The White House said on Thursday it was confident the US government would recoup all the funds it had invested in General Motors to help the car maker through its financial troubles.The White House said on Thursday it was confident the US government would recoup all the funds it had invested in General Motors to help the car maker through its financial troubles.
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General Motors says it is unable to comment on reports it will not have to pay US federal taxes on up to US$50bn of profits for 50 years.
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Piaggio, best known for scooters, has unveiled a four-wheel, three-seat concept vehicle which it said was "designed to meet mobility needs in areas with the highest development rates, specifically in India, Vietnam and South East Asia".
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Shiny black Pirellis and chic-yet-surprising 20-inch polished alloy wheels on a Buick. Brembos, too. Seriously.
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The 2012 Regal GS will be Buick's sportiest model, a car positioned to attract younger buyers to the brand.
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October UK new car sales were off 22.2% but the year to date tally was up 4.8% to 1,767,154, the Society of Motor Manufacturers and Traders (SMMT) said.
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New vehicle sales in South Africa increased by 22.2% in October over the previous year according to data released by trade association Naamsa.
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General Motors Co. executives will use some charter flights on trips over the next few weeks to meet with prospective investors in the automaker's upcoming public stock offering, GM said Wednesday. GM, Chrysler and Ford Motor Co.
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Commercial Vehicle Group was back in the black in the third quarter, booking operating income of $5.1m compared to an operating loss of $7.8m for the third quarter of 2009.
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Honda Motor would need to raise global car sales by about 200,000 units to offset a JPY10 fall in the US dollar, its chief financial officer said.
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EDITOR WES RAYNAL: The Series 51 is Bentley's way to order your Bentley any way you want it. According to Bentley, it's called the 51 because the automaker's styling department was created in 1951.
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The UK car market declined by 22% over last year in October to 131,495 units, continuing a weakening trend in car demand.
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SEMA is about glitz and glam, outrageousness and excess, but a unique Mustang shown on Wednesday takes all of that and channels it for charity.
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Looking tan and rested, Barry Meguiar was back at SEMA this year with his trademark enthusiasm and a prominent display for his Car Crazy TV show.
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Dana Holding Corporation today (4 November) announced James Sweetnam, president and CEO has resigned by what the company says is mutual agreement with Dana's board of directors.
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Mazda's racing antics were evident at its booth during the SEMA show with a race-prepped Mazda 2 and Mazda 3 joining a Grand-Am GT RX-8 and MX-5 Cup car.
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Japanese electronics giant Panasonic Corp. said late Wednesday it invested $30 million in Tesla Motors Inc. to cooperate on green powertrain development.
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Malvern firm resurrects classic Threewheeler, now with Harley Davidson power.
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