International Business News - Automobile http://hk.ibtimes.com/subsection/companies/autos.htm All articles are copyrighted by IBTimes.com 400 100 http://hk.ibtimes.com/ http://hk.ibtimes.com/images/top_logo_ibt2_3.gif Ford Motor Co. said Thursday it lost $8.67 billion in the second quarter and will retool two more North American truck and sport utility vehicle plants to build small, fuel-efficient vehicles. http://hk.ibtimes.com/data/articleimgs/2811-.jpg http://hk.ibtimes.com/articles/20080724/ford-loss-asset-write-downs.htm http://hk.ibtimes.com/articles/20080724/ford-loss-asset-write-downs.htm Thu, 24 Jul 2008 20:14:20 EDT General Motors Corp., pummeled by falling U.S. sales and high gas prices, lost the global sales lead to Toyota Motor Corp. in the first half of this year, but the churning market makes it difficult to predict which automaker will end the year on top. http://hk.ibtimes.com/data/articleimgs/2802-.jpg http://hk.ibtimes.com/articles/20080724/toyota-outsells-worldwide-first-half.htm http://hk.ibtimes.com/articles/20080724/toyota-outsells-worldwide-first-half.htm Thu, 24 Jul 2008 10:12:20 EDT Ford Motor Co. is marking the 100th anniversary of the Model T, the first low-priced car that introduced motoring to the masses, at a time when Americans are cringing at the cost of filling their gas tanks and the U.S. auto industry is struggling with plant closings and layoffs. http://hk.ibtimes.com/articles/20080722/ford-marks-100th-birthday-model.htm Tue, 22 Jul 2008 10:24:52 EDT Volkswagen picked Chattanooga for its U.S. assembly plant that will employ about 2,000 workers and make a new midsize sedan as part of a plan to triple sales in the U.S. by 2018. http://hk.ibtimes.com/articles/20080716/volkswagen.htm Wed, 16 Jul 2008 17:41:47 EDT Toyota is acquiring land in Brazil for a new plant and is studying plans to build compact vehicles there as early as 2011 — the latest in an aggressive drive by automakers in emerging markets. http://hk.ibtimes.com/articles/20080716/toyota-brazil-land-plans-plant.htm Wed, 16 Jul 2008 17:41:47 EDT Toyota Motor Corp., the seemingly unstoppable juggernaut that saw its U.S. sales double in the last decade, has come back down to earth. Stung by rare double-digit sales declines and burdened by a growing inventory of slow-selling pickups, Toyota said Thursday it will start producing the Prius hybrid in the U.S. and will shut down truck and SUV production to meet changing consumer demands. http://hk.ibtimes.com/articles/20080715/toyota-hybrid-prius.htm Tue, 15 Jul 2008 16:10:10 EDT Toyota Motor Corp., the seemingly unstoppable juggernaut that saw its U.S. sales double in the last decade, has come back down to earth. Stung by rare double-digit sales declines and burdened by a growing inventory of slow-selling pickups, Toyota said Thursday it will start producing the Prius hybrid in the U.S. and will shut down truck and SUV production to meet changing consumer demands. http://hk.ibtimes.com/data/articleimgs/2640-.jpg http://hk.ibtimes.com/articles/20080711/toyota.htm http://hk.ibtimes.com/articles/20080711/toyota.htm Fri, 11 Jul 2008 06:15:14 EDT A last-minute no-interest financing offer and strong sales of some cars helped General Motors Corp. keep its U.S. sales over Toyota Motor Corp. last month, but it was still the worst June for the industry in 17 years and a harbinger of more misery ahead. http://hk.ibtimes.com/data/articleimgs/2532-.jpg http://hk.ibtimes.com/articles/20080702/car-sales.htm http://hk.ibtimes.com/articles/20080702/car-sales.htm Wed, 02 Jul 2008 16:23:35 EDT Nearly all the major automakers reported steep sales declines for June, but for General Motors at least there was consolation: Toyota, its leading international competition, had it worse. http://hk.ibtimes.com/data/articleimgs/2521-.jpg http://hk.ibtimes.com/articles/20080702/june-car-sales-plummet-automaker.htm http://hk.ibtimes.com/articles/20080702/june-car-sales-plummet-automaker.htm Wed, 02 Jul 2008 11:37:41 EDT The worsening U.S. auto sales slump hit Chrysler LLC again Monday as it announced plans to close one St. Louis-area factory and cut a shift from another because of declining demand for minivans and pickups. http://hk.ibtimes.com/articles/20080701/chrysler.htm Tue, 01 Jul 2008 08:25:23 EDT Every morning, just after getting coffee, Mark Fields fires up his laptop to pore over a computer model showing real-time U.S. auto sales figures. http://hk.ibtimes.com/articles/20080630/automaker.htm Mon, 30 Jun 2008 07:28:23 EDT Toyota may scale back its ambitious target of selling more vehicles in the United States this year than it did in 2007, as damage from an economic slowdown and soaring oil prices becomes more fully known. http://hk.ibtimes.com/articles/20080625/toyota.htm Wed, 25 Jun 2008 14:25:30 EDT General Motors Corp. told dealers Monday it plans to raise prices on 2009 models by an average of 3.5 percent despite a tough market that is forcing the automaker to cut production and discount its 2008 models. http://hk.ibtimes.com/articles/20080625/.htm Wed, 25 Jun 2008 14:05:30 EDT General Motors Corp. told dealers Monday it plans to raise prices on 2009 models by an average of 3.5 percent despite a tough market that is forcing the automaker to cut production and discount its 2008 models. http://hk.ibtimes.com/data/articleimgs/2405-.jpg http://hk.ibtimes.com/articles/20080624/.htm http://hk.ibtimes.com/articles/20080624/.htm Tue, 24 Jun 2008 09:03:30 EDT Faced with a continuing plunge in pickup truck and sport utility vehicle sales, Ford Motor Co. on Friday tried to deal with the mess by delaying production of the new F-150 pickup truck and announcing further factory cuts. http://hk.ibtimes.com/articles/20080622/ford-sales.htm Sun, 22 Jun 2008 20:10:27 EDT The market for hybrid full-size sport utility vehicles may be small, but Chrysler LLC is determined to get a piece of it, saying Tuesday that its new hybrids will be nearly $8,000 less than competitors from General Motors Corp. http://hk.ibtimes.com/articles/20080618/merge.htm Wed, 18 Jun 2008 08:54:12 EDT Toyota is laying off 200 temporary workers and slowing production at its San Antonio truck plant. http://hk.ibtimes.com/articles/20080618/toyota.htm Wed, 18 Jun 2008 08:54:12 EDT Nissan plans to boost annual sales in China by 64 percent to 1 million vehicles by 2012, a senior executive said Monday. http://hk.ibtimes.com/articles/20080617/nissan.htm Tue, 17 Jun 2008 11:33:08 EDT General Motors Corp. and Ford Motor Co. agreed to export more North American-built vehicles and parts to China in separate agreements signed Monday in Washington. http://hk.ibtimes.com/articles/20080617/ford-export.htm Tue, 17 Jun 2008 09:33:08 EDT Honda Motor Co. has begun commercial production of its new zero-emission, hydrogen fuel cell car, called the FCX Clarity. The midsize four-seat sedan, which runs on hydrogen and electricity, emits only wator vapor and none of the gases believed to be responsible for global warming. http://hk.ibtimes.com/articles/20080616/honda.htm Mon, 16 Jun 2008 15:33:08 EDT