Author: Automotive News Feed
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Opel sees enough growth to avoid cost cuts, CEO Neumann tells paper
General Motors’ European unit Opel is cautiously optimistic that sales will grow enough in 2014 to avoid a further round of cost cutting, CEO Karl-Thomas Neumann told a newspaper.
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Bosch, Continental, Denso fined by South Korea for price fixing
South Korea’s antitrust regulator fined units of Denso, Continental and Bosch a total of $107.99 million, saying they had fixed prices of parts sold to Hyundai Motor and affiliate Kia.