The Slovak government will spend 33 million euros to subsidize sales of new cars as part its effort to ease the pain of economic crisis by boosting domestic demand, Prime Minister Robert Fico said today.
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Fiat had the lowest average fleet CO2 emissions among automakers that sell cars in Europe in 2008, according to a study released today.
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Refreshed Focus rival spied testing, before catching fire!
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BMW is looking to launch a hybrid car in Japan in mid-2010, the company's Japanese subsidiary has said.
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BMW is looking to launch a hybrid car in Japan in mid-2010, the company's Japanese subsidiary has said.
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AvtoVAZ has reportedly suspended its talks to buy carmaker IzhAvto from SOK Group.
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GAZ shut down its production this week and is not due to resume again until 10 March, local press reported today.
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The European Commission is scrutinizing national schemes to support ailing car industries and has once more warned against protectionism.
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Management at GM's Opel subsidiary in Germany will today present its supervisory board with a restructuring plan that could involve plant closures and the loss of thousands of jobs.
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GM Europe and the Opel Supervisory Board have today approved a long-term plan for viability that will be submitted to government representatives 'in the coming days'.
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Labour unions from Opel's factory in Gliwice have appealed to the Polish government for support for the facility.
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Abarth 500-based concept lets driver maximise speed or fuel economy at the touch of a button
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Japanese vehicle production in January fell 41% year-on-year to 576,539 units, according to data released by the Japan Automobile Manufacturers Association (JAMA).
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The strategic stake taken in Valeo by the French state-run investment fund, FSI, was taken to protect it from aggressive investment funds, the French president Nicolas Sarkozy has said.
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BMW has launched its sports coupe BMW X6 in Mumbai.
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GM Europe factories in Germany and Spain have been helped by government incentives schemes to boost new-car sales.
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GM in Brazil has said it will dismiss 1,633 temporary employees and send another 900 on paid leave, denting hopes that Brazil's auto industry sector can escape the worst effects of the international financial crisis that has hit sales.
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GM in Brazil has said it will dismiss 1,633 temporary employees and send another 900 on paid leave, denting hopes that Brazil's auto industry sector can escape the worst effects of the international financial crisis that has hit sales.
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According to local media reports in South Korea, Samsung Group and Hyundai-Kia are going in opposite direction on corporate jets - a subject that is sparking heated debate as the country's companies strive to cut costs.
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Nissan said today it would skip some major international auto shows in its new business year starting on April 1 to save cash as global car sales plummet.
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