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GM Announces 49 Percent Sales Drop in January 2009
GM Announces 49 Percent Sales Drop in January 2009

4 Feb 2009, 09:00 UTC · By: Bogdan Popa / With the global economic downturn far from being over, General Motors today announced its January 2009 sales, revealing a 49 percent drop compared to the same month of the previous year. No less tha...

 
VW Reports US Sales Drop, Blames the Global Recession
VW Reports US Sales Drop, Blames the Global Recession

4 Feb 2009, 08:25 UTC · By: Bogdan Popa / Volkswagen of American today announced the January 2009 sales, unveiling a 11.6 percent drop compared to the same month of the previous year. This is nothing more than a consequence of the economic ...

 
BMW M Car Sales Up 50 Percent in 2008
BMW M Car Sales Up 50 Percent in 2008

3 Feb 2009, 14:28 UTC · By: Bogdan Popa / Despite the difficult market conditions that slashed sales all over the world, BMW M Automobiles today unveiled the 2008 financial results, revealing the second-best result in the thirty-year histor...

 
Ford Confirms Selling of  Blanquefort Transmissions Plant
Ford Confirms Selling of Blanquefort Transmissions Plant

3 Feb 2009, 10:50 UTC · By: Daniel Patrascu / After the news being made public yesterday, by French Economy Minister Christine Lagarde, Ford Motor Co. confirmed its intention to sell its automatic transmission plant in Blanquefort, near Bordeau...

 
Acura Still Aiming to Become Top Luxury Brand
Acura Still Aiming to Become Top Luxury Brand

3 Feb 2009, 08:25 UTC · By: Bogdan Popa / While some companies struggle to remain in business and maintain their sales on the floating line, others confirm their enthusiastic plans to increase sales and become leaders of their sectors. Such...

 
Seoul Motor Show Loses GM, Chrysler, BMW
Seoul Motor Show Loses GM, Chrysler, BMW

3 Feb 2009, 08:15 UTC · By: Daniel Patrascu / The restless race for money, initiated by the economic crisis, makes car manufacturers fire workers, close down factories, scrap new models and sell assets. Undoubtedly, marketing budgets are also c...

 
Japanese January Sales Lowest in 37 Years
Japanese January Sales Lowest in 37 Years

2 Feb 2009, 16:01 UTC · By: Bogdan Popa / Despite some rumors claiming the Japanese automotive industry is less affected by the economic downturn, new car sales in Japan reached the lowest point in 37 years in January, according to Reuters ...

 
New Info on the Rolls Royce RR4 Silver Ghost
New Info on the Rolls Royce RR4 Silver Ghost

2 Feb 2009, 14:33 UTC · By: Daniel Patrascu / Set to make its public debut sometimes in 2010, the RR4, as is it's currently named, is hoped by company officials to be a significant milestone in the manufacturers history. Autotelegraaf.n...

 
Dealers Under Financial Pressure, Slash Workforce Across the US
Dealers Under Financial Pressure, Slash Workforce Across the US

2 Feb 2009, 10:59 UTC · By: Bogdan Popa / Even if the United States government agreed to help the struggling domestic automakers GM and Chrysler, problems are far from being over in the country. Despite the companies' efforts to preser...

 
Economic Crisis to Make One More Victim: KV Racing
Economic Crisis to Make One More Victim: KV Racing

2 Feb 2009, 08:08 UTC · By: Ovidiu Panzariu / The current economic downturn takes blow after blow at the Indy Car Series. Following Rahal Letterman Racing's announcement last week that they may have to take on a part-time schedule in the s...

 
Weekly Roundup: 26.01.2009 – 30.01.2009
Weekly Roundup: 26.01.2009 – 30.01.2009

1 Feb 2009, 11:33 UTC · By: Bogdan Popa / Since the economic recession has not passed yet, the whole week was often dotted with news related to struggling automakers or cost-cutting measures applied by companies fighting against the economi...

 
Michelin Recalls Tires Due to Missing DOT
Michelin Recalls Tires Due to Missing DOT

29 Jan 2009, 16:32 UTC · By: Daniel Patrascu / When we thought we had enough on our minds dealing with economic crisis and other such shortcomings, here comes news that will further mess with your plan for a family weekend. It concerns your car....

 
Ford Aims to Sell Volvo for Nearly $10 Billion
Ford Aims to Sell Volvo for Nearly $10 Billion

29 Jan 2009, 14:02 UTC · By: Bogdan Popa / Volvo has been the leader in safety for many years but this thing is simply useless today when the company's sales are extremely poor. Unfortunately for the Swedish brand, Ford is continuously ...

 
Alfa Romeo 149 Hatchback to Be Based on BMW 1-series
Alfa Romeo 149 Hatchback to Be Based on BMW 1-series

28 Jan 2009, 18:17 UTC · By: Daniel Patrascu / Following last week's announcement that Chrysler and Fiat have joined forces in a strategic alliance, the Italian manufacturer is expected to make public a future cooperation with BMW for the d...

 
Mercedes Dealers Expect Tough 2009
Mercedes Dealers Expect Tough 2009

28 Jan 2009, 14:03 UTC · By: Bogdan Popa / With the global economic recession knocking on everybody's door, automakers around the world struggle to minimize loses and hope for a better future. Unfortunately, 2009 will be more difficult ...

 
General Motors Gives Up on Dealers
General Motors Gives Up on Dealers

28 Jan 2009, 11:53 UTC · By: Daniel Patrascu / American giant General Motors tries to escape the crisis' grip by adopting tough methods at all levels of its structure. Following this week's announcements of job cuts in the U.S. and sho...

 
RIP Cadillac XLR
RIP Cadillac XLR

28 Jan 2009, 11:44 UTC · By: Bogdan Popa / General Motors confirmed the end of production of the Cadillac XLR manufactured by the American automaker at the Bowling Green Assembly Plant. All the 40 employees responsible for the production of ...

 
No More Jets for Citigroup During the Crisis
No More Jets for Citigroup During the Crisis

28 Jan 2009, 11:39 UTC · By: Madalina Iancu / After getting a $45 billion from the government, Citigroup had to do something about their plan before the current financial crisis to purchase a new corporate jet . However, an Associated P...

 
Japan to Reduce Car Production by Three Million Units
Japan to Reduce Car Production by Three Million Units

28 Jan 2009, 11:22 UTC · By: Bogdan Popa / Even though Japanese automakers are obviously in better shape than their American rivals, the country's top 12 companies may be forced to apply significant job cuts, as part of their attempt to...

 
500,000 Milestone Reached by Land Rovers Sold in the US
500,000 Milestone Reached by Land Rovers Sold in the US

28 Jan 2009, 10:45 UTC · By: Daniel Patrascu / In the middle of a total economic crisis, the Tata owned Land Rover finds reason for celebration. Last weekend, the producer announced at the annual National Automobile Dealers Association (NADA) co...