Feb
18th
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The Swedish government has said it is not prepared to take over Saab, General Motors' loss-making Swedish subsidiary. Full story...
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Feb
18th
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Goodyear Tire and Rubber Co. said today it plans to cut 5,000 jobs worldwide in 2009, or 6.7 percent of its staff, after a prolonged downturn in vehicle demand led to a deeper-than-expected loss in the fourth quarter. Goodyear, the largest U.S. Full story...
Feb
18th
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Opel and the other European operations of U.S. carmaker General Motors have signaled they will unveil a plan for their future next week, German Economy Minister Karl-Theodor zu Guttenberg said on Wednesday. Full story...
Feb
18th
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Honda has said that total worldwide sales of its hybrid cars since November 1999 have reached 300,000 units. Full story...
Feb
18th
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BMW is studying whether to use wind energy to help power its Spartanburg, S.C., factory. Full story...
Feb
18th
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Ghostly image confirms spirit of new Renaultsport Megane. Full story...
Feb
18th
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Here are reactions to the General Motors and Chrysler LLC restructuring plans submitted Tuesday to the U.S. Treasury Department: Full story...
Feb
18th
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Suzuki posted 117.7% growth in the Middle East last year, selling over 24,000 units in 2008. Full story...
Feb
18th
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The Original Equipment Suppliers Association wants to form a group of stakeholders to work out details of its requested $18.5 billion federal aid package. Full story...
Feb
18th
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Continental will not take part in the Frankfurt motor show later this year. Full story...
Feb
18th
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Toyota's UK manufacturing operations have imposed a pay freeze and introduced a voluntary departure programme. Full story...
Feb
18th
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Ford has reached a deal with the United Auto Workers union to reduce its labour costs in line with Japanese rivals and to help it survive without government loans, the automaker and union have said. Full story...
Feb
18th
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Canadian prime minister Stephen Harper has said he is not concerned about the possibility of General Motors moving out of Canada as the Detroit-based company restructures its operations. Full story...
Feb
18th
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The European Investment Bank (EIB), the EU's lending arm, will grant 7 billion euros ($8.9 billion) in loans to carmakers in the first half of 2009 for green cars, with more funds possible for the rest of the year. Full story...
Feb
18th
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The White House has said "more will be required" to ensure the viability of General Motors and Chrysler after the companies submitted restructuring plans. Full story...
Feb
18th
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Toyota has announced a freeze on pay and management bonuses at its UK car-making operations in 2009. Full story...
Feb
18th
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Saturn dealers are planning to spin off from General Motors into a new company that will seek to sell third-party vehicles under the Saturn brand, according to an Arizona dealer. Full story...
Feb
18th
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Schaeffler Group has denied a report that Chief Financial Officer Thomas Hetmann is leaving the company because of pressure from its banks. Hetmann was a key driver of Schaeffler's hostile takeover of Continental. Full story...
Feb
18th
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Schaeffler Group's Chief Financial Officer Thomas Hetmann is to step down under pressure from the German supplier's banks, the Financial Times Deutschland newspaper reported today. Full story...
Feb
18th
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Key Plastics has said that it has completed its prepackaged bankruptcy reorganisation, with effect from 13 February. Full story...