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Jan
3rd

Daytona: KONI Challenge Cars Also Testing

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Nearly 40 cars participate in the opening three-day test for the 2009 Grand-Am KONI Sports Car Challenge season Full story...
Jan
3rd

2008 Mitsubishi Lancer Evolution MR Review

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The drive to work in winter when the weather's nasty is about as exciting as having wet feet. Road closures. Ice scraping. The mountain the plow-guy left at the end of your driveway. Ever just wanted to call in 'winter'? You aren't alone- but there is a solution to beating the cold-weather commute blues. What you need, my friend, is a rally car. Full story...
Jan
2nd

Chrysler gets $4 billion U.S. government loan

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Chrysler LLC today received an initial $4 billion emergency loan from the U.S. government, two days after the government completed a parallel payout to its larger rival General Motors. Full story...
Jan
2nd

Ford sees sharp drop in U.S. sales

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Ford Motor Co. expects industrywide December U.S. auto sales to drop by some 35 percent from a year earlier with no sign of a turnaround in the first quarter of 2009. Full story...
Jan
2nd

Ford sees sharp drop in U.S. sales

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Ford Motor Co. expects industrywide December U.S. auto sales to drop by some 35 percent from a year earlier with no sign of a turnaround in the first quarter of 2009. Full story...
Jan
2nd

MALAYSIA: Dealer group wants more support

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Maylasia's automotive manufacturers, suppliers and dealers will be badly affected by the global financial meltdown without support from the government and banks, the Proton Edar Dealers' Association has said. Full story...
Jan
2nd

THAILAND: Auto output seen falling

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Thailand auto production is forecast to fall this year, a Federation of Thai Industries' (FTI) automotive industry club spokesman has said. Full story...
Jan
2nd

GERMANY: Audi claims all-LED headlight first

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Audi has claimed its new V10 R8 is the first car in the world with all-LED (light emitting diode) headlamps. Full story...
Jan
2nd

GMAC gives up some GM financing rights via bailout

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GMAC LLC today said that as part of its $6 billion federal bailout and decision to become a bank, it will no longer have the exclusive right to provide low-interest loans to borrowers who buy General Motors cars and trucks. In a U.S. Full story...
Jan
2nd

US: Fed aid costs GMAC exclusivity

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Federal aid to avoid bankruptcy has forced GMAC to change finance offers to General Motors vehicle buyers. Full story...
Jan
2nd

SOUTH KOREA: Ssangyong restructure talks on

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Ssangyong Motor is working on restructuring plans with majority shareholder Shanghai Automotive Industry. Full story...
Jan
2nd

SOUTH KOREA: GM Daewoo extends some shutdowns

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GM Daewoo Auto & Technology will extend the suspension of production at some of its plants further into January as an effort to control inventory levels. Full story...
Jan
2nd

SOUTH KOREA: Kumho stalls on staff bonus

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Kumho Tyre has said it has been unable to pay bonuses to its 3,000 factory workers due to a liquidity shortage. Full story...
Jan
2nd

INDONESIA: Toyota hikes prices

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Toyota has raised its prices in Indonesia by between 5% and 13%, effective Jan 1, citing exchange rate movements as an explanation. Full story...
Jan
2nd

CHINA: Brilliance falls just short of full year targets – report

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Brilliance China Automotive reached 92% of its full year sales targets in 2008, according to a local news report. Full story...
Jan
2nd

JAPAN: Toyota eyes sun power car

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Toyota Motor reportedly is secretly developing a solar powered vehicle though production is some years away. Full story...
Jan
2nd

Tata Motors’ December sales plummet

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Sales by India's largest vehicle maker, Tata Motors plummeted in December as tight credit in a traditionally weak month and a slowing economy trimmed demand. Full story...
Jan
2nd

SOUTH KOREA: Auto industry sales end up a little

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Though sales dipped towards the end of the year, in line with most markets, South Korea's auto industry nonetheless posted a modest increase for the full year. Full story...
Jan
2nd

US: Visteon cuts white collar working hours

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Visteon will move around 2,000 salaried workers to a four-day week that cuts pay 20%. Full story...
Jan
2nd

INDIA: Mirror business sale approved

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The board of Motherson Sumi Systems has approved the acquisition of Visiocorp's global rear view mirror business. 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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