The prime minister of Lower Saxony, Christian Wulff, will hold talks tomorrow (18 March) with Toyota Motor president Katsuaki Watanabe to propose a technological tie-up between Volkswagen and Japanese automakers.
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The South China Morning Post has reported that shares of carmakers listed in Hong Kong and on the mainland rose this week after the government said it would give farmers a subsidy of as much as 5,000 yuan for buying a vehicle.
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89 brand new cars for 2009, Audi's R2 Roadster, official: SLS Gullwing, Fiesta ST driven
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A Russian government commission is expected to draft a rescue plan for struggling AvtoVAZ within two weeks, company president Boris Alyoshin said on Tuesday.
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Ford and Volkswagen do not plan to lay off employees at their Russian plants, the directors of the carmakers' Russian subsidiaries told news agency Prime-Tass on Tuesday.
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Russia's largest truck manufacturer Kamaz this week resumed output on its main production line after a 10-day break, a company spokesman said.
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Car and truck sales in Thailand fell 30.7% year on year in February after a 29.8% fall in January and an 8.3% drop in December, Toyota Motor's Thai unit said.
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The price of the Nissans sizzling supercar, the GT-R, continues to climb.
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The price of the Nissans sizzling supercar, the GT-R, continues to climb.
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Tyre shipments are projected to drop more than 7% in 2009 following a nearly 9% drop in 2008, according to the US Rubber Manufacturers Association.
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General Motors CEO Rick Wagoner said today he is encouraged by the willingness of European officials to provide aid to the automaker's Opel subsidiary.
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General Motors CEO Rick Wagoner said today he is encouraged by the willingness of European officials to provide aid to the automaker's Opel subsidiary.
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Chrysler has had "very constructive discussions" with the US treasury and the presidential task force on the auto industry, chairman and CEO Bob Nardelli said in an email to employees. He also estimated the cash value of Fiat's contribution to be between $8bn and $10bn based on what it would cost Chrysler alone to develop and build the vehicles the Italian automaker would help with.
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Advisers to General Motors' bondholders have presented a framework plan to US president Barack Obama's autos task force and the automaker that provides the company's best chance for an out-of-court restructuring.
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The economic recession and financial crisis have a 'devastating' effect on the automotive industry with serious implications for the wider economy, according to a report commissioned by the European Parliament and seized on by carmakers' association, ACEA.
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The economic recession and financial crisis have a 'devastating' effect on the automotive industry with serious implications for the wider economy, according to a report by Global Insight commissioned by the European Parliament and seized on by carmakers' association, ACEA.
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The economic recession and financial crisis have a 'devastating' effect on the automotive industry with serious implications for the wider economy, according to a report by IHS Global Insight commissioned by the European carmakers' association, ACEA.
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Ssangyong Motor's future is still clouded after a court-appointed administrator hinted at the possibility of disbanding the carmaker last week.
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In a deal described as a 'major coup for the British automotive engineering industry', Torotrak plc has secured a global licensing agreement with Allison Transmission, Inc.
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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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