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GM delays Camaro production start by a month
Fri, 09 Jan 2009General Motors is delaying the launch of the Chevrolet Camaro sports car by a month, without explaining why. GM had scheduled the start of production of the redesigned 2010 model in Oshawa, Ontario, for Feb. 16.
Audi at 100: German carmaker celebrates a century of technology, speed and luxury
Thu, 16 Jul 2009Audi traces its roots to the dawn of the auto industry, and today, the iconic company known by four intertwined rings celebrates its 100th anniversary. From humble beginnings to its lofty status as an international powerhouse, Audi has been at the forefront of technological development and crafting luxury. Along the way, it's gone by different names--including Auto Union AG--survived two world wars and forged entry into crucial new markets such as the United States.
Fire sale continues: Ford cuts stake in Mazda
Tue, 18 Nov 2008By Tim Pollard Motor Industry 18 November 2008 16:09 Yesterday GM sold its stake in Suzuki; today Ford announced plans to slash its shareholding in Mazda. Previously the Blue Oval held a third of Mazda’s stock, but it has cut that to just 13%. Ford admitted the sale was purely to boost its balance sheet, as the Big Three continue to struggle with cashflow.