Mar
17th
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General Motors' top executives met with the US government's new auto industry task force on Monday but few details of the talks have emerged. Full story...
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Mar
17th
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A consumption tax cut is likely to reduce stocks of unsold vehicles in Turkey much quicker than first thought. Full story...
Mar
17th
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Restructuring costs linked to the steep decline in the global automobile sector led French supplier Plastic Omnium to a 63.2 million euro net loss during 2008, the company said today. Full story...
Mar
17th
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Auto parts maker Johnson Controls has completed the sale of equity units and convertible notes worth US$852.5m. Full story...
Mar
17th
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New Mercedes-Benz design boss Gorden Wagener is convincing top talent from competitors to join his team. Full story...
Mar
17th
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Visteon believes its auditors will express doubt about the parts maker's viability as a going concern when they sign off the 2008 financial results statements. Full story...
Mar
17th
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More than three quarters of United Kingdom consumers want a scrappage incentive to boost new-car sales, according to a survey by the country's automotive association. Full story...
Mar
17th
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PARIS -- Renault has launched series production of a fuel-efficient 1.4-liter gasoline engine at its Valladolid, Spain, factory. Full story...
Mar
17th
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Volkswagen's largest captive financial services subsidiary believes rising risk premiums will likely force its poorly capitalized rivals to consolidate or go out of business. Full story...
Mar
17th
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Upcoming spring annual wage talks between Toyota Motor and its unions are likely to see wages held at current levels though workers will get bonuses equivalent to five months' pay plus JPY100,000 (US$1,018). Full story...
Mar
17th
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Ratan Tata wants the Nano to bring mobility to the Indian masses. But the project has been hit by costly setbacks, writes Mark Bursa Full story...
Mar
17th
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General Motors appears willing to help Europeans to save the automaker's Opel unit, Germany's economy minister has said. Full story...
Mar
17th
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Mar
17th
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German Economy Minister Karl-Theodor zu Guttenberg said late on Monday that General Motors appears willing to help Europeans in saving GM's Opel unit. Guttenberg spoke with reporters after talks with GM CEO Rick Wagoner in Washington D.C. Full story...
Mar
17th
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German Economy Minister Karl-Theodor zu Guttenberg said late on Monday that General Motors appears willing to help Europeans in saving GM's Opel unit. Guttenberg spoke with reporters after talks with GM CEO Rick Wagoner in Washington D.C. Full story...
Mar
17th
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German Economy Minister Karl-Theodor zu Guttenberg said late on Monday that General Motors appears willing to help Europeans in saving GM's Opel unit. Guttenberg spoke with reporters after talks with GM CEO Rick Wagoner in Washington D.C. Full story...
Mar
17th
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Sweden's Industry Minister Maud Olofsson said on Tuesday a number of parties have expressed interest in struggling Saab, the Swedish unit of U.S. carmaker General Motors. "There are a number of interested parties," Olofsson told reporters. Full story...
Mar
17th
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Advisers to bondholders of General Motors said on Monday they have presented a framework plan to U.S. President Barack Obama's autos task force and the ailing automaker that provides the company's best chance for an out-of-court restructuring. Full story...
Mar
17th
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Advisers to General Motors' bondholders said Monday they have presented a framework plan to President Barack Obama's autos task force and the company that provides GM's best chance for an out-of-court restructuring. Full story...
Mar
17th
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Supplier Johnson Controls Inc. has sold $852.5 million in equity units and convertible notes, the company said in a statement on Monday. Full story...