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News // Autos

US transport department prosecutes Toyota with a record fine

The US transport department is asking Toyota to pay a record fine of $16.4m (£10.7m) for holding back information about faulty accelerator pedals.

06 April 2010 , 10:04BBC News21430

Volvo sold to Chinese Zhejiang Geely Holding Group

China's Zhejiang Geely Holding Group signed a $1.8-billion deal with Ford Motor Co. on Sunday to acquire the U.S. auto giant's Volvo car unit, the Xinhua news agency said.

29 March 2010 , 08:20RIA Novosti42480

Ford gets $5.9 billion loan from Department of Energy

The U.S. Department of Energy has granted Ford Motor Co. a $5.9 billion loan to help the automaker retool many of its factories, including …

21 September 2009 , 12:48louisville.bizjournals33131

Car Import Duty Law Comes Into Effect Today

Controversial higher tax on Russian car imports, which caused mass protests across the country in December, comes into force on Monday
12 January 2009 , 12:29Ksenia Kochneva19321

Loans to U.S. Automakers Delayed

Emergency loans for two of the American top automakers did not materialize Monday, but the Treasury Department said it would finalize the loans in time to meet the needs of the struggling companies, CNN reported
30 December 2008 , 10:12Ksenia Kochneva18510

New Import Duties on Cars in Russia

Russian PM has signed an order to approve new import duties on motor vehicles
10 December 2008 , 08:24Ksenia Kochneva21320

Nissan to Produce Low Precious Metal Catalyst

Nissan Motor Company Inc. has announced a new ultra-low precious metal catalyst that will cut in half the amount of precious metals used by car manufacturers
18 November 2008 , 11:34Jo Amey21810

Crisis Impact On Russian Car Market

The Russian GAZ Group has halted its LCV production, AvtoVAZ output break is not out the possibility
08 October 2008 , 11:47Ksenia Kochneva17630

Auto Market Crisis Is Near?

August was the most disappointing month in the industry's history, the experts still don't know whether the recovery will happen this year
12 September 2008 , 12:1217130

China's Car Sales Rose 17.41% In First 5 Months This Year

Passenger car sales in China in the first five months of 2008 rose 17.41 percent over the same period a year earlier...
09 June 2008 , 11:1912220

Pickup Is No More No.1

The pickup truck's ride as the dominant vehicle on the American roads has come to an end
04 June 2008 , 10:139520

Honda: New Gas-Electric Vehicle

Honda will sell a new, improved and affordable gas-electric hybrid in the U.S., Japan and Europe starting in early 2009...
21 May 2008 , 10:5110630

Saudi Arabia Protects Oil from Terrorist Attack

Saudi Arabia has started forming special security units to protect the kingdom's oil infrastructure
02 July 2007 , 13:219080

Iraq: Oil Resources Draft Law Almost Ready

Iraq's oil minister declared on Wednesday that a long-awaited draft law governing development
03 May 2007 , 09:599350

Oil Prices Dropped on Warmer Weather

Oil prices dropped below $60 in Asian trade Monday on warmer weather
12 March 2007 , 10:378910

Oil Prices Rose On Warmer Weather

Oil prices were higher in Asian trade Monday as temperatures fell in the United States
22 January 2007 , 11:228430

Ukraine Couldn't Agree With US Firm On Black Sea Offshore

Ukraine's government commission on Friday failed to approve a draft production sharing agreement with Vanco Energy
16 January 2007 , 11:0611940

Oil Prices Climbed Up on Cold Winter Forecast

Oil prices rose above $61 a barrel Wednesday
29 November 2006 , 09:218370

Gold Continues To Rise

Gold rose for a second day in London on speculation jewelers
16 November 2006 , 15:027190

Russia Made Gazprom Monopoly

The European Union has called for greater access to Russia's gas pipeline network
07 July 2006 , 11:4610450

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