Electric cars dominate at Frankfurt auto showElectric cars by German builders are just some of the nearly 70 world premieres at the 65th edition of the IAA auto show opening later this week.
10 September 2013
Frankfurt IAA show offers signs of hope for automakersThe world's automobile makers are counting on the IAA auto show, which opens in Frankfurt this week, to give the sector a boost as recovery signs are becoming increasingly discernible in Europe.
10 September 2013
Glare from London 'fryscraper' blamed for melting cars A British property developer said Tuesday it was investigating after sun rays reflected from its half-finished London skyscraper melted parts of several cars, including a luxury Jaguar.
04 September 2013
Ford recalls 370,000 vehicles due to steering risk Ford Motor Co. said Friday it was recalling about 370,000 vehicles in North America due to possible corrosion of the steering shaft that could cause a loss of steering.
Detroit becomes largest US city to file for bankruptcy Detroit on Thursday became the largest city in US history to file for bankruptcy protection after decades of decline and mismanagement rendered the home of the nation's auto industry insolvent.
19 July 2013
Ford sees turnaround in Europe The steep contraction of Europe's auto industry -- which has trimmed sales, forcing carmakers to absorb punishing losses and slash production -- appears to be reaching bottom.
12 July 2013
Dongfeng, Renault to set up $1.8 bn JV: media Ambitious Chinese automaker Dongfeng Motor and France's Renault may sign a deal this month for an 11 billion yuan ($1.8 billion) joint venture after a decade of talks.
09 July 2013
GM to invest $691 million to boost Mexico operations General Motors announced Wednesday that it will invest $691 million to boost its operations in Mexico, a nation whose low wages and proximity to the United States are increasingly attracting automakers.
27 June 2013
Chrysler agrees to recall of 2.7 million Jeeps Chrysler announced Tuesday that it would bow to the US safety regulator's pressure to recall 2.7 million Jeep Libertys and Jeep Grand Cherokees over a fire risk that caused dozens of deaths.
19 June 2013
Ford to halt car production in Australia in 2016 Ford announced Thursday it would cease making vehicles at its unprofitable Australian plants in 2016 and axe 1,200 jobs, ending an era that began in 1925 with the firm's first local car.
24 May 2013
SUV popularity in China casts cloud over green-energy cars Chinese carmaker BYD gave pride of place to its new S7 SUV at the Shanghai auto show Saturday while another of its models, a fully-electric vehicle, languished in a corner with only a handful of visitors.
21 April 2013
Auto makers show off vehicles in key China market Global car makers Saturday showed off hundreds of gleaming models ahead of the opening of the Shanghai auto show, vying for attention with glitzy shows as they target the crucial Chinese market, the world's largest.
World car firms see China market as saviour Global auto makers will flock to China's premier car show, affirming its importance as the world's largest vehicle market and the saviour of an industry pummelled by European and US economic woes.
19 April 2013
GM Holden cuts 500 jobs in Australia Car manufacturer GM Holden announced Monday 500 jobs will be axed from plants in Australia, blaming the strength of the local dollar for squeezing sales.
09 April 2013
Electric car maker Fisker cuts 75 pct of workforce High end electric car maker Fisker Automotive, which has had financial difficulties for months, said Friday it was laying off 75 percent of its workforce.
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