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China Car Times (Free subscription) | 3 hours ago
With President Obama slapping down an anti dumping tax on Chinese made tyres, he single handedly irked the Chinese government and started what might become known as the auto wars. China did not take too kindly to its tyres being priced out of the US market thanks to anti dumping taxes, and plans on probing US built cars that are imported into China. Currently several US car manufacturers are...
News.com.au (Free subscription) | 07/11/2009
CHINA has slammed new US tariffs on Chinese steel and launched its own probe into US car imports just a week before a visit by US President Barack Obama.
Just Auto (Free subscription) | 06/11/2009
South Korea must do more to open its market to US cars before president Barack Obama will send a free trade agreement signed in June 2007 to Congress for a vote, the chief US trade negotiator has said.
BloggingStocks (Free subscription) | 06/11/2009
Filed under: International markets , Competitive strategy , China , Market matters , Commodities , Headline news , Recession A few weeks ago the US government slapped import duties on Chinese manufactured tires. China shot back by launching and investigation through the World Trade Organization (WTO) of US car exports to China. Now we have round two. The US has imposed import duties of up to 99% on...
The Independent (Free subscription) | 06/11/2009
One almost has to admire the chutzpah of General Motors. Earlier this year the hobbled US car manufacturer accepted a bridging loan from the German state on the understanding that it would sell off its European operation, which includes the Vauxhall and Opel marques.
24/7 Wall St. (Free subscription) | 03/11/2009
GM’s sales rose unexpectedly, by 4% in October to 177,603 cars and light trucks. Chevrolet retail sales were especially strong, up 31%. The No.1 US car company said fourth quarter production would be 17% above the third quarter of the year. GM’s news follows positive news from Ford (NYSE:F) which had a sales increase of almost [...]
BBC News (Free subscription) | 03/11/2009
General Motors and Ford both report a rise in US car sales, as the American car industry slowly recovers.
Just Auto (Free subscription) | 03/11/2009
BMW expects a slower recovery in 2010 US car sales than anticipated just a few months ago with consumer debt remaining a drag on the developing rebound, the automaker's president for North America has said.
New Zealand Herald (Free subscription) | 02/11/2009
WASHINGTON - Taxpayers are unlikely to recover their full investment in General Motors or Chrysler, government investigators said in the latest review to cast doubts that the government will recoup the $80 billion ($113.44b) it poured...
Finance Markets (Free subscription) | 05/11/2009
The announcement that US car giant General Motors (GM) abandoned plans to sell a majority stake in its European car business Opel, including its UK brand Vauxhall, has led to a protest by thousands of the 25,000 workers at Opel’s four factories. In March, GM announced plans to offload Vauxhall and sister company, Germany-based Opel, and [...]
Belfast Telegraph (Free subscription) | 05/11/2009
A DRAMATIC decision by US car giant General Motors not to sell its European business has been welcomed in Britain.
The Earth Times Online Newspaper (Free subscription) | 04/11/2009
Moscow - The Russian government expressed its surprise Wednesday at the decision by US car giant General Motors to hold onto its European subsidiary Opel and not to sell it. Dmitry Peskov, a spokesman for Prime Minister Vladimir Putin, was quoted by ...
The Earth Times Online Newspaper (Free subscription) | 06/11/2009
Washington - Canadian-Austrian car-parts maker Magna International Inc Thursday posted its first quarterly profit since the third quarter of 2008. The company said it earned 51 million dollars, or 45 cents per share, in the third quarter, reversing a...
France24 (Free subscription) | 05/11/2009
General Motors said Wednesday it wanted to cut around 10,000 jobs at its European division Opel a day after the US car maker stunned the auto sector by scrapping plans to sell the German-based unit. GM wants to slash costs by 30 percent at Opel, which would mean the elimination of about 10,000 jobs from a workforce of 55,000, GM vice president John Smith told European journalists during a telephone...
Cars UK (Free subscription) | 04/11/2009
Chrysler has announced that production of the Dodge Viper (SRT-10) is to end in July after a 500 run limited edition. But a new model will arrive in 2012. The Dodge Viper (SRT-10 in the UK) is the car that finally made Europeans realise that Americans could actually make a desirable car. Not just a car [...] News from: Cars UK | UK Car News Dodge Viper axed – but it’s good news
