The U.S. government has agreed to allow dealers to submit cash-for-clunkers transactions for vehicles ordered from factories instead of just those purchased at a dealership.
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During the rebuilding of Japan post World War II, a Japanese toy designer took a discarded tin can and molded it into an intricate model car.
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Volkswagen will buy 42 percent of Porsche's sports-car business en route to a full merger by the end of 2011, the companies announced Thursday.
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Porsche will likely run autonomously in North America after its integration with Volkswagen AG, a spokesman says.
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Chrysler creditors have won approval from a federal bankruptcy court to sue Daimler AG and pursue a claim that its 2007 sale of Chrysler stripped the U.S. automaker of its most valuable assets.
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General Motors Co. will invest $43 million to create a plant in Michigan where it will build lithium-ion battery packs for its Chevrolet Volt and other electric vehicles.
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Volkswagen AG agreed today to buy a 42 percent stake in the sports car unit of debt-ridden Porsche Automobil Holding SE in another step toward combining the two German carmakers into a European automotive giant. VW will pay up to 3.
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Volkswagen AG agreed to buy a 42 percent stake in the sports car unit of debt-ridden Porsche Automobil Holding SE in another step toward combining the two German carmakers into a European automotive giant. VW will pay up to 3.3 billion euros ($4.
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Volkswagen AG agreed to buy a 42 percent stake in the sports car unit of debt-ridden Porsche Automobil Holding SE in another step toward combining the two German carmakers into a European automotive giant. VW will pay up to 3.3 billion euros ($4.
Full story...
Volkswagen AG agreed to buy a 42 percent stake in the sports car unit of debt-ridden Porsche SE, another step toward combining the two German carmakers into a European automotive giant. VW will pay up to 3.3 billion euros ($4.
Full story...
The Honda Insight and Toyota Prius hybrids received "top safety pick" labels from an insurance group, bolstering sales prospects for two of the industry's most fuel-efficient vehicles.
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German Chancellor Angela Merkel said on Thursday a German task force would decide this weekend on bids for Opel, but could not rule out a difference of opinion with the carmaker's parent company General Motors Co.
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German Chancellor Angela Merkel said on Thursday a German task force would decide this weekend on bids for Opel, but could not rule out a difference of opinion with the carmaker's parent company General Motors Co.
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The U.S. fund to boost sales of fuel-efficient vehicles could run out within a month, Ford Motor Co.'s chief economist said.
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Porsche and Volkswagen have broadly agreed on sale terms, and the name Auto Union may be resurrected, Reuters reports.
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Volkswagen AG's supervisory board on Thursday approved a deal with Porsche Automobil Holding SE that preserves the German state of Lower Saxony's right to block significant decisions at VW, a politician from VW's home state said on Thursday.
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Volkswagen Group chief executive Martin Winterkorn may also lead the Porsche SE holding company under a plan being discussed by the carmakers' supervisory boards.
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Volkswagen Group chief executive Martin Winterkorn may also lead the Porsche SE holding company under a plan being discussed by the carmakers' supervisory boards.
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Beijing has called on the US to refrain from imposing punitive tariffs against China's tyre exports to the US, saying such a move may backfire.
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