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A group led by former Ford Motor Co. Full story...

A group led by former Ford Motor Co. Full story...

Japan's largest supplier of car parts, Denso Corp., will aim to increase its profits in 2010-2011 although its revenue may dip due to the strength of the yen, managing director Sadahiro Usui told Reuters in an interview. Full story...

Japan's largest supplier of car parts, Denso Corp., will aim to increase its profits in 2010-2011 although its revenue may dip due to the strength of the yen, managing director Sadahiro Usui told Reuters in an interview. Full story...

Volkswagen of America will introduce an electric version of its upcoming Up! hatchback in 2014 in the United States. In a world debut, VW today unveiled a four-seat concept version, called the Up! Lite, at the Los Angeles Auto Show. Full story...

Lamborghini expects to post a roughly 35 percent slide in 2009 sales as the global economic downturn slams the brakes on spending from even the super-rich, with growth likely to pick up again only in 2011. Full story...

Dutch niche sports car maker Spyker is talking to GM about buying Saab. The discussions come about a week after Saab was jilted by Koenigsegg Group AB, leaving the GM-brand's future in doubt. Full story...

The abrupt dismissal of General Motors Co. CEO Fritz Henderson by Chairman Edward Whitacre stoked fears on Wednesday of deeper staff cuts at the U.S. automaker's European arm Opel and the possible liquidation of Saab. Full story...

General Motors Co. is looking to eliminate about 8,300 jobs at its European carmaker Opel, with the bulk of the cuts coming in Germany and Belgium, two sources familiar with the matter said on Wednesday. Full story...

The ouster of General Motors Co. CEO Fritz Henderson will not deter the interim Opel boss from his timetable to deliver a plan that would help the European carmaker achieve sustained profitability. Full story...

New-car sales in Germany, Europe's largest economy, could drop by a quarter next year now that government subsidies to scrap old autos and buy new ones have run out, the VDA auto industry association forecast. Full story...

Not long ago, General Motors Co. as the biggest company in the United States could have attracted a legion of CEO candidates, but the automaker only looked within. Full story...

General Motors Co.'s management team was "surprised" and "saddened" by the sudden departure of CEO Fritz Henderson this week, Vice Chairman Bob Lutz said. Full story...

Not long ago, General Motors as the biggest company in the United States could have attracted a legion of CEO candidates, but the automaker only looked within. Full story...

New-car sales in Germany, Europe's largest economy, could drop by a quarter next year now that government subsidies to scrap old autos and buy new ones have run out, the VDA auto industry association forecast. Full story...

The ouster of General Motors Co. CEO Fritz Henderson will not deter the interim Opel boss from his timetable to deliver a plan that would help the European carmaker achieve sustained profitability. Full story...

Another Volkswagen official has played down reports the world's biggest carmaker is set to enter formula one in 2012. Full story...

Four-time NASCAR Cup champion Jimmie Johnson will participate to a sixth Daytona 24 race in the past seven years on January 30-31, 2010. Full story...

Daniel Ricciardo set today the fastest time overall in the final day of young drivers F1 test session held at Jerez in southern Spain. Full story...

In 2010, a revolutionary new Tucson joins the rapidly evolving Hyundai product line. The sleek crossover from Hyundai, with its athletic European design, strikes a stark contrast from its predecessor and improves in every functional area, from its roomier cabin with extra cargo space to its leap in fuel economy and technology. Tucson features the company's "Fluidic Sculpture" design language and is the first vehicle in Hyundai's 24/7 version 2.0 product initiative (seven all-new models by the end of 2011). Full story...