General Motors said it had reached a preliminary deal to sell its Hummer brand, part of its effort to shed half of its eight U.S. lines and leave bankruptcy court protection as a leaner company.
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U.S. Bankruptcy Judge Robert Gerber late Monday approved interim bankruptcy financing of $15 billion until the court can act on a GM request for total debtor-in-possession financing of $33.3 billion. Of the $33.3 billion, the U.S.
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The Chinese manufacturer planning to buy General Motors' Hummer will expand the brand's lineup -- including alternative powertrains -- and retain its U.S. dealers, Hummer CEO Jim Taylor said today.
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The Chinese manufacturer planning to buy General Motors' Hummer will expand the brand's lineup -- including alternative powertrains -- and retain its U.S. dealers, Hummer CEO Jim Taylor said today.
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Having owned two VW Westfalias in years past, I have an idiosyncratic fondness for vans bearing a "VW" badge. These quirky, questionably reliable examples of rolling berths remain tremendously popular today with freedom seekers travelling on shoestring budgets. But that's not the lucrative market that Volkswagen intends to target with its latest van.
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The new 1.6 TDI engine, delivering 77 kW (105 hp) in the Audi A3, reinforces the enhanced efficiency and customer benefits of downsizing: vastly superior fuel efficiency and performance comparable to engines with higher displacement.
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In April 2009 series production of Porsche's fourth model line, the Panamera, started in the Leipzig plant of Dr. Ing. h.c. F. Porsche AG. In the world's most modern automotive factory to date the manufacturer of premium sports vehicles is assembling the four-door Gran Turismo together with the Cayenne sports utility vehicle on one line using the latest production methods. At the same time Porsche has managed to almost entirely do away with expensive storage areas by installing a logistics concept that is an innovation in the industry.
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GRANTS PASS, OR - Some believe this car may have the earmarks to set an "automotive auction record" due to the fact that this car was customized when Hughes was in his most creative stage of his life, about 1937.
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General Motors Corp., announced it has entered into a memorandum of understanding (MoU) with a buyer for HUMMER, its premium off-road brand. This transaction is the result of GM's strategic review of the HUMMER brand and the company's ongoing restructuring efforts.
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The ongoing dispute between existing teams and Formula 1's ruling bodies is thwarting prospective new competitors' plans to enter the world championship next year.
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The BMW-Sauber Formula 1 team is not considering scrapping development of its 2009 car, technical director Willy Rampf insists.
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In the Northeastern Ohio town of Hudson, a Little Tikes(R) Cozy Coupe(R) is manufactured every minute of every day, 50 weeks a year. In 2008, Cozy Coupe(R) outsold every other car in America, topping the Toyota Camry and the Honda Accord with over 457,000 units sold and in the 1990s it outsold the Honda Accord and the Ford Taurus.
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Results from extensive research conducted by Insure.com, Inc. reveal the most and least expensive cars to insure.
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Briton Max Mosley insists his decision about whether to contest another FIA presidency election will not be affected by the current battle with formula one teams.
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ITS AMERICA -- Aldis, Inc., a leader in next-generation traffic management systems, announced today the addition of Electromega Ltd. to the Aldis strategic sales channel serving all Canadian provinces with a more efficient and cost-effective intersection video traffic management solution.
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No one was surprised when the media around the world unanimously reported GM's confirmed decision to file for Chapter 11 bankruptcy protection under United States law.
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After a successful trial period, the New Brunswick government has decided to use once again warm-mix asphalt technology for five new road construction projects in the province.
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Volvo Cars of North America, LLC (VCNA) today announced it will offer a unique Safe + Sound Coverage Plan on all 2009 models. This complimentary coverage program offers tremendous value to buyers by wrapping a comprehensive list of benefits into one package. Volvo has combined additional time and mileage limits on: Warranty repairs and roadside assistance coverage along with enhancing wear item coverage and extending factory scheduled maintenance coverage.
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Munich. The style has changed, but not the content: "Many German motorists see motoring not just as a comfortable and fast means of transport, but also as a sporting activity. These are people who, once they see an aerodynamic car body with a long and sleek engine compartment, as well as a speedometer extending all the way to 150 km/h, feel that strong yearning for wide open roads simply perfect for driving fast, for Alpine passes just begging to be conquered, and for ompetitors so easy to overtake."
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ZENN Motor Company Inc. ("ZMC" or "the Company"), a leading developer of zero emission transportation solutions and technologies, is pleased to announce that it has completed its due diligence on EEStor, Inc.'s ("EEStor") stated permittivity results of the manufacturinggrade chemicals to be used in EEStor's Electrical Energy Storage Units (EESU).
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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