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The FIAs World Motorsports council met in Paris this morning and has changed a few things for 2009.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Nov
5th
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The FIAs World Motorsports council met in Paris this morning and has changed a few things for 2009.
Nov
5th
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General Motors will announce "important changes" to its operations in response to the "volatile global economic situation" when it reports third-quarter results on Friday, the automaker said in a note to staff today.
Nov
5th
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General Motors will announce "important changes" to its operations in response to the "volatile global economic situation" when it reports third-quarter results on Friday, the automaker said in a note to staff on today.
Nov
5th
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GMAC Financial Services' net loss grew to $2.5 billion in the third quarter from a net loss of $1.6 billion in the year-ago quarter.
Nov
5th
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Top Democratic lawmakers want to include a second $25 billion loan package for the auto industry in an economic stimulus bill that Congress will consider by year end, a source familiar with the discussions said today.
Nov
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Surprisingly, it's been nearly two decades since the last major advance in battery technology - the commercialization of the lithium-ion cell.
Surprisingly, it's been nearly two decades since the last major advance in battery technology - the commercialization of the lithium-ion cell. This battery type remains the industry's standard for pure electric vehicles because it can deliver more power over a longer period of time at a lower cost than any competitive technology.
Photo Gallery: New Battery Technology Coming - Fuel Efficient News, Car Features and Reviews - Automobile Magazine
Nov
5th
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Toyota subsidiary Daihatsu has announced its group net profit for the April-September period surged 35.6% to 17.14 billion yen.
Nov
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Volkswagen won't decide until next year if there will be closer cooperation among Scania, MAN and its own truck-making operations, its CEO has said.
Nov
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Daimler is offering voluntary redundancies for the first time in the US.
Nov
5th
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Nearly 3 million Americans would lose their jobs in one year if the Detroit 3 eliminated their U.S. operations, a Center for Automotive Research study says. The report projected the toll on the U.S. economy if General Motors, Ford Motor Co.
Nov
5th
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Hyundai has unveiled details of its latest diesel powerplant, the R-Engine. Available in two and 2.2-litre versions, the new engine is Euro V emissions-compliant and therefore ideal for the European market.
Nov
5th
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In contrast to the admittedly much smaller but over-subscribed Jaguar Land Rover voluntary redundancies reported by just-auto today, former owner Ford is having problems persuading US workers to leave.
Nov
5th
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Even before President-elect Barack Obama is inaugurated in January, this week's election could help automakers that seek federal aid survive the recession. Obama has said he wants to meet before his inauguration with the Detroit 3's CEOs.
Nov
5th
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GMAC Financial Services, which last month pulled out of retail auto financing in Australia and New Zealand and seven European markets, and scaled back operations in the US and elsewhere in Europe, on Wednesday posted a 2008 third quarter net loss of $2.5bn, compared to a net loss of $1.6bn a year ago.
Nov
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It's a grim thought but, on average, someone dies every minute somewhere in the world as a result of a traffic accident
Nov
5th
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General Motors this morning wasted no time in reminding President-elect Barack Obama that he promised to help the auto industry.
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5th
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Japan's vehicle sales - excluding 660cc kei class vehicles - fell 13.1% in October to 233,922 units according to date released by the Japan Automobile Dealers Association (JADA).
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Toyota and Hyundai are to make significant new investments in Turkey according to a Turkish media report.
Nov
5th
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Bridgestone, hit by rising raw material costs and the economic slowdown, has reported a 40% fall in net profit for its first nine months.