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GM thinks auto industry is in for some bad times in the Middle East


Hurt by uncertainty and political crisis in markets such as Egypt and Syria, General Motors said it expected the automobile industry in the Middle East to show growth that is sustainable, but at a slower rate than in the last few years. The U.S. automaker temporarily closed its Egyptian assembly plant outside of Cairo last month, and shut its local office, ...
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Mexico sets records for car production and exports in January
Mexico set auto production and export records in January, as its output of cars and light trucks rose 20 percent compared with January 2012 to 242,855 units. The Mexican Automobile Industry ...
Peugeot and Renault should collaborate more closely, former EADS boss says
PSA Peugeot Citroen and Renault must collaborate more closely for the French automobile industry to gain a competitive advantage, former EADS CEO Louis Gallois said today. Gallois, who recently delivered a ...
European automotive market will shrink for a fifth consecutive year in 2012 – Forecast
The automobile industry and its suppliers are major providers of jobs in the European Union. However, the sector is undergoing considerable transformation and harmful restructuring exercises translating into tremendous pressures ...
Great Wall Sees Net Profit Up Almost 27% in 2011
In 2011 Great Wall saw earnings of 3.43 billion yuan ($543.89m) in net profit, 26.86% higher than it was in 2010. The company’s total business returns for the year totaled 30.09 ...
Peugeot, Fiat post highest sales decline in Europe
PSA Peugeot Citroen, Fiat and General Motors lost the highest number of sales in Europe in five months amid the economic slowdown of the region. New-car registrations in November declined 3 ...
Opel warn on slowing demand in Europe
After Scania, now General Motors' European arm – Opel warns about a possible decrease of new car sales in Europe next year. Last time, Scania AB, the Swedish automotive industry manufacturer ...
Skoda marks 10m milestone in Czech Republic
The Czech based automaker Skoda has just celebrated the ten millionth car that came off the assembly line at the local plant in Mlada Boleslav, with the landmark model being ...
European Automobile Industry Report 09/10 available on-line now
The European Automobile Manufacturers’ Association ACEA has published, today, the ‘European Automobile Industry Report 09/10’ and the accompanying leaflet ‘Automobile & Society – State of Affairs, Priorities of the Future’. In ...

latest automotive news
Test Drive: Mercedes-Benz GLA 220 CDI
The Mercedes compact family has a new member – the adventurous GLA crossover. That means the lower-end of the luxury ...
The Nurburgring has a new owner – Viktor Kharitonin
Russian billionaire Viktor Kharitonin has just purchased the famous German track, the Nurburgring. “The Green Hell” is where most carmakers go ...
Mazda2 Sedan going to Thailand Motor Show
Mazda will be officially pulling the wraps off a new body style of the Mazda2, the Sedan, at the 2014 ...
Mercedes-Benz CLA Shooting Brake spied once more
New spy photos with the new Mercedes-Benz CLA Shooting Brake have surfaced and they are showing the model in question ...
Mercedes-Benz GLE Coupe caught on camera
Our spy photographers have caught on camera recently the brand new Mercedes-Benz GLE Coupe while it was being tested out. The ...
Meet Karl – Opel’s new entry-level city car
The German based automaker Opel is planning to introduce a new five-door entry-level city car, called Karl, sometimes next year. Opel ...
Recall roundup: Fiat Chrysler Automobiles’ vans and SUVs for two separate problems
Fiat Chrysler Automobiles has announced two separate recalls which are covering several vans and SUVs in the United States because ...
Hyundai milestone: 10 million Elantras sold
The South Korean based automaker Hyundai has officially announced the selling of over 10 million units of the popular Elantra ...
Mercedes-AMG GT is almost sold out for 2015 and 2016 model years
The Mercedes-AMG GT has been almost sold out across the globe for the 2015 and 2016 model years. Even if it ...
Recall roundup: Ford Edge and Lincoln MKX
Ford has issued a recall for several Edge and Lincoln MKX vehicles because of a problem with corrosion. The North American ...
BMW M4 Special Edition GTRS4 by Vorsteiner going to SEMA
The aftermarket specialists from Vorsteiner have officially announced the official introduction of the BMW M4 Special Edition GTRS4 at the ...
Another Ferrari LaFerrari is up for sale
Another unit of the impressive Italian hybrid supercar Ferrari LaFerrari is up for grabs, this time in the United Arab ...
Takata debacle puts GM’s mishaps under the shade
The year started off incredibly hard for General Motors, after a February recall that led to lawsuits, a total rethink ...
2015 Ford Everest to be unveiled in November
The North American based automaker Ford is planning to officially pull the wraps off the 2015 Everest in mid-November. The 2015 ...
Three new Scion Concept cars going to SEMA
Scion has announced its plans to introduce no less than three new concept cars at the upcoming 2014 SEMA Motor ...
US: October sales expected to remain strong
The news are gloomy again, with huge swings on global stocks and threatening headlines about a new economic crisis, but ...
Meet the AeroMobil 3.0 – a functional flying car
The Slovakian based company called AeroMobil has officially unveiled the third generation of its flying car, named suggestively the 3.0. Mankind ...
US: Dodge restarts production of the 2014 Viper SRT
The Viper was resurrected in 2012, but the manually fabricated American take on the supercar had a slow start – ...