Chrysler's Canadian unit has asked the Canadian and Ontario governments for C$1 billion in financial assistance to help it through the global economic crisis, according to a Canadian newspaper report.
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J.D. Power and Associates has named veteran auto executive Fin O'Neill its next president. O'Neill, 56, takes over in January from the retiring Stephen Goodall, who has been president for 12 of his 30 years at J.D. Power.
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J.D. Power and Associates has named veteran auto executive Fin O'Neill its next president. O'Neill, 56, takes over in January from the retiring Stephen Goodall, 53, who has been president for 12 of his 30 years at J.D. Power.
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Mitsubishi makes five. The Japanese automaker said it's pulling out of the Detroit auto show in January as it looks to save money in light of global economic problems and an industry-wide sales decline.
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Mitsubishi makes five. The Japanese automaker said it's pulling out of the Detroit auto show in January as it looks to save money in light of global economic problems and an industry-wide sales decline.
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The Indian unit of Italy's Fiat plans to launch its mid-sized sedan Linea in India in December, the company said on Friday.
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The Indian unit of Italy's Fiat plans to launch its mid-sized sedan Linea in India in December, the company said on Friday.
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Avtotor is in negotiations with three further international auto manufacturers to produce cars from its plants, according to reports.
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Production began today of the new Toyota Avensis at Toyota's Burnaston, UK, plant. It's a bit of manufacting sector good news in Britain amid plenty of gloom lately and that attracted government ministers to the occasion.
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UK car production declined by 25.1% to 114,058 units in October, the lowest October total since 1991.
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Germany said on Friday it did not want to make a decision on aid for cash-strapped Opel dependent on developments in the United States, where automakers failed to secure a quick bailout. Opel's parent GM and U.S.
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Germany said on Friday it did not want to make a decision on aid for cash-strapped Opel dependent on developments in the United States, where automakers failed to secure a quick bailout. Opel's parent GM and U.S.
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Talks between European governments on a deal to reduce greenhouse gas emissions have made progress but have not yet reached agreement.
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Chrysler is interested in returning to merger talks with GM, according to a report in the Financial Times.
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Daimler looks set to scale back its plans to take a 42% stake in the Russian truck manufacturer Kamaz.
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Honda said it would close its UK factory for two months next year as part of plans to build fewer cars in Japan, Europe and North America.
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Honda said it would close its UK factory for two months next year as part of plans to build fewer cars in Japan, Europe and North America.
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Saab will remain in the North American market despite a sharp drop in sales so far this year. "The Saab brand is very attractive to U.S. consumers," said Managing Director Jan-Ake Jonsson. "There are no plans to pull out at all."
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Saab will remain in the North American market despite a sharp drop in sales so far this year. )x("",The Saab brand is very attractive to U.S. consumers, said Managing Director Jan-Ake Jonsson. )x("",There are no plans to pull out at all.
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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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