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Mar
16th

US: Last chance to avert Magna gear plant closure

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United Auto Worker (UAW) union members at Magna International's New Process Gear unit in Syracuse, New York state, are on Monday and Tuesday voting on accepting a new contract which would eventually reduce their pay and the number of workers employed there. Full story...
Mar
16th

US: AKT joins Mexico outsourcing ‘shelter’

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Plastic injection moulded parts manufacturer AKT Altmarker Kunststoff-Technik GmbH of Gardelegen, Germany, has signed a contract with The Offshore Group of Tucson, Arizona for the provision of outsourced manufacturing support, or "shelter" services in Saltillo, Mexico Full story...
Mar
16th

Acura teases new car headed for New York auto show:

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Our friends at Acura are bringing a new car to the New York auto show next month. Full story...
Mar
16th

JAPAN: Hitachi to separate autoparts unit

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Changes at Hitachi will see its auto parts unit spun off into a separate unit by 1 July. Full story...
Mar
16th

US: One off gain gives Dana ’08 profit

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Dana Holding has posted 2008 full year net income of $18m - versus a net loss of $551m in 2007 - on sales of $8.01bn, down $626m year on year. Full story...
Mar
16th

US: VW renews Major League Soccer sponsorship deal

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Volkswagen of America, Inc., Major League Soccer and Soccer United Marketing, MLS's marketing arm, today announced a new multi-year partnership. The agreement renews Volkswagen's status as the Official Automotive partner of Major League Soccer. Volkswagen has been an MLS partner since 2008 Full story...
Mar
16th

2010 Chevrolet Camaro gets 29 mpg:

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The modern pony-car wars are heating up, and the 2010 Chevrolet Camaro has notched its first victory. Full story...
Mar
16th

Dana adds 800 to global job cuts this year, loses $264 million in Q4

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Supplier Dana Holding Corp., facing more red ink and sales declines, said today that it would cut its global work force this year by more than 5,800 people, up from 5,000 announced last November. Full story...
Mar
16th

Dana cuts 800 more jobs after $264 million loss

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Supplier Dana Holding Corp., facing more red ink and sales declines, said today that it would cut its global work force this year by more than 5,800 people, up from 5,000 announced last November. Full story...
Mar
16th

SLOVENIA: Revoz output down, but above plan

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Slovenia has a reputation for being a quietly affluent corner of the Balkans and its domestic vehicle manufacturing plant - a part of Renault - appears to be performing relatively well. Full story...
Mar
16th

US: Chrysler needs just $5bn loan

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A $5bn low interest loan by the end of March should be all the federal funding Chrysler needs, according to media reports. Full story...
Mar
16th

CHINA: FAW-VW JV takes over FAW Chengdu unit

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Volkswagen's car making joint venture in north China with FAW has agreed to take over a subsidiary from FAW Group for 502.35 million yuan. Full story...
Mar
16th

US: Auto task force hires bankruptcy specialist

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President Barack Obama's auto industry task force has recruited a bankruptcy lawyer who worked on suppplier Dana's chapter 11 restructuring. Full story...
Mar
16th

RUSSIA: AvtoVAZ provides February sales breakdown

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AvtoVAZ has said that its sales were at 29,300 units in February, flat on the month. Full story...
Mar
16th

Chevy Camaro fans: Watch the video walkaround:

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Chevrolet is launching the media fest for the 2010 Camaro, which is on its way to dealerships now. Full story...
Mar
16th

SandP could lower Tata Motors’ credit rating

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Standard and Poor's Ratings Services said today it is considering lowering its credit rating for India's Tata Motors, which owns the British Jaguar and Land Rover brands. Full story...
Mar
16th

SandP could lower Tata Motors’ credit rating

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Standard and Poor's Ratings Services said today it is considering lowering its credit rating for India's Tata Motors, which owns the British Jaguar and Land Rover brands. Full story...
Mar
16th

Tata’s rating may be lowered on Jaguar concerns

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Tata Motors' credit rating may be lowered because of cash concerns at the Indian automaker's Jaguar and Land Rover brands, Standard and Poor's said today. Full story...
Mar
16th

Latest Smart’s a Three for all

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What do you get when you add three to ForTwo? Smart’s latest special edition! Based on the 71bhp ForTwo Passion, the Limited Three has melon green metallic paint, new six-spoke alloys and the firm’s ‘micro-hybrid’ stop-start system.


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Mar
16th

All-new cab set to join the ranks

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New taxi aims to emulate the success of famous Checker cab.


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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 van, insurance you can rely on is a must.
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