Supplier Dana Holding Corp. said its net loss narrowed in the second quarter as cost-cutting countered the impact of steep production cuts by its automaker customers.
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Russia's biggest carmaker, AvtoVAZ, will retain a 25 percent to 30 percent share of the Russian car market this year despite a reduction in sales, the head of one of the carmaker's biggest shareholders said on Thursday.
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New car sales in the UK rose 2.4% year on year in July, the first gain since April 2008, as consumers took advantage of the government's scrappage incentive plan.
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Fiat S.p.A.'s bid for Carrozzeria Bertone S.p.A. was approved by Italian Industry Minister Claudio Scajola Thursday. Fiat will invest 150 million euros ($215.
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Strikers have agreed to end their occupation of the Ssangyong plant in Pyeongtaek, South Korea, which has sparked violent clashes.
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China's Geely Automotive Holdings wants to buy a majority stake in Volvo Cars together with an unidentified Swedish investor while allowing Ford to keep a stake in its Swedish affiliate, the Dagens Industri newspaper reported.
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Mexico's auto production is expected to drop 30% this year 2009 as US demand slumps, the president of the Mexican automobile industry association (AMIA) said.
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The United States Department of Energy has awarded Johnson Controls a US$299m grant to build US manufacturing capacity for hybrid and electric vehicle batteries.
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Toyota Motor new motor racing enthusiast chief executive officer Akio Toyoda plants to fast-track a new, "affordable" sports car.
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Toyota's Prius was again the best selling vehicle in Japan in July, the second straight month it has topped the chart, as environment friendly cars continue making gains.
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Local industry figures have ranked Toyota's Prius brand the best selling vehicle in Japan in July, the second straight month it has topped the list, as environmentally friendly cars continue to gain a foothold among the country's best-selling models.
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Hundreds of workers at AvtoVAZ, Russia's biggest carmaker, have demanded the state nationalise the company after management decided to slash wages.
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Honda is to export its British-built Civic Type R to Japan from next year, the automaker announced on Thursday.
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Following the current trend amongst automakers, GM do Brasil is starting the new model publicity early by releasing 'the first sketches' of its upcoming Chevrolet Agile hatchback, one of what will eventually be a three or four-model line.
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Booming demand in China propelled Audi's sales growth in July, the company said on Thursday. Last month Audi sales in China including Hong Kong jumped nearly 43 percent to 13,399 vehicles, marking another monthly record.
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Booming demand in China propelled Audi's sales growth in July, the company said on Thursday. Last month Audi sales in China including Hong Kong jumped nearly 43 percent to 13,399 vehicles, marking another monthly record.
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Booming demand in China propelled Audi's sales growth in July, the company said on Thursday. Last month Audi sales in China including Hong Kong jumped nearly 43 percent to 13,399 vehicles, marking another monthly record.
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New-car registrations in Britain rose 2.4 percent on the year in July, the first increase in 15 months, helped by a government scheme to boost car sales, the Society of Motor Manufacturers and Traders said on Thursday.
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New-car registrations in Britain rose 2.4 percent on the year in July, the first increase in 15 months, helped by a government scheme to boost car sales, the Society of Motor Manufacturers and Traders said on Thursday.
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New-car registrations in Britain rose 2.4 percent on the year in July, the first increase in 15 months, helped by a government scheme to boost car sales, the Society of Motor Manufacturers and Traders said on Thursday.
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