GM Canada Restructuring Plan Detailed
2 Jun 2009, 07:57 UTC · By: Bogdan Popa / Even if the General Motors' destiny in the United States has already been decided, people are still wondering what would be the course of action in other large markets such as Canada. Well, the...
GM's Bankruptcy Could Affect Japanese Industry
1 Jun 2009, 13:27 UTC · By: Bogdan Popa / General Motors' bankruptcy is surely a major thing and, as we said earlier this day, it would become the third largest bankruptcy filing in US history and the largest in the auto sector. Since ...
Holden to Survive Despite GM's US Bankruptcy
1 Jun 2009, 10:22 UTC · By: Bogdan Popa / GM's Australian division Holden is still on the safe side, government officials were quoted as saying, despite the American manufacturer is getting ready to step under Chapter 11 in the domesti...
Rolls-Royce Eyes Triple Sales Next Year
29 May 2009, 09:51 UTC · By: Bogdan Popa / The economic turmoil has surely destroyed lots of automakers - General Motors and Chrysler are the two most obvious examples - but Rolls Royce is one lucky company that stays out of trouble. Wonderi...
Belgium to Help Volvo Stay on Its Feet
28 May 2009, 10:15 UTC · By: Bogdan Popa / While Volvo is still encountering difficulties when trying to receive financial support in its native country, the car manufacturer is about to snatch around 300 million euros ($418 million) in Belg...
One in Five Cars to Be a Hybrid by 2020
28 May 2009, 09:47 UTC · By: Bogdan Popa / At least, this is what the auto analysts over at JPMorgan predicted. According to a recent study they rolled out, the global market for hybrid vehicles is going to explode in the next few years, as ...
Infiniti Europe Hires New Sales Director
28 May 2009, 09:44 UTC · By: Bogdan Popa / Some people say that fighting against the recession should be done by laying the axe to the root and appoint new staff that could do better than their predecessors. Although it has often made the he...
Organizers Promise Great Show at 2010 NAIAS
28 May 2009, 09:12 UTC · By: Bogdan Popa / While the automotive industry is still under strong pressure of the economic recession, organizers promise a great show between January 11 - 24, 2010 at Detroit's Cobo Center, the location of t...
GM to Save 2 Plants Sentenced to Death
27 May 2009, 10:31 UTC · By: Bogdan Popa / Following the agreement General Motors has reached with the United Auto Workers (UAW), the American automaker will save two factories targeted for closure. According to the terms of the agreement, G...
Audi to Pay 157 Million Euros in Workers Profit-Sharing Bonus
26 May 2009, 08:43 UTC · By: Bogdan Popa / Despite the fact that the automotive industry is currently experiencing one of the most radical shakedowns in its history, a few companies still recorded profits last year. Audi for example confirme...
T300, GM's Next-Gen Small Car, Delayed until January 2011
25 May 2009, 12:22 UTC · By: Bogdan Popa / Things are getting worse for General Motors and not only in the United States where it faces the imminent bankruptcy filing. According to a report by Reuters, GM Daewoo, the Korean subsidiary of the...
SsangYong Allowed to Continue Restructuring Plans
25 May 2009, 10:45 UTC · By: Bogdan Popa / The South Korean manufacturer SsangYong who filed for bankruptcy in February is now allowed to proceed with its restructuring plan and struggle to stay alive. The news comes after a South Korean cou...
The 2010 British Motor Show Might Take Place After All
25 May 2009, 09:50 UTC · By: Bogdan Popa / Good news for car enthusiasts living in the United Kingdom: the 2010 British Motor Show might take place after all thanks to a millionaire Darren Richards who wants to revive the show. According to ...
US Gives GM Another $4 Billion Loan
25 May 2009, 08:30 UTC · By: Bogdan Popa / With a bankruptcy filing rumored to be announced as soon as this week, General Motors confirmed it received another $4 billion from the US Treasury, which raises the total loan it received in the Un...
Porsche Denies It Has Requested Government Funds
22 May 2009, 12:39 UTC · By: Bogdan Popa / German sports car manufacturer Porsche says it hasn't applied for government funds in the home country, despite a report claiming an application was already rejected by the officials. The news ...
Saab Confirms It Has Picked Out 3 Investors
20 May 2009, 07:05 UTC · By: Bogdan Popa / And the story continues... It seems like those involved in Saab's future are really planning to make the whole selling process one of the longest soap operas of this era, with lots of reports, ...
Dealers' Armageddon: 789 Legal Complaints against Chrysler
19 May 2009, 12:32 UTC · By: Bogdan Popa / As we told you last week, Chrysler announced that no more than 789 dealers will be rejected in the United States, which means that, according to a statement by NADA, 40,000 employees will be affecte...
VW Mid-Engine Roadster in Doubt
19 May 2009, 10:46 UTC · By: Bogdan Popa / Unfortunately, the economic recession we wrote about so many times is again forcing an important player in the automotive industry to kill a project even before it reached mass production. This time...
Holden No Longer Planning to Boost Exports
19 May 2009, 10:45 UTC · By: Bogdan Popa / Australian manufacturer Holden is going to put all its hopes in the domestic market, as exports are continuously collapsing since the beginning of the economic turmoil. Furthermore, the company beli...
Blue Oval's Anti-Recession Surprise: Ford Falcon V8 400 HP
19 May 2009, 09:16 UTC · By: Bogdan Popa / Here are two opposed terms: economic recession and 5.0-liter engine less interested in fuel efficiency but more focused on overall output. And here's the only common thing: Ford. What's th...