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Jun
26th

TRW amends primary credit facility

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TRW Automotive Holdings Corp. said today it finalized an agreement with its lenders to amend its $2.5 billion primary credit facility. Full story...
Jun
26th

Tata may cut more at Jaguar after loss

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Tata Motors may shut more plants and cut more jobs at Jaguar and Land Rover after the former Ford Motor Co. units helped drag the Indian automaker to its first loss in eight years. Full story...
Jun
26th

FRANCE: PSA cuts media buying agencies list

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PSA Peugeot Citroen has said it will cut the number of media buying agencies it works with in Europe to two to reduce costs. Full story...
Jun
26th

Beware the Price Hikes!

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Manufacturers set to raise prices by up to ten per cent.
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Jun
26th

Honda Civic Type-RR First Pics

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Storming Type RR set to be unleashed
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Jun
26th

INDIA: Tata hints at more Jaguar Land Rover job losses, closures

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Tata Motors 'may' consider more job cuts and temporary plant closures at its UK Jaguar and Land Rover unit, a top official said on Friday. Full story...
Jun
26th

GM awards small-car production to Michigan plant:

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General Motors will make its new subcompact car in Orion Township, Mich., the automaker said Friday, dashing hopes in Spring Hill, Tenn., and Janesville, Wis., that the small car would keep one of their factories alive. Full story...
Jun
26th

GM awards small car production to Michigan plant:

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General Motors will make its new subcompact car in Orion Township, Mich., the automaker said Friday, dashing hopes in Spring Hill, Tenn., and Janesville, Wis., that the small car would keep one of their factories alive. Full story...
Jun
26th

GM to bring small-car work to Michigan, report says:

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A General Motors assembly plant in suburban Detroit will be awarded the work on GM's coveted subcompact car project, ahead of plants in Tennessee and Wisconsin, according to a wire service report on Friday. Full story...
Jun
26th

GM to bring small car work to Michigan, report says:

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A General Motors assembly plant in suburban Detroit will be awarded the work on GM's coveted subcompact car project, ahead of plants in Tennessee and Wisconsin, according to a wire service report on Friday. Full story...
Jun
26th

GERMANY: No Porsche state aid yet

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A Germany's economy ministry spokesman on Friday said he saw no basis at the moment for a decision on whether to grant state aid to Porsche. Full story...
Jun
26th

VENEZUELA: GM runs out of cars to sell

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General Motors has almost no cars left to sell in the Venezuelan market, which it dominates, putting the carmaker at risk of losing tens of thousands of sales there. Full story...
Jun
26th

British dealer Lookers to raise $131M to cut debt

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British car dealer Lookers is raising 80.7 million pounds ($131.2 million) in a fully underwritten share sale to reduce its debts and change its banking arrangements onto more favorable terms. The firm said on Friday it was issuing 201. Full story...
Jun
26th

U.K. dealer Lookers to raise $131M to cut debt

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British car dealer Lookers is raising 80.7 million pounds ($131.2 million) in a fully underwritten share sale to reduce its debts and change its banking arrangements onto more favorable terms. The firm said on Friday it was issuing 201. Full story...
Jun
26th

More JLR jobs might be at risk, Tata exec says

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India's Tata Motors may consider more job cuts and plant shutdowns for the Jaguar and Land Rover unit, a top official said on Friday. "There has already been 2,000 job losses. Full story...
Jun
26th

INDIA: Ashok Leyland-Nissan new CV factory plans on hold

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Ashok Leyland, India's second biggest commercial vehicle manufacturer, has halted plans to build a new factory to produce light commercial vehicles for its JV with Nissan Motor because the partners currently have spare capacity at existing facilities. Full story...
Jun
26th

JLR cuts loom after Tata Motors reports loss

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Slumping demand and poor results from Jaguar and Land Rover swung Tata Motors Ltd., India's top vehicle maker, to its first annual loss in eight years. Tata Motors, which bought the British premium brands from Ford Motor Co. Full story...
Jun
26th

Cuts loom as JLR troubles swing Tata Motors to first loss in 8 years

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Slumping demand and poor results from Jaguar and Land Rover swung Tata Motors Ltd., India's top vehicle maker, to its first annual loss in eight years. Tata Motors, which bought the British premium brands from Ford Motor Co. Full story...
Jun
26th

JAPAN: May output cuts range from 36.3% to 60%

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Japan's top five carmakers made domestic plant output cuts ranging from 36.3% to 60% year on year last month, according to industry data. Full story...
Jun
26th

Italy OKs 300M euros for areas near Fiat plants

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Italy has earmarked 300 million euros ($418 million) to help areas around Fiat S.p.A.'s Pomigliano d'Arco and Termini Imerese plants, where the company is cutting back or changing car output, a cabinet official said. Full story...
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