Toyota Motor Europe (TME) and PSA Peugeot Citroen (PSA) have signed an agreement that will see the PSA supply light commercial vehicles to TME from mid 2013. Under the agreement, PSA will produce a Toyota-branded medium-sized van based on ...
Jiangling Motors (JMC), which is 30% owned by Ford Motor, has agreed to acquire Taiyuan Changan Heavy Truck Company. As part of the deal, JMC will pay cash for the 80% stake currently held by China Changan Automobile and the remaining 20% ...
Tags: JMC, Taiyuan Changan, Ford
Hyundai Asia Resources Inc, the official distributor of Hyundai vehicles in the country, said that sales in the first 10 months grew 13% YoY, driven by a strong turnover in the passenger car category. Hari said in a report that it sold ...
Tags: Hyundai Car, sales, aoro, car
Commercial vehicle demand dropped 9.4%during October 2012 across EU to 147,211 units compared to the corresponding month in 2011. During the month demand for commercial vehicle shrank by 3.8%in Germany,8.6%in the UK,9.8%in France,16.4%in ...
Tags: commercial vehicle, EU, demand, registration