Global News

Aston Martin part-owner seeks gov't support

March 13 14:01 CET
Kuwait's Investment Dar, which owns half of Aston Martin, is applying for support under a government facility set up for troubled companies. Dar is seeking to borrow up to $1 billion to refinance its debt.... Read More »
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UK agrees on loan guarantee for Opel/Vauxhall

March 13 06:01 CET
Britain said it would provide a 270 million pound ($410 million) loan guarantee to Opel/Vauxhall to help secure the company's operations in the UK and the rest of Europe.... Read More »
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GM's Russia reorganization sparks fears at Opel

March 13 06:01 CET
Opel workers demanded reassurances that its European brand will not be disadvantaged at the expense of sister brand Chevrolet, after Opel lost responsibility for the Russian region to an Asian arm of General Motors Co.... Read More »
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Asia

Honda CR-Z orders in Japan hit 7,000 units, half annual sales target

12:01 am U.S. ET | March 14
Honda Motor Co. has racked up 7,000 orders in Japan for its new CR-Z sporty hybrid, which went on sale here Feb. 25. It will arrive in U.S. showrooms this summer. The tally is more than half Honda's annual sales target of 12,000 units in Japan.... Read More »
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China

Audi predicts strong Q1 sales after 19.9% rise in February

5:16 am U.S. ET | March 8
Audi expects to finish off the first three months of the year with robust sales following a good performance in February. Sales rose to around 75,900 vehicles last month, which was a gain of 19.9 percent from very weak sales in the year-earlier period when demand for premium cars slumped worldwide.... Read More »
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