Nissan Motor on Friday reported reduced first fiscal half profits, forecast reduced full-year sales and said it would cut more jobs - this time salaried and temporary workers.
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Automobili Lamborghini is to open a branch in China. The operation is part of an effort to expand the company's global footprint and will be based in Beijing. It will start trading at the beginning of 2009.
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Suzuki's Mondeo-rivalling family saloon is spotted on the road.
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A GM-Chrysler merger would have drastic affects on the smaller company's factories, brands dealers and suppliers, according to a US management consultancy.
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Soft-top version of BMW's new 6-Series is caught testing.
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Any merger between Chrysler and General Motors is now on hold until after the US presidential election next Tuesday.
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Although Fiat has no plans to produce the electric dune buggy it debuted at the auto show here, the Fiat Concept Car II could play a crucial role in the company's plans to make its future cars more environmentally friendly.
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Although Fiat has no plans to produce the electric dune buggy it debuted at the auto show here, the Fiat Concept Car II could play a crucial role in the company's plans to make its future cars more environmentally friendly.
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As the European front-end module market reaches maturity, suppliers are discovering blossoming markets further afield. Matthew Beecham fronts just-auto's latest review of the FEM market.
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Mazda has followed Japanese rivals in cutting full-year earnings forecasts in response to the global credit crunch and unraveling U.S. market. Mazda now expects operating profit of 90.0 billion yen ($833.
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Lada cars could make a return to the UK on the back of a new range of modern cars still under development, so it will not be any time soon.
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Toyota Motor Sales (TMS) USA has announced plans to export North American-built Sequoia and Tundra vehicles to South America and the Middle East.
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Leoni is looking for production sites in Serbia and Bulgaria, said Uwe Lamann, member of the board of directors of the German wiring and cable specialist.
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Nissan Motor on Friday halved its full-year profit forecast in the face of a rising yen, sinking demand in the key U.S. market and a broad-based slowdown in the coming quarters. For the year to March 31, Japan's No.
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Nissan is the latest automaker to slash its earnings outlook, saying it will cut output and its workforce to bring inventory into line with falling demand.
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A deal to merge General Motors and Chrysler has hit an impasse after the Bush administration ruled out funding for it, three people with direct knowledge of the talks said. This puts any merger of the struggling automakers on hold until after the U.
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The U.S. Treasury Department is not negotiating with General Motors and the owners of Chrysler LLC on a request to provide direct government aid to their proposed merger, a Bush administration official said today.
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