Several Japanese companies have stepped up their state of alert following the outbreak of swine flu in Mexico and the US, deciding to introduce countermeasures such as banning employees from travelling to Mexico.
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Daimler is talking with private equity investor Cerberus Capital Management about selling the German automaker's remaining 19.9% stake in Chrysler.
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Mitsubishi Motors plans to boost annual output of the i MiEV electric car to 30,000 units around fiscal 2013 as Japan and other nations extend financial support to promote the use of eco-friendly cars, company president Osamu Masuko said on Monday.
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Chinese automaker Geely has visited Saab Automobile which General Motors is selling, a Swedish media report said on Monday.
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Nissan has said it plans to start series production at its new car assembly plant in St Petersburg on June 3.
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The Aston Martin Project One-77 finally broke cover--completely--this weekend at the Concorso dEleganza event in Italy.
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The Aston Martin Project One-77 finally broke cover--completely--this weekend at the Concorso dEleganza event in Italy.
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German politicians would rather Magna take over Opel while Fiat would keep all four German Opel sites in production, though not necessarily at current levels, media reports said on Monday.
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In a revised viability plan filed with the government today, General Motors said it will market its four core brands through three channels.
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In a revised viability plan filed with the government today, General Motors said it will market its four core brands through three channels. GM also has mapped out which dealers are likely to be eliminated in its 163 major U.S.
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Although Chery Auto has recently received government regulatory approval for a finance arm, the firm has said it will proceed cautiously and not offer widespread finance before 2010.
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Fiat Automobiles plans temporary closures of the Alfa Mito and Fiat Multipla assembly lines at its Mirafiori, Turin plant, a company source has said.
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Royale shares coupé’s vast W16 engine, whilst mixing huge pace with more space and luxury
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This morning, General Motors announced that it has killed its Pontiac line. Reactions in the office range from Good riddance to Bummer, Pontiac had some good stuff.
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General Motors is expecting that talks with potential investors in its European Opel/Vauxhall unit will continue into May.
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As General Motors ends production of Pontiac, Saturn, Saab and Hummer vehicles, the number of nameplates will shrink to 34 from 47, GM CEO Fritz Henderson said today.
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Mitsubishi Motors Corp. sees its U.S. and global sales falling again this year but says aggressive cost cutting will return it to a profit in the fiscal year that just started. U.S. sales are seen tumbling 29.
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General Motors Canada on Monday said its restructuring plan would move "faster and deeper" along similar lines to that outlined for the US today.
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DETROIT (Reuters) - Chrysler LLC CEO Bob Nardelli said on Monday that Daimler AG is working with Cerberus Capital Management to divest Daimler's 19.9 percent stake in the struggling U.S. automaker.
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