The 40th Anniversary 2008 Mustang Cobra Jet, announced about a year ago, has been such a huge success for Ford Racing that the company will build a 2010 model, available later this year.
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Sanyo Electric has revealed it has future automaker customers for its lithium-ion batteries in Japan, the US and Europe.
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Editor's note: The manufacturer had asked all media outlets to hold Taurus SHO drive stories until July 22. Since two publications chose not to hold their stories, we are publishing ours as well.
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Editor's note: The manufacturer had asked all media outlets to hold Taurus SHO drive stories until July 22. Since two publications chose not to hold their stories, we are publishing ours as well.
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Russia's Sberbank and Magna, which recently signed a framework agreement to buy a 55% stake in Opel, may form an alliance with Russia's largest carmaker AvtoVAZ, Kommersant business daily reported on Wednesday, citing Sberbank president and CEO German Gref.
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Ethanol fuel has now been on sale in Brazil for 30 years.
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The Gulf emirate of Qatar expects to announce the outcome of talks on buying a 25% stake in Porsche in early July, prime minister Sheikh Hamad bin Jassem al-Thani told the Gulf Times today.
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Michelin confirned today that it would cut 1,093 jobs on a voluntary basis as part of a restructuring of its facilities as it battles falling demand from carmakers.
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Magna International will establish a firewall between its parts business and car business if it succeeds in its bid for General Motors' Opel division, co-CEO Donald Walker told Reuters Television in an interview.
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Saab Automobile secured a key court ruling on Wednesday allowing it to cut billions of crowns of debt and paving the way for a takeover of the General Motors unit led by Swedish sports car maker Koenigsegg.
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Saab Automobile secured a key court ruling on Wednesday allowing it to cut billions of crowns of debt and paving the way for a takeover of the General Motors unit led by Swedish sports car maker Koenigsegg.
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After five months of 2009, sales here in Colombia were down 23% but the premium segment was unusually busy with new facilities and model launches.
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Metaldyne Corporation has agreed to sell some of its powertrain and other operating assets and the stock of some foreign subsidiaries as going concerns to RHJ International (RHJI) under a court-supervised sale process under Section 363 of the US bankruptcy code.
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Michelin announced on Wednesday a plan to cut 1,093 jobs on a voluntary basis as part of a restructuring of its facilities as it battles with falling demand from carmakers.
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Michelin announced on Wednesday a plan to cut 1,093 jobs on a voluntary basis as part of a restructuring of its facilities as it battles with falling demand from carmakers.
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The slimmed-down 'New GM' will have a clean balance sheet and a sensible brand portfolio. But there's an elephant in the room - and it's blue and square. It's time to bid a final farewell to the General, believes Mark Bursa.
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Germany's Continental AG inaugurated its new automotive components plant in Thailand on Tuesday, although the delay in some model programmes due to the global slump in vehicle demand has forced the company to defer part of its original investment.
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Qatar expects to reveal the outcome of talks on buying a stake in ailing German sportscar maker Porsche SE in two to three weeks, the country's prime minister said, according to media reports. "We are still discussing the stake.
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Qatar expects to reveal the outcome of talks on buying a stake in ailing German sportscar maker Porsche SE in two to three weeks, the country's prime minister said, according to media reports. "We are still discussing the stake.
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Qatar expects to reveal the outcome of talks on buying a stake in ailing German sportscar maker Porsche SE in two to three weeks, the country's prime minister said, according to media reports. "We are still discussing the stake.
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