Archive for January, 2010
SMMT says car industry faces bad year
Britain’s car industry has been warned to expect another difficult year after data released today showed that production fell by a third in 2009, to its lowest level in 25 years.
Only 999,460 new cars were produced in Britain during the past year, the Society of Motor Manufacturers and Traders (SMMT) announced. This is the lowest annual output since 1984 and 30.9% less than in 2008. Commercial vehicle manufacturers were hit even harder by the recession, with the number of new models produced falling 55% last year to 90,679.
Read moreDallas-Fort Worth new car sales fell 29.9% in 2009
The recession cut deeply into local new car and truck sales last year, which fell a dramatic 29.9 percent – one of the steepest declines in decades.
All four major counties in the Dallas-Fort Worth area reported drops of at least 25 percent in new vehicle sales from 2008 levels, according to The Freeman Metroplex Recap [...]
Hot cars in Detroit: Small, electric and sporty
More than any auto show in recent memory, the new cars rolled out this week out at the Detroit auto show will redefine what we drive in the future.
As the show opened to the public on Saturday, small cars that push the previous limits on gas mileage, performance, quality and looks took the spotlight.
But the show also features a fun gas-electric hybrid sports car and a just-plain-gorgeous convertible. And there’s an electric car that soon you’ll be able to buy.
Read moreBosch to close factory in Wales, loss of 900 jobs
German engineering giant Bosch is set to close a car parts factory in Wales with the loss of 900 jobs, said the company, blaming the economic downturn which has hit the automotive industry hard.
The division in charge of the plant near Cardiff will recommend to the firm’s board that production be phased out at the [...]
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