The Italian government will meet next Wednesday (28 January) to discuss possible help for the auto industry.
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Citing a "dour economic situation," Bridgestone said Thursday it will cease production of passenger-car and light-truck tires at its factory in LaVergne, Tenn.
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Auto research firm J.D. Power and Associates will attempt to do for new-vehicle launches what it has been doing with consumer attitudes for years: telling automakers what they are doing wrong.
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Ford of Europe will introduce short-time working and cut production at its two car factories in Germany. "We are doing this because our major markets of Spain and the UK are going down dramatically," a Ford of Germany spokesman said.
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The doom and gloom continues and will likely do so for some time - we have just been told today that the UK is officially in recession. As if the 2m-and-rising unemployed, empty high street shops and temporarily shuttered factories hadn't already made that obvious. Still, the auto business news, if not always encouraging, certainly remains interesting.
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Russia's largest carmaker AvtoVAZ on Friday cut the working week for some employees to four days in February to save money in the global economic downturn. Employees will work a four-day week between February 2 and February 28, AvtoVAZ said.
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Italy's government will meet with the country's auto industry leaders Wednesday, January 28, to discuss possible help for the sector.
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Volkswagen luxury car unit Bentley is stopping production at its plant in central England for seven weeks from early March to April to better match supply to demand, a spokesman confirmed on Friday.
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Facelifted version of Range Rover Sport is first in a line of refreshed 2009 models.
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Best shots yet of Aston's production-ready four-door saloon.
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Our spies bag clearest shots yet of potent hot hatch on test.
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Germany and the European Commission have failed to reach an agreement on a law that shields carmaker Volkswagen from takeover, Germany's justice minister said on Thursday.
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Audi said plans to stop production for five days in February at its biggest plant in Germany as orders for new car orders fall but had not yet decided on how to impose the downtime on workers.
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Nissan is apparently reviewing its joint participation in a new factory in Morocco with its French partner Renault.
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Hyundai Motor has postponed the construction of its assembly plant in St Petersburg, according to media reports.
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Volkswagen's 2008 earnings and sales will be higher year-on-year, but the first quarter of 2009 could see Europe's biggest carmaker sink into the red, its finance chief told a newspaper Friday.
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As Russia's car market goes into reverse on the back of the financial crisis gripping its banks, Russian car dealer Incom-Auto has closed several of its outlets as many carmakers chose not renew agreements with the dealership in 2009.
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AvtoVAZ has agreed with SOK Group on all key terms relating to the purchase of struggling carmaker IzhAvto, according to Russian media reports.
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Fiat's chief executive has insisted he does not want to run Chrysler should a proposed alliance between the two automakers proceed.
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Iran Khodro is now exporting its Samand TU5 with automatic gearbox and newly designed Samand Soren to Turkey.
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