The future of Spyker's Saab rests on finding more manufacturing partners and bringing down the number of cars it must sell to break even, its executives said.
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General Motors has today announced an increase in the proposed size of the offering of its common stock to be sold by certain of its stockholders from 365 million shares to 478 million shares.
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Manufacturer, remanufacturer, and distributor of starters and alternators for light and heavy duty applications, locomotive products and hybrid/electric motors, Remy International has posted third quarter net income of US$13.8m ending 30 September.
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San Francisco has unveiled its first publicly accessible, commercially-owned electric vehicle charging stations.
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Mercedes failed to keep pace with BMW and Audi as the automaker dropped to third in European luxury-car deliveries last month. The company's rivals benefited from new models such as the BMW X1 and Audi A1.
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Automotive analysts Edmunds.com has outlined ten key points as to why General Motors' imminent IPO ought to be successful, including recent upbeat financial data and the model range.
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Magna International is weighing a proposal to buy Italian design specialist Pininfarina, three sources with direct knowledge of the matter told Automotive News Europe. An ownership change could happen as soon as December 31.
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WITH VIDEO -- Porsche made waves on the opening morning of the Los Angeles auto show on Wednesday with the unveiling of the lightweight Cayman R.
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What a concept--a concept car, unlike so many these days, that is not a thinly veiled production car but a showcase for future design studies.
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The success of GM's IPO bodes well for Chrysler's planned share sale, Chrysler CEO Sergio Marchionne said.
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Chrysler Group today released a list of 130 dealerships that have received letters of intent to get Fiat franchises.
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Even as it was phasing out its other vehicle assembly operations, Pininfarina had hoped to specialize as a producer of electric cars.
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Fiat, Volkswagen, Ford, Opel/Vauxhall, Renault and PSA all saw steep declines in their European new-car sales in October as the region's auto market fell by 16.1 percent.
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Fisker Automotive is negotiating a deal to sell its Karma electric car in China and remains open to partnerships with larger rivals, CEO Henrik Fisker said.
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Seat named Matthias Rabe as its new randd chief. He replaces Frank Bekemeier, who will head VW Shanghai product development.
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Tiny Norwegian electric car maker Think is trying to turn its biggest weakness into a strength. 'The real opportunity for us is to accelerate our capabilities on the sales and distribution front,' new Think CEO Barry Engle said.
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Indian and Russian companies may follow China's lead in doing overseas deals to help grow their automotive industries, Meyrick Cox of Moelis and Co told the Reuters Global Autos Summit in London.
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Saab is challenging BMW AG and Audi AG with its first crossover, which will be displayed today at the Los Angeles auto show.
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Nissan kept the new Ellure Concept heavily under wraps until its debut at the LA Auto Show today. Details on the concept vehicle were scant to non-existent - the only information that the Japanese carmaker has released is that it will be "a sedan notable for its innovation".
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Sometimes, little companies manage to play with the big boys, but such an accomplishment is rare. CODA Automotive brought their all-electric car to the 2010 Los Angeles Car Show and made a big splash. Will they be able to change the game and become a leader in the market for electric cars? Only time will tell, but this automobile has tons of potential!
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