Visteon Corp. made a $16 million interest payment today on $453 million of bond debt, dampening speculation that a bankruptcy is imminent.
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Visteon Corp. made a $16 million interest payment today on $453 million of bond debt, dampening speculation that a bankruptcy is imminent.
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Mexican automobile production and exports both fell sharply in February as the U.S. recession continued to hammer the sector, although the sector showed some improvement from a dismal January. Auto exports dropped 44.
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The Honda Insight five-door hybrid will have a base list price of $20,470 in the United States, American Honda Motor Co. said today. That price includes shipping.
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Honda is betting that it can steal some buyers from market leader Toyota by introducing the cheapest hybrid in the United States. American Honda Motor Co.
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Malaysia's Naza Group is reportedly in talks with PSA Peugeot-Citroen to jointly develop a compact car.
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Toyota is the best brand name in Japan, beating heavyweight household names such as Sony, Toshiba and Panasonic, according to a new marketing survey. The nation's other automakers fared well, too.
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Toyota is the best brand name in Japan, beating heavyweight household names such as Sony, Toshiba and Panasonic, according to a new marketing survey. The nation's other automakers fared well, too.
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Credit crunch? What credit crunch? Vote for you favourite £1million supercar here in our exclusive online poll.
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Dow Automotive says it has introduced a new bonding system for the roof of the new BMW 7 Series.
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Mitsubishi Motors in the UK has today made two announcements in relation to its management team, taking effect from April 1st 2009.
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General Motors executives from Detroit and Europe will meet European lawmakers Friday, the European Commission said today. "We have invited for next Friday the highest representatives from General Motors Europe and Detroit.
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General Motors executives from Detroit and Europe will meet European lawmakers Friday, the European Commission said today.
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New vehicle sales in the Philippines declined by 5% to 9,027 units in February, from 9,474 units a year earlier, according to data released by the Chamber of Automotive Manufacturers of the Philippines (CAMPI).
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The European Commission will hold a meeting with representatives of General Motors and other stakeholders on Friday (March 13).. Full story…
Mercedes-Benz India is planning a big increase in the workforce at its Indian R&D facility.
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The UAW has said its members are willing to make painful sacrifices as workers at Ford voted to accept changes to their contracts and other benefits.
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The US government's 'task force' on the automobile industry has been in Detroit this week for talks with GM, Chrysler and the UAW as pressure mounts to let the troubled firms enter bankruptcy.
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Mazda Motor Europe CEO James Muir has left the Japanese automaker with immediate effect, the company said today. Chief Financial Officer Jeffrey Guyton has replaced Muir.
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Mazda Motor Europe CEO James Muir has left the Japanese automaker with immediate effect, the company said today. Chief Financial Officer Jeffrey Guyton has replaced Muir.
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