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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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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Rumours persist that seven-time World Champion Michael Schumacher's full-time return to Formula 1 this year was in the making long ago.
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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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David Coulthard is certain Mercedes will not favour Michael Schumacher in 2010.
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I will be moving shortly and I figured that the Holidays would be a great time, as my wife and I are off, to get a head start (never to be repeated...). The plan was to load up the Murano with odds and sods such as a couple of TV sets and some boxes containing my precious car magazines from the late 80s and 90s and drop them off at my parents (St-Pierre Storage Inc. as I call it).
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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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Three other teams were in the running to secure the sponsorship backing of the state-owned Malaysian oil company Petronas in 2010.
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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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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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