| Nissan-Chrysler deal on hold |
Feb 13th, 2009 |
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NEW YORK — Nissan Motor Co has halted preparations for a business alliance with Chrysler LLC under which the two automakers would build vehicles for each other, Kyodo reported Thursday. Unde...
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| Toyota cuts work hours, freezes pay |
Feb 13th, 2009 |
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Battered by weak demand, automaker Toyota said Wednesday it will further cut back work hours, implement pay freezes and offer voluntary severance at its North American facilities, including its Tundra...
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| Toyota to cut North America production, offer buyouts |
Feb 13th, 2009 |
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SAN FRANCISCO (MarketWatch) -- Toyota Motor Corp. said late Thursday it will reduce production at its North American manufacturing plants "in the midst of the worst automotive slump in decades." Toyot...
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| Toyota union to demand Y4,000 hike in basic monthly pay |
Feb 13th, 2009 |
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NAGOYA — Toyota Motor Corp’s labor union formally decided Thursday to seek an average increase of 4,000 yen in the basic monthly pay of regular employees to reflect rising prices, union o...
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| Toyota Canada slashes costs |
Feb 13th, 2009 |
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Toyota Motor Manufacturing Canada Inc. is cutting production and executive salaries, and suspending capital spending to cope with the North American auto crisis that it calls “the worst economic...
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| Chrysler braces for long auto sales slump |
Feb 13th, 2009 |
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All Thomson Reuters news CHICAGO (Reuters) - Chrysler's U.S. government-required viability plan would have the automaker viable even if U.S. auto sales stay at current depressed levels for four years,...
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| Nissan taps Buddendeck to head global PR |
Feb 13th, 2009 |
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Nissan Motor Co. has appointed Alan Buddendeck, vice president of corporate communications for Nissan North America, to head global communications for the company in Tokyo, replacing Simon Sproule who...
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| Renault to make further cost cuts |
Feb 13th, 2009 |
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Renault’s announced more strict cost-cutting measures which could add to Spain’s massive jobless figures. Its factory in Valladolid is under threat as market conditions for this year are...
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| Honda slashes new graduate hiring as slump bites |
Feb 13th, 2009 |
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TOKYO -- Honda Motor Co. will cut the number of new graduates it hires next year by 40 percent amid a prolonged slump in the global auto market, it said Thursday. The paring back of the company's hiri...
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| New view of Mitsubishi |
Feb 13th, 2009 |
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The all-electric sports car concept is set to debut at the Geneva Motor Show this March alongside the Mitsubishi's i Mieve Sport Air concept car. Both are follow-ups to Mitsubishi's i Miev hatchback ...
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