Ford Motor Co. will report its U.S. sales for July rose from a year ago -- the first such gain in almost two years -- on a late-month surge under the federal government's cash for clunkers incentive program, senior U.S. executives said on Sunday.
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The Obama administration will fund the "cash for clunkers" program until the Senate decides whether to add $2 billion to the original $1 billion fund that is likely to be depleted this weekend, U.S. Transportation Secretary Ray LaHood said today.
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The Obama administration will fund the cash for clunkers program until the Senate decides whether to add $2 billion to the original $1 billion fund that is likely to be depleted this weekend, U.S. Transportation Secretary Ray LaHood said today.
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The two suitors for Opel must improve their bids to win government backing, German Economy Minister Karl-Theodor zu Guttenberg said on Sunday before a Monday board meeting of parent General Motors Co., which is likely to focus on Opel.
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The two suitors for Opel must improve their bids to win government backing, German Economy Minister Karl-Theodor zu Guttenberg said on Sunday. On Monday, Opel parent General Motors Co.
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Nissan took the wraps off its much-awaited electric car on Sunday, naming the hatchback "Leaf" and taking a step towards its goal of leading the industry in the zero-emissions field.
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Nissan took the wraps off its much-awaited electric car on Sunday, naming the hatchback "Leaf" and taking a step towards its goal of leading the industry in the zero-emissions field.
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Nissan CEO Carlos Ghosn unveiled the near-production version of his company's new electric vehicle, a sleek four-door hatchback dubbed the Leaf, saying the potential payoff from pioneering zero emission cars is worth the risk of investing billions.
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Opel could be forced into bankruptcy if General Motors Co. and the German government fail to agree on a buyer for the unit, Bloomberg news agency reported on Saturday. The trust that controls Opel does not back an offer by Magna International Inc.
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Opel could be forced into bankruptcy if General Motors Co. and the German government fail to agree on a buyer for the unit, Bloomberg news agency reported on Saturday. The trust that controls Opel does not back an offer by Magna International Inc.
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The war between Continental and Schaeffler rumbles on.
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The second quarter was very good to dealers and suppliers and pretty good for automakers, too. The shareholder value for European dealers increased 84.8 percent while suppliers rose 78.
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Fiat S.p.A.'s new Multiair technology, which cuts emissions from gasoline engines, could be used on Chrysler cars with very few changes, said Lucio Bernard, a director at Fiat Powertrain Technologies.
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Last year was a year of records for Volkswagen AG. The group sold a record 6.3 million vehicles and posted a record operating profit. Financial analysts say VW is in much better shape this year than its European rivals.
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The second quarter was very good to dealers and suppliers and pretty good for automakers, too. The shareholder value for European dealers increased 84.8 percent while suppliers rose 78.
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The war between Continental and Schaeffler rumbles on.
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GM Europe's head of manufacturing, Eric Stevens, will return to North America to head the global manufacturing engineering operations of General Motors Co.
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Last year was a year of records for Volkswagen AG. The group sold a record 6.3 million vehicles and posted a record operating profit. Financial analysts say VW is in much better shape this year than its European rivals.
Full story...
GM Europe's head of manufacturing, Eric Stevens, will return to North America to head the global manufacturing engineering operations of General Motors Co.
Full story...