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Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping salesStellantis CEO Carlos Tavares is resigning after nearly four years. The company, which includes brands like Jeep and Citroen, is currently ...- Citroen bets on 'Basalt' to boost India playFrench carmaker Citroen aims to revive its fortunes in India with the Basalt, a mid-size coupe SUV set to launch in the second half of this...
- India likely to bag 40% of jobs lost to layoffs globally; Mojocare funders flag financial finaglingSome good news to chase away the Monday blues. Remember the thousands who lost their jobs globally? According to experts, a big chunk of th...
- Tech Mahindra to Acquire Fabled Car Designer PininfarinaTech Mahindra has agreed to acquire Italian car designer Pininfarina, which has designed cars for Ferrari, Maserati, Rolls-Royce and Cadill...
- Fiat already looking beyond Chrysler to OpelItalian automaker Fiat, not satisfied with a deal with ailing US giant Chrysler, already has its sights on Germany's Opel in the conviction...
- US urges swift G7 actions to save global economyThe United States urged the leading industrialized nations to act swiftly to rescue the global economy as it readied measures to stimulate ...
- Fiat says needs partner; auto merger round eyedItalian carmaker Fiat said it is too small to survive alone, heightening prospects of mergers in an industry battered by the economic crisi...
- More job cuts hint of a global recessionMore govts announced their readiness to intervene to protect businesses from the fallout. BSE Gainers: Group A, B | NSE Gainers | Sectoral:...
- More job losses darken global economic outlookNews of fresh job cuts worldwide and a strong jump in US unemployment on Thursday darkened the global economic outlook and sent financial m...
- France slashes auto jobs as crisis hits manufacturingFrance's flagship car manufacturer PSA Peugeot Citroen slashed 3,550 jobs as the global economic crisis cut a swathe through the world's au...
- France slashes auto jobs as crisis hits manufacturingFrance's flagship car manufacturer PSA Peugeot Citroen slashed 3,550 jobs on Thursday as the global economic crisis cut a swathe through th...
- Governments scramble to protect jobs as losses mountGovts scrambled to cushion the impact of the finance crisis with France launching a sovereign wealth fund and China unveiling a jobs protec...
- European car sales slump by 14.5%New car sales in Europe slumped 14.5 per cent in October, the sixth consecutive monthly drop as the economic crisis takes hold, the Europea...
- EU backs car industry call for soft loans for R&DEU backed a call by Europe's carmakers for $50.98 bn in soft loans to help develop cars which meet toughening EU CO2 emissions targets.
- World leaders pledge financial reform as gloom deepensUS President Bush has urged nations to recommit to free markets despite the turmoil. 2008: Year of global crisis | Survive crisis I World's...
- Finance crisis inflicts more pain as recession fears growThe global financial crisis inflicted more pain on a wide range of corporate sectors, prompting heavy losses in stock markets, while the IM...
- World leaders urge financial reforms as gloom deepensWorld leaders called for an urgent overhaul of international financial systems and China demanded stricter regulations in the face of drama...
- Recession alarm rings around the worldArcelorMittal, the world's biggest steel producer, called a temporary halt to production in France, Germany and Belgium. Financial Slowdown...
- SAIC Motor merger with Nanjing Auto aimed at global marketsThe merger of two of China's state-run auto makers comes as its domestic market booms and as the quickly accelerating nation gears up to co...
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