Prime Minister Vladimir Putin's government is the driving force behind Russia's interest in General Motor's German affiliate Opel, analysts say.
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AvtoVAZ will slash working hours starting in June, Russia's largest car maker said on Tuesday, less than two months after the government unveiled a massive bailout plan meant to keep auto workers employed.
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Samsung has begun producing the new (2010MY) SM3 compact car in South Korea.
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South Korea's top technology university has been reported to have developed a plan to power electric cars through recharging strips embedded in roadways, using a technology to transfer energy found in some electric toothbrushes.
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A congressional subcommittee has asked bankrupt Chrysler to provide documents on its planned factory closings, with the panel's chairman saying lawmakers were not given a full accounting of the matter.
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Hundreds of French workers from German-owned Continental have burned tyres in front of Paris' old stock market as they attempted to increase pressure on the government ahead of talks about the planned closure of their plant in Clairoix, northern France.
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Bentley's new green car has been spied blitzing the Green Hell.
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Bentley's new green car has been spied blitzing the Green Hell.
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April vehicle sales in Thailand reached 39,713 units in April, 27.4% down on the same month last year.
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Porsche declined to comment on Tuesday on rumors that the carmaker could receive a 3-4 billion euro ($4.09-5.45 billion) investment from an unnamed Kuwaiti investor.
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Porsche declined to comment on Tuesday on rumors that the carmaker could receive a 3-4 billion euro ($4.09-5.45 billion) investment from an unnamed Kuwaiti investor.
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Renault will build a new small niche car starting in 2010 at its factory in Novo Mesto, Slovenia, a company spokesman said.
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Renault will build a new niche car starting in 2010 at its factory in Novo Mesto, Slovenia, a company spokesman said.
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Mexico is close to approving a plan to make funds available to carmakers struggling to keep their plants operating, according to the economy ministry.
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Ford plans to spend $55m converting a factory that used to make V8s to build its new V6 EcoBoost engines which the company says are 20% more fuel efficient than the V8s and will help it meet new fuel economy rules to be announced today (19 May) by President Obama.
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Hitachi Vehicle Energy has developed a lithium-ion battery claimed to have the industry's highest power density of 4,500W/kg, 1.7 times the output of the company's current mass-produced, automotive lithium-ion batteries.
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Takata, Japan's largest manufacturer of air bags and seat belts, is to close three factories, two in Mexico and one in Europe, with the loss of 2,100 jobs because of falling demand from carmakers.
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The cash-for-clunkers scheme has officially kicked off, but who are the winners and losers...
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Carmakers are anticipating a sales boost from a scrappage incentive launched in the U.K. on Monday. Ford Motor Co.
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Carmakers are anticipating a sales boost from a scrappage incentive launched in the U.K. on Monday.
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