Chrysler operations outside North America would not be affected by the bankruptcy filing in the US or the planned alliance with Fiat, a senior executive said on Tuesday.
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DUBAI (Reuters) -- U.S. automaker Chrysler said on Tuesday its organization outside North America would not be affected by a bankruptcy filing at home or its planned alliance with Fiat S.p.A.
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DUBAI (Reuters) -- U.S. automaker Chrysler said on Tuesday its organization outside North America would not be affected by a bankruptcy filing at home or its planned alliance with Fiat S.p.A.
Full story...
U.S. automaker Chrysler said on Tuesday its organization outside North America would not be affected by a bankruptcy filing at home or its planned alliance with Fiat S.p.A.
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Supplier Federal-Mogul Corp. cut 2,500 jobs in the first quarter while the auto supplier widened its net loss and saw revenue drop 33 percent.
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German new car registrations rose 19.4% year on year last month, the German international vehicle manufacturers' association, or VDIK, said on Tuesday.
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Chrysler's US dealership network is on the verge of collapse because hundreds of dealerships have closed their doors this year and uncertainty about the company's future is driving consumers away, a bankruptcy court has heard.
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The Quail: A Motorsports Gathering is getting a two-wheel counterpart this weekend.
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Sonic Automotive Inc., the nation's third-largest dealership group, has reached an agreement with its bondholders allowing the retailer to postpone payment of $90 million in debt until 2012. The debt would have matured this week.
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Sonic Automotive Inc. avoided bankruptcy as bondholders allowed the nation's third-largest dealership group to postpone a $90 million debt payment until 2012.
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General Motors' up-for-sale Saturn brand could end up in the hands of the owner of the second-largest US auto retail chain, people familiar with the situation have said.
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Russia's Sberbank and GAZ Group are joining Magna in talks to buy a controlling stake in General Motors' Opel unit, Russian media reported on Tuesday.
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Magna International has confirmed it was in talks with General Motors and German government officials about possibly taking a minority stake in GM's Opel unit but stressed there was no assurance that any transaction would result from the talks.
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General Motors' sales in China rose 50% year on year last month.
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Global Vehicles U.S.A. Inc. has hired former General Motors marketing manager Larry Daniel as its senior vice president for sales and marketing, the company said Monday.
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Global Vehicles U.S.A. Inc., a fledgling importer of Indian-made vehicles to the United States, hired a former General Motors marketing manager to steer sales.
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April saw a collapse in the New Zealand new vehicle market of even greater magnitude than what has been experienced in major overseas markets, a trade group said.
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'Is it gloomy in here?' joked a speaker at last week's JD Power Automotive Forecasting Conference. She was partly referring to the overenthusiastic use of the dimmer switch at the posh London hotel that served as venue. But the question could also have applied to the mood in the hall. Dave Leggett was there and this is the first instalment of a three-part report.
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Ultra-efficient city car takes firm into new territory – and could be the true spiritual successor to the Mini!
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Vauxhall weaves magic on electric city car, but powerplant alone will cost up to £8,000!
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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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