Feb
12th
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A number of suppliers to AvtoVAZ have stopped shipping due to late payment, according to a report in The Moscow Times. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Feb
12th
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Nissan North America will stray from the discount-deal marketing pitch adopted late last year when a sinking economy kept consumers away from U.S. dealerships. Full story...
Feb
12th
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Nissan North America will stray from the discount-deal marketing pitch adopted late last year when a sinking economy kept consumers away from U.S. dealerships. Full story...
Feb
12th
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Tata Motors has agreed a deal with India's state-owned Corporation Bank to finance passenger vehicles. Full story...
Feb
12th
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Geely is planning to further expand its businesses in China's second- and third-tier cities, by opening its 1,000th outlet by the end of June 2009, according to China Business. Full story...
Feb
12th
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Nissan Motor on Thursday said it wanted to expand Chinese vehicle sales this year by 4.6%. Full story...
Feb
12th
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All Chinese staff of formerly SAIC-owned Ssangyong Motor including CEO Lan Qingsong have returned to China. Full story...
Feb
12th
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Renault has reported net income for 2008 of EUR599m "amid severe downturn" on revenues off 7% year on year (but 28.7% in the final quarter) to EUR37,791m. Full story...
Feb
12th
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Renault is re-organizing its upper management structure, including appointing of a new global sales boss, a new purchasing director and a new manager for its French home market. Full story...
Feb
12th
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New car sales fell in Russia fell by 33% year-on-year in January to 116,500 cars as the market was hit by economic downturn and a shortage of credit for car loans. Full story...
Feb
12th
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Blaming the global financial crisis, Hyundai has now confirmed a halt to plans to build a wholly-owned plant in Brazil while Honda now plans to build a new small car in Brazil, rather than construct a new plant in Argentina. Full story...
Feb
12th
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New vehicle sales in Indonesia fell by 19.6% in January to 34,167 units, according to industry-wide wholesale data released by distributor PT Toyota Astra Motor. Full story...
Feb
12th
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Renault is to end production of its Laguna family car at the Sandouville plant in France, replacing it with a model sourced from its South Korean affiliate Samsung. Full story...
Feb
12th
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Chrysler Canada is making good progress on its restructuring plans and will likely be in a position within the next couple weeks to draw on emergency loans from the governments of Canada and the province of Ontario, its president and chief executive... Full story...
Feb
12th
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U.S. economic stimulus legislation includes a provision removing a potentially staggering tax liability associated with the bailout of General Motors, a senator said on Wednesday. Full story...
Feb
12th
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Nissan Motor Co. expects its sales in China to increase 4.6 percent to 570,000 vehicles this year, despite slowing industry growth due the global financial crunch. Full story...
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12th
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Ford of Europe has joined calls for the British government to introduce scrappage incentives to boost new car sales during the recession. Full story...
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12th
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Tesla Motors has said it should be profitable by mid-2009 and that it has sold out of its Roadster model until early November. Full story...
Feb
12th
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GM Daewoo said today it had asked the South Korean government to provide support including financial help. GM Daewoo is the South Korean unit of General Motors. Full story...
Feb
12th
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U.S President Barack Obama said he remains committed to giving ailing U.S. automakers "serious help" in the future, but only if they can produce a viable plan to transform the industry, The Detroit Free Press reported. Full story...