GERMANY: First casualty of global credit crisis – Tedrive
Steering specialist, Tedrive, has gone bust. The company was declared bankrupt at an Aachen court on Wednesday and insolvency proceedings have begun.
Read moreSteering specialist, Tedrive, has gone bust. The company was declared bankrupt at an Aachen court on Wednesday and insolvency proceedings have begun.
Read moreHyundai Motor is the latest automaker to announce production cuts in the US.
Read moreMagyar Suzuki, Suzuki’s Hungarian unit, has offered employees at its plant in Esztergom two month’s pay if they voluntarily resign by December 18, according to local media reports.
Read moreThe EU directive on carbon dioxide emissions from cars has been revised, but an environmental lobby group said “precious little will change in the short term”.
Read moreContinental has said it would cut costs and investments in the wake of further vehicle production cuts.
Read moreFord says that the depressed Brazilian market has sparked into life following an infusion of government credit.
Read moreFord says that the depressed Brazilian market has sparked into life following an infusion of government credit.
Read moreCar manufacturers and automotive component suppliers in the Czech Republic are expected to lay off more than 13,000 workers by the middle of next year, an auto industry group has said.
Read moreToyota Motor is considering again reducing its 2009 sales target.
Read moreA proposed collaborative deal between Volvo Truck and Dongfeng remains on ice due to political obstacles in China.
Read moreNissan has called again for increased manufacturing flexibility and competitiveness from its European production plants as a precondition for attracting investment.
Read moreA bill that would provide federal government aid to Detroit automakers passed its first hurdle in the House of Representatives last night – but faces a tougher time in the Senate.
Read moreA bill that would provide federal government aid to Detroit automakers passed its first hurdle in the House of Representatives on Wednesday night, but failed to win approval in the Senate late on Thursday.
Read moreNot only is NASCAR the most popular form of racing in America, it’s probably more popular than all of its rivals put together. It’s got more fans, more sponsors, more money, and more credibility. It’s also got a tragic flaw – a well-deserved reputation for being the most arrogant sanctioning body in the country. And its long-overdue comeuppance is on the way.
Photo Gallery: NASCAR Racing News – U.S. Car Manufacturers and Stock Car Racing – Automobile Magazine
Along with videophones, personal jet packs, and humanoid robots in French maid outfits, the futuristic daydream of a car that runs on air is something that Americans have pretty much abandoned. Well, we may have been a bit hasty. Thanks to a French inventor (and former Formula 1 engine designer) named Guy Nègre, the Air Car is one kitschy promise that looks poised to make the improbable leap from the pages of Amazing Stories to the pages of, well, Automobile Magazine.
The Czech Republic’s top industry, car production, will shed over 13,500 jobs in the next few months as suppliers are being hammered by recession in the euro zone, but vehicle output will still grow next year.
Read moreFrench car equipment supplier Plastic Omnium is to shut a factory near Le Havre, in northwest France, Les Echos reported on Thursday, citing information obtained from a union source by AFP.
Read moreWASHINGTON — The House of Representatives approved emergency U.S. aid for Detroit’s automakers, setting up a showdown in the Senate where prospects for passage are less certain.
Read moreThe auto industry will sell an estimated 11.5 million new cars and trucks in 2009, the lowest sales total since 1982, according to Michael Robinette, vice president of forecast services with consulting firm CSM Worldwide. U.S.
Read moreThe auto industry will sell an estimated 11.5 million new cars and trucks in 2009, the lowest sales total since 1982, according to Michael Robinet, vice president of forecast services with consulting firm CSM Worldwide. U.S.
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