Author: Automotive News Feed

PSA/Peugeot-Citroen will cut 300 jobs as it reduces output at its Sochaux plant in eastern France starting in November, trade union officials said.

Thailand is set to approve the construction of a Volkswagen factory near Bangkok, a German newspaper reported.

Spain’s new-car sales rose 14 percent to 45,355 in August, the twelfth straight month of increases, car manufacturers’ association Anfac said.

French car sales fell 3 percent last month, led by an 11 percent drop at Renault. PSA sales fell in line with the market, while VW deliveries rose 11 percent, boosted by gains at Skoda.

After a period of rapid expansion, India’s car market entered a slump indirectly triggered by the U.S. Federal Reserve’s announcement that it would start to gradually phase out its ultra-loose monetary policy.

VW India boss Mahesh Kodumudi explains to Automotive News Europe what measures the automaker is taking to reverse its slide in the key market.

When VW reported group deliveries in India had more than doubled in 2011, it looked as if the market would help the automaker achieve its goal of being No. 1 in global sales. Things have changed since then, forcing VW to rework its plans.

Alfa Romeo has started development on three new models that will be key to the struggling brand’s turnaround. The cars are a midsize sedan, a midsize SUV and a flagship large sedan.