Saleen Performance will celebrate Mustang Week in Myrtle Beech with two commemorative-edition pony cars.
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About 700 of the 1,700 franchised Mercury dealers in the United States have signed agreements to close their stores in return for cash compensation.
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Senior Editor (West Coast) Mark Vaughn is spending the summer in a Mitsubishi i-MiEV. he's chronicling his days and nights in the car in this blog.
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In News Brake: Michael Schumacher says he will return to his championship form, Jeep will make more Grand Cherokees for 2011, and we test-drive the Ford Flex Limited . . . But Wait, There's More!
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The future is here! And weand#8217;re driving it!
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Italy's labor minister summoned Fiat and trade unions for talks on July 28 after the company's decision to move production of some vehicles to Serbia fueled fears for the future of its biggest Italian plant.
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Management and unions at Hyundai Motor in South Korea have agreed on a new wage deal without a strike for the second year running.
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General Motors on Friday said it would introduce a new "greenhouse gas-friendly" air conditioning refrigerant in 2013 models in the US, claiming it would keep vehicle interiors as cool as today while reducing heat-trapping gases in the atmosphere by almost 100%.
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Johnson Controls (JCI), which on Friday announced a healthy boost in third quarter revenue and profit, said it had agreed to acquire 90% of its existing joint venture with auto battery maker Delkor Corporation in Seoul, South Korea. The remaining 10% will be acquired by the local management team, with completion expected by 15 August.
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Johnson Controls (JCI) has reported higher third quarter profits and a a 22% increase in revenues with higher sales in each of its three businesses, two of which are in the auto sector. The company also said earnings for fiscal 2010 were expected to be at the high end of previous guidance.
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Ford Motor Credit boosted net income $143m year on year to $556m in the second quarter of 2010.
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Johnson Controls Inc.posted quarterly earnings that more than doubled from year-earlier levels but fell short of analysts' expectations, sending its shares down almost 7 percent. Sales rose 22 percent to $8.
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General Motors Co., the automaker 61 percent owned by the U.S. Treasury, is facing criticism over its decision to pay $3.5 billion to buy a lender that specializes in auto loans to shoppers with less than top-notch credit.
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In a low-key industrial complex just north of Detroit sits a trove of 1960s and '70s Alfa Romeos.
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Autoliv Inc., the world's biggest maker of airbags and seatbelts, raised its full-year sales outlook on Friday as it beat earnings forecasts for the second quarter and reported a record operating margin.
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Volkswagen said sales increased 5.7 percent in June helped by demand in China and the United States.
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Ford of Europe reported a big rise in quarterly profit despite a steady decline in unit sales during the three-month period.
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