TURKEY: Tofas lays off workers
Tofas, a joint venture between Fiat and local firm Koc, has said it has laid off 657 workers amid poor demand for cars.
Read moreTofas, a joint venture between Fiat and local firm Koc, has said it has laid off 657 workers amid poor demand for cars.
Read moreGeneral Motors on Wednesday launched a nationwide test program that gives 90 million credit union members access to the company’s Credit Union Member Discount Program with participating GM dealers.
Read moreFord Motor Co. and Microsoft Corp. are adding navigation and information features to their Sync system in an effort to stay ahead of rivals’ telematics offerings.
Read moreNissan Europe, which has just axed 1,200 jobs at its UK plant, said earlier that sales last month fell 25.6% year on year to 36,646 units though market share improved to 2.7% from 2.5%.
Read moreHonda Motor has said its China vehicle sales rose 11.7% in 2008 to 473,297 units.
Read moreToyota, Honda and Ford rank as the best brands in consumers’ minds, an annual Consumer Reports survey found.
Read moreToyota Motor Sales USA this year will launch new telematics systems with some features similar to those pioneered by General Motors’ OnStar.
Read moreSchaeffler is poised to take effective control of Continental this week when it collects the bulk of shares tendered after its EUR11.3bn bid.
Read moreWeve seen photos of a mysterious GT-R lapping Germany’s Nürburgring for months with different body work and rims, and we now can confirm that the car is the more performance-focused SpecV version of Nissan’s supercar.
Read moreChery Automobile has posted a decline in annual sales in 2008, reversing the previous growth trend.
Read moreNissan Motor Manufacturing (UK) on Thursday said it would cut 1,200 of the 5,000 staff from its plant in northeast England “to protect the long term viability of its manufacturing operations in Sunderland”.
Read moreSales of imported vehicles in Japan, which includes Japanese cars shipped in from foreign plants, dropped 17.3% year on year in 2008 to a 15-year low of 219,231 units, the Japan Automobile Importers Association said.
Read moreHonda Motor’s Fit (aka Jazz), launched at the 2007 Tokyo motor show, was the top selling car in Japan (excluding sub-660cc minivehicles) last year, ahead of Toyota’s often-dominant Corolla and Vitz (aka Yaris) models.
Read moreCar sales in Western Europe fell by 18.9% in December according to data issued by JD Power. For the 2008 full year, the market was 8.4% down on 2007 at 13.56m units, the company said.
Read moreSpokesmen for both automakers have dismissed as inaccurate or declined to confirm Japanese media reports that Mitsubishi Motors would supply PSA with up to 10,000 plug-in electric cars by 2011.
Read moreNew vehicle sales in Indonesia were flat year-on-year in December at around 39,000 units – according to estimates released by distributor PT Toyota Astra Motor. These figures, based on wholesale data, will contrast sharply with depressed volumes expected in most other Asia markets in December.
Read moreAlthough Argentine car sales plunged almost 20% year-on-year in December, that figure was above local expectations and sales for the full year were up 8% on 2007.
Read morePSA Peugeot Citroen has denied it plans to adopt a single commercial management structure for its twin Peugeot and Citroen brands, as weekly magazine Challenges claimed in an unsourced report for publication on Thursday.
Read moreAudi annual sales have broken through the 1m mark for the first time.
Read moreThe head of Volkswagen’s works council, Bernd Osterloh, has said he will campaign against a domination and profit transfer agreement from Porsche.
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