Industry News

Renault-Nissan, Bajaj announce cheap car project - AFP - Mon 12 May, 08:29 AM
Renault-Nissan and the Indian group Bajaj announced a joint venture Monday to produce a 2,500-dollar (1,600-euro) car, with sales expected to begin in India in early 2011.

Audi, VW Must Share U.S. Factory - BusinessWeek Online - Thu 08 May, 01:28 PM
Because of a weak dollar and ambitious sales goals, Audi and VW need to build different cars on common platforms in one U.S. plant

GM hit by strike at Chevy Malibu plant - AFP - Mon 05 May, 07:42 PM
The United Auto Workers launched a strike Monday at a key General Motors Corp. assembly plant, halting production of one of GM's most profitable and popular models, GM said.

German new car registrations rebound in April: trade data - AFP - Mon 05 May, 11:33 AM
German new car registrations rebounded in April following a slump the previous month, figures released on Monday by the VDA automobile federation showed.

Canadian Ford auto workers agree three-year pay freeze - AFP - Mon 05 May, 08:07 AM
Canadian employees of Ford have agreed to a three-year pay freeze under a new contract reached with the auto giant.

US car sales shift gear - AFP - Sun 04 May, 08:39 AM
While April sales of new vehicles in the United States dropped to their lowest level since 1992, figures also show that US consumers are buying smaller cars with better fuel economy over trucks and sport utility vehicles.

GM sales down 16 pct in April 07:46 PM [ AFP ]
Ford sales skid 12.2 percent as customers shun big trucks 06:31 PM [ AFP ]

GM posts 3.3 bln dollar loss amid weak US market 10:09 PM [ AFP ]
GM posts $3.3bln loss amid weak US market 05:22 PM [ AFP ]
Anger Over 'Sneaky' Car Tax Increases 02:57 PM [ Sky News]

Movers: Wrigley, US Airways, Ford, RadioShack, Sohu.com 01:29 PM [ BusinessWeek Online]

BMW first quarter profit fall 17 percent due to financial crisis 10:17 AM [ AFP ]
Kerkorian builds stake in Ford, seeks more 11:10 PM [ AFP ]
GM to restart Detroit plant amid threats of more strikes 02:27 AM [ AFP ]
Porsche ponders legal action against VW general assembly 04:59 PM [ AFP ]

VW director backs Porsche takeover as trade union protests 11:11 AM [ AFP ]
GM loses top spot to Toyota in first-quarter global sales 12:02 AM [ AFP ]
GM global sales dip on weakness at home 05:56 PM [ AFP ]
To Boost Sales, Saturn Rethinks Itself -- Again 01:29 PM [ BusinessWeek Online]
Jaguar and Land Rover chief Geoff Polites dies in Australia 10:46 AM [ AFP ]

Beijing Auto 2008 opens amid boom in car sales 12:42 PM [ AFP ]
BASF presses officials to approve its GM potato 07:22 AM [ AFP ]
Porsche boss is best-paid in German auto sector: report 02:57 PM [ AFP ]
German union at VW vows to pursue legal battle against Porsche: report 06:37 PM [ AFP ]
GM hit by strike at SUV plant 12:47 AM [ AFP ]

The Top Drops on Convertible Sales 01:27 PM [ BusinessWeek Online]