Ford has axed a shift at its Southampton Transit plant in southern England, citing "significantly reduced medium commercial vehicle sales across Europe" amidst union fears this may be the start of the automaker's exit from UK van production.
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PSA Peugeot-Citroen group vehicle and CKD unit sales fell 4.9% year on year in 2008 to 3,260,000 units in a global market down 5.7%.
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Germany plans to provide 1.5 billion euros to support its auto industry. The aid is part of a German government 50 billion-euro stimulus package of investments, tax relief and support for companies.
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France is likely to announce measures to boost carmakers' capital at a meeting on January 20 aimed at helping the country's battered auto industry, Economy Minister Christine Lagarde said on Tuesday.
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Troubled Ssangyong has halted production at both its plants because of a shortage of parts. It is unclear when production may resume.
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Former DaimlerChrysler and Volkswagen group board member Wolfgang Bernhard has a new job.
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Dacia has announced a new two-week production stoppage, between January 26 and February 8. The company blames slow orders on the back of the local new car market slump which is being intensified by used car imports.
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Sales of new passenger cars and light trucks in Slovakia rose by 16.4% to 96,897 units in Slovakia in 2008, according to data just released by the local Automotive Industry Association.
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GM has said it will cut 744 jobs at one of its Brazilian plants due to slower orders.
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Jaguar chief executive Mike O'Driscoll has warned that Jaguar and Land Rover may have to cut more jobs in response to falling car sales. He said the company is looking hard at its cost base to ensure the business structure reflects "current market realities".
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Mahindra & Mahindra (M&M) has introduced a new multi-purpose utility vehicle to the Indian market.
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Suzuki Hungary has resumed production at its plant in northern Esztergom after a five-day break due to disruption in gas flow according local newspaper Vilaggazdasag.
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Volkswagen's Concept Bluesport, one of the stars here at the Detroit show, is a Mazda MX-5 rival based on a new group platform and there's about a 70% chance of the mid-engine rear wheel drive roadster making it into production, according to VW.
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Ford and General Motors are still pushing ahead with plans to sell their Swedish car brands while the Swedish government has ruled out more state aid or taking stakes.
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Chrysler's 200C concept demonstrates next generation technology which, along with internet access, links with street cameras to provide real-time traffic information.
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BYD, a Chinese company, is better known as a maker of batteries, especially lithium-ion batteries used in mobile phones. Now it wants to be as well known for electric cars and its chairman Wang Chuan-Fu said here that it aims to launch a plug-in hybrid model, the F6DM, and the E6 all-electric car, in the US and Europe in 2011.
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Toyota blitzed the Detroit show with its redesigned Prius, its first hybrid-only Lexus sedan and an electric vehicle concept based on the new iQ city car that has just gone on sale here in England.
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Swiss car parts supplier and engineering group Georg Fischer is cutting some 340 jobs, half of them in Switzerland, as it fights to maintain its profitability in adverse conditions. Fischer said on Tuesday it will make the cutbacks, some 2.
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French carmaker Citroen plans to resume production at its Slovakian car plant on Thursday, the head of sales for France, Alain Favey, said on Tuesday.
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Volvo, traditionally known for its strong safety record, also wants to emphasize design features and fuel efficiency in its marketing.
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