Mar
12th
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BMW has reported 2008 financial results substantially dented by the economic crisis that intensified in the final quarter. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Mar
12th
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The European Investment Bank is lending Europe's car and truck makers 3 billion euros ($3.8 billion) -- mainly to help develop greener vehicles. Full story...
Mar
12th
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Telecommunications firm AT&T has said it will spend US$565m over ten years to replace or buy about 15,000 vehicles in its corporate fleet, aiming to renew with vehicles that run on alternative fuels. Full story...
Mar
12th
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Fiat's seven-year reign as Brazil's No. 1 seller of new vehicles is at risk. Full story...
Mar
12th
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Vehicle production in Turkey fell by 63% in January-February compared with a year ago as the international economic crisis hit both domestic sales and exports. Full story...
Mar
12th
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GM Europe has reportedly obtained a loan guarantee from the Spanish government but still needs a loan guarantee from Germany. Full story...
Mar
12th
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Ford-owned and up-for-sale Volvo Cars says it has agreed cost reduction measures - including a wage freeze - with unions which it hopes will avoid the need for further job cuts. Full story...
Mar
12th
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Ford has said it expects operating savings of US$500m per year from an agreement with the UAW that will push hourly wage rates close to those of its foreign-based rivals with North American manufacturing plants. Full story...
Mar
12th
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Saab today announced 750 job cuts as it tries to stay afloat and said that a group of Sweden-based investors was interested in buying the brand. General Motors has said it will shed loss-making Saab at the latest by 2010. Full story...
Mar
12th
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Saab today announced 750 job cuts as it tries to stay afloat and said that a group of Sweden-based investors was interested in buying the brand. General Motors has said it will shed loss-making Saab at the latest by 2010. Full story...
Mar
12th
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Saab today announced 750 job cuts as it tries to stay afloat and said that a group of Sweden-based investors was interested in buying the brand. General Motors has said it will shed loss-making Saab at the latest by 2010. Full story...
Mar
12th
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Saab today announced 750 job cuts as it tries to stay afloat and said that a group of Sweden-based investors was interested in buying the brand. General Motors has said it will shed loss-making Saab at the latest by 2010. Full story...
Mar
12th
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A strike at a one of its suppliers has forced PSA/Peugeot-Citroen to suspend production at its Sochaux factory in eastern France. Full story...
Mar
12th
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Volkswagen today said its vehicle sales, revenue and earnings would all decline this year as a crisis in the auto industry continues. Full story...
Mar
12th
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Volkswagen today said its vehicle sales, revenue and earnings would all decline this year as a crisis in the auto industry continues. Full story...
Mar
12th
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AvtoVAZ has projected a 37% drop in its output this year to 590,000 cars and assembly kits. Full story...
Mar
12th
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Saab has said it will lay off 750 of its 4,100 Swedish employees as part of its strategy to survive as an independent carmaker. Full story...
Mar
12th
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BMW AG, the world's largest premium carmaker, said today its earnings plunged in the fourth quarter, making its 2008 results miss market expectations and sending its shares down nearly 12 percent. Full story...
Mar
12th
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BMW AG, the world's largest premium carmaker, said today its earnings plunged in the fourth quarter, making its 2008 results miss market expectations and sending its shares down nearly 12 percent. Full story...
Mar
12th
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Chrysler has warned that it may shutter its Canadian pants unless it gets sufficient concessions from labour unions as well as government aid and a tax change. Full story...