Passenger and light commercial vehicle sales in Turkey fell 38 percent to 41,348 units in January and February, Turkey's Automotive Distributors Association said.
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Volkswagen plans to scale back production at its Slovak assembly plant for eight days in April.
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Ford Motor Co. expects electric vehicles will represent a "major portion" of its lineup a decade from now as the automaker breaks away from a recent reliance on pickup trucks and SUVs, CEO Alan Mulally said.
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Ford Motor Co. expects electric vehicles will represent a "major portion" of its lineup a decade from now as the automaker breaks away from a recent reliance on pickup trucks and SUVs, CEO Alan Mulally said.
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Passenger and light commercial vehicle sales in Turkey fell 38 percent to 41,348 units in January and February, Turkey's Automotive Distributors Association said.
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Ford Motor Co. has announced a series of concessions for its debtholders that seeks to swap company stock and cash to reduce as much as $10.4 billion in debt.
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Geely Automobile Group has no intention of acquiring Volvo, says Geely spokesman Wang Ziliang. Wang was responding to widespread reports that Geely, a small but ambitious private automaker, was in talks to buy Volvo from Ford Motor Co.
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European carmakers expect production this year to be a quarter less than in 2008 and sales to decline by about 20 percent, the head of Europe's auto industry body ACEA said.
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The Slovak government will pay drivers up to 1,500 euros to scrap cars over 10 years old and buy new vehicles under a 33 million euro ($41.74 million) plan.
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The Obama administration task force working to restructure General Motors and Chrysler LLC will meet with a top U.S. executive of Toyota Motor Corp., a spokeswoman for the Japanese automaker said Wednesday. Jim Lentz, president of Toyota's U.S.
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American Axle and Manufacturing Holdings Inc. said Wednesday its stock could be delisted by the New York Stock Exchange.
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Visteon Corp. was notified Thursday that its common shares will be delisted from the New York Stock Exchange.
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A major U.S. automotive consulting firm on Wednesday provided some rare optimism about the state of the industry. First, CSM Worldwide predicts, federal aid soon will likely begin to flow to key suppliers.
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Ford Motor Co. said Tuesday that its North American plants will build 425,000 vehicles in the second quarter.
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Only 20 days remain until official scrutineering at Albert Park, and yet the fate of the team commonly known as 'Honda' or 'Brawn Racing' is still yet to be clarified.
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The Formula One Teams Association (FOTA) today outlined its roadmap for Formula One at a press conference at which senior management figures from all 10 current Formula One teams shared the stage together.
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It seems that today, and more than ever, image is everything. When people prefer leasing BMWs than purchasing Hondas, part of the deciding factor is that you look better wearing a German luxury car. So, when people are considering a subcompact, how strong is the image criteria? And how do you think you'll look driving one of the lowest-priced cars on the market? Would you mind?
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Quebec City - The organizers of the Quebec City Auto Show are fond of innovation and enjoy surprising their visitors. Following the recent trend, they've chosen to enable visitors to get up close and personal with some of the electric vehicles currently making headlines, four vehicles that have been developed in Québec or that are produced with the help of considerable local support.
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Although stability control is a welcome addition to the complete Corolla range, it adds about $300 to the price of the CE model's Enhanced Convenience Package. That means the less expensive Corolla with the VSA system will cost $18,155.
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Bruno Senna has effectively confirmed speculation he is close to signing with Mercedes-Benz for the German touring car series DTM in 2009.
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