| Ssangyong Motor applies for court receivership |
Jan 9th, 2009 |
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All Associated Press news SEOUL, South Korea (AP) - Beleaguered South Korean automaker Ssangyong Motor Co. has applied for protection from creditors after red ink mounted and cash flow collapsed amid ...
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| Euro falls slightly against US dollar |
Jan 9th, 2009 |
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All Associated Press news BERLIN (AP) - The 16-nation euro fell slightly Friday in early trading against the U.S. dollar as traders looked ahead to unemployment data from Washington later in the day.T...
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| Thai auto production projected to fall 23-24% in 2009 |
Jan 9th, 2009 |
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Due to the rising global economic crisis, Thailand's automotive industry will contract this year as the country's automobile production is projected to fall around 23.0-24.0 percent, Thailand's Automo...
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| Ford touts its leadership in in-car connectivity |
Jan 9th, 2009 |
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During his keynote address at CES Thursday, Ford CEO Alan Mulally--along with several other Ford executives--emphasized that the car giant is interested in being a leader in in-car connectivity.
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| Car Giant Axes Hundreds Of Staff |
Jan 9th, 2009 |
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The North East has been dealt a major jobs blow with car giant Nissan axing 1,200 jobs at its Sunderland plant. The Sunderland factory employs 4,500 workers, is the biggest in the UK and the most pr...
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| Honda considering 12 offers for Formula One team |
Jan 9th, 2009 |
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Honda's Formula One executives are considering 12 offers for the team with its parent company in Japan, which pulled out of the sport amid the global economic crisis.The automaker ended its associatio...
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| Nissan to slash 1200 jobs in Britain |
Jan 9th, 2009 |
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JAPANESE car giant Nissan said it would cut 1200 jobs in Britain due to a sales slump caused by the global economic slowdown, in the latest economic blow for the country.
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| In troubled time for industry, Ford hopes latest in-car technology will attract more buyers |
Jan 9th, 2009 |
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LAS VEGAS - In the shadow of the U.S. auto industry's troubles, Ford Motor Co. on Thursday showed off the latest version of its voice-activated in-car entertainment and communication service, which i...
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| Nissan to cut British work force by 1,200 |
Jan 9th, 2009 |
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LONDON -- Japanese automaker Nissan said Thursday it will slash its British work force by 1,200 as it lowers production in anticipation of a grim economic year.Nissan Motor Manufacturing Ltd., the co...
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| GM, Chrysler bailout deals bar strikes |
Jan 9th, 2009 |
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DETROIT - Newspaper reports say General Motors Corp. and Chrysler LLC would be in default of their multi-billion dollar federal bailouts if their workers go on strike and could be forced into bankrupt...
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