Honda Leaves Behind 3,100 Unemployed
16 Jan 2009, 14:25 UTC · By: Madalina Iancu / Production is reduced or even stopped for a while, people are being laid off, advertising and marketing budget have become almost insignificant. These are a few examples of the desperate measures ta...
EU Pulls Up Its Socks to Help Auto Industry
16 Jan 2009, 11:25 UTC · By: Madalina Iancu / With so many governments announcing their plans to help the falling auto industry in their own country, the European Union could just not sit back and admire the view. According to drive.co...
Gov. Granholm Signs Legislation to Boost Michigan Car Batteries
16 Jan 2009, 10:26 UTC · By: Madalina Iancu / It took them a while, the subject was intensely discussed, but US lawmakers have finally signed the incentive plan for the development of advanced batteries in Michigan. According to freep.com, a...
Aixam Mega Takes Over Electric Nice Car Company
16 Jan 2009, 09:56 UTC · By: Madalina Iancu / In a world where natural resources are limited, some people think that electric vehicles will be the next generation of cars. That seems to be the opinion of electric vehicle manufacturer Aixam Mega...
Toyota Deals with Crisis, Severely Reduces Production in the US
16 Jan 2009, 09:03 UTC · By: Madalina Iancu / Weak demand in the automotive industry has already determined car makers to cut down production in a manner they haven't done before. Facing the same problem, Toyota Motor Corp has officiall...
Toyota Hydrogen Cars are Coming by 2015
16 Jan 2009, 07:10 UTC · By: Alex Oagana / After beginning to lose some of their hybrids'r'us street cred to the likes of GM and Honda, Toyota people are back on the greenie bandwagon with the announcement of selling an all-electri...
Toyota Sells Cars to Its Managers
15 Jan 2009, 15:55 UTC · By: Madalina Iancu / Since there are not enough buyers for Toyota vehicles, managers of the Japanese automaker thought of unifying their forces and buy the company cars to help it to get over the current financial crisi...
Detroit's Big Three Pull Out of this Year's Tokyo Auto Show
15 Jan 2009, 14:37 UTC · By: Alex Oagana / Confirming earlier suspicions, General Motors, Chrysler and Ford have already decided to shun this year's Tokyo Motor Show, according to a report by Automotive News. Supporting earlier rumors, ...
Russian Automaker Aiming to Buy SsangYong Rights
15 Jan 2009, 14:32 UTC · By: Bogdan Popa / Russian automaker Sollers today said it is interested in acquiring SsangYong production rights to manufacture sport utility vehicles for the domestic market. SsangYong filled for bankruptcy protecti...
Koichi Suzuki Rejoins the American Suzuki
15 Jan 2009, 13:26 UTC · By: Madalina Iancu / It looks like lately Suzuki Motor Corp has done quite a few modifications to its the management board. By placing the best persons in key positions, the Japanese car maker probably hopes to find an ...
Suzuki Kizashi's Production Version still in Talks
15 Jan 2009, 09:27 UTC · By: Alex Oagana / A regular soap opera is happening these days at Suzuki's headquarters. After the Japanese Nikkei newspaper reported that the production plans for Suzuki's Kizashi D-segment sedan were shel...
Obama and EPA to Consider State-by-State Emission Regulations
15 Jan 2009, 08:46 UTC · By: Bogdan Popa / As if the financial plunge they currently experience wasn't enough, American automakers may face a new problem that could create market chaos and increase overall costs, as they explain: Presid...
British Luxury Automakers Resort to Extreme Measures
15 Jan 2009, 08:18 UTC · By: Madalina Iancu / With the doomed financial crisis affecting the world economies, a lot of people are losing their jobs these days. The new year has just began and automakers have already announced their own extreme ...
Chrysler Denies Renault Negotiations
15 Jan 2009, 07:51 UTC · By: Bogdan Popa / American automaker Chrysler today issued a public statement denying recent reports claiming it is discussing the possibility to sell one of its brands. In short terms, Chrysler explained that it doe...
More Support for the French Automakers
14 Jan 2009, 15:51 UTC · By: Madalina Iancu / When private businesses fail, run out of money, the government takes the limelight... As we reported earlier, French auto industry is not doing good at all and, for the moment, the government is the...
Magyar Suzuki Restarts Production
14 Jan 2009, 15:33 UTC · By: Bogdan Popa / The Hungarian division of Suzuki, also known as Magyar Suzuki, restarted production yesterday after a five day temporary shut down forced by the gas restrictions imposed by local authorities. The pr...
Germany Injects 1.5 Billion Euros in the Auto Industry
14 Jan 2009, 14:01 UTC · By: Madalina Iancu / Heavily criticized for not doing much for the country's economy during the recession period, Germany's governing coalition composed of chancellor Angela Merkel's conservatives and the...
Chrysler to Sell Key Assets, Renault Denies Talks
14 Jan 2009, 11:48 UTC · By: Bogdan Popa / Although rumors surrounding a potential deal between Chrysler and Renault spread on the web since mid-2008, the French manufacturer has always denied them, saying that it has no absolutely intention...
Renault's Dacia Idles Plant for Two Weeks
14 Jan 2009, 11:28 UTC · By: Bogdan Popa / Renault's Romanian brand Dacia is again fighting against the global economic crisis with a cost-cutting measure, this time a two-week production halt that will occur between January 26 and Febr...
Ford, GM Still Looking for Volvo, Saab Buyers
14 Jan 2009, 10:14 UTC · By: Bogdan Popa / Despite the fact that Volvo and Saab sold millions of vehicles all around the world and were often regarded as two top players in the automotive industry, no one is interested in buying the two comp...