Jan
29th
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A car purchase tax reduction in Brazil has lifted car sales in January according to the Brazilian carmakers' association, ANFAVEA. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Jan
29th
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The continuing crisis in the Spanish car industry will hit this year's Barcelona Auto Show, with the country's leading automakers' association saying its members would not be attending. Full story...
Jan
29th
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Automotive seating and electronics supplier Lear Corp. reported a loss for the fourth quarter due to sharply lower vehicle output in North America and Europe and said it was talking to lenders to arrange new credit terms. Full story...
Jan
29th
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Ford on Wednesday announced a fourth quarter 2008 net loss of US$5.9bn, or $2.46 per share, and a pre-tax loss of $3.7bn, excluding special items, but insisted it had sufficient liquidity to fund its auto operations, despite burning through $5.5bn of cash in the fourth quarter. Full story...
Jan
29th
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Ford on Wednesday announced a fourth quarter 2008 net loss of US$5.9bn, or $2.46 per share and a pre-tax loss of $3.7bn, excluding special items. Full story...
Jan
29th
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Toyota Motor Manufacturing (UK) (TMMUK) is considering both short-time working or suspending production completely at its two plants here, possibly adding to production cuts that began as long ago as last September. Full story...
Jan
29th
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Porsche chairman Wendelin Wiedeking is expected to face some tough criticism at the company's annual general meeting tomorrow, despite a highly successful year. Full story...
Jan
29th
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Renault said on Thursday it would cut a shift at its factory in Palencia, northern Spain. Full story...
Jan
29th
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DETROIT -- Ford Motor Co., scrambling to survive without federal aid, burned through $5.5 billion in cash during the final three months of 2008 as losses mounted. Ford said today it finished the year with cash reserves of $13. Full story...
Jan
29th
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Schaeffler and Continental representatives met with national and regional government representatives yesterday to discuss the possibility of state aid. Full story...
Jan
29th
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Audi workers will get a voice on Porsche Automobil Holding's supervisory board. Peter Mosch, chairman of Audi's works council, will join the 12-strong supervisory board after Porsche Automobil's annual meeting Friday, January 30. Full story...
Jan
29th
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Ford's UK operation claims to have entered 2009 in a stronger position than many rivals - because it saw the economic downturn coming and took early action. Full story...
Jan
29th
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Italy's government promised to unveil a package to help the country's auto industry within the next 10 days. The government is looking at incentives for car buyers totaling around 300 million euros, according to Italian media. Full story...
Jan
29th
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Grainy spy shot gives best look yet at Peugeot’s forthcoming Mondeo rival, which promises innovative drivetrain to match its dramatic, modern look. Full story...
Jan
29th
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The billionaire owner of German supplier Schaeffler Group rejected speculation she could use her own fortune to bail out the heavily indebted company rather than seek help from German taxpayers. "Our wealth is bound up in the company. Full story...
Jan
29th
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Analysts and investors expect Ford to announce a large fourth quarter loss later on Thursday (29 January) and are expected to closely scrutinise its cash burn and near-term prospects. Full story...
Jan
29th
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The 2009 Mercedes-Benz ML320 BlueTec replaces the previous ML320 CDI and is powered by Mercedes-Benz's all-new "clean" diesel.
The recently face-lifted M-class has enough sparkle and presence, what with its redesigned front bumper, flashy new headlamps, and shiny nineteen-inch wheels, to satisfy all who yearn for the three-pointed star. This ML320 BlueTec replaces the previous ML320 CDI and is powered by Mercedes-Benz's all-new, so-called "clean" diesel, the first modern diesel engine from Mercedes that is approved for sale in all fifty states, including super-picky California, because it uses an AdBlue exhaust injection liquid that reduces NOx by some 80 percent. That is quite an achievement.
Photo Gallery: 2009 Mercedes Benz ML320 BlueTec - Mercedes Benz Crossover SUV Review - Automobile Magazine
Jan
29th
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The 2009 Mercedes-Benz ML320 BlueTec replaces the previous ML320 CDI and is powered by Mercedes-Benz's all-new "clean" diesel.
The recently face-lifted M-class has enough sparkle and presence, what with its redesigned front bumper, flashy new headlamps, and shiny nineteen-inch wheels, to satisfy all who yearn for the three-pointed star. This ML320 BlueTec replaces the previous ML320 CDI and is powered by Mercedes-Benz's all-new, so-called "clean" diesel, the first modern diesel engine from Mercedes that is approved for sale in all fifty states, including super-picky California, because it uses an AdBlue exhaust injection liquid that reduces NOx by some 80 percent. That is quite an achievement.
Photo Gallery: 2009 Mercedes Benz ML320 BlueTec - Mercedes Benz Crossover SUV Review - Automobile Magazine
Jan
29th
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Amid an estimated 25 percent drop in the global car market in January, Volkswagen's vehicle sales fell by only 15 percent, VW's chief executive told the Financial Times. Full story...
Jan
29th
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Organizers struggled Thursday to save this year's Barcelona auto show after major automakers pulled out of the event due to the economic crisis. Full story...