UK car manufacturing rose 5.8% to 1,343,810 in 2011
and ended the year with a 1.6% rise in December. CV output fell by just 1.4% to 121,312 in 2011 and
was down 2.7% in December. UK engine production rose by 4.9% to 2,504,054 in
2011, despite a modest 1.3% fall in December.
Zhejiang Youngman of China is poised to make a new
offer to buy bankrupt Saab, according to Reuters.
Saab's efforts to
find investors have been blocked by former owner General Motors Co.'s refusal
to permit a deal that would transfer its technology to a potential competitor and
Dagens Industri, a
Swedish business news organisation, says Youngman is preparing to submit an
offer of about £430 million for the bankrupt car firm.
The U.S. auto industry plans to add thousands of jobs
this year as sales continue to rebound and automakers look to produce more cars
in the United States to sidestep currency woes overseas, says theDetroit News.
The growth in
domestic manufacturing is coming as U.S. auto sales are recovering from
historic lows during the recession.
Fiat will supply
100,000 small diesel engines annually to Maruti Suzuki India Ltd. for three
years, beginning this month.
Fiat will make the
1.3-liter, four-cylinder MultiJet engines at its plant in Ranjangaon near Pune and the same engine it licenses the engine to
General Motors Co. in Europe.
For
the first time, Mitsubishi Motors Corporation has decided to select the most
demanding European market as global launch pad for an all-new vehicle.
Next
March, the Geneva Motor Show will see the world premiere of a strategic and
innovative premium vehicle, to be to be rolled out during 2012 and reflecting a gradual transformation in
Mitsubishi's design language.
Senior fleet
decision makers are being targeted by a low carbon event at the world-famous Silverstone
racing circuit in Northamptonshire, which will feature a wide range of
electric, hybrid and other low-carbon vehicles.
The EV & Low CO2
Fleet Show on Wednesday, 18 April is a unique one-day event providing fleet
decision makers and other fleet industry executives with all the latest
information, advice and guidance on low-carbon strategies.
Despite ongoing
warnings of the very real threat of car cloning, leading vehicle information
expert HPI believes people are more at risk of buying a cloned car than ever
before.
As economic
uncertainty continues, fraudsters are using more sophisticated methods to clone
vehicles and dupe unsuspecting used car buyers.
New Barclays Cycle Hire customer research reveals that over three
quarters of members would recommend the scheme to family and friends, stating
value for money, ease of use and enjoyment as the main reasons for making the
recommendation.
Barclays Cycle Hire has prompted three quarters of members to start
cycling or to cycle more in London and 18 per cent
have bought cycling equipment such as helmets and clothing.