General Motors India is gearing up for an action-packed 2012 with a slew of launches and boosted plant capacity.
Nissan is forecasting a drop of 15% in net income for the current fiscal year to March 31 2012 as margins are squeezed by a strong yen and higher material costs.
Audi aims to nearly double its annual new car sales to 2 million by 2020, according to media reports.
Scandinavian supplier body FKG doubts its members will receive any money should Saab's dire predicament result in collapse.
June new vehicle sales in the US are on track to at least meet and perhaps exceed May levels, a top Ford executive said.
Ford is expanding its industry-first rear inflatable seat belts, introduced in the latest Explorer, into Flex and Lincoln vehicles set to arrive in dealer showrooms next summer.
Italian partsmaker Sogefi has bought rival Mark IV Systemes Moteurs in a deal giving the French company an enterprise value of EUR150m (US$215m).
Toyota, which claims to be Australia's leading manufacturer, importer and exporter of cars, has recommended the abolition of the Federal Government's luxury car tax, following media reports of buyer expoitation of a tax loophole.
Round-the-clock production at Volkswagen's factory in Slovakia will be extended by six months until the end of the year on sound global demand. The plant produces the Volkswagen Touareg, Audi Q7, and parts of the Porsche Cayenne.
Aviva has announced that it has agreed to sell UK motorist organisation the RAC (also the UK's second largest roadside assistance provider) to investment company The Carlyle Group for GBP1bn.
Aston Martin announces limited edition Cygnet developed with Parisian fashion house Colette to create the 'Cygnet & colette' city car
Saab says it is trying to hasten financial developments that could secure its immediate future as it announced today (23 June) it had suspended staff wage payments.
New vehicle sales in Malaysia fell by 9.4% to 46,045 units in May, from 50,845 units a year earlier, according to data released by the Malaysian Automotive Association.
Electric car maker Think Global AS has filed for bankruptcy after failing to find financing for its business.
MINI reveals a one-off motorsport version of its new Coupe set to compete at the Nurburgring 24 Hours in Germany
Saab says its employees are not being paid from today (23 June) as the automaker's financial crisis lurches into a new critical phase due to short-term funding difficulties.
First prototype for new two-seater drop-top is spied testing near to Jaguar's Coventry base
Unions at Saab, which is unable to pay wages to its workers, threatened on Thursday to start a legal process that could end in bankruptcy for the iconic brand.
Unions at Saab, which is unable to pay wages to its workers, threatened today to start a legal process that could end in bankruptcy for the brand.
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