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Holden Posts $70.2m Loss For 2008

TUE, 30 JUN, 2009

PRESSURE FROM THE Global Financial Crisis, soaring petrol prices, a consumer shift away from large cars and a number of large, one-off expenses ha...

Ssangyong To Cut 37 Percent Of Its Workforce?

MON, 27 APR, 2009

We've been following SsangYong's struggle to gain traction in a woeful global market and it now appears that significant workforce cuts may be ine...

GM Europe Enters Crisis Talks With European Union

MON, 9 MAR, 2009

Following the announcement from its auditors that the future of General Motors is in substantial doubt, the European Commission has called a crisi...

GM Considers Partial Sale Of Opel

MON, 2 MAR, 2009

General Motors' tale of woe continues this week with news that its German division, Opel, is to be partially sold.

Lamborghini Announces Temporary Production Halt

THU, 19 FEB, 2009

The falling demand for vehicles worldwide has claimed another scalp, with Lamborghini announcing a temporary shut down.

Ford And Vauxhall To Raise UK Pricing

WED, 4 FEB, 2009

At a time when vehicle sales are in decline like never before, the last thing any company would contemplate is raising prices.

Toyota To Halve Japanese Production

WED, 21 JAN, 2009

As inventories of unsold vehicles build up everywhere and new car sales decline month-on-month, Toyota Motor Corporation has reportedly decided to...

Jaguar-Land Rover To Cut 450 Jobs

THU, 15 JAN, 2009

Despite the long-awaited introduction of exciting new products, and the prospect of more to come Jaguar-Land Rover today announced that it will be...

Toyota Expected To Report Second Half Loss

MON, 15 DEC, 2008

If you needed proof that the financial crisis gripping the world is serious, then this is it.

Financial Crisis Prompts Toyota To Cut Earnings Forecast

FRI, 7 NOV, 2008

Poor sales in the US, Europe, and slowing growth in emerging markets, the increasing cost of raw materials, unstable oil prices, a strong yen and ...