Toyota is Japan's Number One Brand
11 Mar 2009, 10:07 UTC · By: Daniel Patrascu / Toyota is Japan's number one brand, not in the automotive industry alone, but compared to giants from other fields, such as Sony, Toshiba or Panasonic. The second ranking brand on the Japanese ...
Opel's Fate Depends on Detroit 3
11 Mar 2009, 09:32 UTC · By: Bogdan Popa / Speaking about Opel's future and about the chances to help the German brand cope with the economic recession, German Chancellor Angela Merkel insisted state aid will only be approved after the ...
BMW is the Greenest Premium Manufacturer in Germany
11 Mar 2009, 08:47 UTC · By: Alex Oagana / The Federal Motor Transport Authority has officially calculated the fleet consumption of the BMW Group brands in 2008, and the results are more than uplifting for Bimmer fans with a green side. Appa...
Ford Produces 100,000th Hybrid SUV
10 Mar 2009, 17:13 UTC · By: Bogdan Popa / While the economic recession continuously pushes people towards environmentally-friendly and fuel-efficient models, Ford announces the production of the 100,000th hybrid SUV at the Kansas City produ...
GM Will Meet with EU on Friday the 13th
10 Mar 2009, 15:57 UTC · By: Daniel Patrascu / No superstition seems to be strong enough to keep European Commission representatives to meet with the ones of General Motors and other stakeholders this Friday. With the future of some 300,000 peop...
Audi Expects First Annual Sales Drop Since 1995
10 Mar 2009, 15:53 UTC · By: Bogdan Popa / There's no secret the economic recession smashed automakers all over the world and, even if they were often described as less-affected companies, German car manufacturers are also in trouble. T...
Marchionne: We'll Fight Like Hell
10 Mar 2009, 14:58 UTC · By: Daniel Patrascu / The economic crisis came under threat today, as Fiat CEO, Sergio Marchionne, said his company will “fight like hell” to make money this year, Autonews reported. The Italian official also...
PSA Seeks 1-1.2 Billion Euro Loan
10 Mar 2009, 14:55 UTC · By: Bogdan Popa / French group PSA Peugeot Citron is now seeking a 1 to 1.2 billion euros (approximately $1.26 billion) loan and an agreement is expected within weeks. A company spokesman close to the matter confirme...
Audi Shares Its 2008 Profits
10 Mar 2009, 14:44 UTC · By: Daniel Patrascu / Not all news are bad in the dark and bleak economy of 2008-2009. In fact, for some the crisis remains just a far away rumor, whispers of a bitter struggle on the automotive front. It is the case of ...
Opel Says It May Close German Factories After All
10 Mar 2009, 14:26 UTC · By: Bogdan Popa / Even though several officials clearly stated that Opel does not intend to close any of its production facilities, it may seem like the German brand may actually shut down some plants after all. Acco...
Mazda Europe Welcomes New President and CEO
10 Mar 2009, 11:41 UTC · By: Madalina Iancu / It's not that we don't appreciate changes but when too many of them are made, the matter becomes quite confusing. Thus, Mazda Motor Europe announces again another change in its manageme...
Massachusetts Wants Drivers to Pay More For SUV Registration
10 Mar 2009, 09:48 UTC · By: Bogdan Popa / How else could you cope with the economic recession if not by getting more money from the drivers? This is exactly the case of Massachusetts, the state of whose Governor Deval Patrick is now backing...
GM Pleased with Obama's Task Force's Visit to Michigan
10 Mar 2009, 09:08 UTC · By: Bogdan Popa / Just like we told you yesterday, Obama's Task Force formed to supervise the auto industry and bring ailing automakers on the floating line is going to test-drive Chevrolet Volt and visit GM...
BMW Certified Pre-Owned Vehicle Sales Reach All-Time High
10 Mar 2009, 08:02 UTC · By: Bogdan Popa / BMW North America announced that its Certified Pre-Owned (CPO) program in the United States reached an all-time high in 2008, attracting 16.5 percent more consumers compared to the year before. The ...
Ford Workers Approve Contract Changes
10 Mar 2009, 07:59 UTC · By: Daniel Patrascu / The only company that did not seek government help out of the Big Three has set yet another milestone in the crisis driven automotive industry. Ford Motor and its unionized workers have come to an a...
BMW Reports 24.4 Percent Drop in February 2009
9 Mar 2009, 19:12 UTC · By: Bogdan Popa / With the economic recession still forcing automakers to apply cost-cutting measures, BMW today reported a drop of 24.4 percent in February 2009 sales versus February 2008. This means the German grou...
Merkel: Opel Is Not Vital to the Economy
9 Mar 2009, 19:05 UTC · By: Daniel Patrascu / German chancellor Angela Merkel requires a better survival plan to be forwarded by Opel, but warns that even if it does so and the plan is approved, it is unlikely the aid will come in the form of c...
Audi A4 Rules Germany...
9 Mar 2009, 19:01 UTC · By: Daniel Patrascu / ... or at least ruled last year. Nevertheless, until the Audi A4 range becomes available for the UK market on March 28, the German manufacturer keeps the stakes high and announced that the A4 was th...
Volvo and Saab Should Merge, GM CEO Says
9 Mar 2009, 18:34 UTC · By: Daniel Patrascu / Bob Lutz found it useful to speak his mind at the 2009 Geneva Auto Show and advised Volvo and Saab to merge into one company, completely separate from Ford and General Motors. The advice comes not o...
White House Auto Task Force to Test Chevy Volt
9 Mar 2009, 14:32 UTC · By: Bogdan Popa / The White House task force especially formed to supervise the restructuring process of the automotive sector will test drive GM's Chevrolet Volt and will also visit Volt's production facil...