The closure of General Motors’ Opel factory in Bochum, Germany, is set to cost at least €550 million ($754.41 million), sources said.
Category Archives: General Talk
Ford, Renault, Opel and PSA gain as European sales rise 4%
New-car registrations in Europe rose 4 percent in April with mass-market automakers Renault, Ford, Opel and PSA showing stronger growth than premium brands.
Registrations in the EU and EFTA markets increased to 1.13 million vehicles from 1.08 million a year earlier, industry association ACEA said today in a statement. Four-month sales gained 7 percent to 4.48 million.
Suppliers slow to adjust forecasts upwards despite signs of EU recovery
Europe’s recovering car market should boost the 2014 outlook for the world’s biggest auto parts suppliers, but slow economic growth has caused component makers to refrain from raising their forecasts.
Next-generation BMW M3 & M4 could use a turbocharged four cylinder engine
Engine downsizing is not a trend, but purely a way to offer more fuel efficient engines that also comply with tougher emission standards. All this is possible thanks to recent technologies with smaller turbo engines providing the power of a larger engine.
Next Nissan EVs: Mainstream look, better battery
For the next-generation Leaf (photo current Leaf) electric vehicle, Nissan plans more mainstream styling and a new battery that greatly increases the car’s range. And Infiniti’s delayed electric car will debut with the improved battery by early 2017.
