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Hyundai, Kia Announce R&D Spending Boost, Aim To Increase Sales to 7m

TUE, 3 JAN, 2012

Hyundai Kia Automotive Group has announced plans to aggressively expand both its spending in research and development, and its global production...

Holden, Toyota To Revive Apollo/Lexcen "Agreement"

WED, 1 APR, 2009

We knew times were tough, but this takes the cake. In a joint statement released late yesterday, Holden and Toyota announced that each will 'gift'...

US Auto Industry Woes Hit Wall Street

TUE, 31 MAR, 2009

While GM and Chrysler are no doubt pleased at the US Government’s approval of further short-term financial aid (think of it more as a stay-of-ex...

PSA Ditches CEO Christian Streiff As Recession Bites

MON, 30 MAR, 2009

After posting a loss of €343 million last year and issuing a similarly grim sales forecast for this year, PSA Peugeot Citroen has announced that...

Happily Married: Nissan And Renault Celebrate 10 Year Anniversary

FRI, 27 MAR, 2009

Back in the late 1990s, Nissan found itself in quite a predicament.

US Government Automotive Task Force To Arrive In Detroit Today

TUE, 10 MAR, 2009

After having spent an undoubtedly gruelling two weeks with President Obama's automotive task force - most of it, most certainly, on 'the rack...

Obama Commits To A 'Retooled' American Auto Industry

THU, 26 FEB, 2009

US President Barack Obama on Tuesday (US time) addressed a joint session of Congress for the first time since taking office, and in it he lai...

GM Delays New Engine Plant For 2011 Chevy Cruze, Volt

THU, 29 JAN, 2009

In another body-blow for the American auto industry, General Motors has announced that the new factory intended to build small-capacity powerplant...

2009 Tokyo Motor Show In Doubt

WED, 14 JAN, 2009

In another sign of trouble for an already crippled motor industry the 2009 Tokyo Motor Show may be cancelled.

Ford Needs Cash, May Sell Off Controlling Stake In Mazda

MON, 13 OCT, 2008

While GM and Chrysler are reportedly on the verge of tying the knot, the other member of the Detroit 'Big Three' is apparently considering going i...


Rudd Responds To Bracks Review: Pledges $6.2 Billion In Assistance To Australian Automotive Industry

MON, 10 NOV, 2008

The Federal Government today handed down its response to the Bracks Review of the Australian Automotive Industry at the Automotive Centre of Excell...

Bracks Review - Automotive Industry Cautiously Welcomes Report

FRI, 15 AUG, 2008

The Minister for Innovation Industry Science and Research, Senator Kim Carr, today released the Bracks’ Review of the Australian Automotive Indu...