More in Auto Makers

  • Newswire

    Ford Recalling 502,000 Mustangs With Takata Airbags  

    The automaker is recalling 502,500 Mustangs and Ford GT sports cars sold outside the high-humidity areas that supplier Takata said could increase the chances of its airbag inflators to malfunction....More
  • Newswire

    Dutch sportscar maker Spyker declared bankrupt  

    AMSTERDAM, Dec 18 (Reuters) - Dutch sportscar maker Spyker , one-time owner of Sweden's Saab, declared bankruptcy on Thursday, after failing to secure a critical bridging loan it had hoped would help it refinance and restructure. The company, formed in 2000 to resurrect an early 20th century Dutch auto marque, had filed for protection from creditors earlier this month, hoping to stave off collapse....More
  • Newswire

    GM, JLR Halt Deliveries to Russian Dealerships  

    GM and Indian automaker Tata's Jaguar Land Rover luxury brands join Volkswagen Group in suspending vehicle deliveries in response to the sharp decline in the value of the Russian ruble....More
  • Newswire

    Ford Shutters 50-Year-Old Belgian Plant  

    The automaker is shifting production from the Genk plant, which produced 14 million vehicles over the past half-century, to a facility in Valencia, Spain....More
  • Dec 18, 2014

    Fuel-Cell Cars: All Ramped Up With No Place to Go?

    Hydrogen fuel-cell vehicle discussions usually turn to the I word: infrastructure. Automakers are investing too much into FCVs to guess whether refueling infrastructure will grow. It will. But for now it’s running on fumes....More
  • Newswire

    Sources Say VW Ousting Product-Management Chief  

    Sources say the dismissal of Klaus-Gerhard Wolpert, who manages strategy affecting more than 100 models across Volkswagen Group, reflects efforts to raise profitability at its slumping core VW brand....More
  • Newswire

    Senate Confirms New NHTSA Administrator  

    Mark Rosekind takes over as the nation's chief auto-safety regulator amid charges NHTSA responded too slowly to address defects in General Motors ignition switches and Takata airbags....More
  • Newswire

    Asian Automakers' Russia Prospects Sink Alongside Ruble  

    While the weak yen has helped sales by Japan's Nissan and Toyota in Russia, the falling ruble has prompted Korean automaker Kia to divert imports away from the country to avoid selling the vehicles at a loss....More
  • Newswire

    UPDATE 2-Low-cost carmakers outperform fragile European recovery  

    * Europe's car sales rise 1.2 pct in November * Budget brands lead November increase * Spanish, UK sales help offset weaker Germany, France (Adds forecast and comment from IHS Automotive) By Laurence Frost and Agnieszka Flak PARIS/MILAN, Dec 16 (Reuters) - European car sales increased by just 1.2 percent last month, with budget brands led by Renault's Dacia faring better as nervous consumers shunned mid-range models in what remains a fragile recovery....More
  • Newswire

    Honda Recalling 500,000-Plus Cars in China With Takata Airbags  

    More than 85% of the 569,769 cars being recalled due to potentially defective airbags are Accord models built between May 2002 and December 2007 by the Japanese automaker's joint venture with Guangzhou Automobile Group....More
  • Newswire

    Chinese Automaker Geely Sees 2014 Profit Down 50%  

    Geely, whose parent company also owns Swedish automaker Volvo, expects its 2014 net profit to fall because of setbacks including a 49% year-on-year slump in export sales through November and losses from depreciation of the Russian ruble....More

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