British vanmaker LDV is back in administration after potential Malaysian rescuer Weststar walked away from a takeover.
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Magna International said on Wednesday it expected to complete its takeover of Opel in September but the German government made clear the door remained open to rival bidders.
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General Motors is offering some dealerships $100,000 to $1 million to wind down their businesses over the next 17 months, according to three sources familiar with the proposals.
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Magna International aims to close a deal with General Motors over its Opel unit by the end of September, Magna's co-CEO Siegfried Wolf said on Wednesday.
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British vanmaker LDV is back in administration after potential Malaysian rescuer Weststar walked away from a takeover.
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Saab has narrowed talks with potential buyers to two, the carmaker's top executive was quoted as saying in a Swedish business daily newspaper.
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General Motors' planned disposal of a 65 percent stake in Opel to a consortium led by Magna International could take another six months, a lawyer involved in the process said on Tuesday.
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DEARBORN, Mich., June 3, 2009 - It's an everyday maneuver that can add stress and elevate blood pressure in novice and veteran drivers alike. It's parallel parking.
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DEARBORN, Mich., June 3, 2009 - Ford's all-new 2010 Ford F-150 SVT Raptor will be making its Hollywood debut on June 23 when a new feature film about the ultimate production off-road performance truck hits the silver screen.
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Among consumers who plan to purchase a vehicle in the near future, select entertainment- and connectivity-related features are among the most desired technologies for their consideration, according to the J.D. Power and Associates 2009 U.S. Automotive Emerging Technologies Study(SM) released today.
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The Tengzhong company confirmed that negotiations were underway with General Motors to acquire the Hummer brand. If all goes well, and we should have an answer before the end of the third quarter this year, not only will the famous brand survive, but it could also thrive.
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Quebec's own Bruno Spengler, a Mercedes-Benz factory driver, is sharing exclusive comments with Auto123.com readers following his second-place finish at Lausitzring, Germany, last Sunday.
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Team president John Howett insisted on Wednesday that Toyota wants to commit to formula one until "at least the end of the 2012 season".
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FIA president Max Mosley on Wednesday sounded unlikely to end Formula 1's political conflict by surrendering to the existing teams' demands.
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The roads are about to get more crowded at the wrong time for Western semi truck manufacturers. European commercial vehicle sales slumped by a record 42.4 percent in April, and companies such as Scania, Volkswagen, Volvo, DAF and Iveco say they are suffering badly.
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NAVTEQ, the leading global provider of digital map, traffic and location data for in-vehicle, portable, wireless and enterprise solutions, today announced that Daimler Trucks North America LLC, a top medium- and heavy-duty truck manufacturer, has selected the NAVTEQ map to power the new RunSmart Predictive Cruise solution for its Cascadia(TM) line of vehicles.
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NAVTEQ, the leading global provider of digital map, traffic and location data for in-vehicle, portable, wireless and enterprise solutions, today announced that Daimler Trucks North America LLC, a top medium- and heavy-duty truck manufacturer, has selected the NAVTEQ map to power the new RunSmart Predictive Cruise solution for its Cascadia(TM) line of vehicles.
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Two iconic names are bidding to return to formula one's front line in 2010 to contest the World Championship.
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Canadian Robert Wickens will rejoin the Carlin team this weekend, at the Hockenheim round of the 2009 Cooper Tires British F3 International Series.
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Poland could be among the next names to feature on future formula one calendars. Meanwhile, the Turkish race is possibly in danger.
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