ArvinMeritor Inc. reported a narrower quarterly net loss today as cost cuts countered the impact of the economic downturn. The supplier predicted improved earnings for the current quarter.
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Citroen said it will launch an electric city car called the C-Zero starting late 2010.
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Citroen said it will launch an electric city car called the C-Zero starting late 2010.
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Chrysler's new purchasing chief maintains the company is moving fast to fix or replace its troubled suppliers, and is aiming to share more parts makers with Fiat, says SupplierBusiness
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Famous Renault badge makes a comeback on sporty models.
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Famous Renault badge makes a comeback on sporty models.
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Sales of new passenger cars and LCVs in Russia decreased by 51% in the first ten months of 2009 and by 52% in October 2009, according to data released by the Moscow-based Association of European Businesses (AEB).
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GM CEO Fritz Henderson is in Germany to attempt to repair relations with those in Germany, especially the government, who were upset that GM decided not to sell a majority stake in Opel to a Magna-led consortium.
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Beijing Auto and Koenigsegg are still aiming to complete the purchase of Saab from GM before the end of the year.
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New car sales in Poland fell 8.5% in October compared to the same month last year to 25,286 according to figures from the research agency Samar.
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The worst global downturn in the motor industry in decades has had a disastrous effect on South Africa's local catalytic converter industry.
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New Merc SLS Gullwing driven, Jaguar C-Type scooped, Porsche Spyder unveiled, ultimate M3 revealed
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South Africa's automaker's association, Naamsa, says it expects new vehicle sales this year to decline by 25% compared with 2008.
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German Chancellor Angela Merkel said General Motors Co. should present a restructuring plan for its Opel unit quickly, adding the automaker would have to shoulder most of the cost.
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German Chancellor Angela Merkel said GM should present a restructuring plan for its Opel unit quickly, adding the automaker would have to shoulder most of the cost. GM has said it needs about $4.
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German Chancellor Angela Merkel said GM should present a restructuring plan for its Opel unit quickly, adding the automaker would have to shoulder most of the cost. GM has said it needs about $4.
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German Chancellor Angela Merkel said GM should present a restructuring plan for its Opel unit quickly, adding the automaker would have to shoulder most of the cost. GM has said it needs about $4.
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Volvo has released the first official pictures of the all-new Volvo S60. The new car will be unveiled at the Geneva Motor Show at the beginning of March next year.
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Beijing Auto and its Swedish partner still aim to finalize plans to buy Saab by the end of the year, an executive of the Chinese carmaker said. Beijing Auto plans to take a minority stake in Koenigsegg, which is buying Saab from GM.
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