Monthly Archives: February 2011

Detroit show hails industry recovery for 2011

An expected 40 global motor firsts will be unveiled this week as the most important American auto show takes place. Many manufacturers are unveiling details of their electric motoring solutions, at times combined with internal combustion engines. To General Motors (GM), Ford and Chrysler – the show marks a new future after a long crisis. […]

Volvo struggles to meet surging truck demand

Vehicle manufacturer Volvo has upped its 2011 truck sale forecast for the US and Europe by 10% to 220,000 lorries. A significant in demand has caused production problems in the fourth quarter.  The Swedish firm said that component shortages and costlier raw materials had become an issue. The company reported a 5.5bn-crown ($855m, £530m) profit […]

AI given award from customer

Automotive Insulations Ltd are proud to announce that they have recently been awarded the Supplier Performance Award – JLRQ, from their customer Jaguar Land Rover. This award reflects the hard work put in by the whole team and follows on from other successful customer audits. As AI continues to grow, this award will help promote […]

Peugeot Citroen reports strong 2010 recovery

Citroen has returned to a full-year profit after seeing a strong recovery in 2010.  The French car makers sales rose by 15.8% to 56bn euros ($76.5bn; £47.6bn), “driven by successful new models, market share gains and improved demand worldwide”. It reported a net profit of 1.13bn euros for last year, compared with a loss of […]

Renault tap into developing markets for growth

Renault has said it aims to almost double operating profit margins to 5% in the coming two years by focusing on sales in Brazil, Russia and India. Strong growth there should help it to sell a total of three million cars a year by 2013. The company will also join its alliance partner Nissan in […]