Analysts and industry observers alike appear united in their views on Dutch luxury sportscar maker Spyker becoming the unlikely winner of the Saab auction, saying it is likely to struggle with the big challenge of converting two loss-making companies into one profitable entity.
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Swedish media rejoiced on Wednesday over news that Spyker's purchase of loss-making Swedish brand Saab from owner General Motors had reached the 'binding' agreement stage, but, like just-auto, warned of the challenges ahead for the brand which has iconic status in its native land.
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Fiat will suspend all production in Italy for two weeks from 22 February, laying off 30,000 workers, to match output to orders.
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The European Metalworkers' Federation (EMF) has warned Opel's management that it faces widespread industrial action if the planned closure of the company's Antwerp plant goes ahead later this year with the loss of 2,600 jobs.
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Toyota Motor Sales USA has temporarily stopped dealers selling eight models involved in the recall for sticking accelerator pedals announced on 21 January, 2010 and will also suspend production.
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Sleek two-seater drop-top scooped - buyers can look forward to more luxury and power than ever before.
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A top automotive analyst has said she was not surprised General Motors had opted to retain Ed Whiteacre in the combined roles of chairman and CEO, although more middle managerial changes were expected.
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Next-generation 911 caught up close, revealing subtle styling changes and new LED lights
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Next-generation 911 caught up close, revealing subtle styling changes and new LED lights
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General Motors' sale process for Saab has been long drawn out but there is some cheer today for the people at Saab and we wish them luck.
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Sweden's second car maker is sold to Dutch supercar maker Spyker in £47 million deal.
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Edge debuted for the 2008 model year as a 5-passenger midsize crossover, based on the front-drive platform, which also underpins Fusion and Lincoln MKZ.
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The new gullwing model is now at the starting line: following its world premiere at the International Motor Show in Frankfurt/Main in September 2009, series production of the SLS AMG is now commencing in Sindelfingen, the largest of the Mercedes-Benz production plants.
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The environmental benefits of sugarcane ethanol will be showcased during the 2010 Washington Auto Show as part of the event's Advanced Technology Superhighway. Sugarcane ethanol has been widely credited with a significant reduction in greenhouse gas (GHG) emissions by up to 90% when compared with gasoline - better than any other biofuel available today.
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Honda today began operation of a next generation solar hydrogen station prototype at the Los Angeles Center of Honda R&D Americas, Inc., intended for ultimate use as a home refueling appliance capable of an overnight refill of fuel cell electric vehicles.
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TORONTO, - Toyota and Ford top the list of leading automotive manufacturers that Canadian consumers see as being best positioned to offer vehicles with advanced fuel technologies, such as hybrid and bio-fuel powered vehicles.
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America's greenest "tier-one" auto show just got greener. The Washington Auto Show®, which houses more green cars than any major U.S. auto show, is redoubling its efforts in 2010 with a 65,000-square foot display known as the "Advanced Technology SuperHighway."
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Edge debuted for the 2008 model year as a 5-passenger midsize crossover, based on the front-drive platform, which also underpins Fusion and Lincoln MKZ.
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Here's a short video taking the fans backstage at the launch of the new Mercedes Grand prix team, née Brawn GP last year, starring Ross Brawn, Michael Schumacher and Nico Rosberg.
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If you're a real car-nut and I say Newfoundland, what's the first thing that pops in your mind? Targa right? It has to be.
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