Honda Motor on Friday said it would cut about 3,100 temporary jobs in Japan by the end of April as it continues to cut domestic production to match falling sales.
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Chrysler is extending shutdowns at three North American plants for another week. It had earlier extended its usual two-week Christmas holiday closures to a month.
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Kia Motors increased its global new-car sales despite falls in Europe and North America in 2008. The Korean brand sold 1.38 million vehicles in 2008, up 8.4 percent from 2007. In North America, Kia¹s unit sales fell 6.6 percent to 310,000.
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Volkswagen plans to sell its Polo small car in the U.S. VW development chief Ulrich Hackenberg said the automaker plans to sell the car in the U.S. to take advantage of American buyers' increasing enthusiasm for smaller, fuel-efficient cars.
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Toyota is to make more cuts at some North American plants in the next few months as it tries to halve completed vehicle stocks.
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Automakers in central and eastern Europe are being hit by Russia's decision to shut off natural gas deliveries to the region.
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Mitsubishi's UK sales and marketing unit is to screen a TV ad for the Lancer Sportback that authorities have ruled can only be shown after the 9pm 'watershed' so children, theoretically, don't see it. The spot was originally commissioned by Mitsubishi New Zealand and filmed in Auckland.
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Mitsubishi's UK sales and marketing unit has come up with a TV ad for the Lancer that authorities have ruled can only be shown after the 9pm 'watershed' so children, theoretically, don't see it.
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The German engineering firm Bosch announced on Thursday that it is cutting 250 jobs at its largest Hungarian plant due to falling orders.
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The German engineering firm Bosch announced on Thursday that it is cutting 250 jobs at its largest Hungarian plant due to falling orders.
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The outlook for Europe's car industry is "brutal" and there is no guarantee that all the main European manufacturers can survive the recession, European Union Industry Commissioner Guenter Verheugen said on Friday.
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Toyota Motor Corp. said it would further cut production at several North American plants over the next few months in an effort to reduce vehicle inventories by half.
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Chrysler LLC will extend shutdowns at five factories one week beyond the scheduled reopening date of Monday, Jan. 19. Assembly plants in Belvidere, Ill.; Sterling Heights, Mich.; and Toluca, Mexico, will reopen Jan. 26, the company said today.
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General Motors is in discussions to resolve financial troubles at bankrupt former parts unit Delphi Corp. as part of its own restructuring plan, the automaker said on Thursday.
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General Motors purchasing chief Bo Andersson told hundreds of suppliers on Thursday that the automaker will not lengthen the time it takes to pay them.
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The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers.
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In a move to promote green technologies, the AJAC initiated its first annual Best New Green Technology award, and the winner was announced at the Montreal Auto Show. General Motors' Two-Mode Hybrid technology was recognized as the best this year, a powertrain that consists of a 6.0-litre V8 and an electric motor that produce a combined output of 332 horsepower and 367 lb-ft of torque, while consuming just 9.8 L/100 km in the city.
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The RX-8 didn't need to be any more agile or sporty, but Mazda's dialed it up a notch anyways with their new-for-2009 R3 package. Building on the machine's recent makeover, the R3 kit adds a few goodies to get the tuner and performance buffs talking around the water cooler. Sunroof? Gone. Power seats? Gone. Lip-kit? Very much. The R3 add-ons give RX-8 a strictly race-track appearance.
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The 41st Montreal International Auto Show (MIAS) kicked off today at 10 am at Palais des Congrès. The event will last until January 25 and, during these ten days, visitors will have the opportunity to admire their favorite cars from 10 am to 10 pm, except on the last day (doors will close at 8 pm). General admission is $15.
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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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