| GM Europe unions seek spin-off of Opel, Saab |
Feb 16th, 2009 |
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All Thomson Reuters news FRANKFURT (Reuters) - General Motors Corp's European labor leaders called on Monday for a spin-off of the Opel/Vauxhall brand rather than face what they called potentially fat...
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| Obama drops "car czar" idea |
Feb 16th, 2009 |
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All Thomson Reuters news CHICAGO (Reuters) - President Barack Obama has decided to launch a government task force for restructuring the struggling U.S. auto industry instead of naming a "car czar" wit...
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| Gangs steal more than 40 cars from Dubai |
Feb 16th, 2009 |
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Dubai: Two separate gangs stole more than 40 vehicles from Dubai in less than two months, said the police. Dubai Police, on receiving complaints, arrested seven members of the gangs involved in sellin...
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| Chery Auto aims for 18% car sales growth |
Feb 16th, 2009 |
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China's Chery Automobile Co aims to grow its car sales by nearly a fifth in 2009 banking largely on government support to bolster demand amid a slowing economy. Chery aims to sell 419,000 cars this y...
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| Why do prospects only look good for China |
Feb 16th, 2009 |
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China is estimated to have sold 790,000 cars in January this year, while the US sold 668,000 cars during the same month. This marks the first time that China has overtaken the US in monthly auto sales...
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| Geithner to lead auto panel |
Feb 16th, 2009 |
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The White House is dropping plans to appoint a car czar and instead will name a team, led by Treasury Secretary Timothy Geithner, to oversee the restructuring of the auto industry. The announcement wi...
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| Ford Motor Credit will cut 1,200 jobs |
Feb 16th, 2009 |
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Layoffs begin this week at Ford Motor Credit, the lending arm of Ford Motor Co. The Detroit News has learned that layoffs, which first were announced last month, will come this week. The Dearborn auto...
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| Obama forming auto task force |
Feb 16th, 2009 |
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US President Barack Obama has decided to form a government task force to oversee the restructuring of the struggling auto industry instead of naming a "car czar" with sweeping powers, a senior adminis...
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| Obama to appoint team for auto recovery |
Feb 16th, 2009 |
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WASHINGTON -- President Barack Obama will name a task force Monday to oversee the remaking of the U.S. auto industry, as General Motors Corp. and Chrysler LLC press for late concessions to work into t...
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| Volkswagen to join forces with Toshiba on EV development |
Feb 15th, 2009 |
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Volkswagen and the Toshiba Corporation have today signed a letter of intent with the objective to develop electric drive units and the accompanying power electronics for Volkswagen’s planned New...
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