Carmaker News

Mazda has been forced to calm investors following reports that its 30-year alliance with Ford may be coming to an end.

Lada cars could make a return to the UK on the back of a new range of modern cars still under development, so it will not be any time soon.

Volkswagen briefly became the world's most valuable company yesterday after a remarkable surge in its share price.

Honda is the latest carmaker to announce production cuts after axing volumes at its Swindon plant.

Nissan has been stung by claims on the BBC's Watchdog programme that its Navara pick-up suffers from a fault that causes the engine to explode.

Self-registering vehicles in the current tough trading market could push residual values into freefall, Simon Elliott, the new director of Volkswagen's UK commercial vehicles operation, has warned.

Hyundai has reported a 38 per cent drop in quarterly profits.

Six months on from its £1.15bn takeover by Indian carmaker Tata, UK luxury brand Jaguar is being left to get on with its business boosted by confident dealers buoyed by the success of the new XF model.

Renault, Daimler, and Fiat have scaled down their profits forecasts amid further signs of slowing economies and falling demand from car buyers.

Nissan believes the demand for larger cars will return and the sector will survive the economic downturn.