Opel workers could see their wages cut by 10% or more as part of the recovery plan for the carmaker, works council head Harald Lieske has told Thueringer Allgemeine Zeitung.
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Sweden's government has said it plans to exempt taxes on clean cars and raise them on others in an attempt to cut carbon dioxide emissions.
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Visteon has made a US$16m interest payment on US$453m of bond debt today, a move that some observers said made a speculated imminent filing for bankruptcy less likely.
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Design concept takes its inspiration from insects
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Visteon Corp. made a $16 million interest payment today on $453 million of bond debt, dampening speculation that a bankruptcy is imminent.
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Visteon Corp. made a $16 million interest payment today on $453 million of bond debt, dampening speculation that a bankruptcy is imminent.
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Mexican automobile production and exports both fell sharply in February as the U.S. recession continued to hammer the sector, although the sector showed some improvement from a dismal January. Auto exports dropped 44.
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Honda is betting that it can steal some buyers from market leader Toyota by introducing the cheapest hybrid in the United States. American Honda Motor Co.
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The Honda Insight five-door hybrid will have a base list price of $20,470 in the United States, American Honda Motor Co. said today. That price includes shipping.
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Malaysia's Naza Group is reportedly in talks with PSA Peugeot-Citroen to jointly develop a compact car.
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Toyota is the best brand name in Japan, beating heavyweight household names such as Sony, Toshiba and Panasonic, according to a new marketing survey. The nation's other automakers fared well, too.
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Toyota is the best brand name in Japan, beating heavyweight household names such as Sony, Toshiba and Panasonic, according to a new marketing survey. The nation's other automakers fared well, too.
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Credit crunch? What credit crunch? Vote for you favourite £1million supercar here in our exclusive online poll.
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Dow Automotive says it has introduced a new bonding system for the roof of the new BMW 7 Series.
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Mitsubishi Motors in the UK has today made two announcements in relation to its management team, taking effect from April 1st 2009.
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General Motors executives from Detroit and Europe will meet European lawmakers Friday, the European Commission said today.
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General Motors executives from Detroit and Europe will meet European lawmakers Friday, the European Commission said today. "We have invited for next Friday the highest representatives from General Motors Europe and Detroit.
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New vehicle sales in the Philippines declined by 5% to 9,027 units in February, from 9,474 units a year earlier, according to data released by the Chamber of Automotive Manufacturers of the Philippines (CAMPI).
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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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