Because of economic difficulties in and outside China, PSA/Peugeot Citroen SA has postponed development and production of a new minicar based on the Citroen C1 and Peugeot 107 here, supplier sources say.
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PARIS -- Nissan is projecting higher-than-expected volumes for its new Pixo minicar as the recession forces cash-strapped European car buyers to downsize expectations when buying new cars.
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The court-appointed aministrator of General Motors' Saab unit said on Monday the carmaker was seeking to write off about three quarters of its non-prioritized debt to help it reach a positive cash flow in 2011.
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General Motors Europe is speaking to industrial groups, sovereign wealth funds and banks which are interested in buying a stake in Opel/Vauxhall, company sources said Friday.
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Although General Motors CEO Fritz Henderson has said that every GM model must "pay the rent," there will be at least one prominent exception: the Chevrolet Volt. Last week GM disclosed that it had requested $2.
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General Motor's Swedish unit Saab is seeking to write off about three quarters of its non-prioritized debt, aiming for positive cashflow by 2011, a turnaround plan presented to creditors showed on Monday.
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General Motor's Swedish unit Saab is seeking to write off about three quarters of its non-prioritized debt, aiming for positive cashflow by 2011, a turnaround plan presented to creditors showed on Monday.
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France's Renault and Japan's Nissan will supply electric cars to the Irish market within two years as part of a government plan to have 10 percent of vehicles run on electricity rather than fossil fuels by 2020, Ireland's Energy Minister said on...
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A Swedish court on Monday granted General Motors' loss-making unit Saab an extension of the period it is protected from creditors, giving the carmaker further time to restructure.
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The Obama administration has demanded that General Motors get financially healthy in 60 days and#x2014; or else. That demand is likely to force the UAW and the company's unsecured bondholders to take much bigger hits than they were discussing in March.
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Ford may add a 300-plus-hp Focus to its U.S. lineup. The Focus RS, a three-door hatchback sold in Europe, is powered by a turbocharged 2.5-liter five-cylinder Volvo engine with 305 hp. Hermann Salenbauch, Ford Motor Co.'
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General Motors is in turmoil, but at least one of its global units is on solid footing and preparing to play an expanded role. GM Daewoo Auto and#38; Technology Co.
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General Motors will lean much harder on its strongest brands and#x2014; Cadillac and Chevrolet and#x2014; as it accelerates the reduction of dealerships.
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Automakers have been battling each other for a while on the alternative energy field and consumers are finally reaping concrete benefits. Now, they can drive a diesel-powered sedan that makes no compromises.
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It took him forty seven races but veteran Jeff Gordon (Chevy No 24) finally won a NASCAR Sprint Cup race and not anyone but the Samsung 500 run at the Texas Motor Speedway, a track where Gordon had never won either!
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Not far back, the idea of a family hauler with the ability to steer its headlights, start without a key or navigate a route was a far-fetched idea. Now, technologies like these are everywhere-- and engineers and designers are continually finding new ways to push the envelope.
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British driver Jenson Button drove another solid race in Sepang on Sunday to score team Brawn GP their second consecutive victory in two races.
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(Seoul, Korea) Hyundai Motor Company today unveiled its first Plug-in HEV concept car at the Seoul Motor Show. Named Blue-Will by its creators at the Advanced Design Studio, the futuristic car targets 30 to 40 something single urbanites and young families with its highly unique character lines and detailed forms.
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Kia Motors has introduced its new environmental brand 'Eco Dynamics' and an LPI Hybrid based on its Korean market Forte saloon as part of its commitment to the development of earth-positive vehicles.
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Now the discerning customer has the opportunity to enjoy the unique high-performance character of a BMW M car also in the segment of BMW X models: The BMW X5 M and the BMW X6 M are the first all-wheel-drive models to offer the supreme performance, dynamic driving features, athletic design, and premium quality of a typical BMW M Car.
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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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