Renault-Nissan CEO Carlos Ghosn has been elected to succeed former PSA/Peugeot-Citroen chief Philippe Varin as president of ACEA, the European auto industry’s lobbying body. The change takes effect immediately, ACEA said Monday.
Chrysler reports $690 million first quarter loss
Chrysler posted a loss of $690 million for the January-March period. Without one-time costs of $1.2 billion, the company’s net income more than doubled to $486 million.
Ariel Atom 3.5R unveiled with 350bhp, priced at £80,000
Ariel Atom just got even more interesting with the launch of a new Atom 3.5R special edition.
Maserati, VW lead foreign automakers making inroads in Japan
Maserati, Volkswagen Group and other foreign automakers are having their best sales streak in years in Japan, as the economy improves and consumers like Taichi Matsukura try to stand out amid a sea of Toyotas.
Volkswagen brand delivers almost 2M vehicles globally in period to April
The Volkswagen brand delivered almost two million vehicles for the first time in the first four months of a year, 46% of them to China.
