US: Realistic plans may gain more government help
The federal government may offer more help to struggling US automakers but only if they can show they can be commercially viable, US president Barack Obama has said.
Read moreThe federal government may offer more help to struggling US automakers but only if they can show they can be commercially viable, US president Barack Obama has said.
Read moreBMW and Fiat have refuted reports that they are dropping talks over cooperation between their Mini and Alfa Romeo brands.
Read moreThailand’s vehicle sales are expected to fall 7% this year according to consultancy firm Frost & Sullivan. But cars could buck the trend.
Read moreRussia’s largest truck manufacturer Kamaz has resumed production after it was suspended on February 2 due to sharply falling domestic and foreign sales, Kamaz said in a statement.
Read moreNissan in the Philippines has cut its workforce by 15% and reduced its work week from six to five days due to the deepening global financial crisis.
Read moreSkoda will debut its Yeti at the Geneva auto show next month. Skoda describes the SUV-styled Yeti as a practical solution for customers who want a compact car that is robust, safe and has universal appeal.
Read moreSkoda will debut its Yeti at the Geneva auto show next month. Skoda describes the SUV-styled Yeti as a practical solution for customers who want a compact car that is robust, safe and has universal appeal.
Read moreMexico experienced a huge fall in auto exports and production in January, industry data showed.
Read morePorsche continued its slow striptease reveal of the Panamera sedan on Thursday with the release of photos of the interior.
Read moreSupplier BorgWarner Inc. today said it cut 4,400 jobs, or 24 percent of its workforce during 2008, as it posted a steep fourth quarter loss due to significant reductions in global auto production.
Read moreDramatic global vehicle production cuts in the second half of 2008 stifled BorgWarner Inc.’s record first half of the year financial performance, pushing the supplier into the red for quarterly and full-year results.
Read moreA number of suppliers to AvtoVAZ have stopped shipping due to late payment, according to a report in The Moscow Times.
Read moreNissan North America will stray from the discount-deal marketing pitch adopted late last year when a sinking economy kept consumers away from U.S. dealerships.
Read moreNissan North America will stray from the discount-deal marketing pitch adopted late last year when a sinking economy kept consumers away from U.S. dealerships.
Read moreTata Motors has agreed a deal with India’s state-owned Corporation Bank to finance passenger vehicles.
Read moreGeely is planning to further expand its businesses in China’s second- and third-tier cities, by opening its 1,000th outlet by the end of June 2009, according to China Business.
Read moreNissan Motor on Thursday said it wanted to expand Chinese vehicle sales this year by 4.6%.
Read moreAll Chinese staff of formerly SAIC-owned Ssangyong Motor including CEO Lan Qingsong have returned to China.
Read moreRenault has reported net income for 2008 of EUR599m “amid severe downturn” on revenues off 7% year on year (but 28.7% in the final quarter) to EUR37,791m.
Read moreRenault is re-organizing its upper management structure, including appointing of a new global sales boss, a new purchasing director and a new manager for its French home market.
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