TUSTIN, Calif., - Newly released research shows fifteen percent of new car buyers in the United States say they would consider purchasing their next vehicle from China, and eleven percent would consider buying a car from India, without knowing specific brands or vehicles. This compares with sixteen percent who said they would consider a vehicle from Korea, which has been marketing vehicles in the U. S. since the 1980s.
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Felipe Massa's personal doctor believes the injured Ferrari driver will be able to check out of hospital in central Budapest within one week.
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It is unlikely that two-time World Champion Fernando Alonso will substitute for the injured Felipe Massa at Ferrari in the forthcoming European grand prix.
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The two previous generations of the Ford Mustang clearly took inspiration from the brand's prestigious history. The next-generation 2010 Mustang also reproduces several classic elements from the original pony, particularly the gaping, mean-looking grille up front. The result is a machine with some serious demeanor and visual bite that's ready to take on fresh new challengers... like, well, the Dodge Challenger!
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Bankrupt auto parts maker Delphi Corp.'s board late today said it favored a bid put forward by its bankruptcy lenders for its assets over a rival bid by private equity firm Platinum Equity.
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The UAW urged its members to contact U.S. lawmakers to try to persuade Toyota Motor Corp. to keep operating a California assembly plant that could be targeted for closure.
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Labor talks between Ford Motor Co. and the Canadian Auto Workers are scheduled to begin Sept. 8, the union said today, with the company aiming for cost cuts and the CAW looking for job and product commitments.
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Standard and Poor's today changed its rating outlook on Ford Motor Co. to developing from negative, saying it may raise Ford's rating if losses continue to abate, though the risk of a downgrade is also significant.
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Standard and Poor's today changed its rating outlook on Ford Motor Co. to developing from negative, saying it may raise Ford's rating if losses continue to abate, though the risk of a downgrade is also significant.
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Timken Co. said it is in advanced talks to sell its needle roller bearings business after a Japanese newspaper reported Toyota auto parts affiliate JTEKT Corp. agreed to buy the unit.
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Timken Co. said it is in advanced talks to sell its needle roller bearings business after a Japanese newspaper reported Toyota auto parts affiliate JTEKT Corp. agreed to buy the unit.
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In today's News Brake: Ferrari eyes potential fill-ins for Felipe Massa; Tony George speaks; and the 2010 Subaru Legacy is tested...But Wait, There's More!
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U.S. incentives paid to dealers under the cash-for-guzzlers program won't be treated as taxable income, a spokesman for the National Automobile Dealers Association said.
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Despite the overwhelming rush to cash in on guzzlers, the Car Allowance Rebate System program could come back to bite dealers at tax time.
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Despite the overwhelming rush to cash in on guzzlers, the Car Allowance Rebate System program could come back to bite dealers at tax time.
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Despite the overwhelming rush to cash in on guzzlers, the Car Allowance Rebate System program could come back to bite dealers at tax time.
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The U.S. Treasury will not step in to influence management decisions at General Motors and Chrysler Group after providing the automakers with some $70 billion in financing to restructure in bankruptcy, a White House adviser said.
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Chrysler Group's new board of directors meets this week for the first time since the automaker emerged from bankruptcy in June to start charting the course for a turnaround under Italy's Fiat S.p.A.
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