GM Praises 2008 Sales Despite North American Comedown
21 Jan 2009, 16:16 UTC · By: Bogdan Popa / Despite the fact that the company struggled to face the global recession and begged for money from the United States government, General Motors says 2008 was a pretty good year when it comes to glob...
Toyota Announces Major Production Cut in February-April
20 Jan 2009, 15:29 UTC · By: Bogdan Popa / The difficult market conditions and the economic recession that are continuously hammering sales of most carmakers is now forcing Toyota Motor Corporation to apply a new cost-cutting measure, this t...
Briatore Denies Retirement Rumors
20 Jan 2009, 08:42 UTC · By: Ovidiu Panzariu / Flavio Briatore dismissed rumors linking him to a retirement from Formula 1 at the end of 2010. The Renault boss insisted he is in for the long run and has no intention of leaving his team or the sp...
Volkswagen to Bring Polo in the US
19 Jan 2009, 15:59 UTC · By: Bogdan Popa / There's no wonder that Americans are more interested then ever in small-displacement vehicles given the high petrol prices and the massive economic downturn the US market experienced. In this c...
Chrysler Receives $1.5 Billion from the US Department of Treasury
19 Jan 2009, 15:05 UTC · By: Bogdan Popa / US-based automaker Chrysler announced on January 16 that it has received access for up to $1.5 billion in loans from the US Department of Treasury's Troubled Asset Relief Program, also known as...
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...
Chrysler Discontinues PT Cruiser
15 Jan 2009, 16:07 UTC · By: Bogdan Popa / American carmaker Chrysler today confirmed it will discontinue the PT Cruiser model and will start seeking a potential buyer for the equipment it used to manufacture this vehicle. President Tom LaSo...
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...
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...
2009 Tokyo Motor Show or no Show?...
13 Jan 2009, 15:23 UTC · By: Alex Oagana / ... is the question right now on many Japanese minds and not only. The Japan Automobile Manufacturers' Association (JAMA) is apparently reflecting on whether this year's Tokyo Motor Show s...