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Feb
17th

Mazda has cut 30% of its dealerships since ’05

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Mazda North American Operations has trimmed its U.S. retail network by nearly 30 percent since 2005, CEO Jim O'Sullivan said. Mazda's U.S. Full story...
Feb
17th

GM seeks $16 billion more in U.S. help

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GM asked the federal government today for an additional $16.6 billion in federal aid to help it survive. Without the new funding, the automaker could run out of money sometime in March. Full story...
Feb
17th

GM seeks up to $16 billion more in U.S. assistance

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GM asked the federal government today for as much as $16.6 billion in additional federal aid to help it survive. Without the new funding, the automaker could run out of money sometime in March. Full story...
Feb
17th

Chrysler says it needs another $2 billion in aid

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In submitting its viability plan to the federal government today, Chrysler LLC asked for an additional $2 billion beyond the $7 billion in rescue loans it sought late last year and stepped-up cost-cutting moves to combat falling sales. Full story...
Feb
17th

Rinspeed releases more details on iChange for Geneva:

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Rinspeed’s chameleon-like contraption, the iChange, does a good job of pushing the boundaries of conventional car wisdom. It’s intriguing--to say the least--and now we’re getting more details in advance of its reveal at the Geneva motor show. Full story...
Feb
17th

Consulting firm Product Action closes its doors

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The souring U.S. auto industry has claimed another victim: Product Action International LLC. The Indianapolis consulting firm that helps such clients as General Motors, Chrysler LLC and Toyota Motor Engineering and Manufacturing North America Inc. Full story...
Feb
17th

U.S. spending on manufacturing gear falls 2.4% in ’08

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U.S. spending on machine tools and other manufacturing equipment fell by more than half in December, dragging the full-year total down 2.4 percent from 2007. Consumption of U.S.-made and imported machine tools and metalworking equipment dropped 52. Full story...
Feb
17th

Levin: GM’s need for more assistance may hinge on sales levels

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U.S. Sen. Carl Levin said today that General Motors might need federal assistance beyond the $13.4 billion in loans already approved if vehicle sales stay at depressed levels. Full story...
Feb
17th

New U.S. aide can bridge gaps in auto restructuring

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Ron Bloom, named to an Obama administration team to help overhaul the U.S. auto industry, is a seasoned labor negotiator who can close a deal with Wall Street financiers but help get workers facing a horrible reality something for their sacrifice. Full story...
Feb
17th

Nissan Maxima returns to winning forumla: Short stint review:

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OUR TAKE: Nissan calls this new-for-2009 Maxima the return of the four-door sports car. (There's even a small 4DSC sticker in the corner of the back door). Full story...
Feb
17th

New Mazda 3 has base price of $15,715:

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When the second-generation Mazda 3 hits dealerships in the spring, it will wear a base price of $15,715 (including $670 destination), which represents a $355 increase over its predecessor. Entry-level "i" models remain powered by a 2. Full story...
Feb
17th

UK: GKN to shut two factories

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GKN has announced plans to shut two facilities and consolidate its UK driveline component operations into a single centre at its existing plant at Erdington, Birmingham (UK). Full story...
Feb
17th

US: Nissan EV will have 100-mile range

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The state of Tennessee - home to Nissan's first car 'transplant' factory 15 years ago, and where it now has its US headquarters - would be one of the first locations where it would sell its new all-electric car, with a 100-mile (160km) battery range, after it arrives in late 2010, a top official at the automaker has said. Full story...
Feb
17th

Mercedes-Benz replaces CLK with E-class coupe :

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After a 12-year run and more than 460,000 sales across two generations, Mercedes-Benz has replaced the CLK with the 2010 E-class coupe. Full story...
Feb
17th

Citroën DS model to be revealed at Geneva:

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Along with a fresh three-dimensional company logo, Citroën will reveal the first model in its revived DS (for "different spirit") range at the Geneva motor show next month. Full story...
Feb
17th

Citroën DS model to be revealed at Geneva motor show:

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Along with a fresh three-dimensional company logo, Citroën will reveal the first model in its revived DS (for "different spirit") range at the Geneva motor show next month. Full story...
Feb
17th

Audi to show rugged A4 allroad in Geneva :

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While Audi's A6 allroad quattro didn't resonate in North America and ultimately was discontinued after the 2005 model year, it did enjoy mild popularity in Europe and continues to be sold there. Full story...
Feb
17th

Delphi retirees fight for benefits

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Delphi Corp.'s retired salaried employees have formed an organization to fight the bankrupt supplier's decision to eliminate their health care and life insurance benefits. Full story...
Feb
17th

JAPAN: Honda Insight draws 10,000 orders in 10 days

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Orders for Honda's new Insight ultra fuel-efficient hybrid hatchback topped 10,000 units just 10 days after its 6 February showroom launch in Japan, the carmaker said. Full story...
Feb
17th

CHINA: Honda car sales up 17%

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Honda Motor's China passenger car sales rose 16.8% year on year in January to 38,022 units, outperforming a 7.76% fall in the country's overall car market. Full story...
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