Tagged "global economic crisis"
NEWS
General Motors Receives Another $US2bn In Loans
Automaker General Motors has received another $US2 billion in government loans from the US Treasury...
General Motors' Future In "Substantial Doubt"
With whispers of General Motors’ possible bankruptcy growing louder each day, auditors to the...
Aston Martin Ownership-Slice Up For Grabs
Have you noticed the ‘For Sale’ signs popping up around the neighbourhood? Automakers everywhere...
Nissan Announces 20,000 Job Losses
With no sign of slowing down, the global automotive sales slump continues to claim scalps. This time...
Fiat Seeking Financial Aid To Prevent 60,000 Job Cuts
Fiat has joined the list of auto-makers seeking tax-payer funded financial assistance. Just over a w...
Bentley Plans Seven-Week Production Shut-down
In the current mess, the old adage that the ‘rich get richer’ may not now be quite so accur...
Uh Oh: Toyobaru FR Coupe Delayed Beyond 2012?
The jointly-developed Toyota/Subaru RWD coupe is undoubtedly one of the more hotly-anticipated new r...
Toyota Forecasts First Loss In 71 Years While Honda Considers Moving Out Of Japan
The global economic crisis is fairly ripping its way through the balance sheets of the world’s car...
New Cars Overflowing Storage Yards
With new car sales on the slide in Australia, there is an ever-increasing number of cars with no pla...