PARIS -- Nissan is projecting higher-than-expected volumes for its new Pixo minicar as the recession forces cash-strapped European car buyers to downsize expectations when buying new cars.
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The court-appointed aministrator of General Motors' Saab unit said on Monday the carmaker was seeking to write off about three quarters of its non-prioritized debt to help it reach a positive cash flow in 2011.
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General Motors Europe is speaking to industrial groups, sovereign wealth funds and banks which are interested in buying a stake in Opel/Vauxhall, company sources said Friday.
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Although General Motors CEO Fritz Henderson has said that every GM model must "pay the rent," there will be at least one prominent exception: the Chevrolet Volt. Last week GM disclosed that it had requested $2.
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General Motor's Swedish unit Saab is seeking to write off about three quarters of its non-prioritized debt, aiming for positive cashflow by 2011, a turnaround plan presented to creditors showed on Monday.
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General Motor's Swedish unit Saab is seeking to write off about three quarters of its non-prioritized debt, aiming for positive cashflow by 2011, a turnaround plan presented to creditors showed on Monday.
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France's Renault and Japan's Nissan will supply electric cars to the Irish market within two years as part of a government plan to have 10 percent of vehicles run on electricity rather than fossil fuels by 2020, Ireland's Energy Minister said on...
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A Swedish court on Monday granted General Motors' loss-making unit Saab an extension of the period it is protected from creditors, giving the carmaker further time to restructure.
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The Obama administration has demanded that General Motors get financially healthy in 60 days and#x2014; or else. That demand is likely to force the UAW and the company's unsecured bondholders to take much bigger hits than they were discussing in March.
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Ford may add a 300-plus-hp Focus to its U.S. lineup. The Focus RS, a three-door hatchback sold in Europe, is powered by a turbocharged 2.5-liter five-cylinder Volvo engine with 305 hp. Hermann Salenbauch, Ford Motor Co.'
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General Motors is in turmoil, but at least one of its global units is on solid footing and preparing to play an expanded role. GM Daewoo Auto and#38; Technology Co.
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General Motors will lean much harder on its strongest brands and#x2014; Cadillac and Chevrolet and#x2014; as it accelerates the reduction of dealerships.
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According to reports echoed in the paddocks at St-Petersburg, Dreyer & Reinbold are trying to work out a deal that would see Milka Duno back in the IndyCar series this season.
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In the two weeks before the next grand prix in China, Renault should consider whether the KERS route was the right decision for the opening two rounds of 2009.
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According to the German press, Michael Schumacher may have played a role in the disastrous decision on Sunday to send Ferrari's Kimi Raikkonen onto the dry Sepang track with wet tyres.
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Dave Mondragon is the latest president of Ford Canada, and he's a man with vision and passion. I had the opportunity to chat with Dave at the Vancouver International Auto Show. It was clear from the first word that Dave is a high energy, forward thinking individual with an engaging personality.
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The possible exit from formula one of Mercedes-Benz is back on the radar, amid the 'lie-gate' McLaren scandal and the collaboration's bad start to the 2009 season.
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President Max Mosley has revealed plans for a "world engine" that in 2013 would be capable of powering FIA categories including formula one, world rally and Formula 2.
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Yamaha lead rider James Stewart won his 10th AMA Supercross race of 2009 at the inaugural race in Jacksonville Municipal Stadium, before 31,653 fans and the ever steady Chad Reed (Suzuki).
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Les courses passent en série AMA American Superbike mais les résultats semblent demeurer les mêmes alors que Mat Mladin a encore une fois dominé les deux courses American Superbike, tenue le week-end dernier sur le circuit de Road Atlanta.
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