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Feb
3rd

SOUTH KOREA: GM Daewoo to halt output again

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General Motors' South Korean unit plans temporarily to halt production at its plants this month because of a sharp drop in demand. Full story...
Feb
3rd

U.S. auto sales drop 37% to another low

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U.S. auto sales dropped 37.1 percent in January, dragged down by the Detroit 3, as the industry posted its lowest monthly total in 27 years. Ford Motor Co.'s 41. Full story...
Feb
3rd

U.S. auto sales drop 37% to 27-year low

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U.S. auto sales dropped 37.1 percent in January, dragged down by the Detroit 3, as the industry posted its lowest monthly total in 27 years. Ford Motor Co.'s 41. Full story...
Feb
3rd

Ford, GM drop more than 40% as industry nears 27-year low

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Ford Motor Co. and General Motors said sales plunged more than 40 percent in January, putting the industry on pace for its worst month since August 1982. Ford's 41.6 percent fall and GM's 49 percent drop were steeper than analysts' forecasts. Full story...
Feb
3rd

Ford sales plunge 42%; Toyota drops 32%

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Ford Motor Co. said U.S. sales fell 41.6 percent in January and Toyota reported a 31.7 percent drop, kicking off what analysts expect to be the industry's fourth straight monthly decline of more than 30 percent. Full story...
Feb
3rd

Denso reverses profit outlook to loss on global downturn

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Denso Corp., the world's second-biggest auto supplier, reversed its full-year profit forecast to a loss after posting a 68.8 percent tumble in operating income for the first three quarters of its fiscal year. Full story...
Feb
3rd

US: Ford reduces warranty costs

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Ford has reduced its worldwide warranty repairs costs by US$1.2bn in the past two years and the repair rate in the US is now almost half the 2004 total. Full story...
Feb
3rd

SOUTH KOREA: Auto sales slump 35%

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South Korean automakers' sales fell 35% last month despite hopes a weaker won and growing demand for smaller cars would help them weather the current economic storm. Full story...
Feb
3rd

SOUTH KOREA: Auto sales slump 35%

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South Korean automakers' sales fell 35% last month despite hopes a weaker won and growing demand for smaller cars would help them weather the current economic storm. Full story...
Feb
3rd

Focus RS specification revealed in full – Focus RS unleashed

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Finally, Ford has confirmed the specification of the new Focus RS. And it's the most powerful front wheel drive car the firm has ever built... Full story...
Feb
3rd

Ford expects more retooling money, cooperation on CO2

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Ford Motor Co. executives say they expect "robust" additional funding for a program of low-interest government loans to help automakers and suppliers retool for more fuel-efficient vehicles. Full story...
Feb
3rd

BMW X5 M

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German giant gives X5 the M Sport treatment creating its hottest SUV yet. Full story...
Feb
3rd

British Motor Show faces the axe

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Could Britain's biannual Motor Show be the credit crunches next victim? Full story...
Feb
3rd

SOUTH AFRICA: January new vehicle sales down 35%

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New vehicle sales in South Africa fell by 35.4% year-on-year in January to 30,503 units according to data released by the National Association of Automobile Manufacturers (NAAMSA). Full story...
Feb
3rd

SOUTH AFRICA: January new vehicle sales down 35%

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New vehicle sales in South Africa fell by 35.4% year-on-year in January to 30,503 units according to data released by the National Association of Automobile Manufacturers (NAAMSA). Full story...
Feb
3rd

JAPAN: Mitsubishi Motors plans job cuts – report

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Mitsubishi Motors plans to axe around 300 jobs in the US through voluntary retirements, a Japanese newspaper reported. Full story...
Feb
3rd

JAPAN: Mitsubishi Motors plans job cuts – report

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Mitsubishi Motors plans to axe around 300 jobs in the US through voluntary retirements, a Japanese newspaper reported. Full story...
Feb
3rd

CANADA: Automaker loans not taken up yet

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The Canadian units of General Motors and Chrysler have yet to draw on C$4bn (US$3.2bn) in loans made available by the federal and Ontario provincial governments, a minister has said. Full story...
Feb
3rd

Mazdaspeed 3 set for Geneva motor show debut:

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Hot on the heels of the recently introduced 2010 Mazda 3, the guys from Hiroshima are planning to show the performance-focused Mazdaspeed 2 version at the Geneva motor show in March. Full story...
Feb
3rd

Mazda readies new Mazdaspeed 3 for Geneva debut:

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Hot on the heels of the recently introduced 2010 Mazda 3, the guys from Hiroshima are planning to show the performance-focused Mazdaspeed version at the Geneva motor show in March. Full story...
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