Oct
27th
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Mahindra & Mahindra has reiterated it was not interested in General Motors' Hummer brand. Read more ...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Oct
27th
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Porsche plans to own 75% of the shares in Volkswagen in 2009 "paving the way to a domination agreement" according to a company statement. Read more ...
Oct
27th
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Automaker GAZ Group is planning production and staff cuts and expecting reduced profits. Read more ...
Oct
27th
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Daimler has signed an EUR800m deal with the Hungarian government to construct a Mercedes-Benz small car plant in Kecskemét. Read more ...
Oct
27th
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British automotive and aircraft engineering company GKN said it would cut more than 5 percent of its staff and close plants as turbulence in the automotive sector deepens. Read more ...
Oct
27th
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FAW Car Co is to boost production of its sedan cars with a US$345m investment in its production facilities. The new factory will bosst annual production to 200,000 units, the company said in a statement. Read more ...
Oct
27th
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General Motors reportedly has asked the US Treasury Department for financial aid to help complete a merger with Cerberus Capital Management. Read more ...
Oct
27th
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Sichuan FAW Toyota Motor (SFTM) - a joint vehicle production company with China FAW Group Corporation (FAW) in China's Sichuan Province - held a groundbreaking ceremony on Monday for its new plant in Changchun City, Jilin Province. Read more ...
Oct
27th
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Mazda's global production rose both last month and for the year to the end of September. Read more ...
Oct
27th
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Mitsubishi Motors and trading house Mitsubishi Corporation are to set up a Chinese joint venture to import and sell vehicles. Read more ...
Oct
27th
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Toyota production in Japan fell 3.5% year on year to 347,639 units last month. Total group production including Daihatsu and Hino fell 1.9% to 426,276. Read more ...
Oct
27th
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Mitsubishi Motors (MMC) is to cut production at its factories in Japan by up to 100,000 units in five months from November due to slow sales. Read more ...
Oct
27th
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Both BMW and Daimler are to idle factories in Germany due to slumping global demand. Read more ...
Oct
27th
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Daimler will go ahead with an 800 million euro investment to build a manufacturing plant in Hungary, despite the global financial crisis, the German carmaker said on Monday. Read more ...
Oct
27th
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Daimler will go ahead with an 800 million euro investment to build a manufacturing plant in Hungary, despite the global financial crisis, the German carmaker said on Monday. Read more ...
Oct
27th
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Porsche plans to gain control of more than 75 percent of Volkswagen in order to pass a domination and profit transfer agreement that would grant it full control of VW's cash flows, Porsche said on Sunday. Read more ...
Oct
27th
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Back in the day, there were two kinds of American car guys. In one camp were the Chevy men; in the other, Ford disciples. The two segments were large, and largely immiscible. Read more ...
Oct
27th
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General Motors Acceptance Corporation (GMAC) is scaling back its Australian and New Zealand operations with the loss of 185 jobs. Read more ...
Oct
27th
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Michigan dealership group Serra Automotive Inc. has entered bids to buy Bill Heard Enterprises Inc.'s two Chevrolet dealerships in Las Vegas. But the bids are just that -- bids. Read more ...
Oct
27th
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The broadening global financial crisis has forced Fiat Group Automobiles to postpone two targets it had set two years ago for 2010: returning the Alfa Romeo brand to the United States and selling 300,000 units a year in China. Read more ...