Toyota Motor has denied a Japanese media report it has found ways to save another JPY100bn ($US1bn) this business year, or a third more than initially planned.
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GM has admitted in a government filing that its own auditor has found there is 'substantial doubt' about the company's ability to survive.
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Chrysler has axed 1,200 workers and the third shift at its Windsor assembly plant in Ontario, Canada, as demand for the minivans it makes has fallen.
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The European Commission has offered to hold a meeting of European Union countries affected by ailing U.S. carmaker General Motors, which warned on Thursday that its ability to survive was in doubt.
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German automaker Daimler AG will launch its first fuel-cell vehicle on the European market this summer, research and development executive Thomas Weber told daily Financial Times Deutschland.
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The European Commission has offered to hold a meeting of European Union countries affected by General Motors , the ailing U.S. carmaker that warned today that its ability to survive was in doubt.
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Union workers at Tata-owned Jaguar Land Rover (JLR) have voted "overwhelmingly" to back short-time and pay freeze proposals their unions believe will help retain jobs at the automaker.
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A UK car dealers group has welcomed today's (5 March) Bank of England interest rate cut to 0.5%, a record low and the sixth reduction since October.
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Fresh from the gloomy prognostications of the Geneva Motor Show, European Automobile Manufacturers Association (ACEA) president Carlos Ghosn had some of his own on Wednesday saying European car output will fall by 25% this year.
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Ford plans to reduce the cost of servicing its massive debt by buying back some bonds and swapping others for shares.
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Electric vehicles will account for a "major portion" of Ford's US model line, chief executive Alan Mulally has said.
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Volkswagen unveils efficient Polo Bluemotion concept car, due on sale next February.
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A German union has warned of 400,000 job losses across Europe if Opel is allowed to fail.
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West European car sales were down by 18% in February according to JD Power Automotive Forecasting. However, the data specialist said that the result was better than expected on the back of government sponsored scrappage schemes and additional price reductions by carmakers.
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Super luxurious 4x4 Lagonda concept arrives at Geneva Motor Show
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Striking people carrier concept debuts at the Geneva Motor Show
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Sales of news cars in the UK last month declined 21.9% year-on-year to 54,359 units, according to figures released by the SMMT.
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Although there has been some misleading information, Mitsubishi importer/assembler Grupo Souza Ramos has confirmed that new products are to be manufactured at its Catalão, State of Goiás, plant.
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General Motors today said its auditors had raised "substantial doubt" about its ability to survive outside bankruptcy if it fails to stem its losses and stop burning cash. The "going concern" warning from the struggling U.S.
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General Motors today said its auditors had raised "substantial doubt" about its ability to survive outside bankruptcy if it fails to stem its losses and stop burning cash. The "going concern" warning from the struggling U.S.
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