INDUSTRY NEWS

Toyota halves production, shuts manufacturing plants
Expecting its first official operating loss in six decades, the automotive superpower has slashed production in Japan and America.

Hyundai braces for busy year
Koreans attempt to crack six figures with a cornucopia of new cars over the next 12 months or so

Ford: We could close before 2016
Ford admits it could cease manufacturing in Australia months or even years ahead of its original 2016 schedule.

Car industry slams ‘dire’ tax changes
Another nail has been hammered into the coffin of the Australian motoring industry – and it’s the Federal Government that’s swinging the hammer.

Gone! Toyota to leave Oz by 2017
Toyota has announced it will follow Ford and Holden and cease manufacturing in Australia by 2017.

Holden to cut wages, axe more staff
Holden will ask its workers to take pay cuts or voluntary redundancies as it looks to secure its manufacturing future in Australia.

Ford Australia timeline
Wheels looks back at the history of Ford Motor Company in Australia.

Ford Falcon dead by 2016
It’s official – The Ford Falcon, one of Australia’s oldest and most iconic nameplates, will die in 2016.

Aussie-made Fords to finish in 2016
Ford’s Australian manufacturing operations to wind up in October 2016 as company announces new era of full-line importation.

Ford Australia closes down
Shock! Ford Australia will close its Australia factories. After years of dwindling sales, and no sign of recovery, Ford Australia has decided to abandon local manufacturing in Australia.

V8 power saves electric car
In a delicious dose of irony, struggling electric car maker Fisker looks to have been saved by a petrol burping, tyre shredding V8.

Breakdown: Holden’s $2 billion in funding
Holden’s decision to cut 500 jobs has seen it make headlines around the world – with many outlets focusing strongly on the brand’s hefty government funding.

Holden axes 500 jobs
Just two months from the launch of its new VF Commodore, Holden will cut 500 jobs from its plants in South Australia and Victoria.

Ferrari profits soar thanks to three of its top models
Ferrari has recorded a significant increase in both profits and sales thanks to three of its top models

Saab sold – to Koenigsegg!
Saab stays in Swedish hands.

US Mail – Trainer wheels
Wheels US correspondent John Lamm updates us on the latest mishaps and money problems in Motown.

Heir to a shaky throne
Toyota CEO takes massive 30 percent paycut, predicts another two-years of financial loss.

The resurrection of Chrysler
Forty two days. That’s how long it took to bring bankrupt Chrysler back from the brink …

The many GMs of General Motors
The new New GM chairman is former AT&T chief Edward Whitacre, Jr.

The calm after the storm
Holden’s American-born boss steps up to the plate swinging at the official Holden media briefing at Fisherman’s Bend this morning. Wheels’ Bruce Newton reports.

US Mail: The consequences of GM’s actions
From faultlines to full ‘quake: Wheels’ US correspondent John Lamm analyses the aftermath of the General Motors collapse.

Saab saved by fellow Swede?
Saab may be bought out by fellow automaker and supercar company Koenigsegg.

Holden stands alone
It’s business as usual for Holden, despite its parent company going under.

Broke and broken
GM files for bankruptcy protection with an unmovable deficit of $US172.8 billion in debts. The Official GM statement
