The latest in European Automotive Industry News
- GM purchasing chief Socia to succeed Wale as China boss
GM has appointed global purchasing chief Bob Socia as president of GM China, succeeding the retiring Kevin Wale, effective Oct. 1. Wale became president of GM China in 2005, growing sales from 560,000 units that year to 2.
- Italian car orders slump 35% in first 10 days of September
Car orders in Italy fell 35 percent in the first 10 days of September compared with the same period last year, as continued economic uncertainty kept consumers out of car showrooms, the president of the Italian foreign carmakers’ association UNRAE…
- Fiat 2012 results will be better than 2011, report says
Fiat’s 2012 results will be better than 2011 even though car sales in its Italian home market have slumped to levels last seen 40 years ago, Fiat Chairman John Elkann told news magazine Panorama, in an interview excerpt released on Wednesday.
- Russian car sales rise 15% in August
Sales of car and light commercial vehicles in Russia grew 15 percent year-on-year in August to 258,761 units, which was a record for the month, the Association of European Businesses said in a statement.
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