Tengzhong yet to submit application for Hummer
China's commerce ministry has not yet received an application from heavy machinery maker Tengzhong for the acquisition of the iconic Hummer brand from General...
Russian car giant on verge of bankruptcy
Russia's largest carmaker Avtovaz is on the verge of bankruptcy and needs to cut almost 50,000 jobs if it is to have any hope...
Suzuki introduces Swift Plug-in Hybrid Concept
Suzuki is planning to show off the new Swift Plug-in Hybrid concept at the 2009 Tokyo Motor Show. Suzuki Swift is a popular compact...
Magna wants to cut 10,500 jobs, 4,500 in Germany
Canadian auto parts maker Magna and its Russian finance partner plan to cut 10,500 jobs in Europe when taking over car makers Opel and...
Merkel sees new technology as Germany’s saviour
German Chancellor Angela Merkel promised Saturday to boost new technologies, particularly in the auto industry, in a bid to resolve the economic crisis if...
GM sees Hummer sale to China’s Tengzhong
US auto giant General Motors on Monday said it is making headway in finalizing a deal to sell its Hummer sport-utility vehicle brand to...
Toyota to conduct biggest recall yet in China
Japan's Toyota Motor Co. announced Monday its biggest ever recall in China, affecting about 688,000 vehicles, due to a defect in the electric window...
Germany presses for news this week on Opel’s fate
General Motors kept Germans guessing over the weekend over the fate of its troubled Opel unit even as pressure mounted for a decision on...
Homes of former Porsche executives searched
Anti-corruption officers have searched the homes and offices of two former Porsche chiefs and not only the German automaker's headquarters, news magazine Der Spiegel...
Toyota to raise output, buy batteries from Sanyo
Toyota Motor has raised its production target for this year and plans to start buying batteries from Sanyo Electric to meet brisk demand for...
