Volkswagen will launch hatchback as well as sedan models based on the Polo platform in India next year. Both will be built in the automaker's new Pune facility which is being inaugurated on Tuesday.
Full story...
The Obama administration's auto task force wants Fiat SpA to take a smaller initial stake in Chrysler LLC. According to people familiar to the matter, the stake could be a low as 20 percent.
Full story...
The successor to the Hyundai Tiburon will be a smaller and less expensive car, the company says.
Full story...
The U.S. task force overseeing the restructuring of the auto industry today said the plans submitted by General Motors and Chrysler failed to show how they could be viable.
Full story...
South Korean auto exports are expected to fall 13.8% in the second quarter of this year, an industry report said on Sunday, indicating local carmakers will not emerge from the ongoing slump anytime soon.
Full story...
With Rick Wagoner forced out as GM CEO this week, GM number two Fritz Henderson finds himself elevated to the top job. He faces huge challenges as GM is forced to revisit its business plan yet again.
Full story...
Toyota on Monday suspended for six working days production of Camry models at its plant near St. Petersburg.
Full story...
AvtoVAZ can expect over 20bn roubles in state funds and should attract a further 90bn itself, Russia's prime minister Vladimir Putin said on Monday.
Full story...
Ford Brazil is offering a buyout programme for its local employees, according to Estado newswire.
Full story...
Ford Otosan has again suspended production at its Kocaeli plant until 1 April, according to news agency Anadolu.
Full story...
Fritz Henderson, the successor to Rick Wagoner as CEO of General Motors, is a widely-traveled global executive who has become GM's go-to guy in pressure negotiations. Henderson, 50, became GM's president and COO in March, 2008.
Full story...
Japan's domestic vehicle production fell 56.2% year on year in February to 481,396 units, marking the steepest fall since comparable data became available in 1967 for the fourth consecutive month, an industry body said on Monday.
Full story...
Vehicle sales in Indonesia declined by 20.4% year-on-year in February to 35,757 units, according to data released by the country's largest brand distributor - Toyota Astra Motor. Month-on-month sales declined only slightly - by 1.8%, a tentative sign that the market has begun to stablise compared with sharp month-on-month declines in the fourth quarter of 2008.
Full story...
Fiat shares fell on Monday after the US government warned that its planned partner Chrysler faced an uncertain future and set a deadline for an alliance.
Full story...
The world order in the auto industry changed dramatically today with Rick Wagoner of GM and Christian Streiff of PSA Peugeot Citroen both sacked. The reasons are different. The underlying cause is the same.
Full story...
Continental's CEO and chairman are adamant the company will close tyre production sites in Hanover and Clairoix, France, despite protests by affected workers.
Full story...
Well more than 100 journalists are expected to head for Opel's key Rüsselsheim factory on 31 March when federal chancellor Angela Merkel, defence minister Franz Josef Jung and assorted Hessen state officials visit.
Full story...
No General Motors Europe union tears will be shed for departing GM chairman and CEO Rick Wagoner.
Full story...
Restructuring plans submitted to the federal government by General Motors and Chrysler in their bids to secure more bailout loans failed to show how they could be viable, the auto industry task force said on Monday.
Full story...
A plan by Spain to grant interest rate subsidies to automakers and suppliers for green cars has won approval from the European Commission.
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.