NASCAR announced Thursday that Las Vegas formally becomes the "Official Host City of the NASCAR Sprint Cup Series Champion's Week".
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General Motors Corporation announced today that, in order to Align Output with Market Demand, it is scheduling multiple down weeks at 13 assembly operations in the United States and Mexico. Under this plan, approximately 190,000 vehicles will be removed from GM's North American production schedule in the second and early third quarter of this year.
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Aston Martin has announced yesterday that the first public display of the complete One-77 concept will be held at the world renowned Concorso d'Eleganza event in the grounds of the Grand Hotel Villa d'Este on the shores of Lake Como, Italy on 24-26 April 2009.
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This morning London's commuters were reeling from a 'rude' wake-up call, as 308 naked figures joined in the morning rush hour, with only scarves to cover up their modesty. Well, almost... On first inspection, much of London's commuters could have been excused for thinking a public exposure offence could have been in order but for the extremely minute, yet hugely important detail - their fellow commuters were wearing specially made bodysuits which gave the impression the commuters were naked.
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This year Mercedes-Benz is celebrating the one hundredth birthday of the Mercedes three-pointed star and the Benz emblem with a particularly exclusive edition of the CL Coupé. This anniversary model shines with an extensive package of appointments and exquisite details.
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The U.S. Treasury has raised its offer to Chrysler lenders with just over a week remaining for the embattled automaker to reach deals to cut its debt and labor costs while reaching reach an alliance with Italy's Fiat SpA, sources said Wednesday.
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General Motors, battling a 49 percent decline in U.S. sales through March, plans to shutter most U.S. factories for as long as nine weeks this summer, the Associated Press reported, citing two people familiar with the plan.
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General Motors, battling a 49 percent decline in U.S. sales through March, plans extended shutdowns at most of its U.S. plants this summer, news reports said.
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General Motors, battling a 49 percent decline in U.S. sales through March, plans extended shutdowns at most of its U.S. plants this summer, news reports said.
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Britain approved a 10-month program enticing consumers to scrap older vehicles, becoming the latest European country to adopt a sales incentive that's stalled in the U.S. Congress.
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General Motors may extend its monthlong Total Confidence program for car shoppers beyond its expiration at the end of April. GM credits Total Confidence for a boost in April retail sales compared with the same period in March.
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Michigan's attorney general today urged General Motors and Chrysler to file bankruptcy -- if, eventually, they must -- in their home state rather than in Delaware or New York.
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Fiat S.p.A. today denied a declaration by a member of an Italian union that the automaker's proposed deal with Chrysler LLC is "90 percent done." In a statement, Fiat said: "No agreement has been concluded between Chrysler and trade unions in the U.
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Fiat S.p.A. today denied a declaration by a member of an Italian union that the automaker's proposed deal with Chrysler LLC is "90 percent done." In a statement, Fiat said: "No agreement has been concluded between Chrysler and trade unions in the U.
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Detroit lawyers probably will see a lot of work but few of the leadership roles if the federal government calls for a bankruptcy reorganization of General Motors or Chrysler LLC.
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An automobile dealers group plans to urge the Obama administration on Thursday not to eliminate any dealers or force General Motors and Chrysler into bankruptcy.
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General Motors doesn't expect to make a $1 billion debt payment due June 1, CFO Ray Young told The Wall Street Journal today.
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General Motors said today it probably won't make a $1 billion debt payment due June 1. Instead of making the payment, the automaker is hoping for a successful debt-for-equity exchange with its bondholders.
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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