Chrysler LLC says it has agreed on terms of a formal alliance with Fiat S.p.A. and Chrysler's majority owner, Cerberus Capital Management LP. The U.S. Treasury Department supports the agreement, Chrysler said today in a statement.
Full story...
Chrysler LLC has backed off its own statement announcing an alliance with Fiat S.p.A., saying the potential partners have only a "framework" accord.
Full story...
The government's Board of Investments (BoI) may allow Ford Group Philippines to retain its import privileges even if the firm does not meet a required export volume by April in light of the economic downturn, an official has said.
Full story...
President Barack Obama said on Monday he would work with Congress to find recovery act funding for a 'clunker' trade-in programme that would give new car buyers incentives to trade in older, 'dirtier' vehicles for newer, cleaner and more efficient models.
Full story...
Acuras forthcoming luxury crossover will wear the ZDX name, the automaker said Monday. It will unveil a concept version of the ZDX at the New York auto show on April 8.
Full story...
Acuras forthcoming luxury crossover will wear the ZDX name, the automaker said Monday. It will unveil a concept version of the ZDX at the New York auto show on April 8.
Full story...
For Chrysler LLC, survival has come down to a single option: successfully working out an alliance with Fiat S.p.A.
Full story...
In a bid to boost flagging auto sales, the federal government will pay for any warranty repairs on a General Motors or Chrysler vehicle if either company can't because of financial problems or a bankruptcy filing, President Barack Obama said today.
Full story...
NEW PICTURES! Exclusive, undisguised pictures of Ferrari's stunning F430 replacement
Full story...
Perusahaan Otomobil Kedua or Perodua expects its vehicle sales to fall by 6%-10% this year due to the economic downturn, Bernama news agency reported on Monday.
Full story...
For Chrysler LLC, survival has come down to a single option: successfully working out an alliance with Fiat S.p.A. The Obama administration has given Chrysler 30 days to forge a broad product-sharing agreement with the Italian automaker.
Full story...
For Chrysler LLC, survival has come down to a single option: successfully working out an alliance with Fiat S.p.A. The Obama administration has given Chrysler 30 days to forge a broad product-sharing agreement with the Italian automaker.
Full story...
Detroit Electric on Monday said it would produce and market a full line of pure electric vehicles in the US, UK, EU and China from 2010 by integrating its patented electric drive systems into Proton vehicles.
Full story...
Hyundai Motor India has become the latest automaker there to make an agreement with a bank to finance customer purchases.
Full story...
Volkswagen will launch hatchback as well as sedan models based on the Polo platform in India next year. Both will be built in the automaker's new Pune facility which is being inaugurated on Tuesday.
Full story...
The Obama administration's auto task force wants Fiat SpA to take a smaller initial stake in Chrysler LLC. According to people familiar to the matter, the stake could be a low as 20 percent.
Full story...
The successor to the Hyundai Tiburon will be a smaller and less expensive car, the company says.
Full story...
The U.S. task force overseeing the restructuring of the auto industry today said the plans submitted by General Motors and Chrysler failed to show how they could be viable.
Full story...
South Korean auto exports are expected to fall 13.8% in the second quarter of this year, an industry report said on Sunday, indicating local carmakers will not emerge from the ongoing slump anytime soon.
Full story...
With Rick Wagoner forced out as GM CEO this week, GM number two Fritz Henderson finds himself elevated to the top job. He faces huge challenges as GM is forced to revisit its business plan yet again.
Full story...
The latest auto news, reviews, prices, product and vehicle releases. 
