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Hyundai has confirmed it will build a new car plant here in Brazil. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Dec
1st
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Hyundai has confirmed it will build a new car plant here in Brazil. Full story...
Dec
1st
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A growing number of dealerships in Germany are being pushed toward insolvency by a sharp run-up in financing costs or the curtailment of credit altogether. Full story...
Dec
1st
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With the world economy in a funk, at least we can find solace in nifty sports cars like the 370Z when our spirits need a lift.
The financial bear has taken a deep bite out of every sports car's hide. During October, entry-level roadster sales plummeted by more than fifty percent versus a year ago. Honda S2000 and Pontiac Solstice sales were down by two-thirds.
Photo Gallery: 2009 Nissan 370Z - Nissan Sport Coupe Review - Automobile Magazine
Dec
1st
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New-car sales fell steeply in major European markets including Spain, Italy and France during November. In Spain, sales dropped 49.6 percent to 63,068 units compared with a year earlier. Full story...
Dec
1st
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Spanish car sales fell 49.6 percent in November, marking the biggest fall in nearly 16 years as Spaniards slashed spending amid credit restrictions and soaring unemployment, industry data showed on Monday. Full story...
Dec
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General Motors and Ford Motor have approached the Swedish government about aid for their Saab and Volvo car units, the Financial Times said on Monday. Full story...
Dec
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Spanish car sales fell 49.6 percent in November, marking the largest fall in seven straight months of decline amid credit restrictions and a collapse in consumer spending, car-industry group ANFAC said on Monday. Full story...
Dec
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Italian industrial group Fiat will make profits next year even if its revenues fall as much as 20 percent, Fiat Deputy Chairman John Elkann was quoted as saying on Sunday, in line with the group's forecasts. Full story...
Dec
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The board of General Motors met on Sunday to review a restructuring plan intended to cut costs and win support for up to $12 billion in emergency funding from the U.S. government, a person familiar with the deliberations said. Full story...
Dec
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Through October, about 700 automobile dealers in the United States have gone out of business this year. Ford dealer Donna Todd is desperately hoping she won't be next. Full story...
Dec
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General Motors is asking dealers to order more vehicles to earn incentive cash but with a provision the automaker says is designed to balance dealer inventories. Full story...
Dec
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Automotive News and the Association of Finance and#38; Insurance Professionals are hosting a two-day conference May 6 and 7 and#x2014; and delivering it to your computer. Full story...
Dec
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Tim Sunburg could see that things were coming undone at Denny Hecker Automotive Group back in mid-October. Sunburg, a service adviser at Hecker's Ford dealership in Monticello, Minn. Full story...
Dec
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The Lincoln MKZ was restyled and re-engineered for the 2010 model year. The most striking change is the large split grille with tall vertical fins, key elements of Lincoln's new design language. Full story...
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As the Detroit 3 plead for federal loans, Asian and European competitors continue investing in the United States. Even in another market downturn, they are building assembly plants in a relentless search for new and growing segments. Full story...
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As GM's cash cushion shrinks, suppliers who are nervous about GM's ability to pay rely on trade credit insurance and#x2014; a policy that guarantees suppliers will be paid for delivered parts if their customer, the automaker, defaults. Full story...
Dec
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Automakers are whacking TV commercials, events and other spending as they urgently cut marketing costs to conserve cash. Full story...
Dec
1st
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Before voting on aid to ailing automakers, Republicans in the Senate will take aim at the UAW and some benefits that many Americans find excessive. Sen. Kit Bond, R-Mo. Full story...
Financing for credit-challenged customers is much harder to find in today's credit-starved market, but determined dealerships are still getting financing for some subprime customers. Full story...