Production of the Chevrolet Kodiak and the GMC Topkick medium-duty trucks will cease by July 31, General Motors said Monday.
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AlixPartners L.L.P., the corporate advisory firm guiding General Motors' bankruptcy restructuring, was paid nearly $40 million before the automaker's June 1 Chapter 11 filing and stands to earn more than $13 million as the process continues.
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AlixPartners L.L.P., the corporate advisory firm guiding General Motors' bankruptcy restructuring, was paid nearly $40 million before the automaker's June 1 Chapter 11 filing and stands to earn more than $13 million as the process continues.
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Indebted supplier Continental will examine a full merger with its ailing large shareholder, Schaeffler, that would create a company with some 33 billion euros ($45.6 billion) in sales.
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The Acura ZDX continues its drive to showrooms this fall, and the new luxury four-door was spied during testing on the road.
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The Acura ZDX continues its drive to showrooms this fall, and the new luxury four-door was spied during testing on the road.
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Japanese factories making the third-generation Toyota Prius are humming at near full capacity to meet booming demand for the hybrid car. Four lines, at Toyota's Tsutsumi plant and a factory belonging to affiliate Toyota Auto Body Co.
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Japanese factories making the third-generation Toyota Prius are humming at near full capacity to meet booming demand for the hybrid car. Four lines, at Toyota's Tsutsumi plant and a factory belonging to affiliate Toyota Auto Body Co.
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There could be a slight glimmer of hope for the Pontiac G8 to live on in some rebadged form.
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Toyota's Takahiro Fujioka has got something most auto plant managers would kill for right now: assembly lines running at almost full capacity.
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The Emir of Qatar has given his verbal commitment to buy into Porsche via his state fund, German magazine Focus reported at the weekend.
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General Motors will end production of its medium-duty truck operations by July 31. GM's medium-duty trucks include the Chevrolet Kodiak and GMC Topkick. GM has been trying to sell the operations for four years and has worked with multiple buyers.
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General Motors will shut down its medium-duty truck business by July 31 after a four-year search failed to find a buyer.
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General Motors will shut down its medium-duty truck business by July 31 after a four-year search failed to find a buyer.
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In today's News Brake: Lamborghini makes plans to make its cars and factory greener; Tata wants to put a Nano in your driveway; and Audi is putting its future cars on a diet ... But Wait, There's More!
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Figuerelas, Opel's struggling Spanish car factory, will begin assembling the new Meriva MPV in autumn 2009, helping boost its slumping output rates, workers' commite chief Jose Arceiz told just-auto.com.
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The Slovakian automotive industry posted an annual output decline of 51.6% in April, the steepest fall since the current data series started in 1999, compared with a 30.9% fall in March.
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Unionised workers at Ssangyong have said they will continue their sit-in strike, rejecting a proposal from the management that it could reconsider layoffs if they disperse.
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Hundreds of jobs could be at risk if a loan package isn't offered

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