World News
09/02/2010 09:52 am
Toyota said Sunday that it will soon announce plans to deal with braking problems in its prized Prius hybrid amid reports it has decided to issue a recall for the latest model in Japan, a possible new embarrassment for the world's biggest automaker.
28/01/2010 08:49 am
Toyota Motor, still struggling to resolve a problem with accelerator pedals, said Tuesday that it would temporarily stop building and selling eight models, including the popular Camry and Corolla sedans, in the North American market.
19/01/2010 09:30 am
Mazda Motor Corp and Ford Motor Co will dissolve their joint venture in China by 2012, a move that would further weaken the ties between the two auto makers, Japan's Nikkei business daily reported yesterday.
07/01/2010 09:23 am
The Yulon Group, the largest automobile manufacturing conglomerate in Taiwan, recently announced that the first batch of 20 locally assembled tobe M`car mine cars exported to Vietnam in December 2009 were sold out immediately and the Vietnamese importer urgently placed orders for additional 120 units.
04/01/2010 09:34 am
U.S. auto sales are expected to end 2009 on a slight upswing in December, capping a year that saw General Motors and Chrysler collapse into bankruptcy and China overtake the United States as the biggest car market.
24/12/2009 08:42 am
Ford Motor has reached a tentative agreement to sell its Volvo cars unit to Geely, the Chinese carmaker. A deal is expected to be finalised early next year, the groups said on Wednesday.
16/12/2009 09:26 am
General Motors Co. will invest $336 million in a Detroit-area plant to produce its heavily anticipated Chevrolet Volt electric car beginning next year, the No. 1 U.S. automaker said Monday.
16/12/2009 09:25 am
Ford Motor Co’s auto sales in Europe’s 19 core markets have leaped 19.8% to 113,100 vehicles in November. This has resulted in a year-to-date market share of 9.1% for the company, the highest since 1999.
04/12/2009 09:01 am
Mitsubishi Motors Corp. and PSA Peugeot-Citroen said Thursday they are in talks over a capital tie-up that could see the French auto maker take a significant stake in the Japanese company as an industry-wide slowdown and the need to invest in green car technology fuel consolidation pressures.
04/12/2009 08:58 am
As you've probably heard by now, General Motors fired its CEO. This is a big deal. In fact, when the long history of GM is finally written, this decision may well prove more momentous than the company's trip through bankruptcy earlier this year.