It would be fair to say that Germany is not best pleased this morning over GM's decision last night not to sell Opel to a Magna-led consortium and, instead, retain and restructure the European unit.
Full story...
British Business Secretary Peter Mandelson said on Wednesday he wanted talks soon with General Motors Co. after the U.S. automaker scrapped plans to sell its European Opel unit, which includes British sister brand Vauxhall and its UK plants.
Full story...
British Business Secretary Peter Mandelson said on Wednesday he wanted talks soon with General Motors Co. after the U.S. automaker scrapped plans to sell its European Opel unit, which includes British sister brand Vauxhall and its UK plants.
Full story...
In a surprise decision announced last night, General Motors' board has reversed course and decided to retain and restructure Opel.
Full story...
Nissan Motor Co., Japan's third-largest automaker, revised its annual outlook to a profit from a loss today as soaring sales in China helped drive quarterly earnings beyond the market's expectations.
Full story...
Nissan Motor Co., Japan's third-largest automaker, revised its annual outlook to a profit from a loss today as soaring sales in China helped drive quarterly earnings beyond the market's expectations.
Full story...
GM will return the money it was loaned by Germany to help Opel, German Economy Minister Rainer Bruederle said today after the U.S. carmaker decided to keep its European unit.
Full story...
GM will return the money it was loaned by Germany to help Opel, German Economy Minister Rainer Bruederle said on Wednesday after the U.S. carmaker decided to keep its European unit.
Full story...
Toyota Motor Corp. said on Wednesday it will pull out of Formula One racing. Toyota, the world's largest carmaker, was the last Japanese team left in the sport following Honda Motor Co.'
Full story...
General Motors Co.'s Opel unit put the best face on its parent's decision to reverse course and keep its European arm rather than sell it to a group led by Magna International Inc..
Full story...
General Motors Co.'s Opel unit put the best face on its parent's decision to reverse course and keep its European arm rather than sell it to a group led by Magna International Inc..
Full story...
Hayes Lemmerz International Inc., a century-old maker of aluminum and steel wheels for cars and trucks, said it won approval of its bankruptcy reorganization plan on Tuesday, and expects to emerge from Chapter 11 this year.
Full story...
Bitterness, anger and disbelief mixed with betrayal and even resignation are just some of the emotions boiling within Germany following Tuesday's news that General Motors Co. will scrap its sale of Opel.
Full story...
Bitterness, anger and disbelief mixed with betrayal and even resignation are just some of the emotions boiling within Germany following Tuesday's news that General Motors Co. will scrap its sale of Opel.
Full story...
Bitterness, anger and disbelief mixed with betrayal and even resignation are just some of the emotions boiling within Germany following Tuesday's news that General Motors Co. will scrap its sale of Opel.
Full story...
Tell most analysts that Chrysler Group's sales are going to rise to about 3 million in 2014 from roughly 1.5 million this year and here is the reaction you will get: No chance. Chrysler CEO Sergio Marchionne is used to turning doubters in believers.
Full story...
Tata Motors Ltd., India's largest vehicles maker, may allow local car assemblers to put together its Nano and sell it under their own brand, the Business Standard reported on Monday.
Full story...
Bitterness, anger and disbelief mixed with betrayal and even resignation are just some of the emotions boiling within Germany following Tuesday's news that General Motors Co. will scrap its sale of Opel.
Full story...
The global meltdown and resulting implosion in vehicle sales over the past year have pressured everyone in the automotive sector, creating opportunities for some players while leaving others subject to bankruptcy, consolidation or concessions.
Full story...
Tell most analysts that Chrysler Group's sales are going to rise to about 3 million in 2014 from roughly 1.5 million this year and here is the reaction you will get: No chance. Chrysler CEO Sergio Marchionne is used to turning doubters in believers.
Full story...
The latest auto news, reviews, prices, product and vehicle releases.