Seoul - Cash-strapped South Korean carmaker Ssangyong Motor Co on Tuesday halted production for an unspecified period as its suppliers cut deliveries.
Production was stoped at its vehicle and motor plants at Pyongtaek, about 60 kilometres south of Seoul, the company said.
Several component suppliers halted deliveries, fearing that the SUV maker would not pay its bills after a court on Monday froze Ssangyong's debts, assets and obligations.
Ssangyong, the smallest of South Korea's five carmakers, on Friday filed for bankruptcy protection, and a court decision is still outstanding. If rejected, the company, which is 51 per cent owned by China's Shanghai Automotive Industry (SAIC), faces breakup.
Detroit, Michigan - With a worldwide recession driving car sales sharply lower, this week's Detroit Auto Show left most carmakers touting cheap, fuel-efficient and even electric cars as the wave of the future.
It took quite a long time for the Ford designers to create the latest concept car, the Lincoln C concept car of the future. 
Stuttgart - Fiat chief marketing officer Luca de Meo is to join Germany's Volkswagen grou
Leading auto-major, Mahindra & Mahindra (M&M) have added another feather to its cap.
Detroit - General Motors Corp cannot rule out the possibility that it will need another cash injection from the US government, which threw ailing automakers a lifeline late last year, GM's chief executive Rick Wagoner said at the Detroit auto show on Monday.
