May
29th
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Tata Motors on Friday said its fiscal year net profit dropped by more than half as the global slowdown cut demand for trucks and cars. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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May
29th
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Canadian component manufacturer looks to have nosed ahead of Fiat in the race to own Opel and Vauxhall
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May
29th
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Fiat S.p.A. CEO Sergio Marchionne said today that his main focus right now is on Chrysler, shrugging off reports that General Motors and Canadian auto parts group Magna International Inc. Full story...
May
29th
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HEAD-TO-HEAD: We team up with Sir Stirling Moss to rate the stunning new SLR McLaren which bears his name against his Fifties Mercedes 300 SLR..
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May
29th
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Germany has reached a landmark deal with Magna, General Motors and governments to save Opel from the imminent bankruptcy of its US parent, German leaders said on Saturday. Full story...
May
29th
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General Motors and Magna International have reached an agreement in principle that could rescue ailing German carmaker Opel, sources close to the negotiations told Reuters on Friday afternoon. Full story...
May
29th
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One guess as to the two most-used words in the auto biz in the last week? No prizes for 'Chapter' and '11'. Chrysler's in it, GM is about to be in it, barring some sort of miracle over the weekend, and suppliers Visteon and Metaldyne filed for it. Not a good week, then. Full story...
May
29th
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2010 Ford Mustang GT convertible Full story...
May
29th
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Lee Iacocca, the car executive credited with saving Chrysler from bankruptcy in the 1980s, is to lose a big chunk of his pension and a guaranteed life-long company car due to the U.S. automaker's bankruptcy filing two decades later. Full story...
May
29th
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He started as an understudy and has become an icon, and with his last taping of the Tonight Show hours away, Jay Leno has secured another car honor. Full story...
May
29th
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Renault and Nissan announced plans to expand the scope of their global alliance Friday. The partners will increase their joint manufacturing operations and cooperate more on platforms, powertrains, vehicle engineering, logistics and randd activities. Full story...
May
29th
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The U.S. bankruptcy judge overseeing Chrysler LLC's bankruptcy case said on Friday he would issue an opinion "sometime on Monday" on the automaker's proposed sale of most assets to a new company run by Italy's Fiat S.p.A. Full story...
May
29th
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The U.S. bankruptcy judge overseeing Chrysler LLC's bankruptcy case said on Friday he would issue an opinion "sometime on Monday" on the automaker's proposed sale of most assets to a new company run by Italy's Fiat S.p.A. Full story...
May
29th
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Chrysler LLC hopes to end a third day of bankruptcy court hearings today with approval to sell most of its operations to a group led by Italy's Fiat, although opponents are likely file immediate appeals. Full story...
May
29th
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So its the last weekend of May, and summer is upon us. Food was featured in a recent issue of AutoWeek, and its always on the menu for debate among staffers. Full story...
May
29th
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Chrysler LLC neared approval for its sale to a group led by Italy's Fiat S.p.A. after three days of testimony ended and parties shifted their attention to 350 objections from dealers and other opponents of the sale. Full story...
May
29th
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Outgoing Chrysler CEO Robert Nardelli has said that entering bankruptcy, instead of liquidating, "best served" all the automaker's stakeholders. Full story...
May
29th
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Lee Iacocca, credited with saving Chrysler from bankruptcy in the 1980s, is to lose a big chunk of his pension and a guaranteed life-long company car due to the US automaker's bankruptcy filing two decades later. Full story...
May
29th
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The Obama administration will offer US car dealers loans of up to US$2m to help buy vehicles and maintain inventories, members of the Senate's Small Business Committee have said. Full story...
May
29th
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A majority of United Auto Workers members approved a ratified agreement with General Motors on Thursday that would give the union a stake in the automaker in return for concessions, according to initial tallies. Full story...