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Ford, GM post biggest drops, industry sales slump continues

Ford Motor Co. and General Motors posted the sharpest sales declines among major automakers as the industry headed toward its sixth straight monthly drop of more than 30 percent. Ford's March sales fell 42.1 percent and GM's were down 44.7 percent, for its fifth decline of more than 40 percent in the past six months.

Honda at the London motor show 2008

By James Foxall Motor Shows 23 July 2008 14:35 Honda came up with a genuine global surprise at the London motor show 2008 – with the OSM concept car that previews a potenital successor to the S2000. The Open Study Model is a junior roadster that bears an uncanny resemblance to the CR-Z concept. We suspect this could translate into a convertible version of the CR-Z, itself bound for production in 2010 as a hybrid coupe.

China automaker Brilliance halts Europe exports, executives say

Brilliance China Automotive Holdings Ltd., BMW AG's partner in China, has halted its car exports to Europe after its BS4 and BS6 sedan met with a cool reception, and there is no timetable for a resumption, senior executives said on Thursday. The head of Brilliance's former importer for Europe, Hans-Ulrich Sachs, told Automotive News Europe in March that another reason the automaker struggled is because it refused to lower the starting prices on the BS6 and BS4. "They didn't want to lose any money per car," said Sachs, the former boss of the now dissolved import company HSO Motors Europe.