German carmaker Audi sold 10.7 percent fewer cars in March than in the same period last year, but managed to raise sales in China, the company said on Monday.
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Honda UK sold just 340 of its original Insight hybrid coupes, launched to a bemused public in 1999. With the new Insight, now on sale, the automaker plans to sell 7,000-8,000 a year.
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UK motoring magazine publishers Haymarket Media Group and Dennis Publishing have joined forces with the Society of Motor Manufacturers and Traders (SMMT) to call on the government to boost car sales with a scrappage scheme, offering buyers GBP2,000 to trade in their old vehicles for a new or newly new model.
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Volvo Car UK is now providing free unemployment protection with new C30, S40 and V50 models financed through Volvo Car Finance which also provides life, accident and sickness cover.
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The Renault-Nissan Alliance has inked a memorandum of understanding (MOU) with the Irish government and local energy supplier ESB which will put electric vehicles on Irish roads within two years.
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New-car sales in Britain fell by almost a third year-on-year in March, industry figures showed on Monday, prompting renewed calls for government incentives for car buyers to help combat the downturn.
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New-car sales in Britain fell by almost a third year-on-year in March, industry figures showed on Monday, prompting renewed calls for government incentives for car buyers to help combat the downturn.
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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.
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Inside one of the world's biggest car plants, there is no sense that global auto demand is in freefall as Germany heads into its worst recession for six decades.
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General Motors will lean much harder on its strongest brands and#x2014; Cadillac and Chevrolet and#x2014; as it accelerates the reduction of dealerships.
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General Motors is in turmoil, but at least one of its global units is on solid footing and preparing to play an expanded role. GM Daewoo Auto and#38; Technology Co.
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Ford may add a 300-plus-hp Focus to its U.S. lineup. The Focus RS, a three-door hatchback sold in Europe, is powered by a turbocharged 2.5-liter five-cylinder Volvo engine with 305 hp. Hermann Salenbauch, Ford Motor Co.'
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The Obama administration has demanded that General Motors get financially healthy in 60 days and#x2014; or else. That demand is likely to force the UAW and the company's unsecured bondholders to take much bigger hits than they were discussing in March.
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A Swedish court on Monday granted General Motors' loss-making unit Saab an extension of the period it is protected from creditors, giving the carmaker further time to restructure.
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France's Renault and Japan's Nissan will supply electric cars to the Irish market within two years as part of a government plan to have 10 percent of vehicles run on electricity rather than fossil fuels by 2020, Ireland's Energy Minister said on...
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General Motor's Swedish unit Saab is seeking to write off about three quarters of its non-prioritized debt, aiming for positive cashflow by 2011, a turnaround plan presented to creditors showed on Monday.
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General Motor's Swedish unit Saab is seeking to write off about three quarters of its non-prioritized debt, aiming for positive cashflow by 2011, a turnaround plan presented to creditors showed on Monday.
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Although General Motors CEO Fritz Henderson has said that every GM model must "pay the rent," there will be at least one prominent exception: the Chevrolet Volt. Last week GM disclosed that it had requested $2.
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General Motors Europe is speaking to industrial groups, sovereign wealth funds and banks which are interested in buying a stake in Opel/Vauxhall, company sources said Friday.
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The court-appointed aministrator of General Motors' Saab unit said on Monday the carmaker was seeking to write off about three quarters of its non-prioritized debt to help it reach a positive cash flow in 2011.
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