US: Congress wants auto industry plan
Congressional leaders have told the Detroit Big 3 to present a detailed 'path to viability' plan ahead of a US$25bn emergency federal loan. |
| Fri, 21 Nov 2008 11:05:00 GMT |
UK: Honda to idle Swindon plant for two months
Honda is to idle its Swindon, UK, car plant for two months next year as part of a global production cutback that it has announced 'in response to a dramatic change in the global automobile market'. |
| Fri, 21 Nov 2008 10:41:00 GMT |
UK: New Toyota Avensis off the line
Production began today of the new Toyota Avensis at Toyota's Burnaston, UK, plant. It's a bit of manufacting sector good news in Britain amid plenty of gloom lately and that attracted government ministers to the occasion. |
| Fri, 21 Nov 2008 14:54:00 GMT |
US: Honda to slash production by 18,000 vehicles
Honda Motor Co is to cut production in the US as falling sales and the country's economic turmoil continue to play havoc on the auto industry there. The news follows announcements of production cuts by the Japanese giant in the UK and on its domestic market. |
| Fri, 21 Nov 2008 12:47:00 GMT |
US: GM could face supplier cash calls
Suppliers to GM may be seeking to tighten up on credit terms extended to their financially challenged customer. |
| Fri, 21 Nov 2008 12:33:00 GMT |
COMMENT: Volvo AB 'eyes acquisitions' (Volvo Cars?)
It's an old truism that there are bargains around in recessionary times. |
| Fri, 21 Nov 2008 12:15:00 GMT |
GERMANY: It had to happen - Porsche gets a diesel
A Porsche with a diesel engine? It is about to finally happen but no, we're not talking about a diesel unit crowbarred into a 911. From February next year, Porsche will offer a Cayenne with a diesel engine in Europe. |
| Fri, 21 Nov 2008 09:38:00 GMT |
UK: Car production down 25.1% in October
UK car production declined by 25.1% to 114,058 units in October, the lowest October total since 1991. |
| Fri, 21 Nov 2008 14:40:00 GMT |
GERMANY: CO2 deal close but not done
Talks between European governments on a deal to reduce greenhouse gas emissions have made progress but have not yet reached agreement. |
| Fri, 21 Nov 2008 14:28:00 GMT |
US: Chrysler wants to revive GM merger talks
Chrysler is interested in returning to merger talks with GM, according to a report in the Financial Times. |
| Fri, 21 Nov 2008 14:12:00 GMT |
RUSSIA: Daimler set to scale back Kamaz deal - reports
Daimler looks set to scale back its plans to take a 42% stake in the Russian truck manufacturer Kamaz. |
| Fri, 21 Nov 2008 14:07:00 GMT |
JAPAN: Toyota to axe 3,000 temporary workers
Toyota Motor Corp is to half the number of temporary workers it employs in Japan, its domestic market as sales continue to get worse. |
| Fri, 21 Nov 2008 13:01:00 GMT |
US: Engine makers ready for 2010 standards
The Engine Manufacturers Association (EMA) has said that its members are on schedule and ready to meet the EPA's stringent 2010 emission standards for heavy-duty engines in the US. |
| Fri, 21 Nov 2008 11:47:00 GMT |
LA SHOW: Lexus debuts RX450h
The Lexus RX450h has received its world premiere at the Los Angeles Auto Show. The new model goes on sale next year (summer in Europe). |
| Fri, 21 Nov 2008 09:59:00 GMT |
JAPAN: VW upbeat on Japanese car market
The Japanese car market has bottomed and should avoid further declines next year according to a Volkswagen Japan exec. |
| Fri, 21 Nov 2008 16:08:00 GMT |
LA SHOW: Kia shows next gen fuel cell vehicle
Kia has shown its Kia Borrego Fuel Cell Electric Vehicle (FCEV) at the Los Angeles International Auto Show. |
| Fri, 21 Nov 2008 15:36:00 GMT |
CANADA: Chrysler Canada seeks C$1bn
Chrysler's Canadian unit has asked the Canadian and Ontario governments for C$1 billion in financial assistance to help it through the global economic crisis, according to a Canadian newspaper report. |
| Fri, 21 Nov 2008 15:09:00 GMT |
RUSSIA: Avtotor in assembly talks with three foreign automakers
Avtotor is in negotiations with three further international auto manufacturers to produce cars from its plants, according to reports. |
| Fri, 21 Nov 2008 14:58:00 GMT |
LA SHOW: Mazda Kann is Design Challenge winner
The design entry from Mazda R&D of North America has been chosen as the winner of the Los Angeles Auto Show's 2008 Design Challenge. This year's theme, Motor Sports 2025, asked nine of Southern California's automotive design studios to form their vision of the future by depicting a motor sports vehicle that predicts how auto racing will change by the year 2025 |
| Fri, 21 Nov 2008 16:39:00 GMT |
EMERGING MARKETS ANALYSIS: Arrivederci Zastava - Fiat wastes no time in killing Yugo
Serbia had hoped someone might 'do a Dacia' with Zastava. But Fiat's ambitious plans for the Serbian automaker have no room for sentiment, as Mark Bursa discovers. |
| Thu, 20 Nov 2008 14:00:00 GMT |
