Feb
9th
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Consumers in Italy could get up to 5,000 euros from the government if they buy a green car. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Feb
9th
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Nissan Motor has posted a third fiscal quarter consolidated net loss after tax of JPY83.2bn (US$0.81bn, EUR0.55bn), compared to net income of JPY132.2bn ($1.28bn, EUR0.87bn) in the same period a year ago. Full story...
Feb
9th
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Electric sportscar maker Tesla Motors is reported to be in "late-stage" negotiations for an undisclosed site to build its Model S sedan and an announcement is expected soon. Full story...
Feb
9th
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Electric sportscar maker Tesla Motors is reported to be in "late-stage" negotiations for an undisclosed site to build its Model S sedan and an announcement is expected soon. Full story...
Feb
9th
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French President Nicolas Sarkozy has threatened the ratification of the Lisbon treaty by his statement about the production of French brand cars in the Czech Republic, Czech Prime Minister Mirek Topolanek has said. Full story...
Feb
9th
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General Motors is in talks to take back large portions of Delphi Corp., the parts supplier spun off by the automaker a decade ago, a source with direct knowledge of the talks said today. Full story...
Feb
9th
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General Motors Corp is in talks to take back large portions of Delphi Corp, the parts supplier spun off by the auto maker a decade ago, the Wall Street Journal said, citing people involved in the negotiations. Full story...
Feb
9th
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Nissan Motor has announced a major restructure - described as "recovery actions designed to enhance the company's performance during the current global economic and financial crisis" - that will see 20,000 jobs axed in the next year and labour costs in high-cost countries reduced by 20%. Full story...
Feb
9th
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The head of Jaguar Land Rover has called for quicker government support to give automakers credit during the economic crisis. JLR CEO David Smith said the UK industry needs help similar to what has been granted in other European countries and the US. Full story...
Feb
9th
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France will unveil details of a plan to support its ailing car industry on Monday, a presidency official said, ahead of expected weak 2008 results from Renault and PSA/Peugeot-Citroen. Full story...
Feb
9th
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Reversing his profit forecast to a loss, Nissan Motor Co. CEO Carlos Ghosn entered crisis mode today. Ghosn announced plans to slash 20,000 jobs, cut production by 20 percent, scale back new model launches and delay new factories. Full story...
Feb
9th
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Reversing his profit forecast to a loss, Nissan Motor Co. CEO Carlos Ghosn entered crisis mode today. Ghosn announced plans to slash 20,000 jobs, cut production by 20 percent, scale back new model launches and delay new factories. Full story...
Feb
9th
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Nissan Motor will cut production by 20 percent and reduce its global headcount by 20,000 by the end of March, the carmaker said Monday. Nissan CEO Carlos Ghosn said the company has no plans to close any factories. Full story...
Feb
9th
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The demise of the Freestar (more commonly remembered as the Windstar) minivan left Ford without a small cargo carrier it could pitch to business and fleet customers who didn't need the hugeness of the E-series van. Full story...
Feb
9th
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Audi of America President Johan de Nysschen says the United States and its small-equals-cheap mentality isn't ready for premium subcompacts such as the Audi A1, which goes on sale in Europe in 2010. Full story...
Feb
9th
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The Obama administration is talking with U.S auto industry about more help, but no decisions are expected until General Motors and Chrysler LLC submit turnaround plans to the government Feb. 17, a White House official said on Friday. Full story...
Feb
9th
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The British government is studying car scrapping schemes introduced in other European countries to boost demand for new models but is not certain they would work, a spokesman for Prime Minister Gordon Brown said on Friday. Full story...
Feb
9th
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General Motors is launching a program to whittle inventory by enticing dealers with bonus cash for taking more stock. But some dealers fear GM is trying to push vehicles on them that they can't sell. Full story...
Feb
9th
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The British government is studying car scrapping schemes introduced in other European countries to boost demand for new models but is not certain they would work Full story...
Feb
9th
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The family that owns German supplier Schaeffler hopes to sell a stake in the company to reduce heavy debts that financed its acquisition of Continental. Full story...