German engineering company Edscha has filed for bankruptcy, a company spokeswoman said Monday. Edscha makes convertible roofs, hinge systems and driver controls for most major carmakers. It is owned by U.S. private equity company Carlyle Group.
Full story...
German engineering company Edscha has filed for insolvency, a company spokeswoman said Monday. Edscha makes convertible roofs, hinge systems and driver controls for most major carmakers. It is owned by U.S. private equity company Carlyle Group.
Full story...
Toyota Motor Europe (TME) has named Masato Katsumata senior vice-president of research & development (R&D), effective from 1 February.
Full story...
BMW will not take part in this year's Auto Mobil International (AMI) exhibition in Leipzig as part of a cost savings project, according to a German newspaper.
Full story...
Renault's Turkish JV, Oyak Renault, is to halt production between Feb. 2-10 due to lower orders.
Full story...
German supplier Schaeffler Group has again asked for state aid after calls for help appear to have been thwarted over the weekend. Schaeffler is grappling with billions of euros in debt amassed through its acquisition of a 49.
Full story...
Citroen will revive its legendary DS badge for a new range of near-premium models, industry sources here said. The French brand will unveil plans for the new DS range on Wednesday Feb. 5 when the carmaker launches a global rebranding campaign.
Full story...
The gloom in Spain continues. Spanish trade association ANFAC has said that car sales fell by 41.6% year-on-year in January, continuing the low sales trend of late last year.
Full story...
With steely stares and clenched hands, the drivers peer from their crash helmets as the race marshal slowly raises the green flag. Then the flag drops.
Full story...
Toyota Priuses with plug-in hybrid technology are averaging 65 mpg in combined gasoline and electric-mode testing.
Full story...
Scion plans to expand its model line from three vehicles to four.
Full story...
Oyak Renault, a joint venture of Renault and Turkey's Oyak, will halt production between February 2-10 due to lower demand in the automotive sector, a company spokeswoman told Reuters on Monday.
Full story...
Nippon Steel, the world's second largest producer, will consider revising down its production outlook after seeing Toyota and Honda first-quarter output plans due later this month, a company executive has said, adding that the supplier expects demand to start recovering around mid-year.
Full story...
Honda Motor's US sales fall last month was similar to the 35% drop seen in December, and it will take several months to bring inventory down to sound levels, chief financial officer Yoichi Hojo has said.
Full story...
Toyota subsidiary and small car specialist Daihatsu says it expects profit and sales to decline in fiscal 2008 for the first time in seven years.
Full story...
Toyota subsidiary and small car specialist Daihatsu says it expects profit and sales to decline in fiscal 2008 for the first time in seven years.
Full story...
Schaeffler has again asked for state aid - a request apparently meeting a cool reception in Germany's government.
Full story...
Ssangyong has said that it has resumed vehicle production on Monday (2/2/09) as parts supplies normalised.
Full story...
Domestic sales of new vehicles in Japan plunged 27.9% year on year last month to 174,281 units, a record drop for a January, an industry body said on Monday.
Full story...
Renault low-cost Romanian Dacia car unit has widened its range of economical and 'eco-friendly' engines to include new versions powered by liquid petroleum gas (LPG) and E85 bioethanol. The new Sandero E85 model emits as little as 60g/km on the sugar cane-based E85 fuel available in Sweden and 130g/km on the sugar beet/wheat-based E85 fuel made in France.
Full story...
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
The latest auto news, reviews, prices, product and vehicle releases.