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Friday December 5, 2008
German group reports fall in demand for luxury cars as it prepares to close down UK production of the Mini for a month
Nick Fry, the company's CEO, confirmed three buyers have already expressed an interest in taking control of the troubled team
Car bosses seek $34 billion in emergency loans but promise sweeping changes and say they will take only $1 a year in pay
Jenson Button and Rubens Barrichello will be without seats for next season unless a buyer for the Formula One team can be found
US car giants try to convince Senate they deserve lifeline, as General Motors says it will be out of cash by Christmas
Dire industry figures could trigger further production cuts as carmakers appeal to Government for financial help
Top job at automation and controls group gives industrialist his third boardroom position in the FTSE 100
Ron Gettelfinger hopes that measures will show willingness among lawmakers to rescue the American car industry
Sales of electric cars have fallen by more than half this year, with only 156 green cars being sold from January to October
The heads of Ford, Chrysler and General Motors have agreed to work for $1 a year in return for an emergency bridging loan
Chief executives of biggest carmakers in US have offered sacrifices in bid for $25bn Congress bailout
Shares in the US conglomerate rise despite the continuing impact of the finance business on the rest of the group
Car sales in Spain fell by almost 50 per cent last month, the biggest year-on-year fall since the country's recession in 1993
Japanese car sales have plummeted, confirming fears the country has crashed into its sharpest downturn since Second World War
Ford is prepared to sell Volvo in its attempts to convince Washington that it deserves to be bailed out with emergency loan
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