Business Secretary Lord Mandelson has announced a 300 million euros loan guarantee to General Motors Europe which will help secure [...]
Read the rest of this entry »Archive for the ‘News’ Category
VW profits down 80 percent in 2009
Europe’s biggest carmaker, VW, saw net profits fall 80% last year to 960m euros. Operating profits also fell 71% from [...]
Read the rest of this entry »New car C02 emissions down by biggest ever margin
The average CO2 emissions for new cars fell by their biggest ever margin in 2009 according to the annual New [...]
Read the rest of this entry »Scrappage registrations reach 324,991 units
Figures from the SMMT show that 324,991 new cars were registered through the scrappage scheme by the end of February.
Commenting [...]
A rise to 20% VAT would be “a disaster” for the automotive industry
With the government’s scrappage incentive due to expire at the end of March UK car companies are predicting new vehicle [...]
Read the rest of this entry »February 2010 new car registration figures
Car market up 26.4 percent in February, despite the return of VAT to 17.5 percent. The figures continue to be [...]
Read the rest of this entry »Nissan recalls over half a million US vehicles
Nissan has indentified problems with brake pedal pins which come loose and faulty fuel gauges on Titan, Armada, Quest and [...]
Read the rest of this entry »Ford outsells GM in the US for the first time since 1998
Ford Motor Co reported a jump in US sales of 43% in February, selling more cars than its great rival [...]
Read the rest of this entry »GM to recall 1.3 million cars in the US and Canada
A power steering problem linked to 14 crashes in the US has forced General Motors to recall 1.3 million small [...]
Read the rest of this entry »JLR back into profit
Jaguar Land Rover returned a profit of £55m in the last three months of 2009 after a loss of £60m [...]
Read the rest of this entry »VW report 80 percent drop in profits for 2009
Europe’s biggest car maker VW has reported an 80% fall in profits for 2009 partly due to a fall in [...]
Read the rest of this entry »Hummer brand to bite the dust
GM is to wind down its Hummer vehicles operations after the planned takeover by Chinese firm Sichuan Tengzhong Heavy Industrial [...]
Read the rest of this entry »Scrappage scheme enters final stage
The final phase of the Government’s scrappage scheme began yesterday (Wednesday 24th February).
Car manufacturers have been allocated shares of about [...]
Toyota took “too long” over safety recalls
Toyota has admitted it took “too long” to deal with safety issues which led to the recall of 8.5 million [...]
Read the rest of this entry »Daimler report 2.6 billion euro loss for 2009
Daimler, the luxury German carmaker has reported a net loss of €2.6 billion (£2.26 billion) for 2009 and said that [...]
Read the rest of this entry »UK car production up 64.8% in January
Car production in the rose 64.8% in January compared to the same month last year and is the biggest year-on-year [...]
Read the rest of this entry »Warranty Direct reveals Jaguar as worst car maker for brake faults
Jaguar has been revealed as the car manufacturer most likely to suffer brake problems, according to automotive warranty specialist, Warranty [...]
Read the rest of this entry »Toyota now considering Corolla recall
Toyota is now considering a recall for the Corolla, the world’s best-selling car.
It has said that so far no decision [...]
Toyota shutdown factories in US as recall hit sales
Toyota in the US is switching from factory overtime to factory shutdowns because of the disruption in retail sales caused [...]
Read the rest of this entry »European car sales up 12.9 percent in January
Passenger car sales in the EU member states rose 12.9 percent in January, as the effects of scrapping incentive schemes [...]
Read the rest of this entry »BMW sales up 16.6 percent in January
The BMW Group has seen a global increase in sales for January of 16.6%. The German carmaker sold 82,120 BMW, [...]
Read the rest of this entry »More Toyota recalls
The recall notices continue for Toyota as it announces a recall of 8,000 Tacoma pick-up trucks in the US, over [...]
Read the rest of this entry »VW get in on the recall act
VW is recalling close to 200,000 cars in Brazil because of a rear wheel problem.
The company wants to determine whether [...]
PSA/Peugeot Citroen made more than a billion euro loss in 2009
French car manufacturer PSA/Peugeot Citroen has reported a 1.16bn euro ($1.6bn; £1.02bn) loss for 2009.
However despite the massive loss there [...]
Honda widens airbag recall
Honda has added 437,700 cars, mainly in North America, to its existing global safety recall over airbag inflation problems.
It broadens [...]








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