U.S. President-elect Barack Obama's transition team is not exploring a "prepackaged" bankruptcy plan for U.S. automakers, officials from Obama's team said today. Bloomberg News reported that Obama's transition workers were exploring such an option.
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U.S. President-elect Barack Obama's transition team is not exploring a "prepackaged" bankruptcy plan for U.S. automakers, officials from Obama's team said today. Bloomberg News reported that Obama's transition workers were exploring such an option.
Full story...
U.S. President-elect Barack Obama's transition team is not exploring a "prepackaged" bankruptcy plan for U.S. automakers, officials from Obama's team said today. Bloomberg News reported that Obama's transition workers were exploring such an option.
Full story...
U.S. President-elect Barack Obama's transition team is not exploring a "prepackaged" bankruptcy plan for U.S. automakers, officials from Obama's team said today. Bloomberg News reported that Obama's transition workers were exploring such an option.
Full story...
Toyota Motor Corp is to half the number of temporary workers it employs in Japan, its domestic market as sales continue to get worse.
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Honda Motor Co is to cut production in the US as falling sales and the country's economic turmoil continue to play havoc on the auto industry there. The news follows announcements of production cuts by the Japanese giant in the UK and on its domestic market.
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Suppliers to GM may be seeking to tighten up on credit terms extended to their financially challenged customer.
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Lexus has been updated inside and out, and is better equipped, but it costs less. Plus, planned eco model gets latest hybrid system.
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Swooping curves inspired by Stingray of the Sixties.
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Check out CorvetteGuys.com and their large selection of
Corvette Z06 Wheels.
It's an old truism that there are bargains around in recessionary times.
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The Engine Manufacturers Association (EMA) has said that its members are on schedule and ready to meet the EPA's stringent 2010 emission standards for heavy-duty engines in the US.
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Fiat is expected to announce its selection of suppliers for its Serbian plant next month.
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Fiat is expected to announce its selection of suppliers for its Serbian plant next month.
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Congressional leaders have told the Detroit Big 3 to present a detailed 'path to viability' plan ahead of a US$25bn emergency federal loan.
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Serbian automaker Zastava, producer of the iconic Yugo, will make its last vehicle on Friday before closing its doors to revamp operations in a joint venture with Italy's Fiat.
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Serbian automaker Zastava, producer of the iconic Yugo, will make its last vehicle on Friday before closing its doors to revamp operations in a joint venture with Italy's Fiat.
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Honda is to idle its Swindon, UK, car plant for two months next year as part of a global production cutback that it has announced 'in response to a dramatic change in the global automobile market'.
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The Lexus RX450h has received its world premiere at the Los Angeles Auto Show. The new model goes on sale next year (summer in Europe).
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The Lexus RX450h has received its world premiere at the Los Angeles Auto Show. The new model goes on sale next year (summer in Europe).
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A Porsche with a diesel engine? It is about to finally happen but no, we're not talking about a diesel unit crowbarred into a 911. From February next year, Porsche will offer a Cayenne with a diesel engine in Europe.
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