Oyak Renault, a joint venture of Renault and Turkey's Oyak, will halt production between February 2-10 due to lower demand in the automotive sector, a company spokeswoman told Reuters on Monday.
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Nippon Steel, the world's second largest producer, will consider revising down its production outlook after seeing Toyota and Honda first-quarter output plans due later this month, a company executive has said, adding that the supplier expects demand to start recovering around mid-year.
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Honda Motor's US sales fall last month was similar to the 35% drop seen in December, and it will take several months to bring inventory down to sound levels, chief financial officer Yoichi Hojo has said.
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Toyota subsidiary and small car specialist Daihatsu says it expects profit and sales to decline in fiscal 2008 for the first time in seven years.
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Toyota subsidiary and small car specialist Daihatsu says it expects profit and sales to decline in fiscal 2008 for the first time in seven years.
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Schaeffler has again asked for state aid - a request apparently meeting a cool reception in Germany's government.
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Ssangyong has said that it has resumed vehicle production on Monday (2/2/09) as parts supplies normalised.
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Domestic sales of new vehicles in Japan plunged 27.9% year on year last month to 174,281 units, a record drop for a January, an industry body said on Monday.
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Renault low-cost Romanian Dacia car unit has widened its range of economical and 'eco-friendly' engines to include new versions powered by liquid petroleum gas (LPG) and E85 bioethanol. The new Sandero E85 model emits as little as 60g/km on the sugar cane-based E85 fuel available in Sweden and 130g/km on the sugar beet/wheat-based E85 fuel made in France.
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We show you how to save big on everyday motoring expenses.
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Fiat-PSA-Chrysler would be a massive corporate entity - but does it have the right kind of global coverage? Mark Bursa thinks there might still be something missing.
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New-car sales in Italy fell almost 33 percent to about 157,000 units in January, compared with the same month last year, sources said. The slide is worse than expected.
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Ford Motor Co. announced Monday that it plans to sell its automatic transmission factory near the southwestern city of Bordeaux to a French company that operates one of the country's historic steel forging operations.
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Ford Motor's factory in Blanquefort in western France will be acquired by a German industrial group, Economy Minister Christine Lagarde said on Monday, adding that 1,600 jobs at the plant would be saved.
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New-car sales fell steeply in France, Spain and Italy in January as the bleak economic outlook kept buyers out of showrooms. In France, new car sales were down 7.9 percent to 149,385 last month after a 15.
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Spanish car sales fell by 41.6 percent in January versus a year earlier, compared to a 49.9 percent drop in sales in December last year, car manufacturers' association ANFAC said on Monday.
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Iranian automaker Iran Khodro (IKCO) has launched new Peugeot Pars automatic and diesel 206 SD models, becoming the first Iranian carmaker to produce diesel-powered passenger cars.
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Iranian automaker IKCO has launched new Peugeot Pars automatic and diesel 206 SD models, becoming the first Iranian carmaker to produce diesel-powered passenger cars.
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General Motors could face a multibillion-dollar tax hit under its $13.4 billion federal bailout, a scenario the automaker faces just weeks before it must file a restructuring plan with the government.
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Auto parts maker Contech LLC said on Friday that it has filed for Chapter 11 bankruptcy protection, citing a downturn in the automobile industry.
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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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