Toyota has developed a claimed world first for the new-generation Prius recently launched in Japan and due soon in export markets - plastic components made from plants that could be grown in any backyard.
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Fisker Automotive is to receive an additional US$85m in venture capital funding for the development and manufacturing of its Karma plug-in hybrid automobiles, the company has said.
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GAZ Group reportedly has offered to make the first payment of 500m rubles on a defaulted 5b ruble bond issue in April-June.
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Belarus is offering incentives including tax breaks to car companies willing to set up assembly plants in the country.
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Spy shot reveals new look for flagship model – changes under the skin too...
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The Obama team appears to be moving GM toward a quick, 'surgical,' pre-packaged bankruptcy, but parts of Wall Street remain deeply skeptical that it's actually doable. Is this what one appalled financial outlet called "high-stakes brinkmanship"? John Voelcker reports from Manhattan.
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Toyota resumed Russian Camry production on Tuesday.
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GAZ Group is looking for partners to increase production at its UK LDV van plant LDV, deputy CEO Vadim Sorokin said on Monday.
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Daimler's luxury brand Mercedes-Benz received 50,000 orders for its new E-class sedan prior to its launch at the end of March, the company said on Tuesday.
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The head of partly state-owned automaker and Renault JV partner Iran Khodro has been replaced.
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It's based on the same driving principles as a skateboard. It looks like a phone booth, or perhaps a baby stroller.
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GM Daewoo Auto and Technology, the South Korean unit of General Motors, swung to a huge net loss in 2008, as massive foreign exchange bets to hedge overseas sales turned sour on a weaker won and declining exports, the firm said Tuesday.
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First sight of 327bhp drop-top Nissan which undercuts Boxster, Z4 and SLK rivals
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General Motors will introduce four-day working weeks in engine production at its powertrain plant in Hungary, the news agency MTI reported on Tuesday.
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With car production set to take a further dive, government should step in with 'job support' measures until the good times return, said IMI president Professor Garel Rhys in his keynote address at this year's Institute of the Motor Industry (IMI) dinner.
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Jaguar Land Rover is expected to get a lifeline from the European Investment Bank on Tuesday when it approves a GBP300m loan for the car maker.
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The clock is ticking for French coachbuilder Heuliez, and it's anyone's guess whether a solution will be found before the 90-year-old family-owned firm collapses.
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Its based on the same driving principles as a skateboard. It looks like a phone booth, or perhaps a baby stroller.
Full story...
Its based on the same driving principles as a skateboard. It looks like a phone booth, or perhaps a baby stroller.
Full story...
Falling demand for company cars dented automobile sales in the Czech Republic in the first three months of 2009, pushing new registrations down by an annual 16.4 percent, the country's Car Importers Association said.
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