21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Unfortunately for the whole automotive industry but for 6,000 workers in particular, BMW has decided to cut UK production of its MINI models due to the much-debated economic crisis. The news complet...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / In the context of global economic crisis, American car manufacturer General Motors said it may cancel the next generation Tahoe and Suburban, initially planned for release in 2011 and 2012 respectiv...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Even though it builds one of the most attractive vehicle types nowadays, Norwegian electric carmaker Think Global lost the fight with the global recession and asked for support from the local govern...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / GETRAG Transmission Manufacturing LLC today announced that it has filed for protection under chapter 11 of the United States Bankruptcy Code for its Tipton, Indiana production plant. The Indiana-bas...
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / Toyota have not been left untouched by the global economic regression. According to the latest media reports in Japan, the biggest car maker in the world is expecting a drop in sales that should lea...
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / The global economic crisis should change the way F1 teams are treated in terms of revenues. And it's not only Ferrari's Luca di Montezemolo backing the idea, but also Toyota's F1 team...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / The Detroit 3 emergency loans saga continues with a new episode today as members of the United States Senate confirmed recent rumors that the pre-approved funding package may not get through the Sen...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / After the United States officials announced last Friday that a $17.4 billion low-interest loan will be granted to General Motors and Chrysler, the Canadian government today decided to approve a C$4 ...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / The Swedish government confirmed on Thursday that it agrees to help the domestic carmakers go through the economic crisis and aid them to concentrate on fuel-efficient engines. Sweden will provide a...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / While General Motors strives to find a way to revamp its sales and re-become the world's largest car manufacturer, its German brand Opel received the most surprising takeover bid it would ever ...
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / In a time when most teams and drivers mourn the disappearance of Honda from the Formula 1 spectrum, the championship's supreme Bernie Ecclestone insisted the Japanese car maker leaving the spor...
21 Nov 2012, 14:06 UTC · By: Dragos Rusu / Maybe you too thought about Bruce Willis as a tough guy, especially after seeing any part of the “Die Hard” series. That's what we thought about this dude too and since a tough guy ...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Following the recent announcement that the United States Senate have put the Detroit 3 loan package on hold, members of the Senate already started looking for alternative solutions that could help d...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although US car manufacturers struggle to get through the economic crisis, General Motors acknowledges that things can get even worse and hired a special bankruptcy counsel and restructuring adviser...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although we're getting used to reports regarding the victims of the global economic crisis, today's news is a bit different, with Japanese manufacturer Honda threatening the local governme...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / There's no secret that the global economic crisis heavily affected car manufacturers from all over the world but, for most of them, the United States sales were shockingly low. Honda already an...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / The global economic crisis makes a new victim in the automotive industry, with Lamborghini closing its largest deal in Orange County. Although the car manufacturer refused to unveile the closure rea...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / While companies around the world struggle to face the global recession and Detroit 3 begs for government assistance, Mitt Romney, former Massachusetts Governor comes with a shocking solution to all ...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although it initially seemed like Japanese companies were less involved into what seems to be the toughest period in the history of the global automotive industry, the financial recession now starts...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although it initially planned to double the United States sales by 2015, Audi may have a more difficult task than it first looked like, especially if taking into account the global economic crisis t...