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FT.Com - Autos
FT.Com - Automobile Industry
| Dec 05, 2008 |
Honda quits F1 as financial crisis bites
Sport's financial crisis deepens as the Japanese carmaker breaks the news that it is pulling out of Formula One, prompting flood of calls from staff to other racing teams
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| Dec 05, 2008 |
Titans of Detroit eat humble pie
When the titans of Detroit came to Washington DC two weeks ago, they were as imperious as ever. At that time, Alan Mulally of Ford, Robert Nardelli of Chrysler and...
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| Dec 05, 2008 |
Big Three bail-out gathers speed in Congress
Members of the US Congress yesterday gave the Big Three US carmakers' request for billions of dollars in federal aid a far warmer welcome than just two weeks ago in an...
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| Dec 05, 2008 |
Nissan halts production on three Fridays
In a move that underlines the severity of the downturn in global car demand, there will be no vehicle production today at Nissan's Sunderland site, widely regarded as...
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| Dec 05, 2008 |
Ford does not expect liquidity crisis
While the three US carmakers are usually lumped together as the Detroit Three or the Big Three, events this week have exposed a gulf between Ford Motor and its more...
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| Dec 04, 2008 |
Titans of Detroit eat humble pie
When the titans of Detroit came to Washington DC two weeks ago, they were as imperious as ever. That sales approach did not work so well. So the three men came back with a more humble attitude
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| Dec 04, 2008 |
Big Three open to oversight
Members of the US Congress gave the Big Three US automakers' request for billions of dollars in federal aid a far warmer welcome than just two weeks ago in an indication that a bail-out of Detroit may be gaining political momentum
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| Dec 04, 2008 |
Carmakers deny bankruptcy plans
General Motors and Chrysler reiterated their opposition to Chapter 11 filings after reports that they were planning pre-arranged bankruptcy proceedings as the last-resort price of securing a federal bail-out
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| Dec 04, 2008 |
Ford's strength splits the big three
While the three US carmakers are usually lumped together as the Detroit Three or the Big Three, events this week have exposed a gulf between Ford Motor and its more troubled rivals, General Motors and Chrysler
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| Dec 04, 2008 |
New auto sales in Brazil slump 25 per cent
Production has fallen even more sharply, by 34 per cent, as automakers adjust to a collapse in consumer sentiment following the onset of the global credit crisis
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| Dec 04, 2008 |
Argentine carmakers in $900m stimulus
The government move is a key part of a 13.2bn pesos stimulus package for Argentina's industrial and agricultural sectors, designed to kick-start slackening demand and protect jobs with subsidies and cheap longer term credits
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| Dec 04, 2008 |
Auto bankruptcy options
Detroit's carmakers and a divided Congress have nearly reached the point of ripping out their steering wheels and brake pedals as they hurtle towards one another
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| Dec 04, 2008 |
New car registrations plunge
Reduction in VAT and steep discounts from manufacturers and dealers fail to stop slump in the auto industry
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| Dec 04, 2008 |
MAN plans to reduce van production by 30%
MAN, the German industrial conglomerate, announced drastic measures yesterday to cut next year's truck production by 30 per cent, as the sector gears up for a lasting...
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| Dec 04, 2008 |
Drive-by looting
Getting a taste of how the other half lives, three middle-aged multi- millionaires parked their Gulfstream jets and yesterday opted for an eight-hour drive from...
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| Dec 04, 2008 |
VW chiefs made €25m from shares
Volkswagen's five executive board members made €25m ($31.7m) selling shares in the middle of a controversial share price spike at Europe's largest carmaker. The...
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| Dec 03, 2008 |
Detroit paints an increasingly bleak picture
For those inured to the Detroit car industry's worsening problems, the business plans presented to Congress by the carmakers as back-up for their request for federal aid seemed to contain little that was new
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| Dec 03, 2008 |
Sweden rules out taking over carmakers
Stockholm will not nationalise Saab or Volvo, leaving their owners – General Motors and Ford respectively – to consider options, including a sale
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| Dec 03, 2008 |
Carmakers on a road to nowhere
The US motor industry should not be helped to stumble on through the downturn. Any state support should focus on forcing the Big Three to consolidate
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| Dec 03, 2008 |
US auto union makes concessions
The main car workers' union said that it would suspend a contentious practice that allows so-called 'idled' car workers to collect virtually full pay and benefits without working
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