General Motors' subsidiary GM Daewoo Auto & Technology will fully repay its Korean revolving credit facility this month, the parent company said.
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A rising yen could have a major impact on Toyota Motor's operations, its president said on Wednesday.
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Toyota Motor placed such importance on the new Indian-built Etios compact that it was the only new car the company did not delay amid the global financial crisis.
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Tuner AC Schnitzer builds electric MINI complete with German police makeover.
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This is hands-down the best Saab I've ever driven. For more than 25 years I've been a fan of Saabs, especially the wagon variants.
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"China's premium car market will maintain a growth rate of around 30% in 2011, while its entire automotive market will enjoy a lower growth rate," Zhang Xiaojun, executive vice-president of the FAW-VW Audi sales division said.
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Mini has named Anders Warming to succeed Gert Hildebrand as head of design by the end of the month.
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Ford, GM, and Chrysler posted double-digit U.S. sales increases in November, a sign that the market's positive momentum in October is continuing. Ford sales jumped 20 percent, GM sales rose 12 percent and Subaru gained 22 percent.
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U.S. car and truck sales jumped 17 percent last month, raising hopes the industry will end 2010 on a high note while creating momentum for the new year.
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GM's U.S. vehicle sales rose 12 percent to 168,670 in November. Buick led the way with a 36 percent increase, and GMC advanced 30 percent. Cadillac gained 21 percent and Chevrolet was up 18 percent, GM said in a statement today.
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U.S. car and truck sales jumped 17 percent last month, raising hopes the industry will end 2010 on a high note while creating momentum for the new year.
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Peugeot Spain's co-general manager Antonio Gonzalez has asked Spain's government to step up initiatives to develop the country's electric car market, just as it moves to award a new undisclosed electric model to its main Vigo site.
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The man who designed the modern day MINI replaced as head of the MINI design studio.
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Santana, the Spanish offroader maker, continues to negotiate a sale to either TagAz or Iveco as it struggles to survive Spain's deep recession, a company official confirmed.
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Special edition VR-7 hatches and Sorento sat-nav model added to Korean firm’s line-up.
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Fiat CEO Sergio Marchionne's self-confidence has helped him tackle problems that lesser executives would duck, but he may have met his match.
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Fiat CEO Sergio Marchionne's self-confidence has helped him tackle problems that lesser executives would duck, but he may have met his match.
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General Motors Co. CEO Dan Akerson says the carmaker is studying how it could double or triple production of the new Chevrolet Volt plug-in hybrid should sales demand accelerate.
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