GM's US sales plummet 49 percent
General Motors suffered a 49 percent year-to-year slump in US sales in January in a market driven by consumer fear of a deepening recession,...
Citroen says to launch new DS-inspired range
French auto maker Citroen said Thursday it was set to launch a new high-range line of cars, in a rebranding which reports said will...
Ford January sales tumble 42 percent
Ford Motor Co. said Tuesday its January US sales plunged 42.1 percent from a year ago amid deepening troubles for the auto industry and...
GM, Chrysler set for more buyouts
General Motors sources said Monday the troubled auto giant is planning a new buyout program to further reduce the size of its blue-collar workforce. The...
Chrysler extends buyout offer for production workers
Chrysler LLC said Monday it planned to offer a new round of buyouts to all its blue-collar workers as the struggling automaker braced for...
Auto suppliers want US government bailout
Auto suppliers are preparing to head to Washington to ask for government help in surviving a deep slump in car sales that has slashed...
Tesla shifts electric sedan site to win US government loan
Tesla has scrapped plans to build an electric car plant in Silicon Valley, saying Friday that it will opt for an abandoned factory elsewhere...
Toyota to revise down profit forecast further
The world's biggest automaker Toyota Motor Corp. is to revise its annual earnings forecast dramatically down, just a month after it lowered earnings expectations...
Ford loses $5.9 billion
Ford Motor Co. announced Thursday a quarterly loss of 5.9 billion...
Volkswagen sales down 15% in January
Sales at Europe's leading auto maker Volkswagen fell by 15 percent in January as the worldwide slump in the car industry showed no sign...
