A doomsday scenario sees almost 3m auto industry jobs in the US being lost in just 12 months if the Big Three carmakers, Ford, General Motors and Chrysler, crash.
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MUNICH -- Audi will extend Christmas shutdowns at its German factories even though its new-car sales are growing.
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There comes a moment when a company is being calm and reasonable and trying to put a positive spin on things that it suddenly strikes you: there isn't a Plan B.
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Australia's federal government has launched a A$6.2 bn package to help the company's automotive industry.
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Dont feel bad if news of yet another ultra-limited edition, megabucks supercar leaves you feeling a bit, er, sleepy, to put it kindly.
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Dont feel bad if news of yet another ultra-limited edition, megabucks supercar leaves you feeling a bit, er, sleepy, to put it kindly.
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Ronn Motors stuns SEMA with a supercar that runs on water!
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A top Democratic leader today minimized expectations for a lame-duck session of Congress, set to begin Monday, Nov. 17. Senate Majority Leader Harry Reid, D-Nev.
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There were fresh calls on Sunday for the Bush administration to help stalled U.S. automakers, but Democratic and Republican officials said taxpayers cannot repeatedly support business rescues. Republican Sen.
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Mazda says its policy of taking greater control of distribution in European markets is boosting sales.
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The economic slowdown is affecting Renault's expansion of its Russian distribution network. The French carmaker has 74 dealers operating 94 retail outlets in 82 cities nationwide.
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BMW will cut its European Mini dealer network this year as it creates a separate distribution network for the small-car brand. The number of Mini dealers in Europe will drop to about 650 by year-end from 750 in 2007.
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Suzuki is betting that Indian engineering, labor and suppliers will give its new Alto a competitive advantage when it is launched in Europe's fast-growing minicar segment in early-2009.
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Maria-Elisabeth Schaeffler has a problem. Her company, the Schaeffler Group, controls more than 80 percent of Continental.
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China's biggest independent automaker, Chery Automobile, has cars on sale in Germany for the first time.
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Once a reliable source of profit for their owners, automakers' banks won't generate their usual big profits this year. That will put even more pressure on automakers' bottom lines.
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The AvtoVAZ plant here, 1,000km southeast of Moscow, is a unique mix of old and new car manufacturing. The factory's stamping, welding and final assembly buildings are like an automotive museum compared with similar facilities in the West.
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More than two years after Porsche announced plans to buy 20 percent of Volkswagen group, the sports car maker finally looks ready to take full control of Europe's largest carmaker.
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