China's vehicle sales reached 1.83m units in March, up 5.4% on last year, according to the China Association of Automobile Manufacturers (CAAM). However, first quarter market growth showed a significant slowdown against last year's blistering pace.
Toyota and Nissan are suspending production at NAFTA plants for several days this month because of a shortage parts from earthquake-hit Japan.
Nissan has received complaints from some owners that its Leaf electric car on occasion fails to start.
A Lithuanian bank linked to a possible investment in troubled Saab is keeping its cards close to its chest concerning any involvement.
Chrysler is aiming to refinance $7 billion of U.S. and Canadian government debt by June, clearing the way for Fiat to take a majority stake in the automaker, the companies' CEO Sergio Marchionne said today.
Chrysler is aiming to refinance $7 billion of U.S. and Canadian government debt by June, clearing the way for Fiat to take a majority stake in the automaker, the companies' CEO Sergio Marchionne said.
Spyker plans to sell Saab property to a company controlled by Russian investor Vladimir Antonov and then lease it back to save the cash-strapped carmaker from bankruptcy, two people familiar with the situation said.
Fiat will increase its stake in Chrysler from 25% to 30% within days, chief executive Sergio Marchionne said at a Jeep launch event in Turin on Monday.
The shortage of crucial components caused by the disaster in Japan will lead to a 250,000-unit loss of European light vehicle production in the second quarter of this year that is then made up in the third quarter, according to JD Power's latest 'base forecast'.
Rising raw materials costs and interest rates will lead to lower demand for new cars in India with growth more than halving this fiscal year to 12-15% from the highs of 30% a year ago.
Suzuki Motor Corporation said its vehicle assembly plants at Kosai, Iwata and Sagara will operate day shift from 11 April, using parts in inventory.
Snatched photo shows saloon's sleek new face
Fiat is close to raising its stake in Chrysler to 30 percent, Fiat-Chrysler CEO Sergio Marchionne said. Fiat as reached a milestone to increase its holding and will announce the stake hike on Tuesday or in the coming days, Marchionne told reporters.
Fiat is close to raising its stake in Chrysler to 30 percent, Fiat-Chrysler CEO Sergio Marchionne said on Monday.
Brazil's automotive sector set new records in the first quarter of 2011. Sales of cars plus light and heavy commercials topped 852,200 vehicles - 4.7% more than in Q1 2010 - and production rose 7.9% to 902,100.
Renault is to hold an emergency board meeting this afternoon (11 April) in Paris to present the conclusions of its spy affair investigations.
Nissan has received complaints from owners that its Leaf electric car on occasion fails to start, posing a potential setback for the automaker's goal of promoting zero-emission vehicles.
Nissan has received complaints from owners that its Leaf electric car on occasion fails to start, posing a potential setback for the automaker's goal of promoting zero-emission vehicles.
Audi reveals new pictures of updated A3 family and R8 GT Spyder
GKN expects its autos business to continue to be hit by last month's earthquake in Japan, though said the impact would be partly offset by growth at its other divisions.
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