SB LiMotive, an electric vehicle battery joint venture between Samsung SDI and Robert Bosch, is acquiring US battery maker Cobasys, Samsung SDI said on Tuesday.
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The Belgian buyout fund that's emerged as a front-runner to acquire a stake in Opel/Vauxhall is predicting an "imminent" announcement, possibly tomorrow.
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Pakistan's autos sector continued to underperform in fiscal 09, but analyst BMI says some segments are showing signs of recovery.
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General Motors helped orchestrate a campaign inviting as many as 4,000 U.S. dealers to oppose U.S. legislation that would save stores targeted for closing, a spokesman said.
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General Motors helped orchestrate a campaign inviting as many as 4,000 U.S. dealers to oppose U.S. legislation that would save stores targeted for closing, a spokesman said.
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Special super-limited edition version of hot 500 is revealed
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Fujian Daimler Automotive Co. is planning to start commercial production of Mercedes-Benz vehicles in China in early August, according to local media reports.
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As if Chapter 11 restructuring wasn't enough to cope with right now, interiors specialist Lear has had to fly in salaried workers to its Arlington, Texas, plant from around the country to maintain production at the seating plant there after it barred union workers from the factory on Friday.
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Fiat S.p.A. confirmed it will make a non-binding offer to buy struggling Italian contract manufacturer Carrozzeria Bertone S.p.A. Fiat's offer is one of five for the dormant coachbuilder.
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Fiat S.p.A. confirmed it will make a non-binding offer to buy struggling Italian contract manufacturer Carrozzeria Bertone S.p.A. Fiat's offer is one of five for the dormant coachbuilder.
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Fiat S.p.A. confirmed it will make a non-binding offer to buy struggling Italian contract manufacturer Carrozzeria Bertone S.p.A. Fiat's offer is one of five for the dormant coachbuilder.
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Fiat S.p.A. confirmed it will make a non-binding offer to buy struggling Italian contract manufacturer Carrozzeria Bertone S.p.A. Fiat's offer is one of five for the dormant coachbuilder.
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"The profession was invented in this room,and#8221; says Richard Rogers, president of the College for Creative Studies (CCS), as he stands in the dusty construction site that used to be the General Motors Argonaut Building.
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Ford and General Motors have objected to a plan by bankrupt supplier Visteon to pay employees up to US$80.1m, saying that they and major auto parts suppliers had eliminated performance incentives for 2009.
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Lexus has already taken 3,000 orders for the new HS250h, its first hybrid-only sedan which has been launched in Japan.
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Bosch has invested approximately US$8m to renovate its vehicle test track in Flat Rock, Michigan, to provide an updated facility that will be used to test a variety of automotive technologies.
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A US bankruptcy judge gave General Motors permission on Monday to buy several assets of bankrupt Delphi as part of a deal with a private equity firm that could take the supplier out of bankruptcy.
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Volkswagen's second-biggest shareholder, the German state of Lower Saxony, pushed to break the deadlock in merger talks with Porsche, saying it is looking for a clarity over the matter this week.
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Volkswagen's second-biggest shareholder, the German state of Lower Saxony, pushed to break the deadlock in merger talks with Porsche, saying it is looking for a clarity over the matter this week.
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Volkswagen's second-biggest shareholder, the German state of Lower Saxony, pushed to break the deadlock in merger talks with Porsche, saying it is looking for a clarity over the matter this week.
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