California-based Hyundai Motor America has introduced a unique finance deal that allow customers to return cars if they lose their jobs in the first year.
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During a focus group meeting in late November, Joel Ewanick, Hyundai Motor America's vice president of marketing, realized no matter how much cash Hyundai piled on the fenders, it probably wasn't going to get buyers into showrooms.
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XF line up gets new diesel flagship model with 600Nm of torque.
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German vehicle production fell last year for the first time since 2002, to 5.5m units, down three percent on 2007.
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General Motors, Ford Motor Co., American Honda and Toyota Motor Sales U.S.A. all reported sales declines of more than 31 percent in December as the U.S. auto industry capped its worst year since 1992.
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Ford Motor Co. dominates a special list of Detroit 3 vehicle recommendations by Consumer Reports in its February issue.
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German supplier Stankiewicz has commenced insolvency proceedings.
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Renault has reached its year-end target of slashing rising stocks of unsold vehicles back to the levels it recorded at the end of 2007, chief operating officer Patrick Pelata said on Tuesday.
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Plants may be closing for days in Japan after a 34-year sales low and volumes down in North America and Europe but the Australian arm of Toyota remains bullish, saying it defied global trends to establish a record in 2008.
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Mazda reveals its plans for wild new 2, alongside tuned versions of popular 6 and RX-8
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Bentley will complete its Speed portfolio when it introduces a freshened Continental GTC range at the Detroit auto show.
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Toyota is to suspend production at all of its domestic plants for 11 days in February and March as sales continue to slump.
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Toyota Motor Corp. will halt production at its Japanese plants for 11 days in February and March as plunging U.S. sales has left dealers' lots full of unsold cars.
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Toyota Motor Corp. will halt production at its Japanese plants for 11 days in February and March as plunging U.S. sales has left dealers' lots full of unsold cars.
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Full-year 2008 new vehicle sales fell just 3.6% 'down under' though the forecast for 2009 is off 13%.
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ArvinMeritor is cutting basic salaries of around 100 senior executives by 10% as it looks to conserve cash in response to "worsening economic conditions".
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Manheim Auctions' full year round-up of 2008 reveals that average wholesale values of used cars in Britain plummeted by 21% during the year.
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Fiat's new coupe, ultimate legends head-to-head group test, Audi's hot new A1, 200mph Bentley convertible
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Bentley has revised its Continental GTC (GT open-top) range and added a new variant.
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Chrysler, with a $4bn low-interest federal government loan in the bank, has said it has enough liquidity to survive to the end of March despite slumping sales.
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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