PSA warned its second-half performance would be hampered by a tougher economic environment, sending its shares lower even though it swung to a first-half profit.
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UK-based TI Automotive Ltd. says a fuel-systems contract it secured with Mercedes-Benz marks the largest with an individual company in the British supplier's history.
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Daimler is giving Smart more autonomy and has appointed Annette Winkler to lead the microcar brand. Winkler is the first woman to head a brand at the German automaker.
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It's turning out to be another memorable year for Audi and CEO Rupert Stadler. Under Stadler's guidance, Audi is on course to finish the year with global sales of more than 1 million vehicles, beating its previous record of 1,003,469 set in 2008.
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The sedan's fuel sensor can become wedged against the tank, according to the National Highway Traffic and Safety Administration.
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Visteon's reorganization proposal has divided creditors owed at least $2.8 billion. Bondholders, who are sponsoring the plan, would own 95 percent of Visteon, with current shareholders getting the rest.
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Italy needs to make building cars in the country more financially appealing to Fiat #8211; and other automakers #8211; if it wants to avoid losing future projects.
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With Sebastien Buemi now in his second full season with the Faenza based team, and Jaime Alguersuari not always shining during his 19 races so far, it had been rumoured that owner Red Bull was keen to promote its next rising youngster.
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As the sporting world debates Ferrari's order for Felipe Massa to hand Hockenheim victory to Fernando Alonso, there are those who believe teams should be free to run their businesses on track.
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Roush Fenway Racing co-owner, Jack Roush was involved in an airplane accident while attempting to land his private jet in Oshkosh, WI on Tuesday evening.
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Fans of the IZOD IndyCar series will have the unique chance to enter an incredible contest to be held in Montreal in August.
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Consumers who placed reservations for the Nissan LEAF now know when
the will get their world's first all-electric, zero-emission vehicle.
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Exclusive to the Canadian market, Mazda is offering the option to customize the new Mazda2 2011 with vinyl decal "Skins", to apply to the outside of the car.
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Because of the global enthusiasm of the public and the customers, Porsche announces the launch of a series development of the Porsche 918 Spyder.
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The current debate in Formula1 is to determine if the Red Bull Racing team is using what is called a "flexible front wing" on their Renault-powered RB6.
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The Pagani Zonda R establishes a new record at Nürburgring's Nordschleife. A laptime of 6:47,5 min for 20.832 km, with Marc Basseng at the wheel.
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Team Mercedes GP reserve driver, veteran Nick Heidfeld fits the bill to spearhead new tire supplier Pirelli's formula one tire testing.
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