Nissan Motor said today it was on track to reverse some of its production cuts in Japan in March as inventory levels come under control, although it said vehicle sales remained weak and unpredictable.
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Kia Motors is considering issuing bonds with warrants to shore up its balance sheet amid the global credit crisis, a senior company executive said today.
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Kia Motors is considering issuing bonds with warrants to shore up its balance sheet amid the global credit crisis, a senior company executive said today.
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The Nano minicar will finally go on sale in April after months of delay caused by problems at its main production plant In India, Tata Motors said today. The Nano is slated to be the world's cheapest car at under $2,000.
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Renault CEO Carlos Ghosn said he did not expect many tie-up deals in the industry until the financial environment had stabilized.
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Kia Motors is considering issuing bonds with warrants to shore up its balance sheet amid the global credit crisis, a senior company executive said today.
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Nissan Motor said today it was on track to reverse some of its production cuts in Japan in March as inventory levels come under control, although it said vehicle sales remained weak and unpredictable.
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Volkswagen plans to double its vehicle sales in the Greater China area to 2 million units by 2018.
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Nissan Motor Co. said today it was on track to reverse some of its production cuts in Japan in March as inventory levels come under control, although it said vehicle sales remained weak and unpredictable.
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The European Commission warned again against protectionism as six EU countries awaited approval for schemes to support their ailing car industries.
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The European Commission warned again against protectionism as six EU countries awaited approval for schemes to support their ailing car industries.
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Saab is negotiating with the Swedish government over a loan guarantee of 500 million euros ($637 million), Saab chairman Jan-Ake Jonsson said.
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Mazda North American Operations is recalling nearly 31,000 Mazda CX-9 crossovers built for the 2007-09 model years to repair a problem that can cause the driver's seat to change positions unexpectedly.
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Robert Bosch LLC on Wednesday named Tim Frasier as regional president of its automotive electronics business activities in North America.
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Saab is negotiating with the Swedish government over a loan guarantee of 500 million euros ($637 million), Saab chairman Jan-Ake Jonsson said.
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In these morose times where hard-to-come-by credit and a financial crisis are having their way with the auto industry, revival will come from the development of a new type of heat engine. Over the next 20 or 30 years, this type of mill will no doubt still account for nearly 80% of the market.
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The Spectra sedan that was introduced for the 2005 model year was a sympathetic car and a welcome replacement for the unreliable previous generation. But the car didn't age gracefully and on a price/equipment comparison, the Kia no longer seems like a fire-sale deal. And when you're up against the Honda Civic, the Mazda3 and the Toyota Corolla, you can't mess around for long.
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Kia's in top form. The brand's next opus will shortly be unveiled in Geneva in the shape of a new Concept, the No.3. With a much more European flavour, it marks a step forward in Kia's design language.
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The upcoming Bentley's specs are simple: it's the most potent with 621 ponies and the fastest with 0-100 km/h in 3.9 seconds and top speeds of 329 km/h. It's also the first Bentley boasting the 6.0-litre, FlexFuel-capable V12 engine compatible with E85 fuel (85% bio-ethanol) and lighter by 110 kg.
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Nissan has just announced that they're currently testing a brand-new technology: a new generation of fuel cells. The new fuel cell is 25% smaller and generates 40% more power (130 kilowatts) than the previous generation (90 kilowatts).
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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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