Lear Corporation is looking for an amendment and waiver under its primary credit facility in light of current and longer-term industry conditions, the auto supplier has said.
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Hyundai Mobis has abandoned a plan to merge with fellow Hyundai subsidiary Hyundai Autonet due to costs imposed by shareholders opposed to their integration.
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General Motors' Indian subsidiary is to raise its car prices in the country, a senior official from the company was quoted saying today.
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PSA Peugeot Citroen is scrapping the night shift at its Sochaux factory from 2 February, a union official has said.
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PSA Peugeot Citroen is scrapping the night shift at its Sochaux factory from 2 February, a union official has said.
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Mitsubishi Motors is soon to axe about 900 more temporary jobs, local media reported.
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Japanese market sales will fall below 5m in 2009 and there is little reason to believe that there will be a significant recovery in the medium to long term.
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A PSA company official has told an Indian newspaper that the company is looking at local manufacturing options as part of a strategy to develop a significant presence in India's market. A final decision is still to be made.
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The trend in Brazilian vehicle sales improved in December on government measures to stimulate the automotive sector.
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A German billionaire has killed himself after losing money betting on the Volkswagen share price last autumn.
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Daimler is not careful enough with employee information, according to data protection authorities in Germany.
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Indian commercial vehicle maker Ashok Leyland sold 2,321 vehicles in December, a decline of 63.4% on December 2007.
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German new car sales were down 6.6% in December, but this was a considerable improvement over the previous month, which had seen a fall of 18%.
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Daimler is investing around EUR700m in its Chinese truck joint venture with Beiqi Foton.
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The United Auto Workers (UAW) General Motors department has begun planning bargaining strategy and president Ron Gettelfinger has said the union would seek factory floor-level approval for any changes made in return for the federal bailout loan.
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General Motors and Chrysler may not need any more federal money on top of US$17.4bn in loans already approved, a leading auto union official has said.
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Official pictures and details on Bentley's most powerful convertible ever.
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Porsche's four-door 'Gran Turismo' Panamera will finally make its public debut at Auto Shanghai 2009 in China from 20-28 April. The car will be unveiled at a press conference on 19 April ahead of sales in late summer.
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We take a look at Audi's top secret MINI Cooper S rival, and reveal how pocket rocket is shaping up.
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New entry-level Splash is greenest version yet
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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