Dec
15th
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President George W. Bush said today an announcement about a Detroit 3 rescue was not imminent but added a decision would not take long. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Dec
15th
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The British government is set to unveil a limited aid package for car manufacturers this week, the Sunday Times said. Full story...
Dec
15th
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Schaeffler group aims to appoint four of its own managers to Continental 's supervisory board as soon as possible, owner Maria-Elisabeth Schaeffler told Frankfurter Allgemeine Sonntagszeitungin an interview. Full story...
Dec
15th
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U.S. President George W. Bush said on Monday an announcement on a auto industry rescue was not imminent, leaving the industry's fate clouded in uncertainty for a little longer. Full story...
Dec
15th
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BMW has finally lifted the lid on the new Z4 – and replaced the fabric roof of old with a folding hard-top. Full story...
Dec
15th
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Chevrolet advertising agency Campbell-Ewald will dismiss as many as 100 employees as the auto retailer cuts costs, executives familiar with the matter said. Full story...
Dec
15th
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As the general sales manager of a big Acura dealership, Dayton Diaz made friends with all his customers. Full story...
Dec
15th
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General Motors is experimenting with a new process of direct payments to suppliers that could save the automaker as much as $200 million annually. Full story...
Dec
15th
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Japanese automakers are cutting jobs at home as the U.S. downturn forces them to slash production. Toyota Motor Corp. leads the pack with its plan to trim 6,000 contract workers in the fiscal year ending March 31, 2009. Full story...
Dec
15th
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As the general sales manager of a big Acura dealership, Dayton Diaz made friends with all his customers. Full story...
Dec
15th
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Chrysler LLC has scrapped its plan to buy seats for the 2010 Jeep Wrangler from an Indian seat supplier, Krishna Maruti Ltd. Full story...
Dec
15th
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Last Thursday, Dec. 11, the U.S. Senate failed to approve a Detroit 3 bailout pushed by some Republicans that would have rolled back UAW wages and benefits to the level of North America's transplant automakers. But the issue is complex. Full story...
Dec
15th
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John Campi, Chrysler's purchasing chief who pushed for low-cost parts from Asia, told suppliers late Friday, Dec. 12, that he had resigned, effective that day. He cited health problems. Chrysler named Scott Garberding, 44, to replace Campi. Full story...
Dec
15th
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Chrysler LLC co-President Jim Press delivered the news Friday, Dec. 12, in a nationally telecast pep talk to dealers: The sales bank is back and#x2014; at least until the end of the month. Full story...
Dec
15th
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Even if General Motors gets a bailout in Washington, its troubled captive finance company faces a failure that could trigger thousands of dealership bankruptcies. Full story...
Dec
15th
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About 2,000 U.S. new-vehicle dealerships and#x2014; nearly one of every 10 and#x2014; will close in 2008 and 2009, the National Automobile Dealers Association projects. Full story...
Dec
15th
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General Motors will drastically slash North American production to 425,000 vehicles in the first quarter of 2009 and#x2014; fewer than half the total it built in the first quarter of this year. Full story...
Dec
15th
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Several Formula 1 teams are in action this week for the final test sessions of the 2008 season. Full story...
Dec
15th
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Newly crowned world champion Lewis Hamilton has revealed he will not test for McLaren prior to the 2009 car's completion in January. Full story...
Dec
15th
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Several Formula 1 teams are in action this week for the final test sessions of the 2008 season. Full story...