General Motors' Opel division said it would now have to approach regional authorities after today's (9 June) news the German government had refused to grant it EUR1.3bn (US$1.6bn) in loan guarantees.
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Wall Street bankers may be pushed to charge the lowest fees in at least a decade to arrange the Treasury's sale of General Motors Co. in what could be the second-largest initial public offering in U.S. history. Bank of America Corp.
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General Motors Co. is planning to make more Cadillac SRX crossovers, in part to supply reinstated franchises, a Cadillac executive said Tuesday.
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In News Brake: Audi's E-tron is spied in R8 form, General Motors faces a recall, and we test-drive the Aston Martin DB9 . . . But Wait, There's More!
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The Chrysler Group plans to spend $300 million to build a new eight-speed automatic transmission licensed from ZF Group, a transmission maker headquartered in Friedrichshafen, Germany.
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The Chrysler Group plans to spend $300 million to build a new eight-speed automatic transmission licensed from ZF Group, a transmission maker headquartered in Friedrichshafen, Germany.
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In 18 years of testing the famed Nürburgring, no Subaru has done better. None has gone faster. And none has exuded more confidence under extreme conditions.
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The controversial decision by General Motors Co. to give a $53,000 Corvette convertible to Detroit Tigers pitcher Armando Galarraga the day after his perfect game was botched by an umpire was worth $8.
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Chrysler on Wednesday said it would spend US$300m on two existing transmission manufacturing facilities in Kokomo, Indiana, to build a new, highly fuel-efficient eight-speed automatic transmission for future Chrysler Group vehicles.
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Chrysler Group plans to spend $300 million to build a new eight-speed automatic transmission licensed from ZF Group, a transmission maker headquartered in Friedrichshafen, Germany.
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COPY EDITOR CYNTHIA L. OROSCO: This is an odd vehicle. It looks like a car, specifically an extended Chevrolet Aveo.
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A summary of recent just-auto coverage leading up to today's (Wednesday 9 June) decision by the German government not to guarantee a EUR1.3bn loan sought by General Motors European unit Opel.
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A unit of supplier Johnson Controls Inc. has taken a $6.3 million (Canadian), or $6.1 million, equity stake in Azure Dynamics Corp., a hybrid electric powertrain manufacturer for commercial fleets.
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Germany has refused to guarantee a EUR1.3bn loan for General Motors European unit Opel.
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Germany has refused to guarantee a EUR1.3bn loan for General Motors European unit Opel whose CEO expressed frustration at the decision.
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Germany rejected General Motors Co.'s request for 1.1 billion euros ($1.3 billion) in aid for the loss-making Opel unit, forcing GM to seek other alternatives for the division's reorganization.
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Germany rejected GM's request for 1.1 billion euros ($1.3 billion) in aid for its money-losing Opel/Vauxhall unit. Germany's refusal throws into question how GM will fund the 3.
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Chinese carmaker Build Your Dreams (BYD) plans to locate its European headquarters in Frankfurt, Germany, following the example of Chinese rival Brilliance.
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Nissan Motor has unveiled its latest model for the domestic market, a compact sports crossover called Juke, on sale today (9 June).
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