Industry

Gas stations across the country are serving a new ultra-clean diesel fuel with 97 percent less sulfur than the old formulation it replaces. Thanks to the delivery of the new fuel over the past week, most gas stations across the country are ready to serve the fuel as of Sunday the 15th of this...

Japanese companies operating in China have traditionally been disliked when compared with companies from Europe, the US and the rest of Asia. This couldn’t be more evident than in the Chinese auto industry, where until now Volkswagen and General Motors have been the most popular foreign...

The state owned Shanghai Automotive Industry Corp. (SAIC) announced today that the company will be launching its first ever own-branded car. Until now, SAIC has been developing cars in separate partnerships with both General Motors and Volkswagen, and now it will independently launch its Roewe car...

General Motors will merge its Saturn and Opel brands to consolidate production of new models and offer Euro-style vehicles for America and the rest of the world. The plan is to have all Opel and Saturn vehicles interchangeable by 2014, though production of the first batch of Opel-Saturn vehicles...

The talks between General Motors and Renault-Nissan are over. The CEOs of both companies agreed over a phone conservation that there was no hope for an alliance and that the two companies couldn’t come to an agreed value for any synergies. Reports have been circulating that there was internal...

Even when the American auto manufacturers manage to sell one of their vehicles, they’re still losing significant amounts of cash. According to a recent study conducted by automotive consultant Harbour Felax Group, American companies are losing money while they’re Japanese rivals are...

General Motor’s CEO, Rick Wagoner, “absolutely” believes that there’s no need for an alliance between the world’s largest auto maker and the Renault-Nissan partnership. Wagoner reports that the ailing company’s restructuring plan is moving faster than expected...

Ford has rejected claims that the company plans to sell off more of its Premier Automotive Group (PAG). Only the Aston Martin brand is up for sale, meaning the others for the moment are safe. However, Ford Motor Company [NYSE:F] is still exploring its options. Aston Martin was the star of the PAG...

According to the source, General Motors is demanding a substantial payment from Renault and Nissan for the privilege of forming an alliance between the companies. The supposed multibillion dollar deal would be on top of any share purchases made by Renault-Nissan and comes because of its global...

Despite the rising popularity of the Volvo brand in many markets, sales in the critical US segment (roughly 30 percent of total sales) have fallen 11.1 percent last year and are already down 9.3 percent this year. A depreciating US dollar is further worsening the situation for cash strapped parent...

Though Aston Martin has been getting most of the glory as one of the biggest automotive turnarounds, fellow British carmaker Bentley has gone from building just under 1000 cars in 2003 to over 10,000 this year. The big seller has been the Continental GT, which is favored amongst rap stars, NBA...

It seems that the old saying “no good deed goes unpunished” is true, at least in the case of Toyota, whose hybrid vehicles have been a massive sales success. Most hybrids are subsidised by federal tax breaks that can go up to $3150 in the case of the Prius. The problem for Toyota is...

Ford’s recent purchase of the Rover nameplate from BMW is likely to disappoint Chinese car maker, SAIC Motor Corp, who owns the technology for the Rover 75 and 25 vehicles. SAIC, who hopes to become a dominant global player, had wanted to sell cars using the established Rover brand...

California has sued six major car companies over damage created by the harmful CO2 emissions from their vehicles. You may remember that just last year nine car makers (including Ford, General Motors and Toyota) unsuccessfully attempted to sue the California state government over its new clean car...

Due to the recent military insurgence in Bangkok, Thailand, Nissan Motor Company has announced that it has halted operations at its Thailand facility the day after the military seized power over the Thai government. The company said that the move was necessary to ensure the safety of its 33...

PSA Peugeot Citroën has given its designers at its ADN (Automotive Network Design) studio in France the challenge of creating new innovative designs by dividing the designers into two competing teams, one for Peugeot and the other for Citroën. Each team will adopt the values and core...

Good news has been hard to come by for Jaguar for the last few months. First, there were rumors that the ailing British carmaker would be sold. Then there was news that Ford may simply dump the brand altogether. Well, the bad news streak has ended with a report from German magazine Auto Zietung...

We had to check it wasn’t April Fool’s day when we read this announcement. After all the talk about Ford’s Way Forward, it seemed strange that they would now consider building cars under the Rover nameplate. Digging deeper in to story, it’s clear that Ford is only buying the...

Small British carmakers have always been risky prospects, but Noble, makers of the M14 coupe and the upcoming M15, has managed to gain a large financial backing. A mystery investor has fronted the money that will allow Noble to complete its M15 coupe, which is bein pitched against the Porsche 911...

At a time when the country’s largest carmakers are cutting back on factories and laying off their workforce, Toyota is steadily marching ahead towards global domination of the world car industry by increasing its already massive overseas output by a whopping 40%. Toyota wants total overseas...