General Motors said today that its global sales fell 11.4 percent in the third quarter, hurt by weak demand in North America and growing economic pressures in Europe. GM's global sales fell to 2.
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General Motors said today that its global vehicle sales fell 11.4 percent in the third quarter, hurt by weak demand in North America and growing economic pressures in Europe. GM's global sales fell to 2.
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Tenneco Inc. is cutting 1,100 jobs worldwide and closing four North American plants as part of a restructuring which it estimates will save $64 million annually, the auto parts supplier said today.
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The automotive parts industry looks unlikely to be granted its request for special financing of up to C$1 billion (US$770m) in short-term loans and loan guarantees from the Canadian and Ontario governments, according to a government minister.
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Sales of General Motors' vehicles fell 11.4% in the third quarter of this year, compared to the same period in 2007 as continuing economic pressures in North America and Europe offset better performances in emerging markets.
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Three of the nation's top six publicly held dealership groups reported third quarter net losses yesterday, ushering in what analysts expect to be a grim round of reporting. Sonic Automotive Inc.
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Luxury model is inspired by Brazilian-built SP-2 coupé.
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GMAC, the auto finance and mortgage company, is seeking to become a bank holding company in order to access the government's $700 billion financial rescue plan, the Wall Street Journal reported yesterday.
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Every Zetec S get bigs alloys and bodykit; WRC pack adds diffuser.
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A joint venture between German and Russian firms plans to boost truck gearbox output next year.
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Billionaire Kirk Kerkorian's Tracinda Group has sold 26.4m Ford shares for an average of US$2.01 each in the period 21-27 October, it said in an SEC filing.
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Sweden's Financial Supervisory Authority has said Porsche would be required under that country's takeover rules to make an offer for Scania if it raised its stake in Volkswagen above 50%.
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Alfa gives showroom customers a sneak preview of its new baby ahead of 2009 release.
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Best-ever result for latest version of VW hatch.
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Skoda will launch the Fabia Combi (wagon), Roomster and new versions of the Superb and Laura in India in 2009.
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First images of new coupe – and Boxster drop-top – surface on the internet.
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Mahindra and Mahindra has reported a fall in second quarter net profits, on the back of higher costs and a loss on exchange rates, despite a rise in gross revenues.
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Leaked image reveals all for new £1.2m supercar
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Chrysler is offering white-collar workers up to US$75,000 cash and vehicle purchase vouchers worth up to $25,000 if they leave by 30 November.
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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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