Soul will donate platform for a new mini-MPV set to get Cee’d-inspired styling and due next year.
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A leading figure in the Czech car industry has suggested that the country's car manufacturers and suppliers could cut up to 10,000 jobs this year and in early 2009.
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A leading figure in the Czech car industry has suggested that the country's car manufacturers and suppliers could cut up to 10,000 jobs this year and in early 2009.
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Car and truck parts maker ArvinMeritor Inc. is cutting 7 percent of its workforce and said it is reviewing alternatives to a previously planned spin-off of its car parts unit to shareholders because of difficult market conditions.
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A long awaited Infiniti convertible will go public at the Los Angeles International Auto Show on Nov. 19 -- but Bloomingdale's customers will get the chance to buy it before then.
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American Axle and Manufacturing Holdings Inc. posted a steep quarterly loss today, stung by hefty charges related to hourly and salaried buyouts and plant closures as well as plunging truck production volumes. American Axle lost $440.
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Steep drops in automotive production along with special charges helped push American Axle and Manufacturing Holdings Inc. to a third-quarter net loss of $440.9 million, compared with net income of $13.5 million for the same period a year earlier.
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In a week of job cuts, gloomy third quarter or fiscal first half results and monetary madness involving Volkswagen shares, there was a little shaft of light in Detroit yesterday as Ford said it would resume the third shift at one of its US truck assembly plants.
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Nissan North America is joining rival Toyota in offering 0-percent consumer loans in hopes of jolting the U.S. auto market back to life. Nissan Division is expected to announce this morning that it will offer 0.
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Tata Motors has reported a fall in net profits for its second quarter, hit by unfavourable foreign exchange rates and a slowing auto industry.
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Nissan Motor Co. was the latest automaker to slash its earnings outlook, saying it will cut output and its workforce to bring inventory into line with tumbling U.S. demand.
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It's the past, the present and the future all in one, and we've spied it.
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Dongfeng Peugeot Citroen Automobile is to ask 1,000 workers to take leave from November because of falling production, a local newspaper has reported.
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Volkswagen will begin European sales of its Argentina-build full-size pickup in 2010. VW will start building the new truck at its plant in Pacheco, Argentina, in late 2009.
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Volkswagen will begin European sales of its Argentina-build full-size pickup in 2010. VW will start building the new truck at its plant in Pacheco, Argentina, in late 2009.
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Vehicle production in Russia was up 16% in the first nine months of the year to 1,394,025 units, figures released today show.
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Ford is to restore the third shift at its Dearborn Truck Plant in January, recalling 1,000 workers to the plant.
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Suzuki Motor has reported its first ever profits warning after delivering a first half performance that has seen falling sales and income.
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AvtoVAZ said on Thursday it would stop its assembly lines for almost three weeks.
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GMAC Financial Services has confirmed that it is in discussions with federal regulatory authorities regarding seeking bank holding company status.
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