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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General Motors' Saab Automobile unit has narrowed talks with potential buyers for the loss-making Swedish brand to two, Saab's top executive was quoted as saying in a Swedish business daily on Tuesday.
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Chrysler is planning to reopen most of its factories by the end of June.
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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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With General Motors wavering on the future of its California joint venture with Toyota Motor Corp., the Japanese automaker may consider buying out GM's stake.
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The U.S. Senate is preparing to vote on a proposal to spur auto sales by underwriting some of the cost to consumers of buying fuel-efficient cars.
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Magna International Inc. is prevented by an agreement with General Motors from selling Opel cars in the United States and, for now, in China, the chairman of the Canadian auto parts company said today.
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The three Japanese automakers who partner with General Motors in one way or another -- Toyota, Suzuki and Isuzu -- intend to continue cooperating with the new GM when it emerges from Chapter 11 reorganization.
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With General Motors wavering on the future of its California joint venture with Toyota Motor Corp., the Japanese automaker may consider buying out GM's stake.
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To find a U.S. region where auto manufacturing is well placed to weather the storm in the American car industry, look south.
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Explosions, hooks and slides and the destruction of fluorescent light bulbs--all in the name of gaining attention for DC Shoes?
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At 8:15 a.m. on Monday, a General Motors executive gave hourly workers at its assembly plant in Pontiac the news they feared most: The plant would close by October, robbing most of them of their jobs.
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South Africa's automotive trade association NAAMSA has reported that South Africa vehicle sales in May declined 34.7% year-on-year to 25,819 units as the economic downturn continued to hit sales.
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In today's News Brake: Mini's new roadster concept is ready for Frankfurt, GM has a deal for Hummer, and the details on a very useful navigation unit...But Wait, There's More!
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Suzuki has warned it could lose hundreds of millions of dollars in loans to General Motors.
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Ford Motor Co. said U.S. sales fell 25.8 percent in May, its smallest monthly decline since July, as automakers waited to see how much the industry total may have been boosted by clearance sales at liquidating Chrysler dealerships.
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Ford Motor Co. and General Motors in May posted their smallest monthly sales declines since last summer, helping the overall U.S. industry improve again while Honda and Toyota dropped more than 40 percent. Overall sales fell 33.
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The participation agreements that surviving GM dealers sign will be used as a tool to reward dealer performance and weed out underperforming stores.
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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
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