ACEA, the European carmakers' association, has published data for February car sales in Europe which confirm data published on just-auto earlier in the month. ACEA said the European car market was 18% down on February of last year.
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General Motors Europe's Opel/Vauxhall and Saab units saw their new-car sales collapse in Europe last month amid uncertainty about the future of the brands.
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Tata Motors on Friday said it had arranged a loan facility with the State Bank of Travancore for buyers of its passenger vehicles.
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Fiat on Friday (13 March) "in relation to comments in today's press", said in a statement its directors were not considering a merger with another automotive group "except as announced [in connection with discussions with Chrysler] on 20 January".
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Germany's government is politically responsible for helping Opel, its leader said on Friday (13 March).
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Thirty three percent of automotive suppliers operating in the US are significantly more pessimistic about the general outlook of their businesses over the next year than they were at the beginning of 2009, according to a recent Original Equipment Suppliers Association (OESA) survey.
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Auditors of key General Motors and Chrysler supplier American Axle & Manufacturing Holdings (AAM) have warned the supplier could collapse due to pressure on the automakers.
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American Axle and Manufacturing Holdings Inc.'s auditors are warning the auto supplier may go out of business because of pressure on its main customers, General Motors and Chrysler LLC.
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American Axle and Manufacturing Holdings Inc.'s auditors are warning the auto supplier may go out of business because of pressure on its main customers, General Motors and Chrysler LLC.
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American Axle and Manufacturing Holdings Inc.'s auditors are warning the auto supplier may go out of business because of pressure on its main customers, General Motors and Chrysler LLC.
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Though American drivers will not lightly abandon their beloved large cars, they face three crucial pressures to shift their ground, writes Anthony Howard.
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Two French firms have begun marketing electric vehicles via the Internet. Both plan to start deliveries in 2010.
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Amazing leaked images reveal all about Aston's £1.2m flagship – including first interior pictures!
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Fiat Group and PSA/Peugeot-Citroen today denied an Italian newspaper report that the two companies could merge their automotive operations.
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Fiat Group and PSA/Peugeot-Citroen today denied an Italian newspaper report that the two companies could merge their automotive operations.
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Fiat Group and PSA/Peugeot-Citroen today denied an Italian newspaper report that the two companies could merge their automotive operations.
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Fiat Group and PSA/Peugeot-Citroen today denied an Italian newspaper report that the two companies could merge their automotive operations.
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GM has said that it does not need US$2bn of funding for March that it had previously requested from the US government.
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Toyota is developing a hybrid priced lower than its Prius to compete with Honda's cheaper Insight, which was launched recently in Japan and is about to go on sale in the US and Europe.
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European new-car registrations fell 18.3 percent in February, industry association ACEA said today. The industry downturn accelerated in eastern and central Europe, but sales incentives in Germany bolstered Western Europe
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