Saab and BMW AG have agreed on a deal that allows the Swedish carmaker to use engines made by BMW, according to a person with direct knowledge of the matter.
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Volkswagen has agreed to pay maintenance costs under a proposed settlement in a class-action lawsuit over sludge-damaged engines in 479,768 VW and Audi models.
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A UAW-management détente at the Chevrolet Cruze assembly plant in Ohio has been restored following allegations that GM used outside workers to make factory repairs on the cars, union Local 1112 President Jim Graham said.
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Hyundai will recall about 139,500 versions of the 2011 Sonata in the United States for steering issues that could cause a loss of turning capabilities, according to Bloomberg News.
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Hyundai will recall about 139,500 versions of the 2011 Sonata in the United States for steering issues that could cause a loss of turning capabilities, according to Bloomberg News.
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Chrysler Group fired 13 workers at a Detroit assembly plant after a local television station report showed some of them drinking on their lunch breaks. Two other workers were also suspended for a month without pay, the automaker said.
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Dollar Thrifty Automotive Group rejected Avis Budget Group's revised offer again saying it was not sure if Avis could close the deal, and urged its shareholders to vote for the lower Hertz Global Holdings offer.
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President Obama today signed legislation that will raise limits to $5 million on federally guaranteed loans available to thousands of small auto dealers as the administration attempts to loosen credit in a sputtering economy.
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In today's News Brake: A Lamborghini race car is ready for street duty, Porsche celebrates 60 years in the U.S., and Saab strikes a deal with BMW . . . But Wait, There's More!
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General Motors audio engineer Matt Kirsch, who did the sound work for the Chevrolet Cruze, has developed an iTunes playlist that helps drivers test their cars' audio quality.
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General Motors audio engineer Matt Kirsch, who did the sound work for the Chevrolet Cruze, has developed an iTunes playlist that helps drivers test their cars' audio quality.
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Billionaire Warren Buffett affirmed his support for BYD Co., saying the Chinese automaker part-owned by his Berkshire Hathaway Inc. holding company will be a leader in selling electric cars.
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Ford Motor Co. may reduce its product lineup to as few as 20 nameplates, CEO Alan Mulally said.
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The Lotus name will not be appearing on the Formula One starting grid next season.
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Mitsubishi Motors has denied it plans to develop batteries with LG Chem Ltd, as claimed by the Nikkei business daily.
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Global Vehicles is insisting it is "business as usual" despite a dispute with Mahindra & Mahindra concerning planned imports of the Indian automaker's pick-up trucks into the US.
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Valeo on Monday said it now expects global automotive production to recover at a faster rate than forecast last July. It now sees a 19% year on year increase for full year 2010 versus 16% predicted.
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