Volkswagen is expected to buy bankrupt Wilhelm Karmann, the niche vehicle producer, for considerably less than the EUR100m (US$150m) that Karmann's stakeholders want.
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Top Indian carmaker Maruti Suzuki has booked a 93% jump in quarterly profit but warned rising costs and a stronger yen could put pressure on its margins in the future.
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Twenty examples of 237bhp super hatch confirmed for UK, priced at £38,599 each
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California-based Fisker Automotive is expected to announce tomorrow (27 October) that it is buying a former GM assembly plant in the eastern state of Delaware to build its Nina plug-in electric car there from 2012.
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AvtoVAZ is gearing up for what may prove a make-or-break rescue plan as the government, state-controlled banks and Renault deliberate its future. The maker of Lada cars has racked up first-half losses of 19.4 billion rubles ($667.1 million).
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AvtoVAZ is gearing up for what may prove a make-or-break rescue plan as the government, state-controlled banks and Renault deliberate its future. The maker of Lada cars has racked up first-half losses of 19.4 billion rubles ($667.1 million).
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AvtoVAZ is gearing up for what may prove a make-or-break rescue plan as the government, state-controlled banks and Renault deliberate its future. The maker of Lada cars has racked up first-half losses of 19.4 billion rubles ($667.1 million).
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General Motors' management board will discuss the sale of 55% of Opel and Vauxhall to a consortium led by Magna International at its next regular meeting on 3 November, GM's chief negotiator John Smith has said.
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Indian autoparts maker Motherson Sumi Systems on Monday said its Samvardhana Motherson Reflectec (SMR) unit had received orders worth about EUR200m (INR14bn) to supply automotive mirrors.
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U.S. Vice President Joe Biden plans on Tuesday to visit a closed General Motors plant in Wilmington, Del., for an announcement, according to the White House.
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U.S. Vice President Joe Biden plans on Tuesday to visit a closed General Motors plant in Wilmington, Del., for an announcement, according to the White House.
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South Korea's LG Electronics will supply Volkswagen AG with car audio systems worth about $370 million. Under the seven-year deal, LG will become one of the largest suppliers of audio systems for VW, Seat and Skoda brands.
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Montreal, October 26, 2009 - For the last 18 years, Gino Rosato has risen through the ranks at Ferrari. The second Québécois, after Gilles Villeneuve, to serve the prancing horse, this Italian-Canadian from Laval announced at a press conference today that this year's Formula 1 Grand Prix, on November 1 at the Yas Marina Circuit in Abu Dhabi, will be his last.
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After two weeks of frustration Denny Hamlin made a strong comeback with a win in his home state of Virginia at Martinsville.
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LAS VEGAS - The Ford Mustang, America's favorite muscle car, is also the most customized car in the $31.8 billion aftermarket industry, and there will be no shortage of polished-up ponies at this year's SEMA (Specialty Equipment Market Association) show, which is being held Nov. 3-6 at the Las Vegas Convention Center.
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We can't believe it either, but it's that time of the year again! T'is the season when a large number of Canadian automotive journalists converge on the small town of Niagara-on-the-Lake, in Ontario's famed wine country, to find the best of the best.
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Vancouver, BC - The Vancouver 2010 Olympic and Paralympic Winter Games got a little greener today with the launch of the zero emission Chevrolet Equinox fuel cell demonstration fleet that will operate in Vancouver until the end of the Games.
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Ben Spies (Yamaha) will graduate to MotoGP next year as the 2009 World Superbike Champion, after doing exactly what was needed to secure the title in the final event of the 2009 WSBK season at Portimao.
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Valentino Rossi has asked Ferrari team boss Stefano Domenicali for another test at the wheel of the famous team's formula one car.
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Turkish artist Esref Armagan is renowned throughout the world for his unique feel for perspective and shape. He was the very first non-employee to be invited to Volvo Car Corporation headquarters in Sweden to see and paint the yet-to-be-revealed next generation Volvo S60. Although the car will not be launched until 2010, Volvo Cars is already revealing his interpretation on the social media site Facebook.
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