More Than 4,800 Renault Workers Voluntarily Quit Their Jobs
5 May 2009, 09:58 UTC · By: Bogdan Popa / Renault's voluntary departure project is showing the first positive results as approximately 4,800 employees have agreed to quit their jobs from the beginning of the campaign. According to the ...
GM Sets New Sales Record in China
5 May 2009, 07:23 UTC · By: Bogdan Popa / We already knew that China is going to become one of the largest car markets for most manufacturers around the world but it seems like General Motors is particularly focusing on this region nowadays...
Fiat: We'll Keep Opel Plants, But Cut Staff
5 May 2009, 07:14 UTC · By: Daniel Patrascu / Fiat is getting closer and closer to their second objective in this spring offensive. After the Chrysler deal came through, we will find out sometimes in the following days whether Opel will become ...
Chrysler Gets Loan Approval, Lenders Get Death Threats
5 May 2009, 07:13 UTC · By: Daniel Patrascu / Chrysler has made an important step under bankruptcy protection as it received the court's approval to access a $4.5 billion loan to help it ease up the pressure. The good news followed yesterd...
GM Confirms Offers to Sell Saturn
4 May 2009, 15:20 UTC · By: Bogdan Popa / Although Saturn's future has often been put in doubt, General Motors every once in a while confirmed its intentions to sell Saturn, mentioning with every single occasion that some parties are i...
Fiat after Chrysler Deal: Now We Want Opel
4 May 2009, 14:39 UTC · By: Bogdan Popa / Only a rumor, huh? At least this what Luca di Montezemolo said some time ago when asked by the media whether Fiat is indeed interested in buying the German ailing brand Opel. Well, it appears that t...
Toyota US Hit by 41.9% Decrease
4 May 2009, 12:40 UTC · By: Tudor Raiciu / Toyota posted Friday a decrease of 41.9 percent compared to April, 2008, with total sales amounting to 126,540 vehicles. As a result of this “glowing performance”, Ford managed to outsel...
The Porsche Wars: Porsche Vs Piech
4 May 2009, 12:02 UTC · By: Daniel Patrascu / Strange reports surfaced over the weekend, stating that the German luxury sports car manufacturer Porsche will be sold to Volkswagen, as part of an attempt to cut the debt of both the Piech and Pors...
Ford Suffers 31% Sales Decline in April, Still Beats Toyota
4 May 2009, 10:29 UTC · By: Tudor Raiciu / Ford might not be doing great in terms of sales, but they sure do know how to make it look that way. The company recently issued a press release on their financial situation for April 2009 from whi...
GM Supports Obama in Chrysler Bankruptcy Saga
4 May 2009, 10:16 UTC · By: Bogdan Popa / General Motors is fully confident that President Obama's decision to send Chrysler into Chapter 11 will help the American auto industry, the company said in a statement for the press, emphasizi...
Chrysler's Denial Stage, Powered by BBDO
4 May 2009, 09:55 UTC · By: Daniel Patrascu / Who says that when under bankruptcy, you should not advertise your business? So what if it failed miserably and it required a foreign hand to step in and pull it from the abyss (apart from the billi...
GM's Four Core Brands See Sales Increase in April
4 May 2009, 09:41 UTC · By: Bogdan Popa / Although the company recorded a 34 percent over the same period last year, General Motors today praised the April 2009 sales, emphasizing that each of its four core brands - Chevrolet, Cadillac, GMC...
Ford: Chrysler's Bankruptcy Does Not Affect Us
4 May 2009, 08:45 UTC · By: Bogdan Popa / Following the official announcement that Chrysler is filing for bankruptcy in the United States, Ford quickly came out to calm down its employees and clearly state that such an important move does n...
Derek Jenkins, the New Mazda US Design Chief
4 May 2009, 08:51 UTC · By: Daniel Patrascu / Japanese manufacturer Mazda is continuing its reorganisation, as part of a broader plan to tackle the economic crisis. Following the personnel changes announced in the beginning of April, Mazda anno...
BMW Group US Sales Went Down 38.4% in April
4 May 2009, 08:44 UTC · By: Tudor Raiciu / Decline is the word of the day for BMW Group's US division, as the company has posted the financial results for April 2009. Both BMW and MINI brands have recorded quite disappointing figures th...
Audi Predicts Strong Growth for US Imported Luxury Market
4 May 2009, 07:48 UTC · By: Bogdan Popa / Even if the United States is currently living within one of the most difficult financial period in its history - we're particularly talking about the auto sector -, the "brand with the fou...
UK Power-Grid: Bring on the Hybrids and EVs
4 May 2009, 08:46 UTC · By: Daniel Patrascu / Following the announcement of the ingenious scrappage incentive of the UK government, which stated that a 5,000 pounds bonus will be given to those who purchase a hybrid or EV vehicle, question aros...
The New Fiat: Sky Is No Limit
4 May 2009, 07:18 UTC · By: Daniel Patrascu / Italian manufacturer Fiat is now living in what may be very well considered its best years. The company is engaged in an all out offensive of purchase, alliances and reorganizing, processes which wi...
After Nardelli, LaSorda Leaves Chrysler Too
3 May 2009, 16:03 UTC · By: Bogdan Popa / Chrysler is surely experiencing the largest restructuring plan it could get and, after the company’s CEO Robert Nardelli announced he will leave the company, another key official confirms his ...
Michigan Dealer Confirms Offer for Pontiac, GM Promptly Says No
3 May 2009, 14:41 UTC · By: Bogdan Popa / Here you have it: an interested Pontiac dealer, namely Waldron Pontiac, is making an offer for GM’s brand – which is actually going to be phased out by the end of 2010 – but the Am...