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Australian election to decide fate of GM and Toyota factories


The September 7 election in Australia is of major importance for car plants run by General Motors Co. and Toyota Motor Corp. as the government committed to subsidies faces the opposition vowing to scale back support. GM’s manufacturing unit in Australia, Holden, is waiting on the result before deciding on investments in the country beyond 2016, as Prime Minister Kevin Rudd ...
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UK car manufacturing hits highest level since 2008
UK car manufacturing reached the highest level since 2008 last year, with nine percent more cars being produced compared to 2011. This is largely due to a rise in exports, as ...
Report: Kia may build a plant in the United Kingdom
Kia Motors may build a production facility in the UK, according to a report from Auto Express. Kia's top management in South Korea is aware that it can't keep up with ...
Eurozone Crisis: More than 500000 people may lose their jobs in the automotive sector
The unemployment in the Eurozone hit on Tuesday its highest level since the single currency was born. An additional 123,000 people were out of work in the euro zone in June, ...
Report: Half of U.S. abandoned auto plants are being reused
A report from the Center for Automotive Research finds that almost half of all U.S. automotive plants that have closed since 1979 are being reused. The study discovered that much of ...
Nissan celebrates 25 years of manufacturing in the UK
It’s 25 years since the first Nissan car rolled off the production of its Sunderland factory. Today, exactly 25 years on, Nissan's Sunderland factory is the biggest in the UK. Nissan ...

latest automotive news
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De la Rosa leaves Ferrari, Vergne signs up
Dec.20 (GMM/Inautonews.com) Ferrari has confirmed speculation Pedro de la Rosa is vacating his test-driver post. It was rumoured the 43-year-old ...
2016 CT6 Cadillac gets streaming rearview technology
The streaming video rearview technology will expand the driver’s vision in the upcoming 2016 CT6, eliminating any rear seat, rear ...
US: Ally gets out of 6 years bailout
Ally Financial Inc. stated that it would finally resolve its bailout after the U.S. government will sell the last $1.25 ...
Daimler puts aside €600 million for EU antitrust investigation
The Germany-based company, Daimler, stated on Thursday it is putting aside 600 million euros to cover any potential costs that ...
Renault-Nissan and AvtoVAZ merge into Russia’s biggest auto parts buyer
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Report – Volkswagen will meet its 2017 cost-cutting goal
Volkswagen CEO, Martin Winkerton, has said according to a source that the carmaker is on the right track to reach ...
GM’s bankrupt predecessor helps customers get the $10 billion compensation
General Motors customers gained a new friend in their run for the compensation worth $10 billion. The automaker’s bankrupt predecessor ...
F1 to have new engine rules in 2016 – report
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GM and Jaguar Land Rover stopped deliveries to Russia
In response to the slide in the rouble’s value, automakers, General Motors and Jaguar Land Rover included, decided to stop ...
Uber wants to patent its gouging prices
While critics accuse Uber of price gouging over the high fees asked in Sydney for the people who were fleeing ...
Ford closes Genk Plant in Belgium
With a production of around 14 million cars over the past 50 years, Ford shut the doors of its plant ...
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Toyota will invest $126M to expand powertrain operations
Toyota announced today that it will invest $126 million in the expansion of its powertrain operations in Ann Arbor and ...
Spyker declares bankruptcy
On Tuesday, Spyker, the Dutch sportscar maker which owned Saab, was declared bankrupt when not succeeding to secure a loan ...