The latest in European Automotive Industry News
- GM will continue soccer sponsorship despite exit of global marketing chief
General Motors said it will not drop sponsorship deals with English soccer clubs Manchester United and Liverpool despite the dismissal of the company’s global marketing chief Joel Ewanick.
- No relief seen for battered euro-zone economy
The mood in businesses across the euro zone fell to a 34-month low in July, near levels last seen after the collapse of U.S. investment bank Lehman Brothers, the European Commission’s sentiment index showed, with morale falling across all sectors.
- Maruti Suzuki mulls options to remain India’s No. 1
Maruti Suzuki is weighing options to restore output of its most popular models as recurring labor disputes at one of its plants threaten the company’s lead in Asia’s third-largest car market.
- New Lotus owners scale back product expansion
The new owners of Lotus have scaled back plans to expand the UK sports car brand’s product lineup.
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