site.news_by_theme auto
GM, Hyundai recall vehicle in US
General Motors and Hyundai both recalled large numbers of vehicles in the United States Friday.
18 August 2013
New government bailout for Australian auto industry
The Australian government Monday pledged a fresh Aus$200 million (US$177 million) bailout package for the car manufacturing industry.
05 August 2013
Astana-Borovoye autobahn generates $20 thousand a day
The state budget has been receiving 3 million tenge ($20 thousand) per day since commissioning of Kazakhstan's first 6-lane toll road.
26 July 2013
Volvo trucks reports profit drop but sees sales pick up
Swedish heavy truck and construction equipment maker Volvo reported that profits plunged in the second quarter.
24 July 2013
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.
20 April 2013
Chrysler will take losses on electric cars: CEO
Chrysler Group stands to lose $10,000 on every battery-powered Fiat 500 it sells in California..
19 April 2013
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.
06 April 2013
GM, Ford, Chrysler post best US sales since 2007
General Motors, Ford and Chrysler reported their best US sales performances since 2007 on Tuesday amid booming overall auto demand following the US industry's near-collapse five years ago.
03 April 2013
China car maker BYD reports profit plunge
Chinese electric car producer BYD, which is partly backed by US investment titan Warren Buffett, said its net profit plunged more than 94 percent year-on-year in 2012, hit by slowing growth in the country.
25 March 2013
In Geneva, end of tunnel nowhere in sight for carmakers
The Geneva International Motor Show opens its doors Tuesday under a dark cloud, with no sign of a speedy rebound in sight for the troubled European market.
05 March 2013
Jaguar Land Rover mulls manufacturing in India: report
Jaguar Land Rover, the British luxury car unit owned by Tata Motors, is considering manufacturing vehicles from scratch in India.
04 March 2013