Kia Motors' second quarter earnings nearly quadrupled as government tax incentives and rising overseas demand for small cars boosted sales.
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Dealers' rebate claims on cash-for-clunkers transactions have continued a steady climb so far this week. Dealers have submitted 316,189 claims totaling $1.33 billion as of this morning, Aug. 12, the U.S. Department of Transportation said.
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American Axle and Manufacturing Holdings Inc., beleaguered by low production levels this year at its largest customer General Motors, made an interest payment of just over $6.
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The Korea Export Insurance Corporation (KEIC) reportedly plans to provide US$255m of loan guarantees to Hyundai for the construction of a car assembly plant in the St Petersburg area.
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TRW Automotive Holdings Corp. expects to collect about $234 million from its issuance of at least 14 million new shares of common stock announced Monday.
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The green car mileage race is now under way, and Nissan Motor Co. isn't impressed by the Chevrolet Volt's 230-mpg claim.
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The green car mileage race is now under way, and Nissan Motor Co. isn't impressed by the Chevrolet Volt's 230-mpg claim.
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Toyota expects its sales in Russia to halve this year due to falling demand.
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General Motors CEO Fritz Henderson acknowledged Tuesday in a live Web cast that the automaker was indeed behind the mysterious, unbranded Web site whatis230.
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General Motors CEO Fritz Henderson acknowledged Tuesday in a live Web cast that the automaker was indeed behind the mysterious, unbranded Web site whatis230.
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General Motors CEO Fritz Henderson acknowledged Tuesday in a live Web cast that the automaker was indeed behind the mysterious, unbranded Web site
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GM reportedly expects that the executive team at Opel will remain largely intact after the planned sale of a majority stake this year. However, opinions vary on when the bidding winner will be announced.
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Nissan Motor Co., in an online marketing blurb, says it isn't impressed by the Chevrolet Volt's 230-mpg claim. The Japanese automaker says its new Leaf electric vehicle gets 367 mpg, or about 60 percent better fuel efficiency than the Volt.
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Nissan Motor Co., in an online marketing blurb, says its new Leaf electric vehicle gets 367 mpg, or about 60 percent better fuel efficiency than the Chevy Volt.
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General Motors is anxious to wrap up the sale of Opel, a top executive said Tuesday.
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General Motors is anxious to wrap up the sale of Opel, a top executive said Tuesday.
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Ford of Europe said new-car sales in its 19 main markets increased by 5 percent to 125,200 in July, giving the carmaker its highest market share since 1999. Booming sales of the Fiesta and Ka helped Ford boost its market share by 0.
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Ford of Europe said new-car sales in its 19 main markets increased by 5 percent to 125,200 in July, giving the carmaker its highest market share since 1999. Booming sales of the Fiesta and Ka helped Ford boost its market share by 0.
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