Moldova.org - Auto

Ford says expects to clinch competitive UAW deal
Ford Motor Co. expects to secure a deal with the United Auto Workers union, although a strike by the union always remains a risk that puts the struggling No. 2 automaker in a stronger competitive position, Ford Vice President Joe Laymon told Reuters’ reporters at a news conference that marks the start of talks between the automaker and the union. Laymon said that Fords expects to get a solut more...

GM to invest $500 million in Argentinean and Brazilian operations
General Motors, the US based automaker, will invest $500 million in its South American operations. The company wants to develop a new generation of small vehicles for emerging markets; therefore, the investment includes the expansion of GM's Brazilian product development center which consists from a new engineering building in Sao Caetano do Sul and new equipment and infrastructure to support the more...

Porsche unwraps fastest-ever 911
Almost two months away from its official debut at the Frankfurt motor show, Porsche AG presents its most aggressive variant of the 911 sports car range: the 911 GT2. The vehicle is based on the existing 911 Turbo, and boasts 530 hp from the standard Turbo’s 480-hp, 3.6L boxer 6-cyl. The 911 GT2 has large air intakes in the nose, a unique rear spoiler, and an integrated rear diffuser. The aut more...

Subaru releases prices for 2008 Impreza 2.5i and WRX
Subaru of America has released the prices for its all-new models which are to be released in August, Impreza 2.5i at $16,995, and WRX at $24,350. Both models are available in two new body styles: a 4-door and a 5-door. Tim Colbeck, vice president of sales Subaru of America, Inc, said that the all-new Subaru Impreza delivers the best combination of driving performance, safety and fun in its cla more...

Ford to Unveil Kuga CUV at Frankfurt
Ford of Europe will unveil the all-wheel-drive Kuga cross/utility vehicle at this year’s Frankfurt motor show. The car is based on the Ford Iosis X concept shown at the 2006 Paris auto show, and will be underpinned by Ford’s C1 platform which supports the European Ford Focus and Volvo S40/V50. The auto maker says that the Kuga, which will be launched in spring 2008 in Europe and wi more...

Delphi wins Harley-Davidson contract
Delphi Corporation, an automotive aftermarket supplier based in the US has earned an important contract from prestigious motorcycle builder Harley-Davidson, according to which beginning with the 2008 model year, Delphi will supply antilock braking systems for the popular Touring and VRSC families of motorcycles that includes the select Touring models available in custom vehicle operations and poli more...

Audi locks up labor deal at Brussels plant
Audi AG reportedly reaches an agreement with labor at an assembly plant in Brussels that will cut costs 20% over three years by adding rising the work week to a total of 38 hours, and clear the way for production of the auto maker’s A3 car and upcoming even smaller A1. The deal also guarantees jobs for 2,200 of the 3,000 workers at the plant through the end of 2010, including provisions more...

America’s big three to hold contract talks with the UAW
Negotiators from Chrysler Group and the United Auto Workers began with handshakes and smiles official contract talks that are considered to be crucial to the survival of Detroit's three automakers. In reality, talks have been under way for months between the UAW and Chrysler, Ford Motor Co. and General Motors Corp., due to the multiple issues to address. After studies have shown that the Detroit a more...

Chrysler, UAW to mark start of contract talks
Chrysler Group, the first of the three U.S. automakers to reach a deal with the United Auto Workers union during the last round of labor talks in 2003, will mark the formal start of a summer of crucial contract negotiations with the UAW under intense pressure to break the model of business as usual for Detroit, informs Reuters. The union and Chrysler have already been in negotiations over retiree more...

Ford Europe H1 sales rise 4%
Ford's European division has reported a sales increase of 4.6% and market share of 8.9%, which represents 952,500 units for June and the first half of 2007. The division sold 169,000 vehicles in June across its main 21 European markets, which is an increase of 1.2%, and a market share high to 8.4%. Car sales for June were led by the in-demand Focus and Fiesta, and totaled 134,365 units. The all-ne more...