Honda vehicle production worldwide increased 2.9% to 1,966,778 units as a 6.8% rise outside Japan to 1,360,844 units offset a 4.9% fall at 'home' to 605,394.
Read more ...
SsangYong Motor Co is allowing some 350 of it workers to take paid leave, in an effort to cut costs.
Read more ...
Honda Motor consolidated operating income fell 27.1% to JPY370.1bn in the first fiscal half year to 30 September as currency effects, rising raw material costs and increased expenses affected results.
Read more ...
Honda cut its full-year earnings outlook after operating profits in Europe fell 50.5 percent on sliding sales in the July-September period. The carmaker's European operating profit dropped to 8.3 billion yen ($76.
Read more ...
Reports from Japan earlier today that Honda UK Manufacturing (HUM) was slashing vehicle production by 10% in Britain due to faltering demand in Europe were based on an announcement made at the end of September, a plant spokeswoman told just-auto. But she added that Honda was now planning to take another 10,000 cars from the schedules as demand from the UK and Europe continues to shrink.
Read more ...
General Motors and Cerberus Capital Management LP have asked the U.S.
Read more ...
Ford has announced a GBP70m investment at its Bridgend engine plant in Wales to produce next generation, low CO2, 1.6-litre, four-cylinder petrol engines.
Read more ...
Hyundai Motor has been cleared to buy its Italian distributor.
Read more ...
Volkswagen's share price tripled on Monday as short sellers piled into the stock to sew up their speculative positions on news Porsche had bought up nearly all VW's remaining free float.
Read more ...
Honda Motor, Japan's second-largest carmaker, said on Tuesday it would cut output of its Civic compact in the UK from December to meet falling demand in Europe.
Read more ...
Delphi Corporation, which filed for Chapter 11 bankruptcy protection in May 2005, plans to extend until 30 June, 2009 its existing debtor-in-possession credit facility of about $4.35bn, it said in an SEC filing.
Read more ...
SENIOR EDITOR BOB GRITZINGER: What's stunning about the Versa is the level of equipment in a car at this price point (keyless entry and ignition and steering-wheel audio controls), as well as the interior space.
Read more ...
Europe may have long resisted the automatic gearbox, but new environmental and fuel efficiency legislation combined with major advances in electronics and manufacturing techniques are paving the way for a flood of new automated transmission technologies.
Read more ...
Toyota Motor said on Monday it would build a new, 4 billion yuan ($584 million) factory in China with local partner FAW Group Corp, bringing its planned local production capacity to 1 million vehicles a year.
Read more ...
With the change from fall's beautiful colors and diminishing warmth to the bitter arrival of winter, it's easy to forget the family vehicle amidst other chores around the house, cottage and yard. No matter the make, model or age of your family ride, chances are that you rely on it for safe, trouble-free transportation every day of the year.
Read more ...
Tests for the Daytona prototypes will be held this week (Oct.27-29) at the Daytona International Speedway and two of the biggest names in North American motorsports will be there.
Read more ...
The Fédération internationale de l'automobile has hit back at Ferrari's warning that the imposition of a standard engine formula could lead to its withdrawal from Grand Prix racing.
Read more ...
Poor weather has shortened the second day of MotoGP testing that was held in Valencia, Spain and only seven drivers were on hand to carry out their work.
Read more ...
With the change from fall's beautiful colors and diminishing warmth to the bitter arrival of winter, it's easy to forget the family vehicle amidst other chores around the house, cottage and yard. No matter the make, model or age of your family ride, chances are that you rely on it for safe, trouble-free transportation every day of the year.
Read more ...
The latest auto news, reviews, prices, product and vehicle releases. 