Foreign Automakers
Foreign Car Company Stories - Germany, Japan, Korea, More
June 25, 2009 - Daimler Group, Stuttgart Germany
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Daimler Fights for Its Future The Mercedes-Benz parent is harder hit than some automakers because it lost years to underinvestment and the Chrysler debacle |
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June 19, 2009 - VW & Porsche, Frankfurt Germany
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VW Moves In for Kill on Porsche When Wolfgang Porsche learned that his family’s sports-car maker, once bent on taking over Volkswagen, now had to beg its giant rival for money, he looked as if he were going to faint. |
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Update June 29 - Porsche Rejects VW Offer |
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May 25, 2009 - European Automakers
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| Europe Feels the Strain of Protecting Workers and Plants |  |
May 18, 2009 - Auto Industry in China
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| As Detroit Crumbles, China Emerges as Auto Epicenter |  |
May 17, 2009 - Fiat Group, Turin Italy
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Fiat's New Prospects Dazzle Italy Formerly Struggling Automaker Aims to Be World's Third-Largest - And nobody is more surprised than the Italians. |
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May 5, 2009 - Fiat and Opel Deal, Berlin Germany
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Fiat Works Toward Deal for Opel Chrysler Partner Looks to Expand With Stake in GM's German Unit |
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April 29, 2009 - Toyota City Japan
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| Toyota’s Troubles Slam Japan’s Motor City |  |
April 23, 2009 - Fiat & Opel, Turin Italy
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| Fiat Weighs Buying Stake in G.M.’s Opel Unit |  |
April 20, 2009 Shanghai Auto Show 2009 - Shanghai China
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| China Influence Grows With Car Sales |  |
April 16, 2009 - McLaren Group, Woking U.K.
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| McLaren restructures Group to create independent McLaren Automotive company |  |
| Ron Dennis, Executive Chairman of McLaren Automotive, and Richard Lapthorne, Non-Executive Chairman of McLaren Group, at the McLaren Technology Centre | |
April 3, 2009 - Porsche Valmet Factory, Uusikaupunki Finland
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Porsche Finds Fortune From Unlikely Outsourcing in Finland Porsche is a major virtual vehicle manufacturer, a company that designs and markets sports cars without actually cranking them all out on its own production line. |
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April 1, 2009 China Electric Car Companies
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China Vies to Be World’s Leader in Electric Cars Chinese leaders have adopted a plan aimed at turning the country into one of the leading producers of hybrid and all-electric vehicles within three years, and making it the world leader in electric cars and buses after that. |
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March 29, 2009 - PSA Peugeot Citroën, Paris France
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| Peugeot Fires Its Chief Executive Christian Streiff |  |
March 23, 2009 - Tata Motors, Mumbai India
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| Six years after the idea was hatched, India’s much-hyped $2,500 Tata Nano was introduced on Monday. |  |
March 22, 2009 - Saab - Trollhattan, Sweden
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| No Saab Bailout From Sweden - "Tough Luck" |  |
February 24, 2009 - Akio Toyoda and Toyota Motor, Tokyo Japan
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A Scion Drives Toyota Back to Basics Akio Toyoda, has a sobering message for the giant company founded by his grandfather: It has gotten too fancy for its own good. |
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February 23, 2009 - Ssangyong Motor, Seoul South Korea
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| In Carmaker’s Ssangyong Motor Collapse, a Microcosm of South Korea’s Woes |  |
| A Ssangyong Motor worker sits beside the stopped company's assembly line. | |
February 23, 2009 - Honda Motor Company, Tokyo Japan
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Honda Names New Chief Executive Takanobu Ito, 55, an engineer with American experience, will succeed Takeo Fukui as part of a wider management reshuffle, Honda announced. |
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February 5, 2009 - Porsche Enthusiasts
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| Seeds That Grew Into Porsche Legacy |  |
January 20, 2009 - Toyota Motor Company, Tokyo Japan
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Grandson of Toyota Founder Will Lead Toyota Motor on Tuesday named as its next president, Akio Toyoda, the grandson of the company’s founder, returning leadership to the founding family to steer the Japanese auto giant through its roughest downturn in more than 70 years. |
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Update February 14, 2009 |
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January 19, 2009 - French Government, Paris France
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French Auto Maker Aid Hinges on Jobs The French government is working on an aid package for domestic car makers Renault SA and PSA Peugeot Citroën, but the chief condition -- that they close no French factories -- remains contentious. |
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January 12, 2009 - Detroit Auto Show, Detroit MI
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| A Small Showing, but With Big Dreams - For the first time, two Chinese carmakers are exhibiting this year on the main floor of the Detroit auto show |  |
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Update January 16, 2009 |
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January 9, 2009 - Ssangyong Motor Company, Seoul South Korea
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| Ssangyong Motor, the South Korean unit of the largest Chinese automaker, filed for bankruptcy protection Friday, becoming the first major casualty among Asian carmakers as demand plunged and credit dried up. |  |
January 7, 2009 - America's Foreign Automaker Capitals
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| America's Foreign Automotive Capitals - Forget the Big Three and Detroit Foreign automakers have transformed several Southern towns....with more to come. |  |
