Nissan is apparently reviewing its joint participation in a new factory in Morocco with its French partner Renault.
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Hyundai Motor has postponed the construction of its assembly plant in St Petersburg, according to media reports.
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Volkswagen's 2008 earnings and sales will be higher year-on-year, but the first quarter of 2009 could see Europe's biggest carmaker sink into the red, its finance chief told a newspaper Friday.
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As Russia's car market goes into reverse on the back of the financial crisis gripping its banks, Russian car dealer Incom-Auto has closed several of its outlets as many carmakers chose not renew agreements with the dealership in 2009.
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AvtoVAZ has agreed with SOK Group on all key terms relating to the purchase of struggling carmaker IzhAvto, according to Russian media reports.
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Fiat's chief executive has insisted he does not want to run Chrysler should a proposed alliance between the two automakers proceed.
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Iran Khodro is now exporting its Samand TU5 with automatic gearbox and newly designed Samand Soren to Turkey.
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Chrysler has announced a new 'employee pricing plus plus' incentive programme for all customers offering employee prices for all 2008 and 2009 models plus discounts of up to US$3,500 on 2009 model year vehicles and $6,000 on 2008 models.
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A US senator has told the new president Chrysler should repay the recent federal loan it received recently if Fiat takes a majority stake
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He is a piece of work that Marchionne. He knows that Chrysler has got to go back to Congress on 31 March and tell the custodians of the public purse what they are going to do to turn the company around.
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Vehicle production in Turkey reached 1,147,110 units of production in 2008, which was 4% ahead of 2007's level.
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Schaeffler Group owner Maria-Elisabeth Schaeffler wants to become supervisory board chairman at Continental, the Financial Times Deutschland reported Friday, citing a company insider. Mrs.
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S60’s accident breakthrough
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Volkswagen's Spanish unit Seat has unveiled a Leon-based petrol/electric hybrid prototype with 'Twin Drive' technology.
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Volkswagen's Spanish unit Seat has unveiled a Leon-based petrol/electric hybrid prototype with 'Twin Drive' technology.
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TOKYO/DETROIT (Reuters) -- Toyota is considering cutting full-time employees in North America and the UK, a company source familiar with the matter said.
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Toyota is considering cutting full-time employees in North America and the UK, a company source familiar with the matter said.
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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