Swedish carmaker Saab has sold the production equipment for its old 9-5 models to Beijing Automotive Industry Holding Corp. (BAIC), a newspaper reported.
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French carmaker PSA/Peugeot-Citroen SA could buy a large stake in Japanese peer Mitsubishi Motors Corp. as part of a plan to deepen ties to ride out the industry's worst ever slump. Here are some facts about Mitsubishi and Peugeot.
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A costly tie-up between PSA/Peugeot-Citroen SA and Japan's Mitsubishi Motor Corp. risks landing Europe's No. 2 carmaker with a partner too small to exploit Asia's booming markets.
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Opel labor leaders hope the threat of an even bigger pay cut will push its 50,000-strong work force to protest the potential closure of an assembly plant in Antwerp, Belgium.
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Turkey's automobile distributors association said on Thursday domestic automotive sales in the January to November period rose 3.6 percent from a year before.
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A costly tie-up between PSA/Peugeot-Citroen SA and Japan's Mitsubishi Motor Corp. risks landing Europe's No. 2 carmaker with a partner too small to exploit Asia's booming markets.
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PSA/Peugeot-Citroen could buy a large stake in Japanese peer Mitsubishi Motors Corp. as part of a plan to deepen ties to ride out the industry's worst ever slump. Here are some facts about Mitsubishi and PSA.
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A second small luxury car maker, Spyker of the Netherlands, is talking to General Motors Co. about buying Saab Automobile, weeks after the first, Sweden's Koenigsegg, abandoned its bid.
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Saab has sold the production equipment for its old 9-5 models to Beijing Auto, a newspaper reported.
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The news is finally official: Kimi Raikkonen will not be on the 2010 formula one grid because he has signed full-time with Citroen's junior World Rally Championship team.
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Ross Brawn has admitted disappointment with Jenson Button's decision to switch to Mercedes, but insists the move has nothing to do with money.
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LOS ANGELES, - This year's theme, Youthmobile 2030, asked automotive design studios to envision what a new generation of drivers - raised with cell phones, online communities and webcams - will demand from their vehicles in the year 2030
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General Motors of Canada Limited today announced that it will acquire 100 percent ownership of CAMI Automotive Incorporated (CAMI) through a purchase transaction to buy shares currently owned by long-time partner Suzuki Motor Corporation.
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Italian Formula 1 driver Giancarlo Fisichella admits he is keen to keep racing in formula one, but insists he will be Ferrari's reserve driver in 2010.
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Brazilian Formula 1 stars Rubens Barrichello and Felipe Massa are once more the hot favorites for this year's edition of the Granja Viana 500 Mile endurance karting event.
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2009 WRC runner-up Mikko Hirvonen will race Rally Montecarlo, opening IRC round, with the brand new Fiesta S2000.
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Day two was a little more relaxed however we were still treated to some great cars especially from Subaru and supercar makers Spyker and Morgan.
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Two-time World Champion Fernando Alonso is arriving at Ferrari because the famous Italian team needs a race driver in the Michael Schumacher-mould.
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The global car sales recovery continues to gain momentum, according to the latest Global Auto Report released today by Scotia Economics. U.S. dealer inventories remain extremely low, and combined with improving sales will lead to a double-digit gain in North American vehicle output next year.
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(TORONTO) - Passenger car-like handling and control, the power and versatility of a mid-size SUV, and an innovative, future-friendly power train that maximizes power and torque while minimizing fuel use and emissions. Canadian drivers looking for all of that, and more, can find it in the 2010 Toyota Highlander Hybrid.
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