Volkswagen AG is exploring a potential cooperation deal with Suzuki Motor as a way to boost its expertise in the area of ultra small cars, a source familiar with the matter said, confirming a report in manager magazin.
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Volkswagen AG is exploring a potential cooperation deal with Japan's Suzuki Motor as a way to boost its expertise in the area of ultra small cars, a source familiar with the matter said today, confirming a report in manager magazin.
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Market analyst JD Power says that US new vehicle retail sales through the first 17 selling days of June have increased notably from May, indicating 'tempered but continued recovery in the market'.
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Even without the sparkly green paint we took to calling metallic Kermit, the Ford Fiesta would have turned heads. Its shape jolts a conservative American sensibility, which, for the most part, equates tiny vehicles with cheap, bland and throwaway.
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The retained employees of troubled Ssangyong have reportedly tried - unsuccessfully - to enter its Pyeongtaek factory occupied by laid-off workers.
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Mercedes-Benz gave its M-class SUV a mild freshening last year. But a more-thorough makeover is on the way two years from now for the 2012 model.
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Debt holders in auto interiors and electrical equipment specialist Lear are expecting the supplier to file for Chapter 11 bankruptcy protection in the next "several days", a US newspaper said on Thursday.
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Porsche is free to submit a fresh application for state aid, a German economy ministry official said on Thursday, while Porsche said it was already working with state bank KfW to shape a new bid.
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Porsche is free to submit a fresh application for state aid, a German economy ministry official said on Thursday, while Porsche said it was already working with state bank KfW to shape a new bid.
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BALOCCO, Italy -- The universal appeal of the Fiat 500 has helped the 110-year company achieve a first: The automaker currently sells more units of the retro-styled minicar outside its home market than inside.
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The universal appeal of the Fiat 500 has helped the 110-year company achieve a first: The automaker currently sells more units of the retro-styled minicar outside its home market than inside.
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BALOCCO, Italy -- The universal appeal of the Fiat 500 has helped the 110-year company achieve a first: The automaker currently sells more units of the retro-styled minicar outside its home market than inside.
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BALOCCO, Italy -- The universal appeal of the Fiat 500 has helped the 110-year company achieve a first: The automaker currently sells more units of the retro-styled minicar outside its home market than inside.
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The top economic planning agency in China is likely to reject Sichuan Tengzhong's bid to buy Hummer from bankrupt General Motors, state radio said on Thursday.
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Ford said on Thursday it was accelerating its supplier consolidation plans and remained on track toward its goal of 750 global suppliers.
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Toyota needs to start over from "rock bottom" and will abandon for now its policy of offering a full product range world-wide to focus more on local market needs, new president and founding family member, Akio Toyoda, said at his first press conference in Tokyo today.
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Hedge fund lenders to Delphi are reportedly objecting to an allegedly secretive deal under which Delphi plans to sell its assets to GM and Platinum Equity.
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BorgWarner has officially opened its new turbocharger factory in the Polish city of Rzeszów.
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Renault will boost production at its Palencia, Spain factory starting in September to meet strong demand for its three-model Megane range. The French carmaker will add 200 units of daily production to the Palencia factory.
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Fiat lost out in the battle for Opel - and that has a knock-on effect for the group, making it harder to make for much-needed cuts in Italian capacity. Sergio Marchionne still wants a third partner - but who will it be? Mark Bursa investigates
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