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Browse economic slowdown articles

Russia’s slowing sales may affect Renault’s recovery in Europe


Renault's plan to fix Europe sales may be undermined by slowing growth in Russia. The Russian car market is expected to slow and possibly decline this year, after three years of gains of more than 10 percent. This may affect Renault's efforts to offset slumping demand in Europe, according to a Bloomberg report. Renault was counting on growth in Russia after ...
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More economic slowdown articles

China Boosts Investments in Railway
China plans to boost investments in railway, utilities and health, in an attempt to beat the economic slowdown. The Ministry of Railways aims at spending 470 billion yuan ($74 billion) on ...
Scania reduces bus production at its Polish plant amid low demand
Poland's Scania Production Slupsk has handed redundancy notices to 142 employees due to weak demand for buses and coaches for public transport. Fully-built buses in the Omni range that are made ...
Renault Argentina to cut back on shifts
Renault's unit in Argentina is reportedly cutting shifts at its plant in Cordoba plant after a drop in sales prompted by slowing demand in neighboring Brazil. The announcement comes just after ...
Scania will cut production in Europe because of low demand
Swedish truck maker Scania AB controlled by Volkswagen AG (VOW), will adjust the production rate at its units in Europe. The background is a deceleration in demand in various markets. ...
U.S. – Only oil price can stop economy recovery now – experts
The United States economy is now strong enough to withstand Middle East turmoil and the Japanese nuclear crisis. Only a big rise in the price of oil could stop it. Those ...
Alert: Spanish September car sales fall 32%
Spanish car sales fell 32 percent in September from the same month a year earlier, marking the fifth straight month of decline amid a severe economic slowdown, data showed on ...

latest automotive news
Report – Uber negotiating deal with Chinese carpooling application Dida
In a market dominated by two local powerhouses, Didi Dache and Kuaidi Dache, California-based Uber Technologies still believes it can ...
Ferrari’s driver hierarchy already set – Fiorio
Mar.31 (GMM/Inautonews.com) Kimi Raikkonen is back. 2015 is a crucial year for the Finn, having declared his interest in racing ...
Catching Mercedes ‘not possible’ – Marko
Mar.31 (GMM/Inautonews.com) Dr Helmut Marko remains doubtful Red Bull can catch up in 2015. After Australia, the Red Bull official ...
German GP demise ‘serious’ for F1 nation – Haug
Mar.31 (GMM/Inautonews.com) Norbert Haug has lamented the demise of Germany's historic grand prix. "It does not send the right signals ...
Ecclestone’s criticism of Vettel wrong – Berger
Mar.31 (GMM/Inautonews.com) Gerhard Berger has hit back at Bernie Ecclestone, following the F1 supremo's criticism of Sebastian Vettel. Before Vettel ...
Old chiefs deserve credit for Ferrari win – Montezemolo
Mar.31 (GMM/Inautonews.com) Luca di Montezemolo insists Ferrari's former management should not be forgotten after the fabled team returned to ...
Hamilton flags 2016 deal announcement ‘this week’
Mar.31 (GMM/Inautonews.com) Lewis Hamilton's new Mercedes deal is still inching towards the signatures, the reigning world champion says. After months ...
Mercedes to re-think ‘fair play’ strategies – Wolff
Mar.31 (GMM/Inautonews.com) The big question after Malaysia is: has Ferrari really caught Mercedes? After Sebastian Vettel's breakthrough win in red ...
Leaked – New-gen Audi A4
A few images with the new generation of the Audi A4 have emerged and they are revealing part of its ...
Honda S660 Concept Edition introduced
The Honda S660 Concept Edition has been designed to celebrate the launch of the regular S660 and it is a ...
[VIDEO] See this Ferrari LaFerrari do donuts inside
Donuts and burnouts seem to be the Ferrari LaFerrari’s special and such a hypercar has been recently filmed while burning ...
Mechanic takes BMW M4 Coupe for refill, crashes it
A BMW mechanic has taken an M4 Coupe for a refill but he ended up crashing the performance model into ...
Recall roundup: BMW X5 for airbag problems
BMW has recently issued a recall for the X5 full-sized SUV because of a problem with its airbags. The German based ...
[VIDEO] Ferrari 488 GTB filming its promo
The Ferrari 488 GTB has been spotted recently on the road where it was filming its first promotional video. Ferrari has ...
[VIDEO] Dodge Challenger SRT Hellcat goes drifting
A new video released onto the web is showing the impressive Dodge Challenger SRT Hellcat drifting on public roads. The Dodge ...
Renault Captur and Kadjar might get RS versions
The two crossovers currently produced by Renault, the Captur and the Kadjar, are expected to receive Renaultsport versions in the ...
Trailer carrying McLaren MP4-12C gets hit by train, supercar destroyed
A trailer carrying a McLaren MP4-12C supercar has been hit by a train last week, in Orange Park, Florida, and ...
Aston Martin Vulcan to debut in North America
Aston Martin has announced the North American debut for the Vulcan track-only supercar during the 2015 New York Auto Show. The ...