| Automobile manufacturer Toyota triples annual loss prediction |
Feb 8th, 2009 |
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Toyota has announced that their predicted profit loss for 2008 has tripled from their previous estimate. The company reports the loss after demand for its vehicles dropped. In December 2008, Toyota es...
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| Used cars rescue carmakers and buyers |
Feb 8th, 2009 |
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NEW DELHI: More car for your money? It’s possible. Plenty of new models in the used car market have made it easy for car owners to trade up at a good bargain. At the same time, manufacturers are ...
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| A Dismal Quarter for Toyota |
Feb 8th, 2009 |
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After a $1.8 billion loss in the latest quarter, the carmaker revised its earnings forecast downward for the third time in three months
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| Rolls-Royce profits to soar by 10%, but the downturn could bring it back down to earth |
Feb 8th, 2009 |
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Rolls-Royce, the aerospace giant led by Sir John Rose, is expected to buck the credit crunch with bumper results on Thursday. Charles Stanley, the stockbroking house, forecasts pre-tax profit ...
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| Fate of jobs bank up in air at Ford |
Feb 8th, 2009 |
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Ford Motor Co. reassured Wall Street last week by announcing it had reached a deal with the United Auto Workers union to eliminate the jobs bank program. But that deal is contingent on Ford winning co...
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| Chrysler execs prod dealers to order more cars |
Feb 8th, 2009 |
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DETROIT (AP) -- Pleas from Chrysler executives for dealers to order more vehicles took on a more urgent tone Thursday as Vice Chairman Jim Press prodded them in a conference call to take more vehicles...
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| Ford must put $4b into pension plan |
Feb 7th, 2009 |
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Dearborn, Michigan: Ford Motor Co may have to contribute $4 billion (Dh14.69 billion) to its pension plan after a 2008 shortfall, a cash drain that risks dragging the second-largest US automaker close...
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| India, Germany to co-operate in auto sector |
Feb 7th, 2009 |
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NEW DELHI: Faced with a downturn in the automobile sector, India and Germany have inked an agreement to undertake cooperation in various fields of the sector to jointly overcome not only short-term bu...
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| Another auto bailout on the way |
Feb 7th, 2009 |
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WASHINGTON (Reuters) -- The Obama administration is talking with U.S. auto industry about more help, but no decisions are expected until General Motors Corp and Chrysler LLC submit turnaround plans to...
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| US Weighs New Help for Auto Industry |
Feb 7th, 2009 |
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WASHINGTON (Reuters) - The Obama administration is talking with U.S. auto industry about more help, but no decisions are expected until General Motors Corp and Chrysler LLC submit turnaround plans to ...
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