Dec
22nd
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Hyundai Motor has taken more measures to cut output and save costs. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Dec
22nd
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The Toyota subsidiary Central Motor Co began construction of a new head office and car plant in the village of Ohira, Miyagi Prefecture today (22 December). Full story...
Dec
22nd
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The global automotive market would contract 4.3% in 2009 as the economic crisis spreads to emerging markets, the Korea Automobile Manufacturers Association has said. Full story...
Dec
22nd
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AvtoVAZ has joined the list of car producers who are extending previously announced production suspensions. Full story...
Dec
22nd
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Lotus Group CEO Mike Kimberley has criticised government policy and red tape that he claims is harming business and making the UK less attractive as a location for manufacturing cars. Full story...
Dec
22nd
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Tata has agreed to inject "tens of millions" of pounds into Jaguar Land Rover to prevent an immediate cash flow crisis while the UK government continues to consider the case for a taxpayer-funded bailout. Full story...
Dec
22nd
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Privately held German bearings maker Schaeffler won permission on Friday from the European Commission to acquire auto parts maker Continental, the EU's executive arm said. Full story...
Dec
22nd
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Toyota Motor forecast a first-ever annual operating loss, blaming a relentless sales slide and a crippling rise in the yen in what it said was an emergency unprecedented in its 70-year history. Full story...
Dec
22nd
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As predicted by Japanese media on Friday, Toyota Motor on Monday slashed profit, revenue and unit sales forecasts for the fiscal year ending 31 March, blaming both the global automobile market slump and a sharp appreciation in the Japanese yen against major currencies. Full story...
Dec
22nd
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Ford of Europe will outperform a falling European car market next year, its head of sales and marketing said. Ingvar Sviggum said Ford increased its market share in November by 0.5 percentage points, to 8. Full story...
Dec
22nd
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Hyundai still has aggressive growth plans despite the global economic crisis. Many automakers are reducing their forecasts in response to the crisis, which has hit consumer confidence and reduced car sales. Full story...
Dec
22nd
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Rycom, an affiliate of Russian importer Rolf Group, opened in mid-December the first car dealership in the central Asian nation of Tajikistan. Full story...
Dec
22nd
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The White House decided to leave the question of a 'car czar' - a federal appointee to oversee aid to the Detroit Three automakers and their restructuring - to the incoming Obama administration, reports at the weekend said. The idea had been proposed in a rejected congressional bailout package. Full story...
Dec
22nd
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Audi will unveil a concept for its new A7 at the Detroit auto show in January. "We will show a concept to test reaction to the car's styling," an Audi official told Automotive News Europe. Full story...
Dec
22nd
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Canada at the weekend said it would follow the neighbouring United States by providing C$4bn (US$3.3bn) in emergency loans to the Canadian units of General Motors and Chrysler to keep them operating while they restructure. Full story...
Dec
22nd
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If you're looking for a basic sedan with room for a family, this Fusion is a solid choice.
It was a bit odd driving the 2009 Ford Fusion on the day that the 2010 Fusion was (partially) revealed at a preview event. We now know that Ford debuted a car without any huge changes at the L.A. auto show in November. And that's all right; there isn't much about this Fusion that needs to be changed.
Photo Gallery: 2009 Ford Fusion SEL AWD - Ford Midsize Sedan Review - Automobile Magazine
Dec
22nd
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Canada will follow the United States by providing C$4 billion ($3.3 billion) in emergency loans to the Canadian arms of General Motors and Chrysler LLC to keep them operating while they restructure their businesses. Full story...
Dec
22nd
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In brighter times, Cerberus Capital Management LP hoped to save Chrysler LLC, which it called an American automotive icon. Full story...
Dec
22nd
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The Detroit 3's unionized workers should not have their pay and benefits set by )x("",foreign automakers, the chairman of the House Financial Services Committee said today. The comments by Barney Frank, D-Mass. Full story...
Dec
22nd
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Toyota Motor Corp. put its Tupelo, Miss., Prius factory on ice last week, knocking the automaker another step from its goal of producing 60 percent of its U.S. sales in North America by 2010. Full story...