Chrysler LLC's bankruptcy may take as long as two years, instead of the two months that President Barack Obama suggested as a target, Bloomberg said, citing an administration official.
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Chrysler LLC's bankruptcy may take as long as two years, instead of the two months that U.S. President Barack Obama suggested as a target, Bloomberg said, citing an administration official.
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Chrysler LLC's bankruptcy may take as long as two years, instead of the two months that U.S. President Barack Obama suggested as a target, Bloomberg said, citing an administration official.
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Lexus' long-awaited supercar laps the 'ring in production ready form
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Vauxhall sets its sights on Ford Focus as it releases first pictures and full details of best-selling hatchback
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Daimler, the world's largest commercial vehicle maker, plans to cut at least several hundred jobs at its Mitsubishi Fuso subisidiary, mainly among its Japanese sales team, a source told Reuters.
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German financial markets watchdog BaFin is investigating a possible market manipulation by Porsche Automobil Holding SE as it attempted to take over Volkswagen AG, the organization said on Tuesday.
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BMW's CEO is concerned that making compact vehicles jointly with rival Mercedes-Benz of Daimler or merging their financial services operations could be a danger, he told a German newspaper. "There are clear limits.
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The gates of a gray car factory in central Russia creak open, releasing hundreds of workers into the bright spring sunshine. The workday is over, but the mood is grim.
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The European Investment Bank on Tuesday approved 750 million euros ($1.02 billion) of loans to European Union carmakers, mainly units of Ford, to make cleaner cars as part of a bigger package to help the sector.
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Ford Motor Co. said on Tuesday that it raised $1.4 billion through a 300 million share offer for $4.75 per share, a move that its chief executive said was an important step toward getting profitable again.
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BMW's CEO is concerned that making compact vehicles jointly with rival Mercedes-Benz of Daimler or merging their financial services operations could be a danger, he told a German newspaper. "There are clear limits.
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The European Investment Bank on Tuesday approved 750 million euros ($1.02 billion) of loans to European Union carmakers, mainly units of Ford, to make cleaner cars as part of a bigger package to help the sector.
Full story...
German financial markets watchdog BaFin is investigating a possible market manipulation by Porsche Automobil Holding SE as it attempted to take over Volkswagen AG, the organization said on Tuesday.
Full story...
Ford Motor Co. said on Tuesday that it raised $1.4 billion through a 300 million share offer for $4.75 per share, a move that its CEO said was an important step toward getting profitable again.
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Ford Motor Co. said on Tuesday that it raised $1.4 billion through a 300 million share offer for $4.75 per share, a move that CEO Alan Mulally said was an important step toward getting profitable again.
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Charles Hurley, the Mothers Against Drunk Driving CEO who has been criticized by some environmentalists, has withdrawn from consideration as head of the National Highway Traffic Safety Administration.
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BMW's CEO is concerned that making compact vehicles jointly with rival Mercedes-Benz of Daimler or merging their financial services operations could be a danger, he told a German newspaper. "There are clear limits.
Full story...
BMW's CEO is concerned that making compact vehicles jointly with rival Mercedes-Benz of Daimler or merging their financial services operations could be a danger, he told a German newspaper. "There are clear limits.
Full story...
Ford Motor Co. said on Tuesday that it raised $1.4 billion through a 300 million share offer for $4.75 per share, a move that CEO Alan Mulally said was an important step toward getting profitable again.
Full story...