Magyar Suzuki, Suzuki's Hungarian unit, has offered employees at its plant in Esztergom two month's pay if they voluntarily resign by December 18, according to local media reports.
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The EU directive on carbon dioxide emissions from cars has been revised, but an environmental lobby group said "precious little will change in the short term".
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Continental has said it would cut costs and investments in the wake of further vehicle production cuts.
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Ford says that the depressed Brazilian market has sparked into life following an infusion of government credit.
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Ford says that the depressed Brazilian market has sparked into life following an infusion of government credit.
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Car manufacturers and automotive component suppliers in the Czech Republic are expected to lay off more than 13,000 workers by the middle of next year, an auto industry group has said.
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Toyota Motor is considering again reducing its 2009 sales target.
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A proposed collaborative deal between Volvo Truck and Dongfeng remains on ice due to political obstacles in China.
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Nissan has called again for increased manufacturing flexibility and competitiveness from its European production plants as a precondition for attracting investment.
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A bill that would provide federal government aid to Detroit automakers passed its first hurdle in the House of Representatives on Wednesday night, but failed to win approval in the Senate late on Thursday.
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A bill that would provide federal government aid to Detroit automakers passed its first hurdle in the House of Representatives last night - but faces a tougher time in the Senate.
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The Czech Republic's top industry, car production, will shed over 13,500 jobs in the next few months as suppliers are being hammered by recession in the euro zone, but vehicle output will still grow next year.
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French car equipment supplier Plastic Omnium is to shut a factory near Le Havre, in northwest France, Les Echos reported on Thursday, citing information obtained from a union source by AFP.
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The auto industry will sell an estimated 11.5 million new cars and trucks in 2009, the lowest sales total since 1982, according to Michael Robinet, vice president of forecast services with consulting firm CSM Worldwide. U.S.
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The auto industry will sell an estimated 11.5 million new cars and trucks in 2009, the lowest sales total since 1982, according to Michael Robinette, vice president of forecast services with consulting firm CSM Worldwide. U.S.
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WASHINGTON -- The House of Representatives approved emergency U.S. aid for Detroit's automakers, setting up a showdown in the Senate where prospects for passage are less certain.
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Young Swiss driver Sébastien Buemi extended his domination of this week's test at Jerez in Spain with the fastest time on Thursday, just edging out his Scuderia Toro Rosso teammate Takuma Sato.
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Bringing back the old-generation Golf and selling it at a fire-sale price means one of two things, or maybe both. First, since Volkswagen currently has no subcompact ready for sale in North America, the company has got nothing to rival the recent surge of small-car offerings. At the same time, they might have figured that Canadians need or want basic transportation at a reasonable price, whatever the technology that's baked into the vehicle.
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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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