Feb
17th
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Dongfeng Motor Group vehicle sales in January fell 19.46% year on year. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Feb
17th
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GKN, the UK's largest auto parts supplier, will close two components factories in England. Full story...
Feb
17th
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The European new car market is showing no signs of recovery as sales plunged 26% year on year to 954,234 units last month. Full story...
Feb
17th
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To keep in step with Mini, Fiat will launch a convertible version of the 500 at the Geneva motor show. The 500C comes a couple months after Mini showed its own new convertible at the Detroit auto show. Full story...
Feb
17th
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Liberty, which owns a controlling stake in satellite TV provider DirecTV Group Inc., would also receive seats on Sirius XM's board, and expects Malone and Liberty CEO Greg Maffei to join the board. Full story...
Feb
17th
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Continental has said that Nikolai Setzer will be taking over the temporary management of its car tyre division, in addition to the position he already holds as head of the replacement business car and light truck tyre division Europe and
Africa. Full story...
Feb
17th
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Penske Automotive Group Inc. posted a fourth-quarter net loss today of $510 million, the dealership group's first quarterly net loss since 1998. Most of the loss stemmed from one-time charges and adjustments. Full story...
Feb
17th
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The car industry in Central and Eastern Europe and Russia is expected to recover soon from the current crisis and to suffer less than producers in Western Europe, according to a study. Full story...
Feb
17th
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To save costs, Continental will not have an exhibition stand at the IAA in Frankfurt in September. The German supplier is the second automotive company to withdraw from Europe's biggest auto show. Full story...
Feb
17th
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Germany's Social Democrat (SPD) party is open in principle to providing ball-bearing maker Schaeffler with state aid, chairman Franz Muentefering has said. Full story...
Feb
17th
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Embattled Jaguar Land Rover is close to agreeing cost-cutting measures with its workers. The British carmaker, which Ford Motor sold to Tata Motors for $2.3 billion last summer, needs to reduce costs after a steep fall in its unit sales. Full story...
Feb
17th
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Daimler has posted a net profit of EUR1.4bn on full-year 2008 revenue of EUR95.9bn versus EUR4.0bn a year previously on revenue of EUR99.4bn. Full story...
Feb
17th
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Renault said it is looking for partners to share engine development costs. Renault already has partnerships with General Motors and Suzuki, which both buy Renault diesel engines. Full story...
Feb
17th
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The United States is not protectionist and there is "no bias" against Italian auto giant Fiat's possible tie-up with Chrysler, US House of Representatives Speaker Nancy Pelosi has said. Full story...
Feb
17th
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Hella has acquired all the shares of its previous Relay Joint Venture Hella Hongfa (Xiamen) Automotive Electronics Co. Ltd. (HAE) in China. Full story...
Feb
17th
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Sichuan Auto Industry Group has said that it has no interest in buying GM's up-for-sale Hummer unit. Full story...
Feb
17th
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Norma is to place nearly 600 employees on part time work, and is also filing a request with the labour inspectorate to end the contracts of 52 workers. Full story...
Feb
17th
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Suzuki plans to decide in late March whether it will delay the launch of its future car assembly plant in Russia by one year. Full story...
Feb
17th
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General Motors and the United Auto Workers union were reported to have made progress in concession talks while bondholders were offered proposals to slash GM's debt on Monday, a day ahead of the automaker's submission of a new survival plan to the US government. Full story...
Feb
17th
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Chinese carmaker BYD says it sold 24,107 vehicles in January, up 80% on last year. Full story...