Auto Sector

Volvo releases details of the S60 concept

Volvo has released pictures and details of its new S60 concept car - resembling a coupe with four doors – which will probably be introduced at the 2009 North American International Auto Show next month, hinting at being due in 2010.

Paulson says bailout for automakers under consideration

In an interview on CNBC television, US Treasury Secretary Henry Paulson said on Tuesday that the Treasury and the White House are reviewing financial data from the automakers in considering options for a bailout, which will enable automakers to receive a federal aid package once the government drafts a suitable plan to ensure the long-term survival of auto companies.

Toyota indefinitely postpones US Prius plant opening

Due to the downturn in the auto industry, the Toyota Motor Corp has indefinitely postponed the start of production at its plant in Blue Springs, Mississippi, thereby halting its investment in the project near $300 million. The plant was scheduled to begin production in 2010 and make the Japanese automaker's Prius hybrid car.

BMW reveals details of upcoming Z4 model

Perhaps one of the most exciting reveals at the 2009 North American International Auto Show will be BMW's aggressive and fresh-looking refresh of Z4 Roadster - joining the line of BMW's awkward naming scheme as Z4 sDrive30i! BMW has released the details and photos of the upcoming Z4 model.

Honda to cut 119,000 vehicles from North American production plan

Honda to cut 119,000 vehicles from North American production plan  Tripling its reduction for this

Pages