read more


CHINA: Car sales surge as analysts predict lower 2010 growth

13 October 2009 | just-auto.com editorial team

CHINA: Car sales surge as analysts predict lower 2010 growth just-auto.com editorial team Car sales in China soared almost 84% year on year last month as government incentives continued to fuel an au... 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: 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: Automaker profit results mixed

23 January 2009 | just-auto.com editorial team

CHINA: Automaker profit results mixed just-auto.com editorial team China's SAIC Motor expects an over 50% fall in unaudited net profit in 2008, hit partly by its investment in Ssangyong Motor in Kore... read more


BRAZIL: State throws automakers' lifeline

12 November 2008 | just-auto.com editorial team

BRAZIL: State throws automakers' lifeline just-auto.com editorial team The Sao Paulo state government on Tuesday said it would extend a 4bn reais ($1.8bn) credit line to the local auto industry to he... read more


CHINA: Automakers seen joining up from '09

16 October 2008 | just-auto.com editorial team

CHINA: Automakers seen joining up from '09 just-auto.com editorial team China's auto industry will likely begin to consolidate from next year as slowing demand and rising materials costs hit margins,... read more


SOUTH AFRICA: Ford cuts jobs

16 September 2008 | just-auto.com editorial team

SOUTH AFRICA: Ford cuts jobs just-auto.com editorial team Ford is cutting jobs in South Africa. Acording to local website Fin24.com, around 800 of the company’s 4,000 employees have been offe... 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


MEXICO: Toyota Boshoku America consolidates units

9 January 2008 | just-auto.com editorial team

MEXICO: Toyota Boshoku America consolidates units just-auto.com editorial team Toyota Boshoku America has merged two automotive parts production subsidiaries in north-east Mexico. The supplier is ... read more


SOUTH AFRICA: Strike averted

20 August 2007 | just-auto.com editorial team

SOUTH AFRICA: Strike averted just-auto.com editorial team Vehicle manufacturers and trade unions in South Africa have reached a pay deal that has averted a strike. According to Reuters. the Nation... 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


ANALYSIS: Proton and Volkswagen moving closer

11 June 2007 | just-auto.com editorial team

ANALYSIS: Proton and Volkswagen moving closer just-auto.com editorial team Malaysia’s first national car company Proton and Volkswagen, Europe’s largest carmaker, are said to be close to agreeing a ... 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


CHINA: Good automaker profits expected

15 March 2007 | just-auto.com editorial team

CHINA: Good automaker profits expected just-auto.com editorial team China's publicly traded automakers are expected to report that their net profit more than doubled in 2006, thanks to strong sales a... read more


RUSSIA: Severstal partners with Stadco

9 October 2006 | just-auto.com editorial team

RUSSIA: Severstal partners with Stadco just-auto.com editorial team Russian car maker Severstal-Auto and UK automotive products supplier Stadco plan to set up a pressings joint venture, Severstal-Aut... read more