Ssangyong To Cut 37 Percent Of Its Workforce?

Ssangyong To Cut 37 Percent Of Its Workforce?

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 inevitable.

According to Gasgoo.com, a decision has been made by the Korean carmaker to lay off 37 percent of its workforce (about 2,700 people), by the end of June.

It is hoped that [...]

2010 MG6 Unveiled At Shanghai International Auto Show

2010 MG6 Unveiled At Shanghai International Auto Show

The Shanghai Auto Industry Corporation (SAIC) has unveiled the production version of its Roewe 550 bases MG6 at the Shanghai Auto Show.

To be sold under the MG brand in Europe, the MG6 will be the first new MG launched in the UK  since the ZS and ZT models, way back in 2001.

A sedan variant will [...]

Ford Looking To Sell Volvo Next Month?

Ford Looking To Sell Volvo Next Month?

If rumours are to be believed then Volvo may find itself up for sale next month as parent company Ford looks to shore-up its financial position.

At this stage it appears Chinese manufacturers are the most likely buyers. You would have to think that the European marques would struggle to fit Volvo onto their books.

Does this mean [...]

Ssangyong Files For Bankruptcy

Ssangyong Files For Bankruptcy

With all of the focus on the likes of GM and Chrysler in recent weeks, each struggling to stave off bankruptcy, Korea’s Ssangyong Motors may very well slip into oblivion with nary a whimper - the first automotive casualty of 2009.

The Korean car maker, known for its unusual looking vehicles, is in dire straits and [...]

MINI Crossover Concept to Make Paris Debut

MINI Crossover Concept to Make Paris Debut

Picture a new MINI and what do you think of? A small three-door hatch that’s popular with both driving enthusiasts and the latte-sipping set alike? Or perhaps you associate BMW’s successful small car brand with young professionals who want a practical, economical city car, but can’t bear motoring around in anything as prosaic as [...]

MG TF back in production with full replacement due in 2010

MG TF back in production with full replacement due in 2010

The on-again off-again resurrection of the MG TF appears to be on again with news that production of the TF LE500 will commence in August this year, with first delivery to new owners to take place in September. It was only a few months ago that quality issues and the loss of a major supplier [...]

MG TF Roadster resurrection in doubt

MG TF Roadster resurrection in doubt

It all sounded too good to be true for fans of the MG TF roadster and too foolish to be anything but a pipedream to everyone else. Already well beyond its use by date when MG Rover folded, the TF was an unlikely candidate for resurrection but that didn’t stop the new Chinese owners from [...]

SsangYong announces new distribution company and an all diesel line-up

SsangYong announces new distribution company and an all diesel line-up

SsangYong has announced a major overhaul in Australia and New Zealand with a new company formed to handle the distribution of the Korean marque.

The new company, SsangYong Motor Australasia, is an alliance between the existing distributor Russell Burling and Western Australian automotive company, The Barbagallo Group.

The Barbagallo Group has been the WA distributor for SsangYong [...]

Toyota now the worlds largest carmaker

Toyota now the worlds largest carmaker

It has been widely reported in the last 24 hours that the battle for the “World’s Largest Carmaker” title had been won…just…by GM. However, it now looks as though GM were using a little poetic license to inflate their sales figures.

Apparently, there are rules in a competition as important as this and it is essential [...]

MG to benefit from merger of Nanjing and SAIC

MG to benefit from merger of Nanjing and SAIC

The rebirth of the MG brand via Chinese manufacturer Nanjing Auto has not proceeded quite too plan with Nanjing struggling to meet the high quality standards that they have set for themselves. A number of prototype MG TF Roadsters have been built but full scale production has not yet become a reality, and the scene [...]

Denny Mooney leaving Holden

Denny Mooney leaving Holden

American Denny Mooney is set to leave GM Holden in August of this year. Mooney is moving back to the US to take up the role of vice president of global vehicle systems and integration. He will be based in Detroit, Michigan.

Mooney has been at the helm of Holden long enough to preside over the [...]

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