US Automakers to Get Closer to Collapse in 2009, Analysts Say
14 Jan 2009, 09:44 UTC · By: Bogdan Popa / The United States government provided financial assistance to them. Most Americans supported them in their race for money. But this may not be enough to rescue the three struggling American automake...
Michigan UAW Supporters Protest against Detroit 3 Wage Cut
14 Jan 2009, 09:25 UTC · By: Bogdan Popa / Despite the fact that most automakers are currently focusing on the 2009 North American Auto Show, American companies are obviously still seeking to solve their financial problems which brought them...
Ford and Navistar to End Diesel Engine Supply Deal
14 Jan 2009, 08:20 UTC · By: Bogdan Popa / Ford and Navistar today announced a new partnership between the two companies that will restructure their ongoing business relationship, meaning that both manufacturers will concentrate on their joi...
Volkswagen Is Cautious, Forecasts Decline in 2009 Production
13 Jan 2009, 14:12 UTC · By: Madalina Iancu / This year isn't expected to be an easy one for global automakers and the wisest thing they could do in order to keep themselves alive in the car market is to take cautious measures in advance. ...
Ssangyong Might Be Hit By Strike, Fears Liquidation
13 Jan 2009, 12:01 UTC · By: Madalina Iancu / Even if SAIC struggles to save Ssangyong from bankruptcy, its efforts don't seem to be enough to be appreciated by the South Korean workers. According to Reuters, Ssangyong union workers hav...
BMW Group Hopes to Keep Its US Market Share This Year
13 Jan 2009, 11:03 UTC · By: Madalina Iancu / Even if BMW Group's sales have dropped heavily in USA last year, the German car maker was “saved” by the Mini vehicles which were extremely popular in 2008 as we have already report...
GM's Bob Lutz Is Pessimistic About This Year
13 Jan 2009, 10:17 UTC · By: Madalina Iancu / Judging by the severe blow in 2008, it seems now it's really difficult to imagine good things coming from next year. Although they have just revealed their intention of building the electric...
Car Sales in Chinese Market up 6.7% in 2008
13 Jan 2009, 09:39 UTC · By: Madalina Iancu / We have been speaking these days about the sales of various automakers highlighting that 2008 wasn't the best year ever for them despite some good results from place to place. Logically spea...
GM Plans to Build Car Batteries in Michigan
13 Jan 2009, 09:04 UTC · By: Madalina Iancu / As we reported earlier, US lawmakers intend to put the brake on the supremacy of Asian car batteries and encourage the development of a large-scale production plant for the lithium-ion battery. T...