Trade unions at General Motors Europe say they will fight plans to cut costs at the automaker.
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Europe's carmakers have welcomed a proposed EU aid package aimed at boosting the sagging European economy.
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The Korea Automobile Manufacturers Association (KAMA) has forecast that car sales in South Korea will decline by 8% in 2009.
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Increased revenues and sales volumes have helped Proton Holdings Berhad report a rise in second quarter profits, the Malaysian carmaker said today.
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Johnson Matthey has reported a strong first half to the year but warned that it now expected its second half performance to be behind the same period last year as the global car market contracts.
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PSA Peugeot Citroën has said it will send its 3,500 employees at the Porto Real plant, in Rio de Janeiro state, on extended vacation from December 8 through January 7.
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Get set for super-fast postal deliveries.
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AvtoVAZ is reportedly seeking a credit of up to US$1bn from state bank VEB.
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Like many in Congress, many Americans are reluctant to support a bridge loan for General Motors, Ford, and Chrysler, a recent Morpace Omnibus Study showed.
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Starting in February 2009, EuroNCAP will factor in results from a whiplash test to make it harder for carmakers to earn its best score - five stars - in adult occupant safety.
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Luxury couture brand Hermes has created the perfect car for green fashionistas. Following its take on the Bugatti Veyron, the Paris outfit has turned to the Smart ForTwo (below).
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Opel employee representatives are stepping up their calls for government support and say that 6,000 jobs at the Bochum plant are at immediate risk.
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A Hanover court has ruled against Porsche in a complaint designed to remove the state of Lower Saxony's 20% blocking minority in Volkswagen AG.
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Supercharged flagship ready to muscle in.
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Toyota GB managing director Miguel Fonseca says things look bleak for car sales in his home country, Spain where the market is down 40% - but he warns the UK might be just as bad this month.
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Schaeffler Group has hired J.P. Morgan to restructure the debt it needs to take over Continental, the Handelsblatt newspaper reported, citing financial sources. J.P. Morgan is already in talks with banks to reshuffle the 16 billion euro ($20.
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General Motors is mulling whether to drop its Saab, Pontiac, Saturn brands, as well as its Hummer brand, as part of a plan to win $12 billion of U.S. government loans, Bloomberg News said on Wednesday, citing people familiar with the matter.
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A German regional court upheld on Thursday corporate statutes at Volkswagen that effectively let the state of Lower Saxony veto any major plans that controlling owner Porsche may have for the world's third-largest carmaker.
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The European Commission on Thursday gave the German government two months to alter a law that shields Volkswagen from takeover.
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