Designers are known to carp about their ideas being blunted when cars go from concept to reality. For Fisker Automotive's first production car, the plug-in hybrid Karma, that wasn't a problem.
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A US$14bn investment in fuel saving technology, including electric commercial and passenger vehicles due out by 2011, should boost Ford's overall and North American automotive business pre-tax results to at least break-even in 2011, Ford said in a submission to the US Senate Banking Committee today, ahead of a second congressional hearing starting on Thursday.
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Turkish automotive industry exports fell 37.9% year-on-year last month to $1.4bn from last year's $2.254 billion.
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Small and medium sized German car parts makers that rely on house banks for capital could collapse if they do not soon find access to financing, executives in the automotive industry are saying.
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Automotive News and the Association of Finance and#38; Insurance Professionals are hosting a two-day conference May 6 and 7 and#x2014; and delivering it to your computer.
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Tim Sunburg could see that things were coming undone at Denny Hecker Automotive Group back in mid-October. Sunburg, a service adviser at Hecker's Ford dealership in Monticello, Minn.
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Turkish automotive market sales are expected to shrink 20 percent next year in response to the global financial crisis and economic slowdown, the head of a Turkish automotive association said on Friday.
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Chery Auto is planning several automotive brands including a low-end brand called 'Karry' for low-cost utility vehicles that can also be used for light commercial vehicle applications.
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The UK's auto industry trade association is today meeting the secretary of state for business, Lord Peter 'Mandy' Mandelson, to ask for urgent financial aid for the UK's automotive industry.
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Europe's carmakers have welcomed the economic recovery plan presented today by the European Commission. They said it is a welcome first step towards addressing the consequences of the financial crisis, aimed at preventing a prolonged slump in the EU economy and supporting - amongst others - the automotive industry.
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New vehicle sales in Malaysia fell by 12.6% year-on-year in October to 37,512 units compared with 42,915 units a year earlier, according to data released by the Malaysian Automotive Association (MAA). This is the lowest level so far this year after 20% growth in the first nine months of the year.
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For the first time, two Chinese automakers will have main floor exhibit space at Cobo Center for the 2009 Detroit auto show. Chinese automakers BYD Auto Co. and Brilliance Jinbei Automotive Co. will occupy about 11,000 square feet on the main floor.
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Joe Greenwell, a former head of Jaguar Land Rover, will be the new president of the UK's automotive lobbying group. Greenwell said he will work hard to protect the automotive industry during its current difficulties.
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It all started with a surprise announcement. On September 24, 2005, Porsche said it planned to buy a 20 percent stake in Volkswagen, Europe's largest automotive group.
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A parade of the Detroit 3's best vehicles may escort automaker executives to Washington for their next round of hearings for emergency federal aid. Tim Leuliette, CEO of suburban Detroit supplier Dura Automotive Systems Inc.
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Symbols matter. The Detroit 3 CEOs got slapped around in congressional hearings last week because they forgot this first rule of politics David Sedgwick is editor of Automotive News.
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Executives of Fisker Automotive Inc. said today that they will buy from General Motors a powerful gasoline engine for their plug-in hybrid luxury sedan, due next year in North America.
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The design entry from Mazda R&D of North America has been chosen as the winner of the Los Angeles Auto Show's 2008 Design Challenge. This year's theme, Motor Sports 2025, asked nine of Southern California's automotive design studios to form their vision of the future by depicting a motor sports vehicle that predicts how auto racing will change by the year 2025
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