General Motors today reported its fifth straight quarterly loss because of "unprecedented economic and credit market turmoil'' and warned that it may not have enough cash to operate by mid-2009. GM ended the third quarter with $16.
General Motors, battling "unprecedented economic and credit market turmoil,'' reported its fifth straight quarterly loss today and warned that it may not have enough cash to operate by mid-2009. GM ended the third quarter with $16.
Full Story...
General Motors, battling "unprecedented economic and credit market turmoil,'' reported its fifth straight quarterly loss today and warned that it may not have enough cash to operate by mid-2009. GM ended the third quarter with $16.
Full Story...
General Motors, battling "unprecedented economic and credit market turmoil,'' reported its fifth straight quarterly loss today and warned that it may not have enough cash to operate by mid-2009. GM ended the third quarter with $16.
Full Story...
Sales of BMW Group have fallen 8.3% in October over the same month last year, leading the German automaker to say it no longer expects to exceed last year's full year sales tally in 2008.
Dont feel bad if news of yet another ultra-limited edition, megabucks supercar leaves you feeling a bit, er, sleepy, to put it kindly.
Indonesia's vehicle sales in October rose by 74% year-on-year according to data issued by Toyota Astra Motor.
Toyota will launch its updated version of three models produced with PSA in the Czech Republic at the Bologna motor show on 4 December.
A Volkswagen director has made over EUR1m selling company shares.
Nissan has announced that its Cranfield-based research and development facility, Nissan Technical Centre Europe (NTCE), is to play a key role in the company's global van programme.
Hyundai will launch its so-called "Czech Days" promotion next week. The event comes a week after the Korean automaker started car production at its new Czech plant in Nosovice, which is in the northeast corner of the country.
The real links between Formula One and the automotive industry are often pushed by participating manufacturers but is there really a transfer of technology that benefits road users, and do the motorsport suppliers offer something that traditional suppliers cannot? just-auto has visited one motorsport firm that is successfully transferring its racing knowledge, expertise and products to the road.
The real links between Formula One and the automotive industry are often pushed by participating manufacturers but is there really a transfer of technology that benefits road users, and do the motorsport suppliers offer something that traditional suppliers cannot? just-auto has visited one motorsport firm that is successfully transferring its racing knowledge, expertise and products to the road.
Chrysler LLC is rapidly burning through cash and being driven to prepare for a possible break-up if it can't get government funding needed to ride out the economic crisis, people with knowledge of the situation said.
Ford of Europe's third-quarter pretax profit fell by 76 percent compared with the same period a year ago. The carmaker reported a $69 million third-quarter pretax profit, down from $293 million a year ago.
Chrysler will likely be broken up if it doesn't merge with another automaker or get government funding help.
Many new cars sold in Germany are now exempt from ownership tax for one to two years.
Pirelli said today that despite stable revenues in its first nine months, it had been hit by declining margins as raw material prices rose and the economic environment took its toll.
Porsche and Lower Saxony are taking their fight for control of Volkswagen to court.
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