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Industry

The Porsche Wars: Piech's First Strike
The Porsche Wars: Piech's First Strike

12 May 2009, 10:35 UTC · By: Daniel Patrascu / One of the most interesting developments in the automotive industry, the future Porsche-Volkswagen joint company, keeps to the track, hidden behind the glamorous moves Fiat is taking in the industry...

 
Renault Says It Might Close Valladolid Plant without State Funds
Renault Says It Might Close Valladolid Plant without State Funds

12 May 2009, 10:40 UTC · By: Bogdan Popa / Renault has always been open to talks with government officials - check out Carlos Ghosn's statements on the matter - but the French manufacturer is now planning to build up the pressure on the...

 
Opel Buyer to Be Announced by the End of May
Opel Buyer to Be Announced by the End of May

12 May 2009, 09:25 UTC · By: Bogdan Popa / The Opel odyssey is slowly but surely coming to an end. And this end might take place as soon as the end of May, according to Fritz Henderson, the newly-appointed General Motors CEO. During a new co...

 
Mazda Reports $734M Net Loss in 2008
Mazda Reports $734M Net Loss in 2008

12 May 2009, 08:40 UTC · By: Bogdan Popa / Operating losses and reduced sales shouldn't surprise anybody nowadays, especially given the avalanche of reports surrounding the economic chaos and its victims. Mazda for instance today announ...

 
Updated: Lutz, Stephens, Forster Jump Ship
Updated: Lutz, Stephens, Forster Jump Ship

12 May 2009, 08:08 UTC · By: Daniel Patrascu / Don't get over excited by the title of this piece. If you work for GM, "GM Execs Jump Ship" doesn't stand for "you'll get rid of them because they quit". It's...

 
Think Gets Pan European EV Homologation
Think Gets Pan European EV Homologation

12 May 2009, 07:13 UTC · By: Daniel Patrascu / If you were watching the development of the Think odyssey, you know by now that the Norway-produced Think City Car electric vehicle is surely getting a grip on the European market. If you are not su...

 
GM, Knockin' on Bankruptcy's Door
GM, Knockin' on Bankruptcy's Door

12 May 2009, 07:10 UTC · By: Daniel Patrascu / The future of GM seems to no longer be so unforeseeable as it was one month ago. In fact, the only thing which can surprise is GM not filing for protection. This is even obvious for the company'...

 
Honda Insight Hybrid Tops Japan Sales
Honda Insight Hybrid Tops Japan Sales

11 May 2009, 14:37 UTC · By: Bogdan Popa / Hybrid sales have adopted a continuously ascending trend ever since the beginning of the crisis and are now even exceeding passenger car sales in certain regions of the world. Such an example is Jap...

 
Chevrolet Drives Forward GM's Sales
Chevrolet Drives Forward GM's Sales

11 May 2009, 14:18 UTC · By: Bogdan Popa / Chevrolet is indeed a core brand for the American car giant and continues to drive the company's total sales forward in every single market. In the UK for example, Chevrolet's sales grew u...

 
Autoevolution Users Are Not Thrilled with Norway's Gas Ban
Autoevolution Users Are Not Thrilled with Norway's Gas Ban

11 May 2009, 11:02 UTC · By: Tudor Raiciu / Upon hearing reports that Norway might ban gas vehicles we set to find out what are the users' opinion on the matter, so we used our weekly poll in search of the truth. In case you missed i...

 
Nardelli Says "My Bad' for Trenton/Kenosha Mistake
Nardelli Says "My Bad' for Trenton/Kenosha Mistake

11 May 2009, 12:15 UTC · By: Daniel Patrascu / As the old latin saying goes, "erare humanum est" which means not even CEOs are excepted. The only difference is that when one of them gets it wrong, as Chrysler's CEO did, the conseq...

 
PSA Not Afraid of Possible Fiat-Opel Alliance
PSA Not Afraid of Possible Fiat-Opel Alliance

11 May 2009, 10:52 UTC · By: Bogdan Popa / A potential merger between Fiat and Opel doesn't scare the PSA Peugeot Citroen group that might become the main rival in Europe, a PSA board director said. According to a report by La Repubblic...

 
GM to Make Supplier Payments Five Days Sooner
GM to Make Supplier Payments Five Days Sooner

11 May 2009, 10:19 UTC · By: Bogdan Popa / General Motors will make monthly payments to suppliers five days earlier this month, the American automaker mentioned in a letter sent a few days ago. The reason? The company is taking action "...

 
Chevrolet Has a Bright Future, Says GM's CEO
Chevrolet Has a Bright Future, Says GM's CEO

11 May 2009, 10:17 UTC · By: Bogdan Popa / With the economic turmoil rather keeping the industry under pressure, General Motors' newly-appointed chief executive Fritz Henderson says Chevrolet will become a very competitive brand in the ...

 
GM Will Get a Hand to Go into Bankruptcy
GM Will Get a Hand to Go into Bankruptcy

10 May 2009, 15:23 UTC · By: Daniel Patrascu / As was the case with Chrysler, GM seems to have no other way out of its predicament than filing for protection. All of those involved are aware of this and, as was to be expected, the US government ...

 
Germany Braces for GM Bankruptcy
Germany Braces for GM Bankruptcy

10 May 2009, 13:07 UTC · By: Daniel Patrascu / With talk of the possible future owner of the German brand continuously intensifying, the German government has to take into account a possible filing for bankruptcy of Opel’s current mother c...

 
Chevy Volt Still Alive Despite Chapter 11 Threats
Chevy Volt Still Alive Despite Chapter 11 Threats

10 May 2009, 08:48 UTC · By: Bogdan Popa / General Motors is still keen on developing the over-discussed Chevrolet Volt plug-in hybrid and the company should enter production, as scheduled, in 2010. This is what Tom Stephens, the automaker&#...

 
GM Drives Passenger Car Production Overseas
GM Drives Passenger Car Production Overseas

10 May 2009, 08:45 UTC · By: Bogdan Popa / There's no wonder that automakers around the world are seeking ways to reduce costs in every single area but, in GM's case, things are evolving in desperate way. As if the so-many cost-cut...

 
Daimler Doesn't Want BMW to Stand Alone
Daimler Doesn't Want BMW to Stand Alone

8 May 2009, 16:05 UTC · By: Daniel Patrascu / In an earlier report today we brought you the thoughts of Friedrich Eichiner, BMW CFO who, speaking on the subject of today's developments in the automotive industries said that BMW is better o...

 
Toyota Predicts Huge Loss in 2009
Toyota Predicts Huge Loss in 2009

8 May 2009, 15:43 UTC · By: Daniel Patrascu / Toyota, the world's largest manufacturer, has revised its financial expectations for the current year and now braces for a $8.6 billion loss, coming from about 1 million less vehicles than init...