Renault has reached its year-end target of slashing rising stocks of unsold vehicles back to the levels it recorded at the end of 2007, chief operating officer Patrick Pelata said on Tuesday.
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Plants may be closing for days in Japan after a 34-year sales low and volumes down in North America and Europe but the Australian arm of Toyota remains bullish, saying it defied global trends to establish a record in 2008.
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Mazda reveals its plans for wild new 2, alongside tuned versions of popular 6 and RX-8
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Bentley will complete its Speed portfolio when it introduces a freshened Continental GTC range at the Detroit auto show.
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Toyota is to suspend production at all of its domestic plants for 11 days in February and March as sales continue to slump.
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Toyota Motor Corp. will halt production at its Japanese plants for 11 days in February and March as plunging U.S. sales has left dealers' lots full of unsold cars.
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Toyota Motor Corp. will halt production at its Japanese plants for 11 days in February and March as plunging U.S. sales has left dealers' lots full of unsold cars.
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Full-year 2008 new vehicle sales fell just 3.6% 'down under' though the forecast for 2009 is off 13%.
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ArvinMeritor is cutting basic salaries of around 100 senior executives by 10% as it looks to conserve cash in response to "worsening economic conditions".
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Manheim Auctions' full year round-up of 2008 reveals that average wholesale values of used cars in Britain plummeted by 21% during the year.
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Fiat's new coupe, ultimate legends head-to-head group test, Audi's hot new A1, 200mph Bentley convertible
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Bentley has revised its Continental GTC (GT open-top) range and added a new variant.
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Chrysler, with a $4bn low-interest federal government loan in the bank, has said it has enough liquidity to survive to the end of March despite slumping sales.
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Opel is reducing its car prices in response to slow car demand.
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Thirty thousand jobs in German car dealerships and service workshops are currently at risk, according to the president of the dealers' trade association, the Zentralverband Deutsche Kraftfahrzeuggewerbe (ZDK), Robert Rademacher.
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Suzuki Motor Corporation has celebrated 25 years of car production at its Maruti Suzuki plant in India.
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Bentley today unveiled a more powerful version of its Continental GTC convertible aimed at attracting younger buyers to the luxury marque.
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Suzuki Motor Corporation has celebrated 25 years of car production at its Maruti Suzuki plant in India.
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Future coupé promises it will be a real 'glass' act with radical new targa topped design.
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Reva Electric Car Company (REVA, maker of the G-Wiz brand electric cars) has announced the European launch of its lithium-ion (li-ion) battery powered EV the REVA L-ion.
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