A doomsday scenario sees almost 3m auto industry jobs in the US being lost in just 12 months if the Big Three carmakers, Ford, General Motors and Chrysler, crash.
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MUNICH -- Audi will extend Christmas shutdowns at its German factories even though its new-car sales are growing.
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There comes a moment when a company is being calm and reasonable and trying to put a positive spin on things that it suddenly strikes you: there isn't a Plan B.
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Australia's federal government has launched a A$6.2 bn package to help the company's automotive industry.
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Dont feel bad if news of yet another ultra-limited edition, megabucks supercar leaves you feeling a bit, er, sleepy, to put it kindly.
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Dont feel bad if news of yet another ultra-limited edition, megabucks supercar leaves you feeling a bit, er, sleepy, to put it kindly.
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Ronn Motors stuns SEMA with a supercar that runs on water!
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Joining the surge toward larger luxury coupes, Mercedes-Benz will ax the CLK after the 2010 model and replace it with a coupe and convertible based on the new E class.
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Veteran Toyota sales executive Don Esmond will speak at the 33rd Automotive News World Congress in January in Detroit. Esmond, 64, is senior vice president for automotive operations at Toyota Motor Sales U.S.A. Inc.
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Is the auto boom over for central and eastern Europe? With the International Monetary Fund leading a 20 billion rescue deal for Hungary, auto executives and analysts fear other ex-communist countries will follow as growth slumps across the...
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More than two years after Porsche announced plans to buy 20 percent of Volkswagen group, the sports car maker finally looks ready to take full control of Europe's largest carmaker.
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The AvtoVAZ plant here, 1,000km southeast of Moscow, is a unique mix of old and new car manufacturing. The factory's stamping, welding and final assembly buildings are like an automotive museum compared with similar facilities in the West.
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Once a reliable source of profit for their owners, automakers' banks won't generate their usual big profits this year. That will put even more pressure on automakers' bottom lines.
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China's biggest independent automaker, Chery Automobile, has cars on sale in Germany for the first time.
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Maria-Elisabeth Schaeffler has a problem. Her company, the Schaeffler Group, controls more than 80 percent of Continental.
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Suzuki is betting that Indian engineering, labor and suppliers will give its new Alto a competitive advantage when it is launched in Europe's fast-growing minicar segment in early-2009.
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BMW will cut its European Mini dealer network this year as it creates a separate distribution network for the small-car brand. The number of Mini dealers in Europe will drop to about 650 by year-end from 750 in 2007.
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The economic slowdown is affecting Renault's expansion of its Russian distribution network. The French carmaker has 74 dealers operating 94 retail outlets in 82 cities nationwide.
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