Envi, the team of engineers charged with developing electric vehicles for Chrysler, has been disbanded.
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Envi, the team of engineers charged with developing electric vehicles for Chrysler, has been disbanded.
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Isuzu has posted a net loss of 27.8 billion yen for April-September, against a year-earlier profit of 30.1 billion yen.
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All-new 5-Series takes shape ahead of its official unveil later this month
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BorgWarner Inc. forecasts about $1.8 billion in net new powertrain business in the next three years, surprising analysts who expected the supplier's plan to take a sharper hit from the global recession.
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BorgWarner Inc. expects about $1.8 billion in net new business through 2012 with 80 percent from programs launching in Europe and Asia and 20 percent from the Americas.
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GM is in 'advanced talks' with its Chinese partners on a proposal to bring their vehicles to India, the Press Trust of India has reported.
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Renault-Nissan chief Carlos Ghosn believes that the global car market has bottomed and is set to hit 60m units in 2009.
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In News Brake: The Audi S5 makes for a great drive, and we give you the details; Fiat unplugs Chrysler's Envi unit, and Ford will not bring the global Ka and Ranger products to the United States . . . But Wait, There's More!
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To meet what it says is 'strong current and future market demand for the 2010 Chevrolet Equinox and GMC Terrain', CAMI Automotive is investing $C90 million in a project that includes the re-tooling of the facility's West Body Shop resulting in increased capacity and the recall of approximately 150 employees.
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GM will reportedly stick to a plan to cut costs at Opel by 30%, according to remarks made by Bob Lutz reported in a Swiss newspaper.
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Lear Corp. emerged from Chapter 11 bankruptcy today under the ownership of its secured lenders and bondholders after four months under court protection.
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Motors Liquidation Co. (MLC), formerly known as General Motors Corp., has announced that it intends to continue with the sale process of its powertrain manufacturing and engineering facility in Strasbourg, France, which operates as a subsidiary of MLC.
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General Motors Co. said today it would invest C$90 million ($85.1 million) to expand a joint venture plant in Canada where it builds the Chevrolet Equinox and GMC Terrain crossovers.
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Lear Corporation announced today that it has successfully emerged from its court-supervised financial reorganisation with a 'strong and flexible balance sheet, positive operating results in the third quarter, a growing sales backlog and a robust competitive profile'.
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By 2014, 12 nameplates from Chrysler, Dodge, Jeep or Ram will have heavy Fiat influence. They will either be developed on Fiat Group platforms or rebadged and imported from the Fiat Group. For example, a fwd Lancia will be badged as a Chrysler.
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The law firm of McCuneWright, LLP, has filed a national class action lawsuit against Toyota Motor Corporation on behalf of Toyota and Lexus owners who have 'experienced incidents of sudden unintended acceleration'.
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Ford Motor Co. will not sell the Ford Ka minicar or the global Ford Ranger pickup in the United States, CEO Alan Mulally says.
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New car sales in Russia fell 52 percent in October year-on-year, the same level of decline reported for September, data from the Association of European Businesses showed.
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