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Jan
6th

GERMANY: Opel lowers prices

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Opel is reducing its car prices in response to slow car demand. Full story...
Jan
6th

GERMANY: 30,000 dealer jobs at risk

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Thirty thousand jobs in German car dealerships and service workshops are currently at risk, according to the president of the dealers' trade association, the Zentralverband Deutsche Kraftfahrzeuggewerbe (ZDK), Robert Rademacher. Full story...
Jan
6th

INDIA: Suzuki celebrates ‘Indian silver’ anniversary

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Suzuki Motor Corporation has celebrated 25 years of car production at its Maruti Suzuki plant in India. Full story...
Jan
6th

Bentley convertible gets more power, speed

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Bentley today unveiled a more powerful version of its Continental GTC convertible aimed at attracting younger buyers to the luxury marque. Full story...
Jan
6th

INDIA: Suzuki celebrates its ‘Indian silver’ anniversary

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Suzuki Motor Corporation has celebrated 25 years of car production at its Maruti Suzuki plant in India. Full story...
Jan
6th

Mercedes CLK revealed – Spy Shots

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Future coupé promises it will be a real 'glass' act with radical new targa topped design. Full story...
Jan
6th

UK: REVA announces li-ion electric car

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Reva Electric Car Company (REVA, maker of the G-Wiz brand electric cars) has announced the European launch of its lithium-ion (li-ion) battery powered EV the REVA L-ion. Full story...
Jan
6th

GERMANY: Porsche stake in VW now exceeds 50%

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Porsche has acquired over 50% of Volkswagen, increasing its holding to 50.76% of all ordinary voting shares. Full story...
Jan
6th

Zenvo muscles in – First Pictures

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Danish supercar promises more power than Bugatti Veyron. Full story...
Jan
6th

US: Chrysler leads Big Three plunge

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Chrysler led the Big Three plunge last month with sales off an incredible 53.3% year on year (adjusted for selling days) to 89,327 units. Full story...
Jan
6th

Source: China’s Dongfeng 2008 sales up 11%

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Dongfeng Motor, China's third-largest automaker, sold 1.06 million vehicles in 2008, up 11.4 percent from a year earlier, an industry source said on Tuesday. Dongfeng's passenger vehicle sales increased 14. Full story...
Jan
6th

Toyota plans to halt output for 11 days

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Toyota Motor plans to halt production at all of its plants in Japan for a total of 11 days in February and March in response to flagging auto sales, Japanese public broadcaster NHK reported on Tuesday. Full story...
Jan
6th

GM to get another $5.4 billion from Treasury

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General Motors will receive a second $5.4 billion installment of its government loan on Jan. 16, the U.S. Treasury said late Monday. In a transaction report for its bailout fund, the Treasury said it has approved the release of a total of $9. Full story...
Jan
6th

ArvinMeritor cutting executive pay by 10%

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ArvinMeritor Inc. plans to cut the base salaries of its executives by 10 percent beginning Jan. 16 in response to a worsening economy. Full story...
Jan
6th

Chrysler expands credit union loan program

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Chrysler LLC, which launched a test loan program with credit unions in 12 states last month, has expanded the program to all 50 states. Full story...
Jan
6th

Ford leads Consumer Reports list of Detroit 3 picks

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Ford Motor Co. dominates a special list of Detroit 3 vehicle recommendations by Consumer Reports in its February issue. The magazine normally recommends cars in its April issue. Full story...
Jan
6th

ArvinMeritor execs to get pay cuts

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ArvinMeritor Inc. plans to cut the base salaries of its executives by 10 percent beginning Jan. 16 in response to a worsening economy. Full story...
Jan
6th

GM China sales growth slows to 6.1% in 2008

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General Motors said on Tuesday its China vehicle sales rose 6.1 percent in 2008, down sharply from 18.5 percent growth the previous year as a downturn in the economy hit automobile demand. GM and its joint ventures sold 1. Full story...
Jan
6th

ArvinMeritor cutting exec pay by 10%

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ArvinMeritor is cutting base salaries of about 100 senior executives by 10 percent as it looks to conserve cash in response to "worsening economic conditions," the auto parts supplier said on Monday. Full story...
Jan
6th

Ford EcoBoost engines deliver more power with less fuel

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The times, they are a changing. Though it breaks a long-held North American tradition and contravenes the 'bigger is better' mentality, Ford is pushing powerplant technology to the next level in the name of power and efficiency. Full story...
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 van, insurance you can rely on is a must.
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