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Apr
21st

SHANGHAI SHOW: Skoda launches new Chinese-built flagship

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Skoda is launching its locally-produced Superb Hao Rui at the Shanghai motor show this week. Full story...
Apr
21st

Honda says U.S. market is starting to bottom out

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Honda Motor Co. President Takeo Fukui said on Tuesday the U.S. market has shown signs of having bottomed out since the start of April. A slump in demand in the key U.S. Full story...
Apr
21st

Honda says U.S. market shows signs of bottoming out

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Honda Motor Co. President Takeo Fukui said on Tuesday the U.S. market has shown signs of having bottomed out since the start of April. A slump in demand in the key U.S. Full story...
Apr
21st

Honda says U.S. market shows signs of bottoming out

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Honda Motor Co. President Takeo Fukui said on Tuesday the U.S. market has shown signs of having bottomed out since the start of April. A slump in demand in the key U.S. Full story...
Apr
21st

Honda’s Fukui says U.S. market shows signs of bottoming out

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Honda Motor Co. President Takeo Fukui said on Tuesday the U.S. market has shown signs of having bottomed out since the start of April. A slump in U.S. Full story...
Apr
21st

BMW’s U.S. dealers to invest $300M in showrooms

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Amid the worst slump in car demand in decades, dealers at BMW's 338 U.S. showrooms plan to invest $300 million to refurbish their operations or expand into new areas, the company said. This would come on top the $2. Full story...
Apr
21st

Faurecia posts 38% revenue fall in Q1

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French car parts maker Faurecia posted a 38 percent fall in first-quarter revenue on Tuesday and confirmed its full-year forecast for sales to drop 20 percent in Europe and 30 percent in North America. Quarterly sales were 2.008 billion euros ($2. Full story...
Apr
21st

Faurecia posts 38% revenue fall in first quarter

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French car parts maker Faurecia posted a 38 percent fall in first-quarter revenue on Tuesday and confirmed its full-year forecast for sales to drop 20 percent in Europe and 30 percent in North America. Quarterly sales were 2.008 billion euros ($2. Full story...
Apr
21st

U.S. to give Chrysler $500M, GM up to $5B in new aid

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The Obama administration will make about $500 million available to Chrysler LLC through the end of this month as it seeks to reach an alliance with Fiat, and up to $5 billion through May to help General Motors restructure outside of bankruptcy, an... Full story...
Apr
21st

U.S. to give Chrysler $500M, GM up to $5B in new aid

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The Obama administration will make about $500 million available to Chrysler LLC through the end of this month as it seeks to reach an alliance with Fiat, and up to $5 billion through May to help General Motors restructure outside of bankruptcy, an... Full story...
Apr
21st

Supplier bailout carries fraud risk, watchdog says

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The U.S. Treasury Department's $5 billion fund for auto suppliers may be susceptible to fraud, a watchdog for the federal bailout said today. Full story...
Apr
21st

Supplier bailout fund carries fraud risk, watchdog says

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The U.S. Treasury Department's $5 billion fund for auto suppliers may be susceptible to fraud, a watchdog for the federal bailout said today. Full story...
Apr
21st

Toyota’s production for 09/10 likely to fall 12%, says report

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Toyota Motor Corp will likely produce about 6.2 million vehicles globally in the business year to March 2010, a newspaper reported, down more than 12 percent amid a global sales slump. Full story...
Apr
21st

Toyota’s production for 09/10 likely to fall 12%, says report

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Toyota Motor Corp will likely produce about 6.2 million vehicles globally in the business year to March 2010, a newspaper reported, down more than 12 percent amid a global sales slump. Full story...
Apr
21st

General Motors shuts Silao plant for a week

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General Motor's Mexico unit said on Monday it shut operations for a week at its pick-up and sport utility vehicle plant in central Mexico due to weak demand in the United States. Full story...
Apr
21st

13 suppliers, automakers, win annual innovation honors

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Automotive News and co-sponsors Ernst and Young and the Transportation Research Center Inc. Monday night presented the winners of the 2009 Automotive News PACE Awards. Full story...
Apr
21st

Toyota’s annual production likely to fall 12%, report says

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Toyota Motor Corp will likely produce about 6.2 million vehicles globally in the business year to March 2010, a newspaper reported, down more than 12 percent amid a global sales slump. Full story...
Apr
21st

13 suppliers, automakers, win innovation honors

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Automotive News and co-sponsors Ernst and Young and the Transportation Research Center Inc. Monday night presented the winners of the 2009 Automotive News PACE Awards. Full story...
Apr
21st

Toyota’s annual output may fall 12%, report says

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Toyota Motor Corp. will likely produce about 6.2 million vehicles globally in the business year to March 2010, a newspaper reported, down more than 12 percent amid a global sales slump. Full story...
Apr
21st

IRL: No more wheelbase options for oval racing

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The sanctioning body of the IndyCar series, IRL has adopted a partly cost-saving rule and partly a competition enhancement where the uniformity (with a half-inch tolerance for caster adjustments) of the wheelbase used in oval racing will be restricted to 122 inches. Full story...
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