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Feb
2nd
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Fiat-PSA-Chrysler would be a massive corporate entity - but does it have the right kind of global coverage? Mark Bursa thinks there might still be something missing. Full story...
Feb
2nd
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New-car sales in Italy fell almost 33 percent to about 157,000 units in January, compared with the same month last year, sources said. The slide is worse than expected. Full story...
Feb
2nd
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Ford Motor Co. announced Monday that it plans to sell its automatic transmission factory near the southwestern city of Bordeaux to a French company that operates one of the country's historic steel forging operations. Full story...
Feb
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Ford Motor's factory in Blanquefort in western France will be acquired by a German industrial group, Economy Minister Christine Lagarde said on Monday, adding that 1,600 jobs at the plant would be saved. Full story...
Feb
2nd
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New-car sales fell steeply in France, Spain and Italy in January as the bleak economic outlook kept buyers out of showrooms. In France, new car sales were down 7.9 percent to 149,385 last month after a 15. Full story...
Feb
2nd
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Spanish car sales fell by 41.6 percent in January versus a year earlier, compared to a 49.9 percent drop in sales in December last year, car manufacturers' association ANFAC said on Monday. Full story...
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2nd
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Iranian automaker Iran Khodro (IKCO) has launched new Peugeot Pars automatic and diesel 206 SD models, becoming the first Iranian carmaker to produce diesel-powered passenger cars. Full story...
Feb
2nd
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Iranian automaker IKCO has launched new Peugeot Pars automatic and diesel 206 SD models, becoming the first Iranian carmaker to produce diesel-powered passenger cars. Full story...
Feb
2nd
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General Motors could face a multibillion-dollar tax hit under its $13.4 billion federal bailout, a scenario the automaker faces just weeks before it must file a restructuring plan with the government. Full story...
Feb
2nd
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Auto parts maker Contech LLC said on Friday that it has filed for Chapter 11 bankruptcy protection, citing a downturn in the automobile industry. Full story...
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2nd
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With sales plummeting, and parent General Motors distracted by its home-market woes, Saab's best future is as a spun-off organization, dealers and company insiders said. Full story...
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With its survival at stake, the auto show that takes place here in April will adopt a brave new format. Full story...
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2nd
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If there is one automotive technology for which Dutchman Hub van Doorne became world famous, it is the continuously variable transmission. Full story...
Feb
2nd
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Maria-Elisabeth Schaeffler's success in winning control of Continental's supervisory board leaves her with an even tougher challenge: Can the new entity get out from under its mountain of debt? Full story...
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2nd
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With Renault facing projected operating losses, Chief Financial Officer Thierry Moulonguet has relinquished managerial oversight of the 22-market Americas region to concentrate on the carmaker's financial problems. Full story...
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2nd
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Support is growing for a Europe-wide scrappage incentive to boost new-car sales during the economic crisis. Executives at Ford of Europe and PSA/Peugeot-Citroen said they want an expansion of the successful plans launched in Germany and France. Full story...
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Car production in Europe this year will fall to levels not seen since the early 1990s -- with disastrous effects for suppliers. Full story...
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2nd
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The accelerating cash burn by Europe's automakers in 2009 could drive them deep into debt and put their income statements into the red. In 2007, the European auto industry held a 30 billion net cash position. Full story...
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2nd
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Volvo posted a $1.47 billion pre-tax loss (1.15 billion) for 2008 last week, further complicating Ford Motor's attempts to sell the Swedish brand. In the fourth quarter, Volvo's loss was $736 million as revenue skidded from $5.1 billion to $3. Full story...