The U.S. Senate passed a scaled-back $1 billion cash-for-guzzlers bill and sent it to President Barack Obama for his expected signature.
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German Foreign Minister and Vice Chancellor Frank-Walter Steinmeier said in a newspaper interview to be published on Saturday that the government would not step in to assist carmaker Porsche Automobil Holding SE with taxpayer money.
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Michelin may invest over EUR1bn (US$1.39bn) over 10 years in a factory in India, a local report said.
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General Motors is to axe production of the Pontiac Vibe - a variant of the North America-only Toyota Matrix - by the end of August.
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As expected, UK car production almost halved over last year in May as UK plants continued to cut production in order to continue to wind down excess stock.
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The Japanese government has introduced its own version of a 'cash for clunkers' scheme for buyers of new low-emission cars.
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UK-based driveline components supplier GKN has revealed a GBP423m rights issue as it seeks to bolster its finances.
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PSA/Peugeot-Citroen on Thursday launched an extension of its massive transmission factory in Valenciennes, northern France, as part of its effort to lower its fleet CO2 emission.
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PSA/Peugeot-Citroen on Thursday launched an extension of its massive transmission factory in Valenciennes, northern France, as part of its effort to lower its fleet CO2 emission.
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PSA/Peugeot-Citroen on Thursday launched an extension of its massive transmission factory in Valenciennes, northern France, as part of its effort to lower its fleet CO2 emission.
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Spanish carmakers association Anfac thinks the recent steep year on year sales falls of recent months could ease from June.
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Russia's largest carmaker AvtoVAZ is not considering any partnerships with Germany's Opel or Canada's Magna International, its boss said on Friday, contradicting remarks from the head of Sberbank.
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Russia's largest carmaker AvtoVAZ is not considering any partnerships with Opel or Magna International, its boss said on Friday, contradicting remarks from the head of Sberbank.
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Russia's largest carmaker AvtoVAZ is not considering any partnerships with Germany's Opel or Canada's Magna International, its boss said on Friday, contradicting remarks from the head of Sberbank.
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A US scrappage incentive known as "Cash for Clunkers" has been approved by the US Senate and is likely to be implemented within the next 30 days.
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The trustees of the Voluntary Employee Beneficiary Association (VEBA) for retired UAW-represented workers at GM have named analyst Stephen Girsky as a director of the new GM.
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PSA Peugeot Citroen's new boss Philippe Varin, who joined the French company last month to replace ousted CEO Christian Streiff, has stamped his mark on the company with a number of key appointments.
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Thanks to scrapping incentives, British car production fell 43.0 percent in May versus a year ago, the smallest monthly decline this year, the Society of Motor Manufacturers and Traders said on Friday.
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Thanks to scrapping incentives, British car production fell 43.0 percent in May versus a year ago, the smallest monthly decline this year, the Society of Motor Manufacturers and Traders said on Friday.
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Toyota Europe has extended its premium priced iQ city car range with a new version with 1.33-litre petrol engine (already used in the in the Auris, Yaris and Urban Cruiser), start-stop and the option of a CVT automatic transmission.
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