Russia's car output rose 20.1% year-on-year to 1.127m units in January-September, according to the Industry and Trade Ministry.
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General Motors shares plunged more than 30% Monday after an analyst forecast their price would fall to zero, saying that even if there is a government bailout, shareholders would not benefit.
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General Motors shares plunged more than 30% Monday after an analyst forecast their price would fall to zero, saying that even if there is a government bailout, shareholders would not benefit.
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Delphi has reported third quarter net income of $5.2bn on revenues of $4.4bn though the results included gains of $5.7bn related to the GM settlement and restructuring agreements executed in September.
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China's National Development and Reform Commission (NDRC) has told Chinese automakers to increase efforts to cooperate in developing electric cars, according to the South China Morning Post.
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As the Indian economy and auto market slows, automotive supplier companies are complaining that automakers are extending payment deadlines and that suppliers are therefore facing costly delays in getting paid.
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President-elect Barack Obama on Monday urged President Bush to support immediate emergency aid to the beleaguered US auto industry in his first meeting at the White House in Washington.
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General Motors now plans to lay off an extra 5,500 production workers following its announcement of massive third quarter losses last week.
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Toyota has begun production of its new five-passenger Versa exclusively for North America. The new crossover is made by Toyota Motor Manufacturing, Kentucky (TMMK).
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Yes, a Detroit preview already. Nissan North America has announced its NV2500 concept which makes its public debut early in January at the 2009 North American International Auto Show in Detroit.
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Romanian carmaker Dacia, owned by France's Renault, said on Monday it will stop production for about two weeks as of November 20 due to a "brutal fall of auto markets."
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2009 Chevrolet Corvette ZR1

It pulls strongly at high rpm but also has mega low-end torque. This is one world-class powerplant.The ZR1 is a high-water mark for Corvette performance that - given the macro trends in oil prices, the U.S. economy, and the fortunes of General Motors - almost certainly will never be achieved again.
Photo Gallery: 2009 Chevrolet Corvette ZR1 - Chevy Sport Coupe Review - Automobile Magazine
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Corvette Replica Wheels.
British car dealer Pendragon said on Monday it expected to report a full-year loss, before exceptional items, of 30 million pounds due to the economic downturn, but was optimistic of improved trading next year.
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Specialty car builder Saleen Automotive, the company that built the mighty GT for Ford Motor Co. and created dozens of high-performance classic Mustangs, is for sale.
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Delphi Corp. is seeking court approval that will allow the bankrupt U.S. auto parts supplier to continue to use proceeds from its $4.35 billion bankruptcy financing through the first half of 2009, beyond the year-end maturity date.
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Delphi Corp.'s operating loss narrowed to $96 million in the third quarter from a loss of $663 million a year earlier, largely because of payments received from former parent General Motors.
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Competition in the premium auto marketplace is more intense than ever, and BMW's committed to make sure their 3-Series remains on top. The best-selling model will undergo a facelift for the 2009 model year amidst various updates to bring its styling and equipment offerings to new levels.
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Canadian driver Kevin Lacroix had high hopes that his first complete season in the Atlantic series, with Walker Racing, could become a way for him to prove how talented he was and that it could help him to move up the latter to either the Indy Lights series or, even, the IndyCar championship.
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Canadians will finally have a Canadian Enduro Championship (CEC) in 2009 and beyond. A four-event, 8-race series organized by World Enduro Canada (WEC) has been created and will visit Canada next year.
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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