April, 2009 | Auto News 5

Apr

14th

Supplier strike halts Twingo, Clio production

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Revoz, the Slovenian unit of Renault, said on Tuesday it halted production on April 9 because a subcontractor went on strike. Full story...

Apr

14th

ROMANIA: Goverment mulls loan guarantees

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Romania's Government will grant state guarantees totalling more than EUR1.5bn to companies in a range of industries - including automotive. Full story...

Apr

14th

US: Chrysler creditors consider counter-offer, concessions

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Chrysler creditors are planning a counter offer to the US treasury this week, in which they might ask for equity in a firm combining Chrysler with potential partner Fiat in exchange for concessions, the Wall Street Journal (WSJ) reported, citing "people familiar with the matter". Full story...

Apr

14th

Citroen gets new boss for crucial French market

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Citroen's new boss Jean-Marc Gales has made his first major change by replacing the brand's French market chief. Gales has promoted Xavier Chardon, 37, to run its crucial French operations. Full story...

Apr

14th

US: Marchionne could become Chrysler CEO – report

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Hurrying to meet a 30 April deadline to agree terms of an alliance, Fiat and Chrysler are discussing a new seven-member Chrysler board including Fiat representatives and possibly even members of the Obama administration's autos task force, a media report said. Full story...

Apr

14th

US: GM revamp won’t be fast or easy

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Turnaround experts have warned that a government-directed General Motors bankruptcy is unlikely to be as fast or as simple as the US treasury department hopes. Full story...

Apr

14th

Recession slows Nissan’s ambitions for the 370Z

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Nissan has lowered sales expectations for its latest 370Z sports coupe by a third because of the economic downturn. The Japanese carmaker had hoped that annual global sales of the 370Z would be 30,000, including 10,000 in Europe. Full story...

Apr

14th

SOUTH KOREA: Trouble brewing at Ssangyong

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The labour union at Ssangyong has, as expected, said that its members have overwhelmingly approved a proposed strike against mass layoffs. Full story...

Apr

14th

Aston takes covers off new Rapide

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After months of waiting, Aston officially unveils the Rapide

Full story...

Apr

14th

US: Bondholders readying to fight GM bankruptcy plan

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General Motors bondholders are readying legal action against the carmaker's bankruptcy plan, a media report said. Full story...

Apr

14th

Opel labor leader says he expects investor to emerge

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The top European union official at General Motors expects an investor to be found for the carmaker's Opel/Vauxhall subsidiary. Full story...

Apr

14th

Opel labor leader says he expects investor to emerge

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The top European union official at General Motors expects an investor to be found for the carmaker's Opel/Vauxhall subsidiary. Full story...

Apr

14th

Opel labor leader expects investor to emerge

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The top European union official at General Motors expects an investor to be found for the carmaker's Opel/Vauxhall subsidiary. Full story...

Apr

14th

US: Treasury readies GM for fast-track bankruptcy, split – paper

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The US treasury is preparing to force General Motors into a carefully-prepared, fast-track bankruptcy that will split the automaker into 'good' and 'bad' companies by 1 June, a US newspaper said on Monday (14 April). Full story...

Apr

14th