General Motors India to Introduce Commercial Vehicles to India Soon

General Motors India has announced that GM has entered into a collaboration with Shanghai Automotive Industry Corporation (SAIC) to develop and manufacture commercial vehicles and other competitive products for India and export markets.

New Automotive Council to Drive Forward Future Strategy of UK Car Industry

Business Secretary Lord Mandelson has announced that the Government is setting up a new Automotive Council to address the long term strategic challenges facing the UK car industry. Through areas such as innovation and high-skilled job creation, the automotive...

French Company Launches Africa’s Largest Automobile Manufacturing Project in Morocco

The French car manufacturer, Renault, has launched with great pomp the largest automotive manufacturing platform in Africa, with a nearly €1.2 billion investment in Tangier, northern Morocco. The project, which should be operational in early 2012, has...

AvtoVAZ, Russia’s Largest Car Maker May File for Bankruptcy

Russia’s largest car producer, AvtoVAZ, has announced it may have to file for bankruptcy due to losses and spiraling debts, but that production will not be halted. Executive vice-president Oleg Lobanov told reporters: “In such an event, we...

U.K. Government Offers Financial Assistance to Electric Car Maker

The U.K. government has announced a £10M loan to Tata Motors European Technical Centre (TMETC) under the Automotive Assistance Programme (AAP) set up to support investment in a lower carbon future for the industry. The Government money will support £25M...

Nearly Half of Americans Are Unlikely to Buy From Chrysler During Bankruptcy

Hot on the news of U.S. automaker Chrysler filing for bankruptcy protection, a new report says 21% of consumers say they definitely would not consider buying a car from an automaker considering bankruptcy.

U.K. Government Introduces Incentives for Motorists to ‘scrap’ Old Cars And Vans

U.K. motorists are being offered £2,000 towards a new car or van if they trade in their 10-year-old, or older, vehicle for scrap under plans unveiled by the Government in this week’s Budget. The decision to implement a scrappage scheme has been...

Please Sir, May We have Some More? – GM And Chrysler Seek More Government Aid

The U.S. auto manufacturer Chrysler, which has been badly affected by the ongoing recession, has asked the US government for an additional $5 billion in aid on top of the four billion it has already received, saying that it plans to fire three thousand...

Russian Government Imposes High Import Duty on Foreign Vehicles

Russia’s decision to raise import duties on foreign cars and trucks, which sparked mass protests across the country in December, came into force on Monday. The move is designed to protect domestic producers and foreign companies involved in car...