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10th
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Mazda says its policy of taking greater control of distribution in European markets is boosting sales. Full Story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Nov
10th
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The economic slowdown is affecting Renault's expansion of its Russian distribution network. The French carmaker has 74 dealers operating 94 retail outlets in 82 cities nationwide. Full Story...
Nov
10th
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BMW will cut its European Mini dealer network this year as it creates a separate distribution network for the small-car brand. The number of Mini dealers in Europe will drop to about 650 by year-end from 750 in 2007. Full Story...
Nov
10th
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Suzuki is betting that Indian engineering, labor and suppliers will give its new Alto a competitive advantage when it is launched in Europe's fast-growing minicar segment in early-2009. Full Story...
Nov
10th
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Maria-Elisabeth Schaeffler has a problem. Her company, the Schaeffler Group, controls more than 80 percent of Continental. Full Story...
Nov
10th
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China's biggest independent automaker, Chery Automobile, has cars on sale in Germany for the first time. Full Story...
Nov
10th
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Once a reliable source of profit for their owners, automakers' banks won't generate their usual big profits this year. That will put even more pressure on automakers' bottom lines. Full Story...
Nov
10th
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The AvtoVAZ plant here, 1,000km southeast of Moscow, is a unique mix of old and new car manufacturing. The factory's stamping, welding and final assembly buildings are like an automotive museum compared with similar facilities in the West. Full Story...
Nov
10th
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More than two years after Porsche announced plans to buy 20 percent of Volkswagen group, the sports car maker finally looks ready to take full control of Europe's largest carmaker. Full Story...
Nov
10th
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Is the auto boom over for central and eastern Europe? With the International Monetary Fund leading a 20 billion rescue deal for Hungary, auto executives and analysts fear other ex-communist countries will follow as growth slumps across the... Full Story...
Nov
10th
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Veteran Toyota sales executive Don Esmond will speak at the 33rd Automotive News World Congress in January in Detroit. Esmond, 64, is senior vice president for automotive operations at Toyota Motor Sales U.S.A. Inc. Full Story...
Nov
10th
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Joining the surge toward larger luxury coupes, Mercedes-Benz will ax the CLK after the 2010 model and replace it with a coupe and convertible based on the new E class. Full Story...
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10th
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Using the new design standard that its dealers must meet, Mercedes-Benz USA is building a $220 million, 330,000-square-foot flagship dealership in Manhattan. The store, scheduled to open in early 2011, will replace a current company-owned store. Full Story...
Nov
10th
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As BMW dealers prepare for their year-end sales event, they are getting more factory money to advertise new and certified-used vehicles. Full Story...
Nov
10th
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With the collapse of sales in the Northeast because of the Wall Street meltdown and credit crunch, Mercedes-Benz is finally feeling the pinch, says its chief U.S. executive. Full Story...
Nov
10th
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The Toyota profit machine tumbled to a rare loss in North America. Toyota Motor Corp. now expects global operating profit to plunge 73.6 percent to ¥600.0 billion, or $5.83 billion in the fiscal year ending March 31. Full Story...
Nov
10th
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With sales plummeting 35 percent in October, Chrysler LLC dealers haven't had much to celebrate lately. But they were glad to hear on Friday that General Motors had called off merger talks with Chrysler. Full Story...
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10th
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Toyota will restart Tundra production today, even though dealers aren't exactly clamoring to stock up on the full-sized pickup. With sales slumping, Toyota on Aug. 8 stopped building Tundras at San Antonio for three months. Full Story...
Nov
10th
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Auto dealers and suppliers are moving heaven and earth to adjust to an annual auto sales rate not seen in a quarter century: fewer than 11 million units. October sales plunged 31.9 percent to 838,592. The paltry 10. Full Story...
Nov
10th
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Without a federal bailout in the next three months or so, General Motors, Ford and Chrysler will face a financial collapse that could drag down suppliers, dealers and even import automakers. Full Story...