Opel Trust chief Fred Irwin has warned the automaker could run out of cash within three months unless a deal to sell a majority stake to the Magna consortium happens fast.
Full story...
Honda Motor's CEO has signalled a shift in emphasis for a next generation of fuel-efficient cars by saying he would consider launching electric cars in the United States, Europe and Japan.
Full story...
A year before it launches U.S. sales of its first electric family car, Nissan Motor Co. is developing a next-generation battery that will be lighter and less expensive.
Full story...
MANAGING EDITOR ROGER HART: This is the best SUV in the world. Why? Because it doesnand#8217;t really drive like an SUV. From a pure philosophical point of view, I really dislike this thing.
Full story...
By 2012, AvtoVAZ plans to start producing a low end sedan to replace its classic models and the Samara, vice president Hugo Demarchelier has said.
Full story...
Teetering on the edge of bankruptcy, AvtoVAZ expects its net loss to broaden to RUB30.7bn rubles in 2009 from RUB6.6bn in 2008, as calculated under Russian Accounting Standards (RAS), according to an internal report.
Full story...
AvtoVAZ may file for bankruptcy protection if it fails to restructure its debt, Oleg Lobanov, the automaker's vice president for finance, has said.
Full story...
Annual automobile production passed the 10m mark on Tuesday, making China the third country after the United States and Japan to have passed the milestone in a year, state media reported.
Full story...
Ford may beat consensus estimates in the third quarter, an analyst at Barclays has said, as he raised his outlook for the quarter and upgraded shares to "equal weight" from "underweight."
Full story...
Administrations (bankruptcies) in the UK manufacturing sector have increased by 33% in the first nine months of 2009 compared with the same period last year, according to analysis by Deloitte.
Full story...
Nissan Motor and Sumitomo Corporation have announced joint plans to 'Reuse, Resell, Refabricate and Recycle' lithium-ion batteries previously used in electric cars, giving them a 'second-life' as energy-storage systems worldwide.
Full story...
Truckmaker Navistar International Corporation has reached a tentative settlement of the Securities and Exchange Commission's investigation into the company's December 2007 restatement of its financial results for 2002 through the first three quarters of 2005 that, it said in a statement, "will fully resolve the matters under investigation".
Full story...
Indian tyremaker Apollo's second fiscal quarter consolidated sales rose over 60% and said results were "sound" despite rising raw material prices.
Full story...
Daimler on Tuesday said third quarter and nine month results for 2009 showed cash flow had improved.
Full story...
Nissan's luxury brand is planning a battery-powered Audi A3 rival
Full story...
Suzuki is joining to the race to go green and is revealing plug-in hybrid and fuel-cell concept vehicles at the Tokyo auto show.
Full story...
Mazda Motor Corp., which lacks its own hybrid and electric drivetrains, on Tuesday unveiled a new generation of fuel-efficient engines that it hopes will keep its models competitive in an age of high-tech green vehicles.
Full story...
The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
