Delphi faces a deadline tomorrow (17 April) to deliver a term sheet outlining the future of its continued support from General Motors, which spun it off 10 years ago ago but still has ties to the company.
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Mitsubishi Motors is to cut the number of production days at its main Japanese car factory by one day in May compared with April.
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Malaysian prime minister Datuk Seri Najib Razak has said that Proton needs to continue to search for a strategic partner.
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Auto supplier Visteon Corp. has agreed to provide severance pay to former employees of its United Kingdom facilities in a proposal aimed at ending a dispute that has seen workers staging sit in strikes and picketing Ford Motor Co.
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Renault's Revoz plant in Slovenia has now resumed operations after disruption caused by industrial action at a French supplier.
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An insolvency at General Motors Europe unit Adam Opel would not lead to a dramatic surge of bankruptcies among car part producers, Oliver Weirauch of the Droege consultancy told a finance daily.
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The UAW and Italy's Fiat S.p.A. could be Chrysler LLC's leading shareholders if the struggling U.S.
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The UAW and Italy's Fiat S.p.A. could be Chrysler LLC's leading shareholders if the struggling U.S.
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The UK's Retail Motor Industry Federation (RMIF) has welcomed government backing for electric cars announced today (16 April) but said the industry still needs a scrappage scheme to boost new cars sales in the economic downturn.
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The European unit of General Motors could still pay salaries and continue functioning even if its stricken U.S. parent files for Chapter 11 bankruptcy protection, a spokesman for Opel said today.
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Noble International and some of its US subsidiaries yesterday (15 April) filed for Chapter 11 bankruptcy protection, as a result of declining sales volumes and a frozen credit market. Noble's European, Asian and Mexican affiliates were not included in the filing.
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The Malaysian Prime minister has said he wants to see 'national car maker' Proton look for an alliance with another international automaker.
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Workers at General Motors and Chrysler LLC in Canada must take wage and benefit cuts of as much as C$19 ($15.77) an hour to keep the carmakers from bankruptcy protection, Canada's Industry Minister told a newspaper.
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Visteon Corporation said today that it had presented leaders of the UK union Unite with a solution to address redundancy pay concerns of former employees of Visteon UK, which was placed into administration on 31 March after years of losses.
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The Canadian government announced C$145 million ($121 million) in funding today for automotive research and development. Industry Minister Tony Clement made the announcement and said the money was committed as part of the 2008 federal budget.
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Carmakers are cutting costs these days, but China is one place where they will not be skimping as they battle for customers in one of the world's few remaining growth markets.
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Fiat vehicle unit sales in April in Italy should be higher compared to 2008 and will definitely be up in Germany, brand head Lorenzo Sistino said on Thursday.
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Political parties have called for populist bailout plans for GM Daewoo to win voters in the Bupyeong district of Incheon, where GM Daewoo's main manufacturing plant is located.
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General Motors has told US dealers it is speeding up its timetable for closing about 1,700 outlets as it hurries to meet the Obama administration's 1 June restructuring deadline, people with knowledge of the discussions have said.
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We all need symbols in our life, and for Operation Iraqi Childrens 2009 spring effort, it is the Magic Box.
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