Thailand's vehicle sales are expected to fall 7% this year according to consultancy firm Frost & Sullivan. But cars could buck the trend.
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Russia's largest truck manufacturer Kamaz has resumed production after it was suspended on February 2 due to sharply falling domestic and foreign sales, Kamaz said in a statement.
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Nissan in the Philippines has cut its workforce by 15% and reduced its work week from six to five days due to the deepening global financial crisis.
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Skoda will debut its Yeti at the Geneva auto show next month. Skoda describes the SUV-styled Yeti as a practical solution for customers who want a compact car that is robust, safe and has universal appeal.
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Skoda will debut its Yeti at the Geneva auto show next month. Skoda describes the SUV-styled Yeti as a practical solution for customers who want a compact car that is robust, safe and has universal appeal.
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Mexico experienced a huge fall in auto exports and production in January, industry data showed.
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Porsche continued its slow striptease reveal of the Panamera sedan on Thursday with the release of photos of the interior.
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Dramatic global vehicle production cuts in the second half of 2008 stifled BorgWarner Inc.'s record first half of the year financial performance, pushing the supplier into the red for quarterly and full-year results.
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Supplier BorgWarner Inc. today said it cut 4,400 jobs, or 24 percent of its workforce during 2008, as it posted a steep fourth quarter loss due to significant reductions in global auto production.
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A number of suppliers to AvtoVAZ have stopped shipping due to late payment, according to a report in The Moscow Times.
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Nissan North America will stray from the discount-deal marketing pitch adopted late last year when a sinking economy kept consumers away from U.S. dealerships.
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Nissan North America will stray from the discount-deal marketing pitch adopted late last year when a sinking economy kept consumers away from U.S. dealerships.
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Tata Motors has agreed a deal with India's state-owned Corporation Bank to finance passenger vehicles.
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Geely is planning to further expand its businesses in China's second- and third-tier cities, by opening its 1,000th outlet by the end of June 2009, according to China Business.
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Nissan Motor on Thursday said it wanted to expand Chinese vehicle sales this year by 4.6%.
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All Chinese staff of formerly SAIC-owned Ssangyong Motor including CEO Lan Qingsong have returned to China.
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Renault has reported net income for 2008 of EUR599m "amid severe downturn" on revenues off 7% year on year (but 28.7% in the final quarter) to EUR37,791m.
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Renault is re-organizing its upper management structure, including appointing of a new global sales boss, a new purchasing director and a new manager for its French home market.
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New car sales fell in Russia fell by 33% year-on-year in January to 116,500 cars as the market was hit by economic downturn and a shortage of credit for car loans.
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Blaming the global financial crisis, Hyundai has now confirmed a halt to plans to build a wholly-owned plant in Brazil while Honda now plans to build a new small car in Brazil, rather than construct a new plant in Argentina.
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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