Transportation

Truck wheels a bright spot in gloomy quarter for Alcoa

Oct 5 Reuters) - Tighter environmental standards are forcing truck makers to use more aluminum in manufacturing to save weight, a trend that could make Alcoa's business making wheels for commercial vehicles a bright spot in its earnings release next week.

Toyota China sales tumble as islands row hits Japan Inc

Toyota Motor Corp's China sales fell about 40 percent in September from the year before, while those of rivals such as Hyundai and BMW jumped, underscoring how badly Japanese brands have been hit by a territorial row between the two countries.

Car sales in austerity-hit France, Spain fall further

Car sales dropped further in austerity-hit France and Spain last month, and France's CCFA auto industry association cut its full-year market forecast, highlighting the pain for automakers that have warned there is no recovery in sight.

GM-Peugeot drop car plan from re-jigged alliance

General Motors and PSA Peugeot Citroen, daunted by likely political roadblocks, scrapped plans for a joint mid-size car programme within their nascent alliance while adding engine cooperation.

Peugeot and GM drop large car and rejig alliance

General Motors and PSA Peugeot Citroen scrapped plans for a joint mid-size car program, narrowing the scope for vehicle sharing within their nascent alliance while adding engine cooperation.

Peugeot to cut cash burn in half in 2013: CEO

PSA Peugeot Citroen plans to reduce its monthly cash burn excluding restructuring costs by half to 100 million euros ($133 million) next year, Chief Executive Philippe Varin said in an interview published in Le Monde newspaper.