| Nissan applies for U.S. loan to develop eco-vehicle |
Feb 10th, 2009 |
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HONG KONG (MarketWatch) -- Nissan Motor Co., Japan's third largest automaker, has sought a U.S.-government subsidized loan under a program that provides aid to help automakers develop vehicles that ar...
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| Bajaj group companies pledge part of their shares in Bajaj Auto |
Feb 10th, 2009 |
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MUMBAI: Bajaj group companies including Jamnalal Sons, Baroda Industries, Bachraj Factories and Mukund Global have pledged part of their stakes in Bajaj Auto to raise funds, according to disclosure...
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| Motoring industry digs deep for bush fire appeal |
Feb 10th, 2009 |
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The gestures of goodwill and charity from the Australian automotive industry in response to the Victorian bushfire disaster has gone from a trickle to a flood, with even more companies coming forward ...
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| China Auto Sales Overtake U.S. In January |
Feb 10th, 2009 |
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February 10, 2009 · China's has released its monthly auto sales report, and the Chinese bought more cars than Americans did in January. If the numbers stay on trend, this could be the year that...
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| Ford honours Al Tayer Motors for best ever sales year |
Feb 10th, 2009 |
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Ford Middle East recently honoured Al Tayer Motors, one of the UAE's premier automobile dealerships and the Ford, Lincoln and Mercury importer-dealer, for registering its highest ever sales for the th...
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| China becomes biggest auto market |
Feb 10th, 2009 |
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China has leapfrogged the US to become the world's largest auto market, according to monthly figures from the Chinese state media. In January 735,000 cars were sold in China said state TV, quoting th...
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| China-made passenger car sales up on month, market still dim |
Feb 10th, 2009 |
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Global Financial Crisis BEIJING, Feb. 10 (Xinhua) -- The sales of China-made passenger car in January picked up from the previous month in China, buoyed by government policies to boost the auto indus...
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| GM, Chrysler may face bankruptcy over U.S. debt |
Feb 10th, 2009 |
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General Motors Corp. and Chrysler LLC may have to be forced into bankruptcy by the U.S. government to assure repayment of $17.4-billion (U.S.) in federal bailout loans, a course of action the auto mak...
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| Nissan to slash 20,000 jobs, sees annual loss |
Feb 10th, 2009 |
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TOKYO -- Nissan announced 20,000 job cuts yesterday, the deepest reduction among Japan's auto makers in battling the global downturn, as it forecast its first annual loss in nine years. Chief executi...
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| Peugeot, Renault win loans on promise of no cutbacks |
Feb 10th, 2009 |
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Peugeot SA and Renault SA will get €6-billion ($9.5-billion) in loans from the French government after they promised to not shut plants and fire people in the country. Peugeot and Renault, which ...
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