A factory-owned Chrysler dealership in downtown Los Angeles will be the automaker's first store to sell Fiat-brand vehicles in the United States when it opens its doors the first week in January.
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Nissan Motor will find it hard to increase its profit further in the next business year if the yen remains at its strong levels, said COO Toshiyuki Shiga.
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GE's move to buy as many as 25,000 rechargeable cars, almost half of them from GM., may herald more purchases of electric vehicles for corporate fleets.
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This is Hollywood, so count on the usual glitzy product debut action at the Los Angeles Auto Show, which begins this week. The real surprise has to do with who will be supplying the star power.
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This is Hollywood, so count on the usual glitzy product debut action at the Los Angeles Auto Show, which begins this week. The real surprise has to do with who will be supplying the star power.
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Russian investigators opened a probe into the purchase by state agencies of Mercedes cars. The probe comes after Daimler agreed to pay $185 million to resolve U.S. bribery charges that it paid officials in Russia and other countries to win contracts.
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China's SAIC Motor has reached a deal in principle to take a stake in GM if Chinese regulators approve the deal that would deepen an existing alliance between the two automakers, a person familiar with the matter said.
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Audi aims to win new buyers to the brand with the A7 coupe-styled four-door car.
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Fiat's lenders will syndicate $5.5 billion of loans this month as Italy's biggest manufacturer prepares to spin off its industrial units.
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This is Hollywood, so count on the usual glitzy product debut action at the Los Angeles Auto Show, which begins this week. The real surprise has to do with who will be supplying the star power.
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When BMW brings out the Megacity electric vehicle in 2013, it will launch more than a small city car. The Megacity EV will be no less than BMW's first stab at an environmentally benign car for the 21st century.
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After four years of hyping its curvy, fluid Nagare styling philosophy -- but developing only one production vehicle with the look -- Mazda has changed design course. Now the Japanese carmaker wants to go with a simpler, more upscale style.
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Yes, Virginia, there really is a new GM -- at least, by the numbers. Higher unit sales. Lower incentives. Higher transaction prices. Declining fleet sales. A continuing discipline in production and inventories. Profits in North America.
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Earlier this year, AutoNation CEO Mike Jackson put on hold his ambitious plans for acquisitions and renovations as he waited for the industry to stabilize and the price of dealerships to drop. Now, with 13 million in annual U.S.
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After decades of fits and starts, underperformance and promises of renewed ambition, Audi is on fast-forward with its North American plan.
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A new Dodge sedan that is expected to reach 40 mpg will be key to Chrysler's recovery strategy and to meeting stricter U.S. fuel- economy standards.
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Who here has never dreamed of taking a luxury car on a road trip, enjoying the sights and sounds of the engine revving on the most beautiful roads in the World? I know myself and everyone here at Auto123 would give everything they have to do this, and one lucky son of a gun just did it!
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LOS ANGELES, CA - Buick unveils the 2012 LaCrosse with eAssist,(tm) a new fuel-saving technology that increases fuel economy by 25 percent compared to the four-cylinder/six-speed powertrain in the 2011 LaCrosse. The eAssist technology provides class-leading highway fuel economy of 37 mpg, while maintaining the luxury, performance and value expected from Buick's flagship sedan.
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AirAsia owner Tony Fernandes on Monday admitted he is not ruling out a name change for his formula one team in 2011, named Lotus Racing this season.
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As the world was awaiting confirmation of a deal for the 2011 Formula 1 season between the Hispania Racing Team and Toyota Motorsport on Monday, a media statement issued by Toyota says that the deal has collapsed over unpaid bills.
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