With the first few days of summer behind us, we got to thinking about our favorite summer pastimes. Clearly they include barbecue grilling, eating ice cream and taking long drives with the top down (the cars', not ours).
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With the first few days of summer behind us, we got to thinking about our favorite summer pastimes. Clearly they include barbecue grilling, eating ice cream and taking long drives with the top down (the cars', not ours).
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It would be a stretch for the US auto industry to meet the Obama administration's stated goal of having one million plug-in hybrid cars within six years, but General Motors was prepared to do its part if key hurdles could be overcome, a senior official has said.
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Ford Motor Co. has added 16 companies to its list of preferred suppliers, the first new names since August 2008. The selections by purchasing chief Tony Brown lean heavily into powertrain suppliers, including Denso Corp. and BorgWarner Inc.
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Fiat SpA is to shut its CNH Global farm equipment plant at Imola, Italy, in two years, a company spokesman said on Wednesday.
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General Motors is continuing to discuss other offers for European unit Opel despite the letter of intent received from Magna last month which is legally non binding.
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President Barack Obama signed the cash-for-guzzlers bill this afternoon, kicking off a 30-day period in which the federal government will prepare regulations for the program.
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President Barack Obama plans to sign the cash-for-guzzlers bill this afternoon, the White House said, kicking off a 30-day period in which the federal government will prepare regulations for the program.
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U.S. auto dealers will determine whether consumers receive markdowns on new vehicle purchases under the $1 billion "cash for guzzlers" program President Barack Obama signed into law on Wednesday
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President Barack Obama signed the cash-for-guzzlers bill this afternoon, kicking off a 30-day period in which the federal government will prepare regulations for the program.
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The United Auto Workers is still talking with Ford to ensure the automaker remains competitive with domestic rivals reorganised with federal funding, a union official was quoted as saying.
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The United Auto Workers is still talking with Ford to ensure the automaker remains competitive with domestic rivals reorganised with federal funding, a union official was quoted as saying.
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Fiat SpA is to instigate temporary lay-offs at its Termini Imerese plant in Sicily, a media report said.
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General Motors plans to complete a one fifth cut in its white collar work force by October, a spokesman has said.
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It has taken 33 years, but Hyundai Motor Company has said that it has loaded and sent off its one millionth vehicle bound for Africa.
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Porsche is advancing toward a deal with Qatar to give the Gulf state a shareholding in Volkswagen, a compromise that will clear the way for the car makers to merge, according to people involved in the talks.
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Porsche is advancing toward a deal with Qatar to give the Gulf state a shareholding in Volkswagen, a compromise that will clear the way for the car makers to merge, according to people involved in the talks.
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Ford has again raised its UK new vehicle prices, citing the "sustained weakness of [the pound] sterling against the euro. The hike, averaging 4%, applies to all orders received after 30 June. The automaker last raised prices as recently as 31 March.
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Denso has appointed Yoshiki Sekiguchi as its president and CEO of Denso International America, the supplier's North American headquarters, effective immediately.
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