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Mar
27th

US: Buyout acceptances short at GM

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General Motors has not achieved as many buyout or early retirement acceptances as it needs. Full story...
Mar
27th

AUSTRALIA: Pacifica sees 2009 worse than 2008

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Automotive brakes maker Pacifica Group, controlled by Bosch, expects the crisis in the automotive industry to worsen in 2009, after a dreadful year in 2008. Full story...
Mar
27th

US: March vehicle sales off 40% predicted

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Forecasters are predicting that the March sales figures for the US market will make for grim reading. Full story...
Mar
27th

CAW still talking with Chrysler, no deal yet

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The Canadian Auto Workers union said on Friday it had not yet struck a cost-saving deal with automaker Chrysler LLC, but that it would remain in talks until March 31. Full story...
Mar
27th

CAW still talking with Chrysler as deadline looms

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Chrysler LLC and the Canadian Auto Workers union are still "far apart" in negotiations to reach a cost-saving deal to help the company qualify for government aid, the head of the union said today. Full story...
Mar
27th

THE WEEK THAT WAS: Most hyped launch ever?

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I guess one of the highlights of the week was the launch of surely one of the most-hyped new cars in recent times, Tata's Nano. As any major new model seems to get about three launches these days - the 'first official photo' press release, the 'international press event' and the local market launches - who's to blame Tata, which first revealed the car at the Delhi show way back in January, 2008? Full story...
Mar
27th

GM to pull Cadillac from some European markets:

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General Motors will halt Cadillac sales in more than half of the brand's European markets following the collapse of its regional distributor. Full story...
Mar
27th

SOUTH KOREA: President Lee tells auto firms to help themselves first

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South Korea president Lee Myung-bak has urged the country's automakers to do everything they can to overcome the economic slowdown before seeking government assistance. Full story...
Mar
27th

Ferrari F450 prototype spied as F430 successor heads for likely Frankfurt debut:

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Spy photographer Brenda Priddy serves up a fresh look at the Ferrari F450, the car set to replace the F430 in Ferrari's lineup later this year. Full story...
Mar
27th

Ferrari F450 prototype spied as F430 successor heads for likely Frankfurt debut:

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Spy photographer Brenda Priddy serves up a fresh look at the Ferrari F450, the car set to replace the F430 in Ferrari's lineup later this year. Full story...
Mar
27th

Ferrari F450 prototype spied as F430 successor heads for Frankfurt debut:

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Spy photographer Brenda Priddy serves up a fresh look at the Ferrari F450, the car set to replace the F430 in Ferrari's lineup later this year. Full story...
Mar
27th

Fisker picks 27 retailers to sell plug-in electric vehicles :

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Fisker Automotive has chosen its first 27 retailers, including dealership groups led by John Bergstrom and Ron Tonkin, as part of the automaker’s effort to build a boutique of low-volume green cars with price tags approaching $100,000. Full story...
Mar
27th

German seat specialist Grammer lays off 2,000 workers

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German supplier Grammer Group has cut 20 percent of its global workforce following a slump in business from its automaker customers, the company said. Full story...
Mar
27th

Ex-Cadillac man helps Infiniti go global

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A former Cadillac executive is now in charge of ensuring that Infiniti's marketing messages are strong and consistent as the brand goes global. Full story...
Mar
27th

White House to announce hike in fuel-economy standards :

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The White House on Friday will boost fuel-economy standards for light vehicles to 27.3 mpg for 2011, media reports said. Full story...
Mar
27th

Fuel-economy stanards rise to 27.3 mpg for 2011 model year:

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Fuel-economy standards for all light vehicles will rise 8 percent, to an average of 27.3 mpg for the 2011 model year, under new U.S. rules issued on Friday. Full story...
Mar
27th

Fuel-economy standards rise to 27.3 mpg for 2011 model year:

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Fuel-economy standards for all light vehicles will rise 8 percent, to an average of 27.3 mpg for the 2011 model year, under new U.S. rules issued on Friday. Full story...
Mar
27th

Johnson Controls to cut more jobs, close 10 plants

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Johnson Controls Inc. said today it will reduce its work force and close 10 plants as part of a new round of restructuring. The parts maker also will take a pre-tax charge of up to $215 million, to be taken in the second quarter ending March 31 Full story...
Mar
27th

US: Wraps come off Tesla’s Model S

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Electric car specialist Tesla Motors has unveiled its second production model in addition to its Roadster. The 'Model S' is described as a family sedan that carries seven people, travels 300 miles per charge and will sell at just under US$50,000 - with production planned to begin in 2011. Full story...
Mar
27th

Schaeffler appointee to chair Continental board

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Continental's supervisory board today elected lawyer Rolf Koerfer as its chairman. Koerfer, 51, is an adviser to the Schaeffler Group, which in January completed a hostile takeover of the tire and automotive components supplier. Full story...
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