Automakers

Top ten automakers sell 265,600 sedans in Oct

kellywang — Tue, 11 Nov 2008 04:53:59 -0600

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.

65 automakers have inventories of 400,000 units

kellywang — Wed, 05 Nov 2008 03:54:32 -0600

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.

Automakers delay car launches after falling sales

kellywang — Wed, 22 Oct 2008 06:39:44 -0500

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

GM, Ford and Chrysler Announce More Layoffs

admin_huliq — Fri, 17 Oct 2008 07:11:19 -0500

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 launch financing schemes to boost sales

kellywang — Fri, 26 Sep 2008 06:15:55 -0500

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.

Current car style: not what you expect to see at Tokyo show

Dinka — Wed, 24 Oct 2007 13:07:12 -0500

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.

Germany's Daimler, BMW considering cooperation

Dinka — Wed, 24 Oct 2007 12:55:28 -0500

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.

US, Chinese Automakers Ink Deal to Make Cars in China

Dinka — Thu, 05 Jul 2007 11:32:44 -0500

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.

Japanese automakers increse their global production, but Mazda

Dinka — Mon, 25 Jun 2007 13:28:00 -0500

As Honda Motor Co. reported double-digit increase on its global production in May, Toyota, Nissan and Mitsubishi Motors also said they had output gains. But Mazda’s output fell 2.1 percent.

Carmakers Urged to Opt for the Sustainable Solution in "The Cool War"

Alla — Mon, 18 Jun 2007 03:53:29 -0500

With the potential to knock out 1% of global greenhouse gases, the world's automotive manufacturers are being urged to opt for the sustainable solution in "The Cool War" as they make their decision over which new refrigerant to adopt for air conditioning in cars in the coming weeks.

Big Three Seeking Big Cuts From UAW

Alla — Fri, 15 Jun 2007 04:18:28 -0500

Detroit automakers are ready to take a hard line with the United Auto Workers in negotiations this year and push for about a one-third reduction in hourly labor costs, according to a published report, reported The Wall Street Journal.

Renault Trafic triumphs at professional van and light truck awards 2007

Nymphadora — Tue, 01 May 2007 06:02:21 -0500

Renault's New Trafic has only been on sale for a matter of months and already it has collected its second magazine award. Picking up from where it left off at the What Van? 2006 Awards in November, Trafic has just scooped the Standard Panel Van award at the Professional Van and Light Truck Awards 2007, held recently during the CV Show at the NEC, Birmingham.