Morgan Stanley and JPMorgan Chase and Co. are likely to be the lead underwriters in a General Motors Co. initial public offering, The Wall Street Journal reported today. The role role may bring the banks glory, but not much in fees.
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Opel will now look to establish concrete talks with four German Länder following confirmation the regions will support the GM division.
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It's no secret that Americans will make up the largest contingent of visitors to South Africa for the World Cup 2010 soccer tournament. The vuvuzelas (plastic trumpets played by fans) are getting louder by the day.
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Opel has approached the European Investment Bank (EIB) with the potential to secure up to EUR800m (US$971m) in loans.
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SENIOR EDITOR FOR NEWS BOB GRITZINGER: Chrysler's counterpart to the Avenger is a better car than the supposedly sportier Dodge in nearly every way, from comfort and convenience features to appearance inside and out.
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The organiser of the 'London Motorexpo' event that showcases premium brand cars to the public has told just-auto that the event is attracting increased interest from exhibitors.
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Germany has rejected General Motors Co.'s request for state aid for its Opel/Vauxhall unit, placing the burden of support on four German states which host Opel plants.
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Kia is planning to roll-out its advanced voice-activation and telematics system called UVO across Europe next year.
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R8-inspired e-tron unveiled as world’s first all-electric supercar, Audi says Lithium-Ion battery will offer power to match handling
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Nissan is unveiling the new 'noise' it has created for its Leaf electric car. It has invited nearly 500 people to drive its new EV at the company's Oppama test track in Japan over the next week.
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Further details have emerged concerning one of the major bidders for troubled French parts supplier Heuliez.
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Prototype of city car sold to major company, Auto Express gets unprecedented access to Gordon Murray’s baby
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Stunning Spider set to debut at Pebble Beach, di Montezemolo also reveals firm’s hybrid plans
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VW reveals bigger, better four-door, no longer based on Golf
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Company chiefs in the UK say they would be reluctant to invest in electric vehicles for their fleets because of uncertainties over long term costs, according to a survey by Lex Autolease, the country's largest provider of company cars.
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Volkswagen has said its global sales increased 8.6% year on year in May, boosted by growing demand in China and the US.
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Fiat, its unions and the Italian government are sitting down today (11 June) in a mammoth negotiating session to thrash out differences concerning the future of its plants at Pomigliano d'Arco and Termini Imerese.
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Volkswagen said sales increased 8.6 percent in May helped by growing demand in China and the U.S. Deliveries at VW's seven car brands and commercial-vehicles unit rose to 604,200 from 556,500 a year earlier. Five-month sales gained 18 percent to 2.
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Toyota's UK engine factory at Deeside, North Wales, has become the company's first plant outside Japan to manufacture a hybrid vehicle engine.
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