Toyota in the US has said that is adding 65,000 vehicles this summer to its planned production schedule.
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Chery Automobile Co has sold a 20% stake in its business to private equity groups, according to reports today.
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There were zillions of gaming aids at E3, but we only have room for three:
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Mazda Motor Europe has confirmed that Neil Stuart Warrior, Director of Public Relations, was a passenger on Air France flight 447 from Rio to Paris.
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General Motors will emerge a stronger, more competitive company after bankruptcy, but it will take time and the supply base will suffer along the way, and many may face bankruptcy themselves, according to the US-based Society of Automotive Analysts (SAA).
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As Chrysler and General Motors sort through messy restructuring processes in bankruptcy court, its worth noting that there is a bright light at the end of the tunnel for both companies, if everything goes well.
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The assembly of Opel branded cars in GAZ-owned Russian facilities may begin as early as the end of this year, according to a Russian government official.
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General Motors will retain responsibility for its pension plans for hourly and salaried employees under the bankruptcy reorganization plan worked out with the U.S. government.
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General Motors and Chrysler will save billions of dollars by eliminating a total of 3,400 underperforming dealerships selling discontinued brands over the next two years, GM CEO Fritz Henderson and Chrysler President James Press said today.
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General Motors CEO Fritz Henderson reluctantly agreed Wednesday to comply with a senator's request to turn over the bankrupt automaker's list of dealerships to be eliminated.
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While Magna is pressing ahead with plans to acquire GM's European Opel/Vauxhall operations, the deal could still unravel. The process of due diligence and funding issues pose the potential for hiccups.
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Magna International plans to revamp Opel's model lineup and return the carmaker to profit by 2011, the supplier's Co-CEO Siegfried Wolf said. Opel will become profitable "in about two years," Wolf said in a Bloomberg Television interview.
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General Motors and Chrysler LLC, both operating under Chapter 11 bankruptcy protection, will try today to ease congressional concern, and in some cases anger, over their plans to slash more than 2,400 dealerships.
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The CEOs of General Motors and Chrysler LLC told Congress today that slashing dealer networks were crucial for saving their companies. "We have no choice.
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Toyota will ramp up production of six of its best-selling models over the next three months. North American production will increase by 65,000 units over the previous plan for the three-month period.
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Toyota will ramp up production of six of its best-selling models over the next three months. North American production will increase by 65,000 units over the previous plan for the three-month period.
Full story...
Toyota will ramp up production of six of its best-selling models over the next three months. North American production will increase by 65,000 units over the previous plan for the three-month period.
Full story...
A little-known player in China's heavy machinery industry emerged from nowhere to agree to buy General Motors' Hummer brand, raising eyebrows among peers who question whether it can turn around the U.S. auto maker.
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The French government has warned the European Commission that it needs to ensure that the financial rescue of Opel does not put French based rivals at a competitive disadvantage.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up