Czech car sales fell in the first half of the year as measures to encourage households to buy new vehicles failed to compensate for a slump in corporate purchases, official data showed on Tuesday.
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General Motors on Tuesday asked a bankruptcy judge to cancel 70 dealer contracts, a move that would remove last holdouts in the company's push to close up to 2,400 US outlets by 2010.
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General Motors on Tuesday asked a bankruptcy judge to cancel 70 dealer contracts, a move that would remove last holdouts in the company's push to close up to 2,400 US outlets by 2010.
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The German state of Thuringia, which is helping finance Opel operations, strictly opposed a plan by Beijing Automotive (BAIC) to take over the carmaker using EUR2.64bn (US$3.69bn) loaned and guaranteed in part by the German government, a report said on Tuesday.
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Just a year after celebrating its 40th anniversary, the Mitsubishi plant in the Netherlands known as NedCar celebrated another milestone with the 1,000,000th Mitsubishi car to roll off the line, a Colt ClearTec. The car will be handed over today to the city of Sittard-Geleen, the municipality NedCar belongs to.
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Mercedes-Benz Cars sold 111,300 vehicles worldwide last month, 7% fewer than in June 2008.
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The BMW group delivered 127,546 automobiles to customers last month in market conditions it said remained "difficult". June saw the highest monthly sales so far this year and a smaller fall of 12.7% year on year.
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Compact off-roader joins the rest of the range with a sporty makeover
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The all-new Jaguar XJ will make its U.S. debut Aug. 12 at the 2009 Pebble Beach Conours d'Elegance, according to sources at Jaguar. The car will be on display for the entire Pebble Beach event, which runs until Aug. 16.
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Toyota said on Tuesday its vehicle sales in China in the first half of 2009 were roughly the same as a year earlier.
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Toyota Motor has called off a joint project with Isuzu Motors to develop a 1.6 litre diesel engine for small vehicles for the European market due to the likelihood of low profitability amid the recession, informed sources were quoted as saying on Tuesday.
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State-owned Beijing Automotive (BAIC) faces long odds in its bid to buy Opel, as China remains wary of firms taking over foreign automakers, according to influential Chinese magazine Caijing.
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Toyota sales in Russia decreased 57.2% year-on-year to 38,000 vehicles in the January-June period, the company has said in a statement.
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Car sales in Vietnam dropped 30% in the first half from a year earlier to 47,909 vehicles, as a weakening economy hit demand, according to the Vietnam Automobile Manufacturers Association.
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Russian Prime Minister Vladimir Putin met Tuesday with Berthold Huber, head of IG Metall, the labour union that represents Opel workers in Germany, according to Russian media reports.
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Fiat and Bosch are in talks about the electric engine developed by Bosch, according to German media reports.
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Autoliv says its sales will grow in China and India in 2009, despite declining by around a quarter overall.
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Best shots yet of a prototype for Ferrari's F430 replacement
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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