Dutch sports car maker Spyker Cars N.V. remains interested in buying Swedish automaker Saab from parent General Motors Co. and is not aware of any deadlines imposed on the process, a spokesman for Spyker said. Spyker first said on Dec.
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Daimler has guaranteed the jobs of 37,000 workers at its Singelfingen factory in south-west Germany until 2020 and said it will create about 2,000 new posts.
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James Campbell was last night named general manager of General Motors' top selling Chevrolet brand, effective immediately. He previously headed GM's fleet and commercial operations.
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General Motors will need to decide this week whether to sell its loss-making Swedish car unit Saab, Swedish daily newspaper Svenska Dagbladet quoted the government's 'car czar' as saying on Thursday.
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Large format lithium ion battery maker Ener1 has received US$20m in fresh investment capital from Itochu Corporation, a Japanese commercial trading giant ties to the automotive, utility and renewable energy industries. Itochu purchased 3.2m shares in Ener1 at US$6.18 each.
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Production of Think Global's electric minicar started today at Valmet Automotive's plant in Finland. Think stopped output at its factory in Aurskog, near Oslo, in the second quarter as a result of the financial crisis.
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Production of Think Global's electric minicar started today at Valmet Automotive's plant in Finland. Think stopped output at its factory in Aurskog, near Oslo, in the second quarter as a result of the financial crisis.
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It's ambitious, it's unprecedented and it's loaded with pitfalls. But if it can be pulled off, it could serve as a template for international growth for American auction houses.
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Plastic Omnium CEO Laurent Burelle has said he expects fourth-quarter sales to show double digit growth thanks to consumers buying news cars before national scrappage schemes are phased out.
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Audi confirms Tesla Roadster-rivalling electric supercar will arrive in 2012
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General Motors Co. will need to decide this week whether to sell its money-losing Saab brand, daily Svenska Dagbladet quoted the Nordic government's car czar saying on Thursday.
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General Motors Co. will need to decide this week whether to sell its money-losing Saab brand, daily Svenska Dagbladet quoted the Swedish government's car czar saying today.
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General Motors Co. will need to decide this week whether to sell its money-losing Saab brand, daily Svenska Dagbladet quoted the Nordic government's car czar saying on Thursday.
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STOCKHOLM (Reuters) -- General Motors Co. will need to decide this week whether to sell its money-losing Swedish car unit Saab, daily Svenska Dagbladet quoted the Nordic government's car czar saying on Thursday.
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Toyota said it will unveil a concept of its new car for emerging markets at the New Delhi auto show on Jan. 5. It plans to sell the compact car in India, Russia and Latin America at a price under $10,000.
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Toyota said it will unveil a concept of its new car for emerging markets at the New Delhi auto show on Jan. 5. It plans to sell the compact car in India, Russia and Latin America at a price under $10,000.
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Toyota said it will unveil a concept of its new car for emerging markets at the New Delhi auto show on Jan. 5. It plans to sell the compact car in India, Russia and Latin America at a price under $10,000.
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China will subsidize sales of green vehicles in five cities selected for a pilot program as the government steps up efforts to promote environmentally friendly vehicles in a bid to cut fuel emissions.
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The departure of the brand heads of Buick-GMC and Chevrolet marks the end of the Henderson-Lutz era and the beginning of Susan Docherty's reign in sales and marketing. Buick-GMC head Michael Richards, who left Ford Motor Co.
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Toyota's Ray Tanguay, President of Toyota Motor Manufacturing Canada, has just announced that their Woodstock, Ontario plant will increase production and therefore be adding a second shift.
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