Jan
22nd
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Fiat has cut its 2009 earnings forecast and said it won't pay a dividend after Q4 profit plunged as the recession hit its sales. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Jan
22nd
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Curious about how Toyota really works? Check out this episode: A Toyota engineer has to make a business trip from company headquarters in Nagoya to Tokyo. Full story...
Jan
22nd
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Brilliance Auto, the Chinese partner of BMW, plans to build a RMB3bn (US$439m) car plant in north east China. Full story...
Jan
22nd
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Supplier Dura Automotive Systems Inc., which emerged from Chapter 11 reorganization last summer, is taking the first step toward becoming a private company, according to regulatory documents filed late Wednesday. Full story...
Jan
22nd
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Hyundai Motor is reported to have put expansion plans in Brazil on hold, postponing the building of a US$600m assembly plant announced last September due to the global economic slump. Full story...
Jan
22nd
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GM and Uzavtoprom have completed the creation of their joint venture to produce automobile engines in Uzbekistan's Tashkent region. Full story...
Jan
22nd
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Renault chief Carlos Ghosn has said he would forego his bonus payment this year after the French government announced a large aid package for struggling car makers. Full story...
Jan
22nd
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Toyota Motor is considering selling the new IQ microcar in the US market, a senior executive said. Full story...
Jan
22nd
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Profit at Hyundai Motor Co. slid 8.9 percent in the fourth quarter, despite help from favorable exchange rates that lifted revenue from exports. Operating income sank to 581 billion won ($524.8 million) in the three months ended Dec. 31, from $576. Full story...
Jan
22nd
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Kia is staying on schedule with plans to start production in its key US export market. Full story...
Jan
22nd
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Hyundai Motor and affiliate Kia Motors have posted sharply lower operating profits. Full story...
Jan
22nd
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Highlights from the US show floor, plus a Presidential debut. Full story...
Jan
22nd
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Chrysler 200C leads green charge Full story...
Jan
22nd
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Fiat has put some 800 workers at its main Brazilian plant on leave for 10 days to cut output and reduce growing inventory. Full story...
Jan
22nd
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The next-generation Porsche 911 is proving to be an alluring target for spy shooters, who have caught coupe and cabriolet versions undergoing snow testing in the dead of night. Full story...
Jan
22nd
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Ford has said that it has resumed production at its Russian plant after a steep drop in local demand forced it to half production for a month. Full story...
Jan
22nd
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According to Die Welt, a Chinese court has ruled that a local busmaker must to pay MAN AG some EUR2.5m in compensation, after being found guilty of copying the design of its Starliner luxury bus. Full story...
Jan
22nd
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Skoda sold 59,284 cars in China last year, a gain of 117% on the previous year. Full story...
Jan
22nd
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Due to worsening economic conditions, FAW-Volkswagen Automotive has postponed a plan to boost annual production capacity in Chengdu, China, to 350,000 units. Full story...
Jan
22nd
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Former Fiat executive Luca De Meo's planned move to a top marketing job at Volkswagen group could be delayed by a non-compete clause, industry sources said. Full story...