Gary Akin, vice president of sales at struggling American Suzuki Motor Corp., has left the company, said spokesman Jeff Holland. His duties will be assumed by Koichi Suzuki, 45, vice president in charge of automotive operations.
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Chrysler LLC, hobbled by shrinking sales and soaring inventories, shut down three assembly plants Monday after reopening them two weeks ago.
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Two U.S. senators have asked Energy Secretary Steven Chu to set a timeline for distributing up to $25 billion in loans to help U.S. auto companies produce more fuel efficient vehicles.
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Auto parts maker Magna International Inc. has started the shut-down of a gear assembly plant in Syracuse, N.Y. -- a move that will ultimately eliminate 1,400 jobs.
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Auto-parts maker Magna International Inc. has started the shutdown of a gear assembly plant in Syracuse, N.Y. -- a move that will ultimately eliminate 1,400 jobs.
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Tony Cervone, a top spokesman for General Motors as it battled bankruptcy rumors and won U.S. rescue loans, is leaving the automaker.
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The future of specialty carmaker Saleen Inc. is getting a little clearer: Most of the company was sold to a Michigan group last week after being on the block since November.
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The Aston Martin V12 Vantage, the hottest version of the two-seat coupe, is the latest step in the automaker's new-model offensive for 2009.
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U.S. auto parts suppliers are asking for up to $20.5 billion in federal aid to survive the worst industry downturn in decades.
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U.S. auto parts suppliers are asking for up to $20.5 billion in federal aid to survive the worst industry downturn in decades.
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The U.S. Senate voted on Monday to make loan interest and sales taxes on vehicle purchases deductible from federal income taxes.
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U.S. auto sales dropped 37.1 percent in January, dragged down by the Detroit 3, as the industry posted its lowest monthly total in 27 years.
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Lead-acid battery producer Axion Power International Inc. has won an $800,000 Pennsylvania grant to test its batteries in hybrids and electric vehicles.
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Tony Cervone, a top spokesman for General Motors as it battled bankruptcy rumors and won U.S. rescue loans, is leaving the automaker. Cervone, 46, will join UAL Corp.
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Tony Cervone, a top spokesman for General Motors as it battled bankruptcy rumors and won U.S. rescue loans, is leaving the automaker. Cervone, 46, will join UAL Corp.
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An estimated 25,000 vehicle sales have resulted from a nationwide credit union loan program since Jan. 7, according to CUcorp, a national credit union marketing company.
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General Motors pulled its tooling from 50 parts makers during the year-end holiday shutdown in a series of unusual moves that highlight the turmoil in the automotive parts supply chain.
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Mitsubishi Motors Corporation (MMC) on Wednesday said it would withdraw from cross country rallying, starting with the Dakar Rally.
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Subaru vehicle maker Fuji Heavy Industries lost JPY148bn or $US165m in the nine months to 31 December as, in common with other Japanese automakers, it was hit by sluggish sales and the strong yen.
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