The latest data from China Association of Automobile Manufacturers (CAAM) show that the top three Chinese automakers by sales in 2008 are SAIC Group, FAW Group and Dongfeng Motor. The China Big Three sold 4.57 million vehicles last year, accounting for 48.7% of the country's auto sales of 2008, compared with 46.9% in 2007, xinhuanet.com reported today.

Automakers who favor the flexibility and price savings of outsourcing production must weigh carefully the product life cycle implications of sacrificing in-house manufacturing, according to the Management Insights feature in the current issue of Management Science, the flagship journal of the Institute for Operations Research and the Management Sciences.

The White House is reviewing a draft agreement submitted by Democratic Party lawmakers who say it could help the ailing U.S. auto industry survive the next few months and rescue millions of jobs.

As automakers continue the state their case to lawmakers on Capitol Hill Friday, dire consequences were predicted if no bailout for the Big Three was made.

China's top ten automakers by sedan sales reached a sales volume of 265,600 units in October, 2008, accounting for 64.84% of the total, the China Association of Automobile Manufactures (CAAM) announced in a data report yesterday.

Inventories of unsold new vehicles made by 65 major automakers in China hit a four-year high to 395,647 units for the month of August, the latest data from China Automobile Dealers Association (CADA) showed, according to Stockstar report on Monday.

Chinese automakers almost unanimously postponed plans for new car launches amid worries about a demand slowdown, National Business Daily report today.

The biggest U.S. automaker says it will eliminate another 1,500 jobs because of sagging demand for new cars. Other top U.S. automakers Ford and Chrysler also announce layoffs.

Automakers in China are joining hands with financial institutions to offer new credit deals to potential customers in the country amid market downturns, reports China Daily.

New car star – what they are? Far-from-common cars chosen by the Japanese "Big Three" automakers' top executives to drive on to the stage at the Tokyo Motor Show Wednesday said it all.

Daimler's chief executive said Wednesday that BMW AG and his company were considering cooperating on projects such as the development of a hybrid engine.

U.S. automaker Chrysler and Chinese car company Chery have signed a deal to launch a low-cost production facility in China that would export cars to the United States and other global markets.