German automotive supplier Continental has begun negotiations with lenders to refinance 5.3 billion euros ($7.2 billion) in loans coming due next year, three people with knowledge of the discussions said.
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Honda raised its annual profit outlook above market expectations as a recovery in the key U.S. market helps counter the strong yen and sliding Japanese sales, which weighed on third-quarter earnings.
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Honda raised its annual profit outlook above market expectations as a recovery in the key U.S. market helps counter the strong yen and sliding Japanese sales, which weighed on third-quarter earnings.
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Chrysler will pay all employees a performance bonus - $750 for hourly workers - for contributions in helping the company introduce 16 new or revamped vehicles in 2010.
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Last week, Ford Motor Co. reported its best profits in more than a decade and a sharp drop in its debt load, adding credence to the automaker's recovery. Ford's next challenge: Convince Lincoln dealers during a Feb.
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It's tempting to think Earl Hesterberg is having an easy time of it, running the industry's fourth-largest auto retail chain, Group 1 Automotive.
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Automakers and suppliers are developing controls, such as voice commands, that help motorists handle text messages, cell phone calls and other features of the connected car.
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Breaking outside its American position of rear-wheel-drive luxury vehicles, Mercedes-Benz will launch its new front-wheel-drive architecture in the United States in the next three years in the form of a coupe, SUV and possibly a small wagon or...
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To prevent driver distraction, Ray LaHood, the secretary of transportation, says guidelines are coming to control how drivers handle the Internet and cell phones. Automakers and suppliers say that they have a solution: advanced technology.
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German unions rejected on Friday an offer from VW that would give workers a pay rise of 2.9 percent over the next two years and a one-time payment of 300 euros before the end of June.
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Grim forecasts that a leaner supply chain could hamper the auto recovery are coming true: Parts shortages are shutting down auto assembly plants around the world, derailing automakers' attempts to meet rebounding demand.
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Cash-strapped auto companies stood on the sidelines of the Super Bowl for a year or two, but they're about to make up for it in a hurry.
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Automotive News will hold a three-day, online event in June aimed at providing a deeper understanding of the challenges and opportunities confronting dealership finance and insurance departments.
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Luxury car and commercial truckmaker Daimler expects its top brand Mercedes-Benz to see continued unit sales growth in January, its passenger car sales chief said on Saturday.
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Team Lotus on Monday revealed its 2011 car, it is actually called T128, not TL11 as was previously announced.
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After a 27 year absence, Fiat is back! The iconic Cinquecento has been reborn and will be on sale here in Canada sometime in late February 2011.
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Tell me, how many of you would fly to Los Angeles for a one-night stand? Don't lie! If the flight and the hotel were paid for and the person waiting for you at the other end of the continent looked like Megan Fox or Johnny Depp, you know you would.
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Joachim Schmidt, Head of Global Sales and Marketing at Mercedes-Benz, said the automaker is currently developing a couple of new front-wheel drive vehicles.
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Watch out Jimmie Johnson!
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Two teams have recently used the facilities of the departed formula one team Toyota, it has emerged.
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