Swedish ball and roller bearing specialist, SKF, is reducing its dependence on the automotive industry, in sharp contrast to its main competitor Schaeffler, which is increasing its automotive business by acquiring Continental.
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Toyota is expected to sell 8.3m vehicles worldwide in 2008, down from 8.43m last year, an unsourced report in the Japanese business daily Nikkei said.
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General Motors is looking for a large investment from outside investors as a possible alternative to a deal with Chrysler LLC, the Financial Times reported on its Website yesterday.
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More small and mid-sized German automotive suppliers could be hit by the car sector crisis which has already triggered a wave of profit warnings and gloomy outlooks in the sector.
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Autoliv has predicted a fall in its fourth quarter and full year sales as production cuts continue to bite the North American and western European automotive markets.
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Trailers from latest game show shape of Nissan 370Z.
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Supplier Federal-Mogul Corp. saw net income drop nearly 74 percent in the third quarter as it grappled with a global automotive industry slowdown. Federal-Mogul posted net income of $3.6 million on revenue of $1.
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General Motors' German unit Opel has declined to comment on a local newspaper report it may extend production suspensions to all of its European plants for several weeks in November and December.
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General Motors' German unit Opel has declined to comment on a local newspaper report it may extend production suspensions to all of its European plants for several weeks in November and December.
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Daimler has announced that its sales in China in the first three quarters of this year surged 54% year-on-year on higher demand for the Mercedes-Benz S-Class.
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Statistics released by the China Machinery Industry Federation (CMIF) show that China produced 8.88m cars in 2007 and over 93% of those cars were fitted with Chinese-made engines.
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At the first ever Automotive Logistics conference held in Istanbul delegates admitted that investment in infrastructure is desperately needed to aid the current growth of the automotive sector.
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Renault-Nissan alliance chief Carlos Ghosn could achieve his long-held goal of acquiring a North American partner by taking a stake in Chrysler, a US newspaper reported on Wednesday.
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Car production in the UK is expected to drop in the months ahead despite a 2.4 percent rise to 142,606 units built in September. In the year to date, total vehicle production has risen 4.
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A new two-seat MINI has been announced – and it promises electrifying performance!
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Disguised new Nissan captured for first time by our spies.
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Ford of Europe is cutting production at its plants by 3 percent for the rest of this year in response to the economic crisis. The automaker is reducing line rates and laying off temporary workers at its factories across Europe.
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Nissan is proposing to buy about 20 percent of Chrysler and bring the troubled U.S. automaker into the Franco-Japanese alliance with Renault, the Detroit News reported on Wednesday.
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IG Metall, the key German auto industry trade union representing metalworkers in all industries, is threatening 'warning' strikes in the state of Baden-Württemberg in protest against the lack of progress in wage talks.
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Manganese Bronze, makers of the iconic black London taxi cab, warned Wednesday that trading in the United Kingdom continues to be impacted by the uncertain economic conditions and that demand for new vehicles in the second half of 2008 will be below...
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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
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