Azure Dynamics Corp. has replaced SEV US Corp. as developer of the drivetrain for Ford Motor Co.'s battery-electric Transit Connect commercial van slated to launch next year, the automaker said today.
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Azure Dynamics Corp. has replaced SEV US Corp. as developer of the drivetrain for Ford Motor Co.'s battery-electric Transit Connect commercial van slated to launch next year, the automaker said today.
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Supplier Recticel Interiors North America LLC has filed for Chapter 11 bankruptcy protection as it attempts to revamp two money-losing contracts worth about 80 percent of its annual revenue.
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So it looks like Geely is now the front-runner to acquire Volvo from Ford. Analysts have been questioning if the Chinese firm can uphold the brand values and superb safety rep but Geely itself remained confident as the week drew to a close.
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Belgian foam maker Recticel said today that two of its U.S. subsidiaries filed for Chapter 11 bankruptcy protection from creditors due to the crisis in the U.S. automotive market.
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Belgian foam maker Recticel said today that two of its U.S. subsidiaries filed for Chapter 11 bankruptcy protection from creditors due to the crisis in the U.S. automotive market.
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It wouldn't be Halloween without a little car fun. So we asked a couple of our writers to hand out their picks for "scary" cars.
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General Motors Corp.'s vice chairman on Thursday donned his monogrammed helmet and put Cadillac's 550-horsepower sedan through some warm-up laps at Monticello Motor Club in New York.
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General Motors Co.'s marketing chief Bob Lutz on Thursday donned his monogrammed helmet and put Cadillac's 550-horsepower sedan through some warm-up laps at Monticello Motor Club in New York.
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Scion has done a remarkable job of maintaining the cool, urban hip milleau it established way back when the division started.
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American Axle and Manufacturing Holdings Inc. posted its first quarterly profit in two years in the third quarter as the company improved its bottom line from lowered costs and retiree benefit cuts.
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Look for several Lexus cars in Las Vegas, two with F-Tuned bodies, four from various tuners and one genuine LFA supercar making its U.S. debut after last week's worldwide reveal at Tokyo.
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Hedge fund Appaloosa Management and other investors have settled a lawsuit with Delphi stemming from a failed and contentious plan to take the auto parts maker out of bankruptcy in 2008, sources have said.
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Penske Automotive Group reported a 23 percent increase in third-quarter profit today and said it is open to lining up new distribution contracts now that its bid for GM's Saturn has fallen through.
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Penske Automotive Group, the No. 2 U.S car dealership group by sales, reported a 23 percent increase in third quarter earnings today on cost-cutting and a boost from the U.S. government's cash for clunkers program. Net income rose to $27.
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BMW Group and the SGL Group have agreed to establish a joint venture to produce carbon fibres and textile semi-finished products (CFRP) for use in vehicle construction. The total investment is EUR90m in the first development phase.
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A year after its debut, over half a million customers have purchased the latest Fiesta, marking an important milestone as Ford prepares to bring the fuel-efficient, global car to the US and other key Asian Pacific markets next year.
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Three Russian ministries have drafted a ruling that would encourage more complex CKD production by foreign car makers making vehicles in Russia under the industrial assembly regime, Vedomosti business daily reported Friday citing the draft ruling.
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Nissan Motor chief executive Carlos Ghosn has said the automaker plans to eventually overcome the high cost of making advanced batteries and make its all electric cars price competitive even without government subsidies.
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