A truck joint venture between Volvo and Eicher Motors posted a large fall in sales last month, reflecting the ongoing reluctance of Indian firms to replace commercial vehicles in a flagging economy.
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Research has shown that driver error is one of the most common causes of traffic accidents. Driver assistance technologies can therefore provide a vital helping hand in times of trouble. A research report from just-auto highlights developments in this fast-moving sector.
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Guangdong province will subsidise Guangzhou Automotive Industry with up to RMB1bn (US$146m) to make its own brand of vehicles as part of the central government's stimulus package for the car industry announced last month, Chinese media reported.
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Shangahi Auto (SAIC) is reportedly planning to cut salaries of top executives as it looks to save costs in anticipation of harder times.
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ArvinMeritor, which makes parts for trucks and cars, posted a deeper quarterly loss on Wednesday as production dropped and it took charges related to its withdrawal from its slumping business to supply parts to passenger vehicles.
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Supplier ArvinMeritor Inc. today said it posted a net loss from continuing operations of $991 million for its fiscal first quarter that ended Dec. 28. That compared with a loss of $1 million a year earlier.
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Supplier ArvinMeritor today said it posted a net loss from continuing operations of $991 million for its fiscal first quarter that ended Dec. 28. That compared with a loss of $1 million a year earlier.
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ArvinMeritor Inc. posted a nearly $1 billion net loss on impairment, tax and other charges in its first fiscal quarter with revenue dropping more 17 percent from the same period last year.
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Volkswagen has denied a local media report and said it has no plans to delay expansion of a car manufacturing plant in south west China.
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The Czech EU presidency has urged the European Commission to find new ways to encourage people to buy more cars.
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Strong sales of the Sonata sedan and Santa Fe crossover helped Hyundai stand with only two other brands in recording higher U.S. sales in January compared with January 2008. The other two gainers were Hyundai's sister brand, Kia, and Subaru.
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AvtoVAZ domestic car sales decreased 60% on last year to 29,100 units in January, the company has said in a statement.
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Are we talking ourselves into recession? If we are, then perhaps the media reporting of all the bad economic news plays a role, but it's a supporting - not a lead - role at most. And the media has a duty to report on what is happening.
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U.S. Rep. John Dingell, longtime congressional champion for U.S. automakers, warns people to not write off the industry -- or him -- just yet. "Don't give up on this 82-year-old Polish lawyer," said Dingell, D-Mich.
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Rep. John Dingell, longtime congressional champion for U.S. automakers, warns people to not write off the industry -- or him -- just yet. "Don't give up on this 82-year-old Polish lawyer," said Dingell, D-Mich.
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US light vehicle sales in January set a couple of records the automakers could do without: adjusted for selling days, volume dropped 39.4% year on year to 655,226 - a 27-year low and, for the first time ever, below China.
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A daring duo from Vauxhall is set to star at next month’s Geneva Motor Show.
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Fiat said it will halt production at its Mirafiori plant for an extra two weeks in March, keeping about 5,000 workers home as it cuts costs amidst a severe industry crisis. On January 26, a source said the plant would be closed until March 13.
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The BVRLA - the UK trade body for vehicle leasing and rental companies - has written to the government to propose that it does more to free up financing and has also suggested that a scrappage incentive be introduced that applies to used cars as well as new ones.
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Mazda Motor and Mitsubishi Motors warned on Wednesday they would lose money this year because of falling demand for new cars.
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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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