Volkswagen group's global vehicle sales fell 5 percent to 3.1 million in the first half, but the company's nine brands, which will soon include Porsche as a 10th marque, boosted market share. By comparison, General Motors Co.'
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Volkswagen group's global vehicle sales fell 5 percent to 3.1 million in the first half, but the company's nine brands, which will soon include Porsche as a 10th marque, boosted market share. By comparison, General Motors Co.'
Full story...
Volkswagen group's global vehicle sales fell 5 percent to 3.1 million in the first half, but the company's nine brands, which will soon include Porsche as a 10th marque, boosted market share. By comparison, General Motors Co.'
Full story...
UK car production in the first half of 2009 was halved (50.2%) to 410,740 units, hardly surprising given the numerous shift cuts, non-production days and Honda's unprecedented four-month complete closure (they're now back at work and busily preparing to build the Jazz).
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Dealers participating in the "cash for guzzlers" program must visit www.cars.
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Holden has named Alan Batey, 46, as its chairman and managing director. He will take up his new position on 1 September, 2009.
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Dealers participating in the "cash for guzzlers" program must visit www.cars.
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The Department of Transportation has released an advance, unofficial version of its rules for the "cash for guzzlers" initiative, formally known as the Consumer Assistance to Recycle and Save Program.
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New General Motors CEO Fritz Henderson's long-awaited reshuffle of the management deck has resulted in the departure of six executives including one time GM Europe sales and marketing chief Jonathan Browning, and the heads of the automaker's Latin America, Africa and Middle East unit and GM-Daewoo.
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Because of its sleek styling and beautiful interior, the 2010 Buick LaCrosse rolling into showrooms now has a chance of significantly lowering the brand's age demographic, if General Motors can somehow coax younger buyers into the dealership.
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The fate of a California plant Toyota ran as a joint-venture with General Motors is hanging in the balance and appears likely to be closed.
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Japan has sent a letter of concern to the United States on a bill recently passed in the U.S. House of Representatives, which contains a provision similar to "Buy American," an official at Japan's foreign ministry said.
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Toyota is expecting to make a loss in North America even as it anticipates selling more cars in the United States than the restructured General Motors, a senior executive has said.
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Chery has postponed the introduction of their compact SUV Tiggo for two weeks due to a current 'traffic jam' of new model announcements here.
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Leaked shots show Saab’s new look.
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The corporate drama that is the Porsche-Volkswagen affair, which yesterday saw the departure of Porsche chief executive officer Wendelin Wiedeking after 16 years with the company and the move to merge the sportscars brand into the VW portfolio, put the stock market to confusion.
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Sweden, which holds the EU presidency, should lead governments in setting up a EUR3bn (US$4.3bn) loan facility for Europe's automotive suppliers who face bankruptcy as vehicle production falls in the current economic crisis, according to trade group CLEPA.
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Japan's carmakers are finding life difficult in Europe, according to business information group IHS Global Insight which said their share of the market had fallen to 12% from 13-14% in the past two months.
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China's Beijing Auto said intellectual property issues were behind its failure to reach a deal to buy General Motors' Opel-Vauxhall unit.
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Fiat Group Automobiles expects to sell about 2 million cars globally this year, raising a forecast it made in April by 5 percent. Last year, Fiat sold 2.15 million units.
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