Ford Motor has resumed production at its Russian plant after a steep drop in demand forced the carmaker to idle its local assembly lines for one month. "The plant restarted production in three shifts as usual.
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General Motors said worldwide sales fell 10.8 percent in 2008, ending its 77-year claim as the world's largest automaker. GM sold 8.36 million vehicles last year, putting it about 616,000 units behind the 8.97 million reported by Toyota Motor Corp.
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Chrysler's private equity owner Cerberus Capital Management could move closer to exiting the automaker as a result of the proposed deal with Fiat, analysts have said.
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The company that runs the remnants of former UK automaker MG Rover has dropped a reference to its Chinese parent from its name. NAC MG UK has changed its name to MG Motor UK to emphasize the MG name, a company spokesman said.
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Ford Motor has resumed production at its Russian plant after a steep drop in demand forced the carmaker to idle its local assembly lines for one month. "The plant restarted production in three shifts as usual.
Full story...
France's economy minister Christine Lagarde on Wednesday called on top car industry bosses to forfeit their bonuses in return for state aid.
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A partnership with Fiat partnership is the "piece of the puzzle" Chrysler needs to return to profitability, a senior executive has said.
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Russian parts maker Plaza plans to spend around US$15m on a shock absorber plant in the automaking hub of St Petersburg.
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Car sales in Russia could drop by as much as 25-50% in 2009 as the global financial crisis takes hold, according to PricewaterhouseCoopers (PwC).
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Iran's biggest car maker, Iran Khodro (IKCO) has said that it plans to reduce dependence on French manufacturers.
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Sportback points way to new A7 with highlights including ultra-clean V6 diesel engine and regenerative braking.
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Mitsubishi Motors Europe (MME) calendar year sales fell 18% to 164,462 units versus 200,045 in 2007, the automaker said on Wednesday.
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Renault has called for the French government to ensure the carmaker has access to enough cash to weather the industry crisis.
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Ford ready to go stop-start with new tech developed by US brand Lincoln
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Is it an SUV, is it a hatchback or is it a MPV? Peugeot reckons its new 3008 is all three.
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Bosses insist it doesn’t exist – but we lift the lid on big cat’s plans for stunning new 200mph Audi beater...
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AFP reports that Denso is planning a large-scale production halt for the first time in its near 60-year history.
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Great Wall is reportedly aiming for a nearly 70% jump in vehicle sales this year on the back of a Chinese government stimulus package for the auto sector.
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Extra juice for flagship Tesla Roadster
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HS250h concept points to petrol-electric 3-Series rival.
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