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Feb
24th

UK: LDV to UK govt: let’s talk

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The UK government has apparently rejected cash-strapped LDV's plea for 'bridging' loan finance. However, the van maker is still appealing for talks Full story...
Feb
24th

INDIA: Mercedes output to ramp up slowly

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Daimler will start producing Mercedes-Benz cars in India with one shift and plans to add more shifts later, the chief executive of its Indian unit said on Tuesday. Full story...
Feb
24th

US: GM will survive, suppliers will halve

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General Motors will survive the current auto industry downturn without having to file for bankruptcy, but the number of auto industry suppliers could be cut in half, the chief executive of manufacturing advisory firm BBK has said. Full story...
Feb
24th

Daimler opens new car factory in India

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Daimler opened a 50 million euro ($63.7 million) manufacturing plant in India today. The factory will build the Mercedes-Benz C-, E- and S-class cars. Full story...
Feb
24th

US: That b-word just won’t go away

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General Motors and Chrysler should soon overcome a major hurdle in meeting the terms of emergency government loans, but analysts have warned the cash-strapped automakers remain at high risk for bankruptcy. Full story...
Feb
24th

Federal-Mogul posts $530 million net loss in Q4

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U.S. auto parts supplier Federal-Mogul Corp. today reported a steep fourth-quarter loss, hit by sharp production cuts by automakers reeling from the weakest demand in decades. Full story...
Feb
24th

Magna posts another loss as auto production slumps

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Magna International Inc., North America's largest auto supplier, reported a quarterly loss today, hurt by a slump in global vehicle production and sales. It was Magna's second straight loss after 17 years without a quarterly deficit. Full story...
Feb
24th

GM Europe workers to protest 1.2bn cost cuts

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Workers at General Motors' European brands have called a day of action on Thursday to protest the company's restructuring plans. Full story...
Feb
24th

Belgium’s Flanders gets Ford money, GM talks due

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Belgium's region of Flanders has secured a 60 million euro ($77 million) deal for a Ford Motor plant in Belgium and will speak on Tuesday with General Motors about the future of struggling Opel. Full story...
Feb
24th

Belgium’s Flanders gets Ford money, GM talks due

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Belgium's region of Flanders has secured a 60 million euro ($77 million) deal for a Ford Motor plant in Belgium and will speak on Tuesday with General Motors about the future of struggling Opel. Full story...
Feb
24th

FEATURE: Kia gets Soul

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Kia is a brand with a growth strategy. Last year it managed to grow its global sales as sales in emerging markets helped to offset declines in North America and Europe. It is now making more cars where it sells and changing perceptions of the brand. The 'impact' styling of the new Soul model is the latest development in its growth strategy. Dave Leggett reports. Full story...
Feb
24th

GENEVA PREVIEW: Nissan details new European van

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Nissan has yet to decide where it will eventually build European versions of its new compact NV200 small van/MPV line which makes its debut in production form at Geneva. Full story...
Feb
24th

Slovenia carmaker to up production, open new jobs

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Slovenian car producer Revoz, a subsidiary of French manufacturer Renault, said on Tuesday it will increase production and create new jobs this year due to higher demand, mainly from Germany. Full story...
Feb
24th

Honda plans to raise Insight output as orders climb

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Honda Motor Co. plans to produce more of its new Insight hybrid cars from April, having received orders for almost three times its monthly sales target for the gasoline-electric model it launched on Feb. 6 in Japan, a top official said today. Full story...
Feb
24th

S. African govt. discusses rescue package with carmakers

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South Africa's trade and industry minister will meet carmakers today to discuss an auto industry rescue package to help limit job losses, a government spokesperson said. Full story...
Feb
24th

New Fabia toughens up

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Skoda unveils Scout version of supermini-based estate, with body cladding and big alloys providing a muscular look
Full story...
Feb
24th

New Fabia toughens up

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Skoda unveils Scout version of supermini-based estate, with body cladding and big alloys providing a muscular look Full story...
Feb
24th

Report: Sweden prepared to guarantee loan for Volvo

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The Swedish government is set to guarantee a loan for Volvo Cars, reports said today. Full story...
Feb
24th

Report: Sweden prepared to guarantee loan for Volvo

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The Swedish government is set to guarantee a loan for Volvo Cars, reports said today. Full story...
Feb
24th

GENEVA PREVIEW [take two]: Hyundai will build new Kia MPV

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The production version of a Kia Geneva show concept, more of which was revealed today, will make a little history for the Hyundai-Kia group here in Europe: it will be the first Kia to be built in the new Hyundai plant in Nosovice in the Czech Republic. Full story...
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