INDUSTRY NEWS

Toyota can’t guarantee staying to 2017
Toyota could leave Australia before its 2017 deadline, with the company refusing to guarantee it won’t shut its factories early

Yaris recall is 45,000-plus cars
Toyota Australia has confirmed that it’s recalling more than 45,000 Yaris sedans and hatchbacks to rectify a potentially dangerous seat belt pretensioner glitch.

Toyota gets behind local industry
Toyota Australia recently announced that it will pour $123 million into its local manufacturing operations as it prepares to build what it says is a major facelift vehicle from 2015.

New Safety Standards for the European Union
EU mandates stability systems and efficient tyres from 2011.

Oz’s cheapest car axed
Australia’s cheapest car, the $9,990 Chery J1, is no more due to safety regulation changes.

Credit crunch
The fractured – nay, broken – American car market has forced Japan’s big four to turn to its government for financial assistance.

Report: Holden quits Oz by 2016
Today was supposed to be the day that Holden’s great export hope was launched in the US city of Palm Springs.

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.

Holden bullish despite Ford closure
Ford’s announcement that it will cease local manufacturing has taken Holden entirely by surprise, and given its VF Commodore launch a black eye.

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.

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.