Turkey’s Ford Otosan halts output for over 3 weeks
Turkish vehicle maker Ford Otosan will suspend production at two factories for more than three weeks due to slumping demand at home and abroad, the company said on Thursday.
Read moreTurkish vehicle maker Ford Otosan will suspend production at two factories for more than three weeks due to slumping demand at home and abroad, the company said on Thursday.
Read moreThe Slovak government said on Wednesday it had approved a tax break worth up to 431 million crowns ($20.02 million) for German carmaker Volkswagen, which plans to expand production portfolio of its Slovak factory.
Read moreThe German government will not have a decision before Christmas on whether it will make available liquidity for General Motors’ struggling German unit Opel, government sources told Reuters on Wednesday.
Read moreSchaeffler plans to oust Continental’s Chairman Hubertus von Gruenberg after it gains approval of its planned takeover of the automotive supplier, Handelsblatt newspaper said, citing sources close to Continental’s supervisory board.
Read moreChrysler LLC’s decision to halt factory operations for at least a month put new pressure on the Bush administration to quickly help cash-strapped automakers.
Read moreChrysler LLC’s decision to halt factory operations for at least a month put new pressure on the Bush administration to quickly help cash-strapped automakers.
Read moreGeneral Motors today denied a report that it was again holding merger talks with Chrysler LLC. “There are no talks going on at all,” GM spokesman Tony Cervone said.
Read moreAiling U.S. automotive giant General Motors denied reports Thursday that it was holding merger talks with its likewise stricken competitor, Chrysler.
Read moreGeneral Motors and Chrysler LLC have reopened merger talks as Chrysler owner Cerberus Capital Management LP has signaled a willingness to give away part of its ownership in the automaker, the Wall Street Journal reported.
Read moreGeneral Motors and Chrysler have reopened merger talks as Chrysler owner Cerberus Capital Management has signaled a willingness to give away part of its ownership in the automaker, the Wall Street Journal reported.
Read moreGeneral Motors and Chrysler LLC have reopened merger talks as Chrysler owner Cerberus Capital Management LP has signaled a willingness to give away part of its ownership in the automaker, the Wall Street Journal reported.
Read moreGeneral Motors and Chrysler LLC have reopened merger talks as Chrysler owner Cerberus Capital Management LP has signaled a willingness to give away part of its ownership in the automaker, the Wall Street Journal reported.
Read moreAuto-parts supplier Valeo will eliminate 5,000 jobs worldwide in response to declining car production and a pessimistic outlook for 2009.
Read moreAccording to reports in Europe, the second round of the 2009 World Superbike Series’ season in Qatar could play host to a race in which MotoGP champion Valentino Rossi would ride a WSBK-spec Yamaha R1, while retired WSBK champion Troy Bayliss would ride his Ducati Xerox for one round.
Read moreSeven-time Formula 1 World Champion Michael Schumacher has ruled competing in a round of the World Superbike Championship this season.
Read moreIt is possible that many – or most – formula one cars will take to the grid for March’s 2009 season opener without active KERS systems.
Read moreFerrari president Luca di Montezemolo has hinted heavily that Bernie Ecclestone, F1’s 78-year-old long time boss, should consider retirement.
Read moreIt’s autoshow season, and manufacturers are presenting concepts that will hint at the future design of vehicles in their lineups. Subaru is no exception. The Japanese automaker famous for safety and symmetrical all wheel drive has announced they their Legacy Concept will be making its world debut next month.
Read moreThe future of Toro Rosso’s Sébastien Bourdais in Formula 1 is still unclear but the Frenchman won’t wait helplessly on the sidelines for a decision to come and he is considering a return to racing in North America.
Read moreAccording to reports in Europe, the second round of the 2009 World Superbike Series’ season in Qatar could play host to a race in which MotoGP champion Valentino Rossi would ride a WSBK-spec Yamaha R1, while retired WSBK champion Troy Bayliss would ride his Ducati Xerox for one round.
Read more