Automotive industry

A top executive of Tofaş, a joint venture between Turkey's Koç Holding and Fiat-Chrysler Automotive (FCA), has been transferred to run FCA's new U.S. factory in Michigan. 

BMW has decided to reveal the new pick up truck that we will see hitting the road in about two years time.

Our Greek microcosm goes to bed and wakes up with the pending bailout review, looking at the comings and goings, the toing and froing of government officials as they pretend to unload their ammunition against the auditors. The government has been lying to us for the past year, announcing progress every week and proclaiming the review's end every month.

Turkey's automotive production surged to a record high in the first two months of the year, data from the Automotive Industry Association (OSD) showed, propelled by strong car exports.

The number of registered vehicles on Turkey's roads increased 15.9 percent year-on-year in January 2017, reaching more than 21.2 million, the country's statistics authority revealed on March 10.      

A total of 128,648 first- and second-hand vehicles were registered in the first month of the year, according to the Turkish Statistics Institute (TÜİK).      

Peugeot’s 3008 has been crowned Car of the Year, by a jury of 58 motoring journalists from 22 European countries. The striking SUV with its compelling i-Cockpit human-machine interface emerged victorious from a shortlist also including the Alfa Romeo Giulia, Citroën C3, Mercedes-Benz E-class, Nissan Micra, Toyota C-HR and Volvo S90/V90.

General Motors Co. is selling its loss-making European car business - including Germany's Opel and British brand Vauxhall - to French automaker PSA group.

"A meeting was held in a very positive atmosphere today between representatives of [state assets custodians] BAMC and SSH and Cimos's clients," BAMC, the Slovenian bad bank, wrote today after it become clear a few days ago that the Italian fund Palladio Finanziaria would not acquire the indebted company.

Around 1,800 people have died over the past year, between the death of popular singer Pantelis Pantelidis in February 2016 and Sunday's tragic accident in which four people were killed on the Athens-Lamia national highway, road safety expert Tassos Markouizos told Skai on Tuesday.

Automotive production in Turkey surged 31 percent year-on-year in the first month of 2017, an Automotive Manufacturers' Association (OSD) report showed on Feb. 10.