By Rose Kim
Hyundai, South Korea’s largest automaker, slumped to the lowest in more than three years on concerns that its third-quarter profit may miss analyst estimates and the company may increase spending.
Category Archives: General Talk
PSA’s third-quarter auto revenue falls despite pricing push
PSA/Peugeot-Citroen’s group revenue rose 1.6 percent in the third quarter, but a push to raise pricing failed to deliver higher revenue at its core manufacturing arm.
Daimler to shift some Sprinter production to North America from Germany
Daimler said it will build the next-generation Mercedes Sprinter van in North America, shifting some production from Germany to improve competitiveness.
Citroen withholds new C3-XR crossover from booming segment in Europe
Citroen’s new C3-XR subcompact crossover will remain a China-only vehicle after the brand ruled out European sales of the model.
Daimler considers stake in motorcycle maker MV Agusta, report says
Daimler is in advanced talks to take a minority stake in Italian motorcycle manufacturer MV Agusta, a source in Italy familiar with the situation said today.
