Wheel supplier Hayes Lemmerz International Inc. has amended its senior secured credit facility, the company said in a statement. But the supplier says it can't promise it will meet the terms of the amended loan.
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Mitsubishi will import a five-door version of its Lancer sedan this summer. The five-door will be a 2010 model and will come in two variants: a 168-hp Sportback GTS and a high-performance, 237-hp Sportback Ralliart.
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Sen. Bob Corker of Tennessee is not yet convinced that the UAW has given up enough to support the federal loans offered to General Motors and Chrysler LLC.
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If you think it's tough selling the Detroit 3 lineup in the United States, try hawking a Cadillac or Jeep in Japan. Especially these days.
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In the wake of its rumored U.S. arrival, Mitsubishi is officially confirming the addition of the Lancer Sportback to its North American product portfolio.
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Ford and Shelby collaborating on a Mustang isn't news, it's the norm. But when they're doing something they haven't done in more than 40 years, and the price tops $100,000, it must be something special.
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Following its world debut last October at the Paris motor show, Mazdas 2009 MX-5 roadster will have its North American rollout party at the Chicago auto show.
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Porsche expects to post a revenue fall of 14.3% to about EUR3bn for the half year ending 31 January, the sportscar maker said on Friday.
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American Axle & Manufacturing (AAM) has reported a net loss of $112.1 million or $2.17 per share in the fourth quarter. This compares to a net loss of $26.8 million, or $0.52 per share, in the fourth quarter of 2007.
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Jaguar Land Rover owner Tata Motors lost INR2.63bn rupees ($54m) last quarter due to falling sales, material price rises and unfavourable exchange rates.
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The South Korean government will discontinue assistance for struggling parts suppliers to Ssangyong in the face of worsening economic conditions, an official said Friday.
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The Russian government is widely expected to bail out GAZ Group next week, according to Russian media reports.
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Chrysler is making "continued progress in gaining cost concessions from its key constituents as the company pursues a global strategic alliance with Fiat," the automaker has said.
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If you want help selling your Soul, who better to lend a hand than Lotus? Kia has turned to the legendary engineering firm to work its magic on its forthcoming supermini-MPV.We drove the car in October 2008.
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Key Plastics LLC's prepackaged Chapter 11 bankruptcy has received court and creditors' approval, the company said in a release. The plan, confirmed yesterday in U.S.
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Volkswagen's Mexican unit is set to axe 800 jobs at its plant in Puebla, which will also have a shutdown in March and an extended Easter break.
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Set to debut at the Frankfurt show in September before going on sale in early 2010, Auto Express can reveal the new Astra in all its glory.
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Tim Abbott has been named the new Managing Director of BMW (UK) and will take up his new position on 1 February 2009.
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Classic Gullwing body styling meets state-of-the-art hybrid technology as Mercedes readies new SLK flagship
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