Fiat passed a significant milestone today when the millionth Grande Punto came off the production lines at its factory in Melfi.
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Fiat has started production of its sedan brand Linea in India, part of its joint venture with Tat Motors. The car will be assembled at its Ranjangaon plant located near Pune in Maharashtra.
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Dana Holding has said it has secured an amended credit facility in a deal which the supplier group says will provide it with strategic flexibility. The company also said it had obtained permission to dispose of some non-core assets.
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France and Germany are determined to protect manufacturing in Europe and will not let key industries like the automobile sector disappear, President Nicolas Sarkozy said on Monday.
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France and Germany are determined to protect manufacturing in Europe and will not let key industries like the automobile sector disappear, President Nicolas Sarkozy said on Monday.
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Porsche has released the first official photos of the four-door Panamera.
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Jaguar Land Rover (JLR) is reportedly pressing the UK government for a GBP1bn loan to help it through the industry downturn.
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VW's supervisory board decided on Friday to retain for now a special committee that limits top shareholder Porsche's power, rebuffing the sports carmaker. Porsche has been fighting for ways to gain more control over VW.
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British-based carmaker Jaguar Land Rover is in secret talks with the UK government over a 1 billion pound ($1.48 billion) loan, just nine months after the Indian conglomerate Tata Group bought the luxury carmaker, the Sunday Times newspaper reported.
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Daimler is currently reevaluating all investment plans and if they do not directly contribute to improve the competitiveness of the company they will be cut.
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EU industry commissioner, Günter Verheugen, has said that it would be up to the German government alone to decide whether to give guarantees to Opel in the event of its parent company's bankruptcy.
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Porsche chief Wendelin Wiedeking will set out a roadmap for the takeover Volkswagen at its financial press conference this week on Wednesday, and may give forecasts for the current year.
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It's not exactly a full-on illumination, but Volvo has revealed a first glimpse of the Volvo S60 Concept car which will be unveiled at the Detroit Motor Show in early January 2009, giving an indication of what the all-new Volvo S60 will look like when it's launched in 2010.
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Honda's zero-emission fuel cell supercar concept - the FC Sport design study model - has been revealed at the LA Auto Show.
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Symbols matter. The Detroit 3 CEOs got slapped around in congressional hearings last week because they forgot this first rule of politics David Sedgwick is editor of Automotive News.
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If the Detroit 3's cash and credit crises don't send the companies over the edge, a political stalemate on Capitol Hill could provide the final shove.
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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