Toyota Motor sales in Japan so far in May were down roughly a quarter from the same period last year, company president Katsuaki Watanabe has said.
Full story...
Impact from the likely bankruptcy of General Motors would be limited on Japanese firms if the US government prepared a safety net, a senior industry ministry official has said.
Full story...
Renault and Nissan have identified the potential to save a further EUR1.5 bn (US$2.1bn) by working even closer together, CEO Carlos Ghosn said.
Full story...
This month's US new vehicle sales (including fleet sales) are expected to be 890,000 units, a 36.1% decrease from May 2008 but an 8.9% increase from April 2009, according to Edmunds.com.
Full story...
An analyst says that failures to find agreements on the future of GM's European operations have raised the likelihood of Opel having to file for insolvency.
Full story...
A new German-Italian joint venture making carbon ceramic brake discs and systems has been launched, following the granting of competition approval by the European Commission.
Full story...
Germany and the United States today have possibly their last chance to save Opel and agree a plan to shield the carmaker from the all but inevitable bankruptcy of parent General Motors.
Full story...
Germany and the United States today have possibly their last chance to save Opel and agree a plan to shield the carmaker from the all but inevitable bankruptcy of parent General Motors.
Full story...
Britain's car scrappage scheme has boosted sales by 35,000 vehicles since its introduction in April, the government said on Friday. British car sales have been falling sharply this year as the recession has cut into household and business budgets.
Full story...
Auto parts supplier Delphi Corp.
Full story...
A Swedish court today granted General Motors' money-losing Saab unit a further extension to its protection from creditors as a local newspaper named carmaker Koenigsegg, the Renco Group and Fiat S.p.A. as potential buyers for the brands.
Full story...
A Swedish court on Friday granted General Motors' loss-making unit Saab a further extension to its protection from creditors as a local newspaper named carmaker Koenigsegg, the Renco Group and Fiat S.p.A as potential buyers for the brands.
Full story...
A Swedish court today granted General Motors' money-losing Saab unit a further extension to its protection from creditors as a local newspaper named carmaker Koenigsegg, the Renco Group and Fiat S.p.A. as potential buyers for the brands.
Full story...
A Swedish court on Friday granted General Motors' loss-making unit Saab a further extension to its protection from creditors as a local newspaper named carmaker Koenigsegg, the Renco Group and Fiat S.p.A as potential buyers for the brands.
Full story...
Germany reached a landmark deal with Magna International, General Motors and governments to save Opel from the imminent bankruptcy of its U.S. parent, German leaders said on Saturday.
Full story...
Germany reached a landmark deal with Canadian supplier Magna International Inc., General Motors and governments to save Opel from the imminent bankruptcy of its U.S. parent.
Full story...
Germany reached a landmark deal with Canadian auto parts group Magna, General Motors and governments to save carmaker Opel from the imminent bankruptcy of its U.S. parent, German leaders said late today.
Full story...
Germany reached a landmark deal with Canadian auto-parts group Magna, General Motors and governments to save Opel from the imminent bankruptcy of its U.S. parent, German leaders said on Saturday.
Full story...
Germany reached a deal in talks with Canada's Magna International, General Motors and governments to save GM's Opel unit, German government leaders said on Saturday after a six-hour meeting in the chancellery.
Full story...
Canadian supplier Magna International Inc. has reached a preliminary deal with General Motors to invest in Opel, boosting hopes for a deal with the U.S. and German governments to save the carmaker.
Full story...
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
The latest auto news, reviews, prices, product and vehicle releases.