January 6, 2009 - Hyundai Motor America, Fountain Valley CA
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Hyundai gives recession-fearful buyers a way out Those who finance or lease a new vehicle in the next 12 months can return it if they 'experience an involuntary loss of income' within a year. |
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January 6, 2009 - Nissan Dealers, Detroit MI
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| Nissan Asks (Tells) Its Dealers to Skip Detroit Show |  |
January 5, 2005 - VW and BMW
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| Struggling Big Three auto makers, accustomed to intense competition from their Japanese rivals, face a new challenge from European auto makers. |  |
January 5, 2009 - Toyota Motor Company, Tokyo Japan
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Toyota's Test Can the Japanese giant retool its strategy? |
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December 31, 2008 - Pininfarina Family, Milan Italy
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| Car design Pininfarina family to sell in debt deal |  |
Andrea Pininfarina |
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December 31, 2008 - Toyota Motor Company - Tokyo Japan
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| Amid the worldwide economic downturn and the dollar's nosedive against the yen, Toyota Motor Corp. is facing a turning point in the aggressive overseas strategy that until now has powered its growth. |  |
Toyota Sales Cooling Off |
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December 29, 2008 - Ssangyong Motor Company, Seoul South Korea
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| Ssangyong Motor Company, the ailing Korean automaker, and its Chinese majority shareholder, the SAIC Motor Corporation, are seeking help from the South Korean government to stave off a collapse of the company. |  |
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Updated January 5, 2009 |
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December 27, 2008 - Mini Cooper, Frankfurt Germany
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| Mini aims for a one-digit percentage growth rate this year, bucking the overall trend in the industry. |  |
December 22, 2008 - Toyota Tundra Production, San Antonio TX
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| Sales are off and production is down, so workers at the Toyota Tundra truck factory here are taking classes: how to handle tools safely, how to get along better with colleagues of varying backgrounds. Some have even cleaned local parks and fed the hungry while collecting Toyota paychecks. |  |
December 22, 2008 - Toyota Motor, Tokyo Japan
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| Toyota Motor announced Monday that it expected the first loss in 70 years in its core vehicle-making business, underscoring how the economic crisis is spreading across the global auto industry. |  |
| Toyota’s president, Katsuaki Watanabe | |
December 18, 2008 - Porsche, Frankfurt Germany
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| Germany's Porsche Automobil Holding SE expects its car sales to decline in the fiscal year 2008/09 as the global economic crisis hurts demand around the world. |  |
December 18, 2008 - Jaguar - Land Rover, UK
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| Jaguar Land Rover, the car manufacturer, has held talks with the Government about a possible US-style bailout, it emerged last night just as Chrysler said that it would halt all American vehicle production for at least a month. |  |
| December 17, 2008 - Guangzhou Automobile Group, Guangzhou City China | |
| Chinese automakers consider poaching talent from US Big Three |  |
| December 15, 2008 - Toyota Motor Corporation, Blue Springs Miss. | |
| Toyota Motor Corp. plans to indefinitely suspend the production start at its newest plant in Blue Springs, Miss., the Associated Press reported Monday. |  |
December 15, 2008 - European Car Companies, Munich Germany |
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| Global Car Industry Fearful for Detroit ......Ford and G.M. employ a combined 120,000 workers across Europe and together sold roughly four million cars there last year. Nearly a quarter of the G.M. sold worldwide in 2007 were purchased by European customers. |  |
| December 12, 2008 - Honda Motor Company, US Production Plants | |
| Honda Motor Co. Ltd. is reducing production again in response to dwindling sales. |  |
December 10, 2008 - Tesla Motors, San Jose CA
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| Tesla Motors' plans to build an electric-car factory in San Jose could be delayed by the proposed Big Three auto bailout, a high-ranking Tesla executive said Wednesday. |  |
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Update January 29, 2009 |
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December 10, 2008 - Foreign Automakers
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| There has been no shortage of opinions throughout the debate over a federal bailout for Detroit’s struggling automakers. But one group has been notably silent: foreign car companies. |  |
| December 10, 2008 - BMW Chief Executive Officer Norbert Reithofer, Munich Germany | |
“You can’t underestimate what would happen when a large player collapses” BMW will benefit from U.S. Bailout Plan
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| December 9, 2008 - Volkswagen Financial Services, Braunschweig Germany | |
| Volkswagen Financial Services AG, a unit of Volkswagen AG that helps customers finance cars, has applied for government aid under Germany’s bank bailout program. |  |
December 8, 2008 - Honda Motors, Tokyo Japan
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| Honda Motor Co. Ltd. chief executive Takeo Fukui said in Tokyo the company has decided to sell or shut down the Honda F1 Team "in the light of the quickly deteriorating environment facing the global auto industry." |  |
December 7, 2008 - Audi, Frankfurt Germany
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| Audi, which dropped out of the American Le Mans Series last week, has also pulled out of the troubled sailing project Team Germany that had been hoping to challenge in the America's Cup. |  |
December 5, 2008 - Audi, Frankfurt Germany
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| Audi is pulling out of the American Le Mans Series, ending a dominating nine-year run in which its cars won the LMP1 class championship every season. |  |