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Peugeot plans to cut 3,450 French jobs in 2015: sources
PSA Peugeot Citroen (PEUP.PA) is preparing to cut another 3,450 French jobs next year as the troubled carmaker pursues a recovery plan under new Chief Executive Carlos Tavares, two sources with knowledge of the matter said.
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U.S. opens probe into Honda reporting of Takata air bag failures
The U.S. National Highway Traffic Safety Administration said on Monday it will examine whether Honda Motor Co Ltd (7267.T) failed to report deaths or injuries involving air bags that are now part of a sweeping federal review.
Daimler buys into Agusta as motorbike and car tech converge
Daimler AG (DAIGn.DE) will buy 25 percent of Italian motorcycle maker MV Agusta IPO-MVAG.MI - the latest sign that motorbike and car technologies are converging, driven by a push to lower emissions and improve safety.
China's auto market growth may halve to 7 percent this year: industry body head
Growth in China's auto market, the world's biggest, will halve to 7 percent this year weighed down by a slowing economy, the head of an industry body said on Saturday.
By Samuel Shen and Kazunori Takada; Editing by Richard Borsuk
GM posts higher-than-expected profit on strong North American demand
General Motors Co (GM.N) on Thursday reported a higher-than-expected profit in the third quarter on strong demand for its redesigned full-size pickup trucks in North America.
As China gets tougher on fuel economy, some carmakers may be left behind
Chinese automakers from state-owned FAW Co to Zhejiang Geely are racing to sell more eco-friendly cars as they try to meet tough fuel economy rules due next year as part of Beijing's battle against pollution.
Volkswagen to recall over 580,000 cars in China: government
Volkswagen AG told China's quality watchdog that it planned to recall more than 580,000 cars in the country, after the agency launched an investigation in August.
