Buick Bets on Mid-Size Segment
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Similar to its parent company, the General Motors Buick division is experiencing tough times during the global recession, with sales going down for most models. However, Buick plans to pay more atte...
Jaguar Land Rover Screams for Help, Tata Brings Tens of Millions
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Tata Motors recently announced that it has agreed to help its UK brand Jaguar Land Rover with financial support, but refused to indicate whether the money is going to be used for new models or for i...
Honda North American Production Drops by 119,000 Units
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Still struggling to remain on the floating line and minimize loses caused by the global economic recession, Japanese carmaker Honda today announced a new production cut for the North American market...
Fiat-PSA Considering Major Tie-up
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Since the financial recession is far from being over, global automakers turn to desperate moves in order to survive in the automotive industry without slashing production and firing employees. Follo...
GM and Tiger Woods Partnership Over
21 Nov 2012, 14:06 UTC · By: Madalina Iancu / Rumors have now been confirmed for the skeptic ones. General Motors has made it clear: by the end of December 31, 2008, their nine year partnership with Tiger Woods will be concluded. Yes, it'...
Infiniti, Murano Production Cut by Nissan
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Most news reports which came out in the last few days were somehow related to the global economic crisis, regardless if they announced job cuts, lowered productions or other markets moves meant to m...
GM Ceases Flights
21 Nov 2012, 14:06 UTC · By: Alex Tudorache / General Motors has made new wishes for the new year and one of these cravings is becoming more responsible with their money when it comes to high class traveling. GM decided that “due to signi...
Continental Counteracts the Global Recession
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Continental is one of the first suppliers in the automotive industry that counteracts the financial crisis, with the company's officials today confirming that the Blythewood, S.C. Plant is due ...
Fiat to Suspend 14 Production Plants
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although it initially seemed like European manufacturers are less affected by the economic crisis, recent news reported that major companies such as Volvo, Volkswagen and Saab started experiencing v...
Small Cars Are the Future, Ford Thinks
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / While there's no secret that Ford has seen its sales collapsing in the last period, the members of the board are constantly having meetings to come up with solutions. Obviously, there were diff...
Global Economic Crisis Smashes China, Delays New Car Launches
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / The global economic crisis continues its killing spree in the automotive industries and travels to China to meet one of the largest auto markets in the world. In fact, the economic crisis has alread...
Chrysler Asks Citizens to Beg for Money
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / US-based automakers have joined forces for what seems to be the only way to help them get out of the global economic crisis: a large alliance continuously asking employees and US citizens in general...
SEAT Removes 330 Jobs in Spain
14 Jan 2010, 10:54 UTC · By: Bogdan Popa / Unfortunately for all those involved in the auto industry, the economic environment continues to remain extremely unstable and every single drop in demand leads to significant measures in this parti...
VW: South Africa Is on the Verge of Collapse
9 Oct 2009, 10:40 UTC · By: Bogdan Popa / South Africa is undoubtedly a ruined auto industry, especially if taking into account the consequences of the economic recession. In order for the local auto sector to stay alive, the country has to...
Ford Ready for New Cost Cutting Measures
17 Sep 2009, 09:02 UTC · By: Bogdan Popa / Ford is the only member of the Detroit 3 group that hasn't asked for financial support from the United States and the company says the first signs of recovery are already appearing. Obviously, ...
AvtoVAZ to Cut 5,000 Jobs
11 Sep 2009, 14:57 UTC · By: Bogdan Popa / The collapse the Russian auto sector is experiencing is getting more serious by the day and automakers selling cars in the country are forced to impose the same cost-cutting measures we've seen...
Turkish Market to Drop 20 Percent in 2010...
8 Sep 2009, 07:14 UTC · By: Bogdan Popa / ... or at least this is what Oyak Cement and Automotive Companies Chairman Celal Caglar expects to happen. Oyak Group is holding a partnership with French manufacturer Renault and competes against o...
Holden to Cut 200 Jobs
26 Aug 2009, 08:55 UTC · By: Bogdan Popa / The economic environment is still difficult for GM's Australian carmaker Holden who recently confirmed that it will cut approximately 200 jobs, most of them currently at the Melbourne headquart...
Chrysler PT Cruiser Saved from Death
2 Aug 2009, 08:56 UTC · By: Bogdan Popa / If you’re one of those guys who don’t believe in miracles, you should change your mind because one has just happened. Chrysler announced it won’t kill the PT Cruiser after all so p...
Kamaz Stops Truck Production in August
31 Jul 2009, 07:45 UTC · By: Bogdan Popa / Russian automakers, together with carmakers selling cars in the country, are encountering much more problems than companies who are marketing their models in the rest of the Europe and the situation...