Toyota and Honda, Japan's top two automakers, are eyeing production cuts of at least 10 percent in the next fiscal year. They expect to balance their global inventories by June. Toyota Motor Corp.
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After-tax profit at Volkswagen Group rose 14 per cent in 2008 to 4.7 billion euros (5.9 billion dollars) before the automotive market turned sour, Europe's biggest carmaker said today.
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After-tax profit at Volkswagen Group rose 14 per cent in 2008 to 4.7 billion euros (5.9 billion dollars) before the automotive market turned sour, Europe's biggest carmaker said Monday.
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Renault on Monday unveiled a concept for a coupe crossover concept from its Romanian subsidiary, Dacia.
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Renault on Monday unveiled a concept for a coupe crossover concept from its Romanian subsidiary, Dacia.
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The German government has reacted cautiously on the question of state aid for Opel, which the unit will be asking for in a detailed document due to be submitted today.
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Audi is bucking the trend among luxury automakers who are churning out hardtop convertibles, as the new A5/S5 cabriolets that will reach these shores in October will be the old-fashioned, soft-top design.
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Audi is bucking the trend among luxury automakers who are churning out hardtop convertibles, as the new A5/S5 cabriolets that will reach these shores in October will be the old-fashioned, soft-top design.
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Environment Minister Jim Prentice said today Canada aspires to be part of a stringent North American standard on fuel efficiency for the continent's heavily integrated auto industry.
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Opel has released another image of its range-extending Ampera hybrid ahead of its official debut at the Geneva motor show.
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Opel has released another image of its range-extending Ampera hybrid ahead of its official debut at the Geneva motor show.
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Nissan and the Portuguese government on Monday signed an agreement to study investing between 300 million and 400 million euros in a plant in Portugal to produce batteries for electric cars.
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Porsche has said that it has increased group profit in the first six months of its the current 2008/09 business year (August 1, 2008 to January 31, 2009), helped by VW share dealings.
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Mercedes-Benz's gorgeous 300SL--or Gullwing, as it is affectionately now known--has been reborn five decades after the iconic two-seater first sent the motoring world into a spin at the New York auto show in 1954.
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New-car sales were down by nearly 50 percent in Spain in February, while France suffered a strong fall for the second consecutive month, offering further proof of the difficulties facing carmakers on the eve of the Geneva auto show.
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Renault today unveiled a concept for a coupe crossover concept from its Romanian subsidiary Dacia. Called the Duster, the concept was designed as an image booster for Dacia, which makes the low-cost Logan car.
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The French government has made a U-turn on its proposed EUR6.5bn aid plan for Renault and Peugeot-Citroen, dropping its previous conditions relating to the factories' locations and obliging manufacturers to favour French suppliers when making purchases.
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Corsa and Astra get a race-inspired makeover to celebrate the firm's 2008 BTCC success
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Demands on engine cooling product performance, packaging and cost are continually increasing. As automakers expect economical solutions that help reduce emissions from cars and trucks, Matthew Beecham reports on how suppliers of engine cooling systems are responding.
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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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