As the US financial crisis deepens and ripples through the global economy, worldwide light vehicle sales are expected to slow down and reach 56.8m units in 2009, a drop of 13% on last year, according to RL Polk.
Full story...
Wolfgang Bernhard, the hard-driving executive who was forced out of Volkswagen and DaimlerChrysler, has rejoined Daimler to be the head of its Mercedes-Benz van group. He starts the job on April 1.
Full story...
Wolfgang Bernhard will return to Daimler to head the company's Mercedes-Benz Vans unit, Daimler said today. Daimler CEO Dieter Zetsche said: "I am delighted that Wolfgang Bernhard is back at Daimler."
Full story...
The Canadian Auto Workers said today that it has not yet entered into any formal talks on reopening collective bargaining agreements with the struggling Detroit 3 automakers.
Full story...
Hyundai is to unveil a new concept car at this year's Geneva motor show that previews a redesign of its Tucson small SUV and the similar Sportage model sold by affiliate Kia.
Full story...
Best shots yet of baby Rolls clearly shows the all-new interior
Full story...
Here's math we actually like: Mini. Plus John Cooper Works performance. Plus convertible. Put away the graphing calculators. The answer is an even better driving experience for enthusiasts.
Full story...
Insolvent German car parts supplier Edscha likely will be auctioned off to an investor. The company's insolvency administrator Joerg Nerlich sees a realistic chance of selling group.
Full story...
French supplier Faurecia Interior Systems Inc. is seeking $110 million in damages from Chrysler LLC in a breach of contract lawsuit filed Monday in a Michigan state court.
Full story...
The component-making section of an Indian automaker could soon be in the aircraft business as well.
Full story...
US production will improve in the second quarter but market recovery will take time, a senior General Motors executive has said.
Full story...
French auto supplier Faurecia Interior Systems Inc. is seeking $110 million in damages from Chrysler LLC in a breach of contract lawsuit filed yesterday in a Michigan state court.
Full story...
General Motors, facing a Feb. 17 deadline to show the government it's a viable company, said on Tuesday it will cut 14 percent of its salaried jobs globally by the end of the year and slash the salaries of many who remain.
Full story...
Nissan Motor Co. plans to open a car plant in Russia in May, despite the global financial crisis. Nissan has begun testing vehicle assembly in Russia's second city, St Petersburg, a city official said on Tuesday.
Full story...
The market is too murky for Canadian car parts maker Magna International Inc. to give an outlook for 2009, though it fully expects sales across the battered auto industry to drop further before they bottom out.
Full story...
The next chapter of financial rescue will be more about TALF than TARP. That still could be helpful to the auto industry.
Full story...
The federal government will commit up to $1 trillion to a program aimed at boosting consumer credit, Treasury Secretary Timothy Geithner said today. The program includes loans for car buyers and inventory financing for auto dealers.
Full story...
Scenic also takes cues from other new Renaults, and promises flexible cabin.
Full story...
General Motors will cut 10,000 jobs globally including 3,000 to 4,000 in Europe to reduce costs during the economic crisis.
Full story...
Chery Automobile Co. plans to divide its growing product line into four sub-brands with different badges, says the company's spokesman Jin Yibo. Chery's product lineup includes nine passenger vehicles, one commercial vehicle and one minivan.
Full story...
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
The latest auto news, reviews, prices, product and vehicle releases.