Nov
13th
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General Motors Co. said on Friday it wants state aid to help restructure European arm Opel. Full story...
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Nov
13th
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General Motors Co. said on Friday it wants state aid to help restructure Opel. The comments came a day after GM's chairman said the company could pay for its European arm itself. Full story...
Nov
13th
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General Motors Co. said on Friday it wants state aid to help restructure European arm Opel. Full story...
Nov
13th
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Porsche has announced a whopping EUR4.4bn pre-tax loss in its past fiscal year (ended July 31), a result that compares with an EUR8.6bn profit in the previous year. Full story...
Nov
13th
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We've admired the McLaren MP4-12C since it was unveiled in September and await the chance to drive one. Full story...
Nov
13th
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Volkswagen AG's head of sales warned investors Friday not to interpret the company's strong results in October as a sign that the industry is headed for a lasting rebound. Full story...
Nov
13th
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Volkswagen AG's head of sales warned investors Friday not to interpret the company's strong results in October as a sign that the industry is headed for a lasting rebound. Full story...
Nov
13th
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Hyundai Motor chairman Chung Mong-koo has said the company may add production facilities to its Chinese operations in response to rapidly rising sales. Full story...
Nov
13th
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Volkswagen AG has dropped a threat to stop awarding contracts to Magna International Inc. after the Canadian auto supplier failed to buy rival carmaker Opel from U.S. parent General Motors. Full story...
Nov
13th
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Volkswagen AG has dropped a threat to stop awarding contracts to Magna International Inc. after the Canadian auto supplier failed to buy rival carmaker Opel from U.S. parent General Motors. Full story...
Nov
13th
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Volkswagen AG has dropped a threat to stop awarding contracts to Magna International Inc. after the Canadian auto supplier failed to buy rival carmaker Opel from U.S. parent General Motors. Full story...
Nov
13th
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Struggling parts supplier Visteon Corp. received court approval on Thursday for several deals that will help it restructure operations and secure financing. Full story...
Nov
13th
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Struggling parts supplier Visteon Corp. received court approval on Thursday for several deals that will help it restructure operations and secure financing. Full story...
Nov
13th
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Daimler AG's chief financial officer told a newspaper the German automaker could not take a 2010 profit for granted given the uncertain outlook for global automotive markets. Full story...
Nov
13th
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Fiat and Ford partner Koc Holding AS said its third-quarter net profit fell 43 percent as the recession bit into revenues at Turkey's largest company. Net profit fell to 466.4 million lira ($314. Full story...
Nov
13th
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Porsche SE drastically slashed its dividend after posting a massive pretax loss, marred by writedowns on stock options for heavily inflated VW shares. Porsche SE said it had a 4.4 billion euro ($6.60 billion) loss before tax after an 8. Full story...
Nov
13th
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Porsche SE drastically slashed its dividend after posting a massive pretax loss, marred by writedowns on stock options for heavily inflated VW shares. Porsche SE said it had a 4.4 billion euro ($6.60 billion) loss before tax after an 8. Full story...
Nov
13th
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Daimler AG CEO Dieter Zetsche said on Thursday it will take until 2012 or 2013 before the U.S. auto market recovers to the sales levels seen before the recent recession-driven decline. Full story...
Nov
13th
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Delphi Automotive LLP's plastic radio housing that is becoming the company's new standard for replacing metal cases is the grand prize winner of the Society of Plastics Engineers' Automotive Innovation Awards for customer General Motors Corp. Full story...
Nov
13th
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Two days after GM Chairman Ed Whitacre said the government should loosen its restrictions on executive pay for bailed-out companies, the White House pay czar signaled his willingness to raise salary caps for new hires. Full story...