Volkswagen and Toshiba have signed a letter of intent to cooperate on the development of electric drive units and the accompanying power electronics for Volkswagen's planned New Small Family.
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German officials are meeting today to discuss the future of Opel but no decisions over the struggling General Motors subsidiary are expected immediately, a government spokesman said.
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Chinese carmaker Chery Automobile has contacted several European auto brands, including Ford Motor's Volvo, and is interested in an acquisition, a source with direct knowledge of the matter said today.
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Valeo today posted a bigger than expected full-year net loss and a 9 percent sales drop. The French supplier scrapped its 2008 dividend and said it did not see the car industry crisis ending before 2011.
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Volkswagen and Ford grew their share of the European market during a dismal January for all carmakers that hit rivals Toyota, Renault and GM among the hardest.
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Volkswagen and Ford grew their share of the European market during a dismal January for all carmakers that hit rivals Toyota, Renault and GM among the hardest. Data published from ACEA showed a 27 percent collapse in new registrations last month.
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Sales of new cars in Russia will tumble by 40 percent this year, a leading business group said after sales plunged 33 percent in January.
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The European new car market tumbled 27 percent in January to 958,500 vehicles,the German industry association VDA said on Thursday.
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Volkswagen will team up with Toshiba to develop an electric-powered version of its subcompact Up concept car after signing a letter of intent on Thursday.
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Bentley will cut 220 jobs from its 3,800 workforce as the luxury brand reacts to falling sales. Workers also take a 10 percent pay cut from April until the end of the year.
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NASHVILLE -- Toyota Motor Corp. said Thursday night it is freezing wages, reducing hours and adopting a voluntary exit program across its North American manufacturing operations.
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Chrysler LLC and Nissan Motor Co. have "paused" a project to share a North American-built small car and a full-sized pickup until they can bring down their costs.
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Chrysler LLC and Nissan Motor Co. have interrupted plans to share a Japanese-built small car and a full-sized pickup until they can reduce costs.
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There's no doubting the supremacy of BMW's 335i when it comes to near-luxury sports sedans, or is there? This week finds me behind the wheel of Infiniti's all-wheel-drive (AWD) G37x Sport, and its exhilarating stable of 328 horsepower. That's 28 more ponies than found beneath the hood of the 335i xDrive, which sits approximately $6K higher on the price ladder than the G37x Sport.
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The Dutch brand originated by a pair of coachbuilders will show two special models to crowds at the Geneva Motor Show next month. The high-performance C8 Laviolette boasts a potent Audi V8, lightweight construction and styling that's distinctive-- to say the least.
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There's no doubting the supremacy of BMW's 335i when it comes to near-luxury sports sedans, or is there? This week finds me behind the wheel of Infiniti's all-wheel-drive (AWD) G37x Sport, and its exhilarating stable of 328 horsepower. That's 28 more ponies than found beneath the hood of the 335i xDrive, which sits approximately $6K higher on the price ladder than the G37x Sport.
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The new MINI convertible was unveiled just a few weeks ago in Detroit, and already the John Cooper Works high performance version will make an appearance at the Geneva show next month.
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According to rising speculation and reports, the Formula 1 team currently known as Honda has secured its future and is preparing for the season opening Australian grand prix.
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According to growing speculation in the French specialist press, Renault's F1 engine chief Denis Chevrier has been dismissed by team boss Flavio Briatore.
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Following the two Gatorade Duels, here is the official starting line-up for this Sunday's Daytona 500.
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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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