PSA/Peugeot-Citroen will boost its purchasing from low-cost countries during 2009 to cut costs. )x("",We are moving toward another dimension in the process, PSA Purchasing Director Jean-Christophe Quemard told Automotive News Europe.
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Mercedes-Benz will unveil its new E class next week ahead of the sedan's March launch at the Geneva auto show.
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Suppliers expect at least two to three years of pain in western Europe, as the economic downturn cuts output by as much as 20 percent.
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A Chinese car that looks similar to Mercedes-Benz's Smart ForTwo could be cleared for European sales as early as mid-January, people familiar with the matter told Automotive News Europe.
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In the first half of 2008, before things started to take a decisive turn for the worse, there was good news and bad news in the global auto industry. Here's a quarter-by-quarter review of a year that was a turning point for the industry.
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The sales collapse that started late last year will accelerate in 2009, leading to fewer carmakers and more factory closures, industry watchers say. New-car sales in western Europe will fall by 15 percent or 2.1 million unit this year to 13.
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Suppliers who squeezed money out of PSA/Peugeot-Citroen last year to compensate for high raw material costs should expect to give some back in 2009.
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Peugeot will rely more on Internet marketing of new cars to help counter the economic slump. Launched one year ago, Peugeot's French-language Web Store site (www.peugeotwebstore.
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Here is the schedule of the launches of the new Formula 1 cars for the 2009 FIA F1 World Championship.
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Canadian race car driver Alex Tagliani will be in Indianapolis for the IndyCar Series season preview meeting.
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It is now almost beyond doubt that Sébastien Buemi, a Swiss rookie, will be confirmed as a Toro Rosso race driver for the 2009 season.
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Sir Jackie Stewart, a true veteran of the formula one scene and a three-time Formula 1 champion, has criticised Bernie Ecclestone's iron rule of the sport.
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Two-time Formula 1 World Champion Fernando Alonso and wife Raquel del Rosario emerged unhurt from a plane accident in Kenya.
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Canadian race car driver Alex Tagliani will be in Indianapolis for the IndyCar Series season preview meeting.
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Porsche's unique new four-door model, the Panamera, will make its world debut in China before worldwide market launch. Porsche says their latest will be presented publicly for the first time at Auto Shanghai 2009 in China later this year.
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Here is the schedule of the launches of the new Formula 1 cars for the 2009 FIA F1 World Championship.
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Sir Jackie Stewart, a true veteran of the formula one scene and a three-time Formula 1 champion, has criticised Bernie Ecclestone's iron rule of the sport.
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The 2009 North American International Auto Show (NAIAS) in Detroit will be a major event for Fisker, which is set to launch not only the production version of the Karma sedan but also an all-new concept.
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This week, we've reviewed for you, among other vehicles, the 2009 Suzuki Grand Vitara, a logical alternative to the big, gas-guzzling SUVs. Also don't miss our video about the new Dodge Challenger, Chrysler's modern-day pony car! On another note, with the auto show "season" at our doorstep, Auto123 is preparing comprehensive coverage for you.
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Two-time Formula 1 World Champion Fernando Alonso and wife Raquel del Rosario emerged unhurt from a plane accident in Kenya.
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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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