Ford has said that it will raise car prices in Russia by between 9% and 25% starting May 1.
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Vehicle sales in China climbed to a record level in March helped by government measures such as lower purchase taxes, according to data released by the China Association of Automobile Manufacturers (CAAM).
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Sales of locally-assembled vehicles in Vietnam fell by 13.6% in March to 11,316 units, from 13,091 units a year earlier, according to data released by Vietnam Automobile Manufacturers Association (VAMA).
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Opel has denied its pension obligations would be an obstacle to a sale, as claimed in an earlier newspaper report.
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Five European countries are now backing a plan that could see Opel dealers take a minority stake in the automaker.
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German buyers are snapping up one out of every 10 cars sold in neighboring Poland thanks to currency movements and the Berlin government's incentives, the Deloitte consultancy said on Thursday. Some 1.
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Three bidders with offers from US$100m to $200m in cash and other commitments remain interested in General Motors SUV brand Hummer.
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The Obama autos task force is meeting with General Motors officials now to speed its restructuring process, an administration official was quoted as saying.
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Stile Bertone Vice Chairman Marie Jeanne Bertone has blocked her mother Lilli Bertone's attempt to employ former Pininfarina and Ghia designer Emanuele Nicosia to boost business at the Italian design house.
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Japan is set to pass legislation to encourage consumers to buy new cars as part of a $154 billion economic stimulus package, including $2,500 in cash incentives for those replacing cars more than 13 years old.
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Subtly facelifted SUV papped on the prowl
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Japanese-owned Toyota suppliers are shedding US and European jobs through early retirements, a local media report said.
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First pictures as Subaru unveils its new BMW 5-Series challenger.
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"Ultimate" Corvette takes a bow at the 2009 New York Motor Show.
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Law of unintended consequences: the German government's scrapping bonus that boosted demand for new cars 21% in February and 40% last month also boosted private buyers' orders for commercial delivery vans by 13% in March.
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Wraps pulled from Lancer inspired Outlander GT.
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Volkswagen AG is considering launching the Up minicar in the United States. "The Up could be in the future of the market here," VW of America CEO Stefan Jacoby said on Wednesday at the auto show here.
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General Motors plans to challenge Volkswagen group in China by doubling its vehicle sales in the country to more than 2 million units by 2013, the Shanghai Securities News said on Thursday citing company executives.
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Opel does not expect its pension obligations will be an obstacle to a sale, the German carmaker owned by General Motors said on Wednesday.
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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