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Stories about: crisis

Renault's Future, Brighter from 2010 Onwards
Renault's Future, Brighter from 2010 Onwards

14 Sep 2009, 14:58 UTC · By: Daniel Patrascu / Joining the general consensus in the automotive industry, French manufacturer Renault says it will begin to see improvement in its finances starting with 2010. According to company's COO, Patri...

 
The Dark Side of CARS
The Dark Side of CARS

7 Aug 2009, 09:34 UTC · By: Daniel Patrascu / The recently approved refunding of the Car Allowance Rebate System (CARS) has raised concerns among those who believe that the effects of the program, although undoubtedly profitable, will be perha...

 
Saved: CARS Lives On
Saved: CARS Lives On

7 Aug 2009, 06:39 UTC · By: Daniel Patrascu / After a very uneasy week, the US Senate approved the $2 billion extension for the Car Allowance Rebate System (CARS), until now in danger of being discontinued due to the lack of funds. The new fund...

 
Canadian Market Grows Thanks to Solid Truck Sales
Canadian Market Grows Thanks to Solid Truck Sales

16 Jul 2009, 14:20 UTC · By: Alexandru Radu Chis / Due to increased truck sales, Canada reported a 1% rise in the number of motor vehicles sold in May to 121,348 units. However after a successful May, according to statistics gathered from preliminar...

 
Audi Reports June Sales Increase
Audi Reports June Sales Increase

8 Jul 2009, 14:29 UTC · By: Daniel Patrascu / German manufacturer Audi has become the first big automotive player to post sales increase for June, in a time when most of the industry's companies are experiencing a rebound from the crisis. ...

 
FOTA Want Mosley Out, or else No FIA Deal
FOTA Want Mosley Out, or else No FIA Deal

23 Jun 2009, 08:59 UTC · By: Ovidiu Panzariu / Formula One teams seem to have prepared very carefully for the following stages of the political crisis. Following the immense support from racing fans worldwide and the planning of a potential brea...

 
MINI US Expands Dealership Network
MINI US Expands Dealership Network

23 Jun 2009, 08:10 UTC · By: Daniel Patrascu / Signs of recovery can now be seen all over the automotive industry. Whereas some manufacturers and markets still struggle with the negative figures, overall, the outlook is not as grim as was a few ...

 
FIA Not Surprised of Breakaway Series
FIA Not Surprised of Breakaway Series

19 Jun 2009, 08:07 UTC · By: Ovidiu Panzariu / The International Automobile Federation (FIA) confirmed that it has not reached an agreement with the Formula One Teams Association (FOTA) regarding the rules for 2010. Although this was quite obvio...

 
Germany Leads Battery Market
Germany Leads Battery Market

5 Jun 2009, 10:12 UTC · By: Daniel Patrascu / Even if the economic crisis has put a serious dent in the automotive industry as a whole, some areas of this field bloom. Or maybe just because of the economic crisis shattering the industry the aut...

 
German Car Sales Up 40 Percent in May...
German Car Sales Up 40 Percent in May...

3 Jun 2009, 12:18 UTC · By: Daniel Patrascu / ...and this is how it should be done. In a time when we got used to reporting negative figures for all manufacturers, Germany as a whole comes back with a vengeance and proves that with well placed ...

 
Alonso Threatens to Quit F1 If Breakaway Happens
Alonso Threatens to Quit F1 If Breakaway Happens

21 May 2009, 06:30 UTC · By: Ovidiu Panzariu / The prospect of seeing no less than 7 top teams quit the sport at the end of the year has made plenty of drivers consider the possibility of joining other racing series. The Formula One crisis deepe...

 
BMW Will Stand Alone
BMW Will Stand Alone

8 May 2009, 07:30 UTC · By: Daniel Patrascu / BMW has no plans to merge, or sell, or borrow, as Friedrich Eichiner, BMW CFO told The New York Times in an interview. In this new automotive frenzy, where Fiat joins with Chrysler and GM, where GM ...

 
2010 BMW 5 Series GT to Be Released This Year
2010 BMW 5 Series GT to Be Released This Year

6 May 2009, 10:06 UTC · By: Daniel Patrascu / Intentionally or not, German manufacturer BMW has confirmed in a release of the group's financial results for the first quarter of 2009, the fate of some of their future models. Particularly, w...

 
Skoda Posted 28.2 Million Euro Q1 Profit
Skoda Posted 28.2 Million Euro Q1 Profit

30 Apr 2009, 09:49 UTC · By: Daniel Patrascu / The bad economic conditions have not been a deterrent for Czech manufacturer Skoda. The company has posted its financial result for the first quarter of 2009 and things don't look as bad as som...

 
US Car Sales, the Worst in 30 Years, but It's All Stable
US Car Sales, the Worst in 30 Years, but It's All Stable

24 Apr 2009, 10:08 UTC · By: Tudor Raiciu / While communist China celebrates brilliant production figures and record sales, capitalist US looks at its car industry and you can almost see a tear slowly making its way around the pores of a worn...

 
The Anti-Democracy Truck or How to Benefit from the Crisis
The Anti-Democracy Truck or How to Benefit from the Crisis

23 Apr 2009, 12:52 UTC · By: Tudor Raiciu / Crises lead to protests and protests can sometimes lead to riots or even small revolutions. Protests and riots have to be quelled by the authorities, be them democratic or communist. This is where s...

 
Heuliez Enters Creditor Protection
Heuliez Enters Creditor Protection

15 Apr 2009, 15:45 UTC · By: Daniel Patrascu / As we reported a week ago, French coachbuilder Heuliez was awaiting yesterday a court hearing to decide its faith. The hearing took place and, as of now, Heuliez is under creditor protection for the...

 
Ford Otosan Freezes Production. Again...
Ford Otosan Freezes Production. Again...

15 Apr 2009, 14:29 UTC · By: Daniel Patrascu / Ford Otosan (Otomobil Sanayi), one of the most battered players on the automotive market, announced once again it will stop production between April 20th and April 25th, due to the same low demand c...

 
Toyota Recalls Yoshi Inaba from Retirement
Toyota Recalls Yoshi Inaba from Retirement

10 Apr 2009, 14:28 UTC · By: Daniel Patrascu / Toyota's poor performance in terms of sales in the US has forced the company's top management to call Yoshi Inaba back from retirement to help the Japanese manufacturer make a comeback on ...

 
China's Record Sales March
China's Record Sales March

9 Apr 2009, 13:37 UTC · By: Daniel Patrascu / When automotive industry experts, along with veteran manufacturers say that the Chinese market is the only one that moves ahead, despite the downward spiraling economy, they are not mistaking. The C...