21 Nov 2012, 14:06 UTC · By: Bogdan Popa / It's well known the fact that the global recession massively affected car manufacturers from all over the world but Volvo Trucks yesterday came out with shocking figures. In the last three mont...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / The global economic crisis had serious consequences over the automotive and the motorcycle industries, most customers becoming interested in low-cost cars with lower fuel consumption and less-powerf...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Seriously affected by the financial crisis, Renault Group today asked the Romanian government for support, demanding 100 million euros credit guarantees for EIB (European Investment Bank) financing,...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / A recently-conducted survey revealed that Brazilian auto suppliers are not willing to increase the value of their initial investments scheduled for 2009, especially due to the instability shown by t...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Back in July, just after gasoline prices simply exploded, market analysts forecasted that the whole world, and particularly the automotive industry, is going to experience one of the toughest financ...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although reports regarding the global economic crisis are clearly fewer after the Detroit 3 group received government support, non-US companies continue their race for money and announce new cost-cu...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / There's no doubt that General Motors is the most popular carmaker nowadays but this doesn't necessarily happen thanks to the fact that it owns so many brands all around the world. Unfortun...
21 Nov 2012, 14:06 UTC · By: Alex Oagana / ... for car makers. According to the usa.gov website, the five most popular New Year's Resolutions in the US are, in this order: lose weight, managing debt, save money, get a better job and get...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / General Motors today published the third quarter 2008 figures, unveiling decreasing sales in most markets around the world. Chevrolet sold by far the biggest number of vehicles, with 1.083 million u...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / New day, more suspended plants. This time, the company that takes the decision to temporary suspend the activity of several production facilities is Ford, one of the largest carmakers in the world a...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Following rumors claiming that GM may be interested in a merger with its brother in pain Chrysler, representatives of the world's largest carmaker came out and denied all speculations, pointing...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / General Motors continues the race for money with a new clip published on its newly-launched website, dubbed GM Facts and Fiction, asking US citizens to contact lawmakers and Congress members and urg...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / In an effort to convince Congress members that the Detroit 3 urgently needs the $25 billion funding, Chrysler's President Jim Press today met senators but declined to reveal too many details re...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Even if Ford is one of the members of the so-called Detroit 3 (the group struggling to get US government assistance to revamp sales), the American company seems to get back on its feet in Europe whe...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Swedish car manufacturer Volvo today announced that nearly 4,000 employees will leave the company by December 31, 2008, as part of Volvo's cost reduction program. Although the cost cutting reas...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / With the global economic crisis still hammering sales and Detroit 3 still screaming and imploring the US government for financial help, analysts predict a gloomy future for the automotive industry. ...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / While other car manufacturers around the world prepared major job cuts and lowered productions, General Motors strives to cut costs by delaying payments to dealerships for rebates and other sales in...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / General Motors sold a total of 170,585 vehicles in October, with 73,466 sold cars and 97,119 delivered trucks, the American company said in a press statement. But more importantly, these figures do ...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Even though the whole world is talking about a potential transaction between Ford and Changan Automobile Group, Ford does nothing more than ignore the speculations and declines to comment every sing...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / The United States Government has just approved a $17.4 billion in low-interest loan to General Motors and Chrysler, two members of the Detroit 3 group who sought government aid since the beginning o...