Feb
13th
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Sales of passenger cars and light commercial vehicles in Russia decreased by 33% in January 2009, according to data released today. Full story...
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Feb
13th
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General Motors on Thursday confirmed it was offering voluntary buyouts or early retirement packages to all 62,000 hourly production workers covered by the United Auto Workers (UAW) union. Full story...
Feb
13th
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Volkswagen's top labor leader Bernd Osterloh said he and Porsche CEO Wendelin Wiedeking will work together to get their companies through the worst of the economic downturn. Full story...
Feb
13th
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General Motors has denied reports it planned to sell shares in its flagship local car making joint venture with China's SAIC Motor to the parent SAIC. Full story...
Feb
13th
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Automotive production in Turkey fell by 65.8 percent in January on a year ago as the global credit crisis dents domestic sales and exports, the Turkish Automotive Industry Association (OSD) said on Friday. Full story...
Feb
13th
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General Motors has no plan to sell shares in its carmaking joint venture with China's SAIC Motor Corp to SAIC, Henry Wong, a spokesman for General Motors China, said today. Full story...
Feb
13th
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GM Europe President Carl-Peter Forster and other senior company executives met German Chancellor Angela Merkel today to discuss the future of GM's Opel brand. Full story...
Feb
13th
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GM Europe President Carl-Peter Forster and other senior company executives met German Chancellor Angela Merkel today to discuss the future of GMand#8217;s Opel brand. Full story...
Feb
13th
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Michelin is supplying a specially designed wheel for NASA's next generation of moon rover vehicles. Full story...
Feb
13th
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Volkswagen and Toshiba have signed a letter of intent to cooperate on the development of electric drive units and the accompanying power electronics for Volkswagen's planned New Small Family. Full story...
Feb
13th
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Valeo today posted a bigger than expected full-year net loss and a 9 percent sales drop. The French supplier scrapped its 2008 dividend and said it did not see the car industry crisis ending before 2011. Full story...
Feb
13th
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Chinese carmaker Chery Automobile has contacted several European auto brands, including Ford Motor's Volvo, and is interested in an acquisition, a source with direct knowledge of the matter said today. Full story...
Feb
13th
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German officials are meeting today to discuss the future of Opel but no decisions over the struggling General Motors subsidiary are expected immediately, a government spokesman said. Full story...
Feb
13th
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Volkswagen and Ford grew their share of the European market during a dismal January for all carmakers that hit rivals Toyota, Renault and GM among the hardest. Data published from ACEA showed a 27 percent collapse in new registrations last month. Full story...
Feb
13th
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Volkswagen and Ford grew their share of the European market during a dismal January for all carmakers that hit rivals Toyota, Renault and GM among the hardest. Full story...
Feb
13th
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Chrysler LLC and Nissan Motor Co. have interrupted plans to share a Japanese-built small car and a full-sized pickup until they can reduce costs. Full story...
Feb
13th
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Chrysler LLC and Nissan Motor Co. have "paused" a project to share a North American-built small car and a full-sized pickup until they can bring down their costs. Full story...
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13th
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NASHVILLE -- Toyota Motor Corp. said Thursday night it is freezing wages, reducing hours and adopting a voluntary exit program across its North American manufacturing operations. Full story...
Feb
13th
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Bentley will cut 220 jobs from its 3,800 workforce as the luxury brand reacts to falling sales. Workers also take a 10 percent pay cut from April until the end of the year. Full story...
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13th
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Volkswagen will team up with Toshiba to develop an electric-powered version of its subcompact Up concept car after signing a letter of intent on Thursday. Full story...