Toyota said on Tuesday its vehicle sales in China in the first half of 2009 were roughly the same as a year earlier.
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Toyota Motor has called off a joint project with Isuzu Motors to develop a 1.6 litre diesel engine for small vehicles for the European market due to the likelihood of low profitability amid the recession, informed sources were quoted as saying on Tuesday.
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State-owned Beijing Automotive (BAIC) faces long odds in its bid to buy Opel, as China remains wary of firms taking over foreign automakers, according to influential Chinese magazine Caijing.
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Toyota sales in Russia decreased 57.2% year-on-year to 38,000 vehicles in the January-June period, the company has said in a statement.
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Car sales in Vietnam dropped 30% in the first half from a year earlier to 47,909 vehicles, as a weakening economy hit demand, according to the Vietnam Automobile Manufacturers Association.
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Russian Prime Minister Vladimir Putin met Tuesday with Berthold Huber, head of IG Metall, the labour union that represents Opel workers in Germany, according to Russian media reports.
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Fiat and Bosch are in talks about the electric engine developed by Bosch, according to German media reports.
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Autoliv says its sales will grow in China and India in 2009, despite declining by around a quarter overall.
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Best shots yet of a prototype for Ferrari's F430 replacement

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Toyota has confirmed reports that it will pull out of hosting the Japanese Grand Prix at its Fuji Speedway circuit from next year.
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Beijing Automotive Industry Corporation plans to build a US$2bn Opel factory in China and close the carmaker's Antwerp plant in Belgium if its bid for General Motors' European unit is successful, the Financial Times reported, citing people close to the situation.
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PSA Peugeot Citroen sold 1,587,000 new vehicles and CKD kit units, down 14% year on year from 1,845,000 in 2008, in a first half of 2009 that saw a sharp decline in automobile markets worldwide, with Europe down 14.4%, Russia down 48.9% and Latin America down 12.6%.
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Bankrupt auto seat and electrics specialist Lear Corporation on Tuesday said it had received the support it needed from bank lenders and bondholders to progress with its restructuring plan and had filed for Chapter 11 bankruptcy protection in New York. Subsidiaries outside the US and Canada were not included.
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Sales of new imported vehicles in Japan fell 18.7% year on year last month to 18,698 units, including those made by Japanese automakers overseas, extending their losing streak to a 14th month, an industry body said.
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Join us on September 26th, 2009 at Parc Jean-Drapeau, on the beautiful Ile Notre-Dame in Montreal for this premier event. Rides for Wishes will host the event of the season that will make wishes come true.
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For 75 years, the words Mercedes-Benz and "Silver Arrow" have been inseparably connected to each other. The era of the Silver Arrow started 1934 with the Formula Racing car W25. The models W125, W154 and W196 then followed.
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Zipcar, Inc., the world's largest car sharing service, today announced its first Electric Vehicle Pod, including an all-electric vehicle (EV) Citroen c1 and a plug-in hybrid (PHEV) Toyota Prius. The vehicles stationed at the EV Pod are among the most efficient and technologically advanced on the road today and are available to members by the hour for a fraction of the cost of owning one.
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Honda Canada Inc. has been named one of Canada's
"Fifty Most Socially Responsible Corporations" in a Jantzi-Maclean's Corporate
Responsibility Report 2009. The report appeared in a recent issue of Maclean's
magazine.
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After describing the outrage sparked by his Hitler comments as a "big misunderstanding" in the German press, Bernie Ecclestone has now turned to the English-speaking media to apologise for the affair.
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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