The German car industry, biggest employer in the country, could cut 20% of current jobs by 2014, according to a survey by economic research institute Feri.
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Magna can get by on the EUR 4.5bn aid pledged by the German government.
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German workers would go to Belgium next week to support "in a combative way" colleagues threatened with losing their jobs, Opel works council head Klaus Franz said on Wednesday.
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The four Renault zero emission concept cars unveiled at Frankfurt are close to production and three of them will be on sale by 2011 with the fourth, the Zoe on sale in the early part of 2012.
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The pieces in the Kia jigsaw are coming together to present a clear picture of the brand and its products, Paul Philpott, one month into his new role as head of the South Korean company's European operations, told just-auto in Frankfurt.
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Mazda will unveil a new 5 minivan at next year's Geneva show and is also working on a smaller crossover-type SUV based on the current 3, Jeffrey Guyton, president and CEO of Mazda Motors Europe said in Frankfurt.
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Numbers are down - at 750 there are around 30% fewer exhibitors than in 2007 and are noticeably fewer foreign media - but interest is high.
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The economic crisis and downturn in car manufacturing has been tough on suppliers with even the largest companies facing insolvency, but the key to staying afloat is taking the right actions at the right time, TRW sales and business development chief Peter Lake thinks.
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The Lexus LF CH concept gives a good indication as to where the Japanese luxury brand is going, Toyota Europe sales and marketing executive vice president Didier Leroy told just-auto in Frankfurt.
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Ford of Europe has shown off the first of a fleet of Focus-based battery electric vehicle (BEV) prototypes developed for the UK government's 'ultra-low carbon vehicles' demonstration initiative next year.
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Hybrid hatchback is designed to take on the likes of the BMW 1-series
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Lightweight concept demonstrates how saving kilos is a major concern for Mazda
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Hybrid concept, 5-Series GT and X1 all debut
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Wraps come off Superb load carrier
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Leather trimmed press kits in short supply
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Entry list for the first Sprint Cup Chase race - the Sylvania 300 - to be held this weekend at the New Hampshire Motor Speedway in Loudon, NH.
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Today, General Motors of Canada announced a new Canadian "Cash for Clunkers" program offering customers up to $3,000 towards a new GM vehicle for Canadians participating in the Federal Government's "Retire Your Ride" program.
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Does anyone ever get enough of Porsche? We didn't think so. The new 911 GT3 RS, complete with fly colours schemes and more power (450 hp anyone?) helps the German automaker maintain interest, forget that, lust, for its fantastic products. The latest GT3 is the most powerful, fastest, best-handling and sexiest ever. Any takers?
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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