Mar
30th
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Ford Otosan has again suspended production at its Kocaeli plant until 1 April, according to news agency Anadolu. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Mar
30th
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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...
Mar
30th
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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...
Mar
30th
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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...
Mar
30th
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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...
Mar
30th
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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...
Mar
30th
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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...
Mar
30th
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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...
Mar
30th
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No General Motors Europe union tears will be shed for departing GM chairman and CEO Rick Wagoner. Full story...
Mar
30th
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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...
Mar
30th
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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...
Mar
30th
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Ever fancied a fast Golf without the fuel bills of a GTI? Well Volkswagen thinks it has the answer!
Full story...
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Mar
30th
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PSA's supervisory board, chaired by Thierry Peugeot, on Sunday fired chairman and CEO Christian Streiff, appointing steelmaker Corus' CEO Philippe Varin in his place from 1 June. Full story...
Mar
30th
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Russia's largest car maker, AvtoVAZ, can expect more than 20 billion rubles (about $587.4 million) in state funds and should attract a further 90 billion rubles itself, Russia Prime Minister Vladimir Putin said on Monday. Full story...
Mar
30th
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Russia's largest car maker, AvtoVAZ, can expect 25 billion rubles (about $733.7 million) in state funds and should attract a further 90 billion rubles itself, Russia Prime Minister Vladimir Putin said today. Full story...
Mar
30th
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General Motors' chairman and CEO Rick Wagoner at the weekend fell on his sword and quit under pressure from the Obama administration ahead of today's presidential announcement that gave GM and Chrysler more time and capital to restructure, hinted at structured bankruptcies, revealed new incentives to spur sales and promised support for communities hit by the auto industry downturn. Full story...
Mar
30th
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30th
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Opel's senior labor leader, Klaus Franz, today welcomed Fritz Henderson as new CEO of parent General Motors. "The move was overdue," Franz said, referring to the resignation of the previous GM CEO Rick Wagoner. Full story...
Mar
30th
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General Motors' Opel unit faces a further two months uncertainty after President Obama's auto task force pledged to fund parent GM's operations only for the next 60 days. Full story...
Mar
30th
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General Motors' Opel unit faces a further two months uncertainty after President Obama's auto task force pledged to fund parent GM's operations only for the next 60 days. Full story...