The subsidiary, which in May announced a A$290 million annual loss in its last financial year, has not ruled out job cuts. Some 240 workers were eliminated in 2011.
The 42-year GM veteran held senior executive positions in Australia, the U.K., Europe and the U.S., including managing director of the auto maker’s GM Holden unit from 1987 to 1990.
To attain accreditation, dealerships must implement a minimum number of environmental-management practices. This could include recycling, efficient energy usage and reductions in the use of toxic chemicals.
The steady increase in new-car registrations during the first five months of 2012 “suggests that confidence is returning, despite financial uncertainty in the eurozone,” the head of an auto-industry group...
Performax’s general manager says the Thai R&D facility will leverage the company’s 25 years of experience as Australia's leading importer and converter of performance vehicles from the U.S.
Volvo Australia pulled an ad for its V60 wagon after the Advertising Standards Board ruled the commercial should be modified or withdrawn, saying it gave an impression of “reckless speed” and &ldquo...
Details of Dany Bahar’s dismissal aren’t being revealed, but he earlier told the BBC the recent sale of Lotus “heavily interfered” with the execution of its 5-year business plan.
The government says it is raising the minimum down payment for vehicle purchases from 5% to 30% to prevent potential loan defaults should the Indonesian economy falter.