Ford cuts 850 jobs as new car sales fall by 30%

MOTORING giant Ford is to axe up to 850 jobs in the UK on the day it was announced that new car sales had slumped by...

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BMW Targets 20,000 Car Sales In Russia 2009

. More than two thirds of the vehicles sold are in the upper class and luxury segments; while sales of models in the...

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General Motors,China FAW In Talks To Form Partnership

The two automakers plan to set up a light commercial vehicle joint venture, said an FAW official who declined to be...

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Toyota shuts down all but one assembly line

TOYOTA CITY, Japan (CNN) -- On what was to be a historic day halting all of Toyota's Japanese assembly lines,...

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India Government To Buy More Buses To Boost Auto Industry - Min

-(Dow Jones)- India's federal government will allocate funds to provinces to buy buses for urban transport as...

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