Dongfeng Honda Automobile Co., has stopped manufacturing its existing Civic models and the new Civic models will arrive at its 4S stores by the middle of January, according to information from the company's distributors.
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Skoda India has said it will cut prices of its products by up to Rs 51,500 following a 4% reduction in Central Value Added Tax (CENVAT).
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Great Wall is planning to expand its export business in emerging markets and is now looking to Bulgaria.
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The main German automotive industry trade union, IG Metall, has proposed a seven-point programme to secure jobs and stabilise the economy.
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Foreign car brands aren't escaping the slowdown in Russia's car market that took hold last month.
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Steering specialist, Tedrive, has gone bust. The company was declared bankrupt at an Aachen court on Wednesday and insolvency proceedings have begun.
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Hyundai Motor is the latest automaker to announce production cuts in the US.
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Magyar Suzuki, Suzuki's Hungarian unit, has offered employees at its plant in Esztergom two month's pay if they voluntarily resign by December 18, according to local media reports.
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The EU directive on carbon dioxide emissions from cars has been revised, but an environmental lobby group said "precious little will change in the short term".
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Continental has said it would cut costs and investments in the wake of further vehicle production cuts.
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Ford says that the depressed Brazilian market has sparked into life following an infusion of government credit.
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Ford says that the depressed Brazilian market has sparked into life following an infusion of government credit.
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Car manufacturers and automotive component suppliers in the Czech Republic are expected to lay off more than 13,000 workers by the middle of next year, an auto industry group has said.
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Toyota Motor is considering again reducing its 2009 sales target.
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A proposed collaborative deal between Volvo Truck and Dongfeng remains on ice due to political obstacles in China.
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Nissan has called again for increased manufacturing flexibility and competitiveness from its European production plants as a precondition for attracting investment.
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A bill that would provide federal government aid to Detroit automakers passed its first hurdle in the House of Representatives last night - but faces a tougher time in the Senate.
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A bill that would provide federal government aid to Detroit automakers passed its first hurdle in the House of Representatives on Wednesday night, but failed to win approval in the Senate late on Thursday.
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