Despite the difficult economic times and the severe drop in sales for all car constructors, French car manufacturer Citroën has opted to continue its involvement in the FIA World Rally Championship.
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Finnish Formula 1 driver Kimi Raikkonen said on Thursday it is possible he will launch a full time rallying career in the future.
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Penske Automotive Group plans to complete a deal to buy Saturn from General Motors Co. by the end of September, the chairman of the No. 2 auto dealership chain said on Wednesday.
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Dealers say they are encountering many obstacles to accessing reimbursements for U.S. vouchers through the cash-for-guzzlers program. Some of those problems, and some explanations, follow:
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Used vehicle sales are hitching a ride on the cash-for-guzzlers bandwagon, some dealers say. But others caution that the program will hurt the used-vehicle market down the road.
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Federal refunds to dealers tripled on Tuesday, the third day of the cash-for-guzzlers program, as some dealers expressed concern that the program's $1 billion budget would soon be depleted.
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Supplier BorgWarner Inc. said today it posted its fourth straight quarterly loss, hurt by weak production volumes and restructuring costs, sending its shares down almost 9 percent.
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General Motors Co.'s newly appointed marketing chief, Bob Lutz, said he has no immediate plans to review or fire the automaker's advertising agencies even though he publicly criticized a recent Buick ad campaign.
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General Motors Co.'s newly appointed marketing chief, Bob Lutz, said today he has no immediate plans to review or fire the automaker's advertising agencies.
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In today's News Brake: BMW will pull out of F1 at the end of the season, Mustang saddles up for NASCAR, and we review the Buick LaCrosse . . . But Wait, There's More!
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In today's News Brake: BMW will pull out of F1 at the end of the season, Mustang saddles up for NASCAR, and we review the Buick LaCrosse...But Wait, There's More!
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General Motors Co. will return to the leasing business focusing on luxury vehicles, but not on a broader basis, Vice Chairman Bob Lutzsaid today.
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German electronics supplier Continental AG has asked its UAW work force in Huntsville, Ala., for a plan to keep their struggling plant open.
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French supplier Valeo today said it posted lower sales and recorded a $299 million loss during the first half, but revised its forecast for worldwide car production upwards for the year as a whole.
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Stant Manufacturing Inc., a 111-year-old supplier of fuel systems, has filed for Chapter 11 reorganization, becoming at least the 16th major auto supplier to do so this year. The Connersville, Ind.
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Seven times world champion makes shock comeback in place of injured Felipe Massa
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New saloon set to star at this year's Frankfurt Motor Show
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Some 11,908 new cars were sold in Taiwan in the first 20 days of July, a 28.5% year-on-year gain that points to market recovery, according to Taiwan's Ministry of Transportation and Communications (MOTC).
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London 'black cab' maker Manganese Bronze has reported a pretax loss GBP600,000 pounds for the first half of 2009, blaming the economic downturn for a sales slump.
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