Proton has reportedly seen a jump in its 'Xchange Programme' since the government announced the RM5,000 rebate for customers scrapping their old cars aged 10 years and above to buy national cars.
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Nissan Motor and Renault hope to secure five deals for European electric car projects this year, after signing a deal with Monaco earlier this week, a senior executive said.
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Mitsubishi Motors will start marketing its i MiEV electric vehicle powered by a lithium-ion battery module in July, mainly for corporate customers, company officials said.
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Proton is reportedly close to inking a US$330m deal with Detroit Electric to mass produce pure electric vehicles (EV) using Proton's vehicle platforms.
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The Canadian Auto Workers and Chrysler will continue bargaining at least until Tuesday, after failing to reach an agreement on concessions that are required before the Ontario and Canadian governments can approve more than $2 billion in loans and tax incentives.
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According to the German auto importers' association, the VDIK, the German government sponsored scrappage incentive is continuing to lift the German car market and reduce CO2 emissions from new cars.
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General Motors has not achieved as many buyout or early retirement acceptances as it needs.
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Automotive brakes maker Pacifica Group, controlled by Bosch, expects the crisis in the automotive industry to worsen in 2009, after a dreadful year in 2008.
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Forecasters are predicting that the March sales figures for the US market will make for grim reading.
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Chrysler LLC and the Canadian Auto Workers union are still "far apart" in negotiations to reach a cost-saving deal to help the company qualify for government aid, the head of the union said today.
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The Canadian Auto Workers union said on Friday it had not yet struck a cost-saving deal with automaker Chrysler LLC, but that it would remain in talks until March 31.
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I guess one of the highlights of the week was the launch of surely one of the most-hyped new cars in recent times, Tata's Nano. As any major new model seems to get about three launches these days - the 'first official photo' press release, the 'international press event' and the local market launches - who's to blame Tata, which first revealed the car at the Delhi show way back in January, 2008?
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General Motors will halt Cadillac sales in more than half of the brand's European markets following the collapse of its regional distributor.
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South Korea president Lee Myung-bak has urged the country's automakers to do everything they can to overcome the economic slowdown before seeking government assistance.
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Spy photographer Brenda Priddy serves up a fresh look at the Ferrari F450, the car set to replace the F430 in Ferrari's lineup later this year.
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Spy photographer Brenda Priddy serves up a fresh look at the Ferrari F450, the car set to replace the F430 in Ferrari's lineup later this year.
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Spy photographer Brenda Priddy serves up a fresh look at the Ferrari F450, the car set to replace the F430 in Ferrari's lineup later this year.
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Fisker Automotive has chosen its first 27 retailers, including dealership groups led by John Bergstrom and Ron Tonkin, as part of the automakers effort to build a boutique of low-volume green cars with price tags approaching $100,000.
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German supplier Grammer Group has cut 20 percent of its global workforce following a slump in business from its automaker customers, the company said.
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A former Cadillac executive is now in charge of ensuring that Infiniti's marketing messages are strong and consistent as the brand goes global.
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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
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