#IndustryNews

When Henry Ford introduced the moving assembly line more than a century ago he revolutionized automotive production and ultimately changed the world. But now Honda is turning his time-tested method on its head.

Nissan and Mitsubishi have officially joined forces to share technology, vehicle platforms and more.

Major changes could transform Japan’s automotive business in a major way over the next five years.

Out with the old, in with the new. Japanese automaker Suzuki is getting a fresh president and chief operating officer.

It’s no secret Fiat Chrysler Automobiles CEO Sergio Marchionne wants consolidation in the car business. He’s actively trying to find another company to merge with and he’s even looking in his own backyard.

The details surrounding the massive Takata airbag recall are coming to light. 

Aston Martin dealers can now relax thanks to a new exemption granted to the brand from NHTSA. 

One of Germany’s most famous automotive destinations now belongs to a Russian billionaire.

The National Highway Traffic Highway Safety Administration has slapped Ferrari with a large fine over failing to submit early warning reports. 

Hyundai announced today that total sales of the Elantra compact car are past 10 million worldwide.

It definitely seemed there was more going on at this year’s North American International Auto Show in Detroit; more buzz, more pizzaz, more enthusiasm. There were over 40 product unveilings, including some highly anticipated new models like Cadillac’s ATS, Acura’s NSX and Ford’s new Fusion, just to name a few.

With fewer and fewer quality, low-mileage used cars on the market (thanks to slowed production output and reduced sales over the past few years), those who are looking towards saving some money are finding that buying a new car is costing roughly the same as buying a used one. In fact, in many cases, a new car is actually cheaper.

According to Anfavea, Brazil’s national automobile manufacturers association, a total of 3.45-million vehicles will be sold by the end of 2010, which gives Brazil the number four spot for vehicle sales, behind China, U.S.A. and Japan. Germany now places fifth.

The Ann Arbor, Michigan based Center for Automotive Research (CAR), recently complied a study that illustrated that the orderly, structured bankruptcies of General Motors and Chrysler, conducted with financial assistance from the U.S., Canadian and Ontario governments, helped result in the saving of more than 1 million jobs during 2009.

In the old days, fierce brand loyalty was a given when it came to car sales and it was often handed down through generations – i.e. your grandfather drove a GM product, your dad drove a GM product and so did you.