DETROIT -- Toyota Motor Corp. is recalling 2.17 million Toyota and Lexus vehicles in the United States to inspect and repair accelerator pedals that may get trapped in floor mats or carpeting.
Ssangyong Motors has launched its first new vehicle in three years, the Korando C compact SUV.
GM's European division today reported a better-than-expected full-year operating loss, which helped its Detroit-based parent post a net profit of $4.67 billion. It is GM's first full-year profit since 2004 and it comes following its U.S.
Daimler plans to boost its global work force by 10,000 people this year, with 4,000 of the new jobs planned for Germany. The automaker also wants to recruit 1,300 new employees for its U.S.
Spyker Cars said Thursday it is negotiating to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov.
Spyker Cars said Thursday it is negotiating to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov.
Spyker sells supercar business for €32million to concentrate on returning SAAB to profit.
General Motors has posted 2010 calendar year net income of US$4.7bn of net income for its first full year of operations with revenue of US$135.6bn
General Motors Co. today posted a fourth-quarter net profit of $510 million, its lowest quarterly net of the year but a sharp swing from a loss of $3.52 billion in the fourth quarter of 2009. For all of 2010, GM's net profit was $4.
General Motors Co. today posted a fourth-quarter net profit that was its smallest of 2010, exposing profit drags that are likely to linger this year. GM's fourth quarter net income of $510 million, while a sharp swing from a $3.
Subaru is to show Subaru 'Boxer Sports Car Architecture' Concept, currently under joint development with the Toyota, at the upcoming Geneva Show.
The Renault Kangoo Van Maxi Z.E., the long wheelbase version of Kangoo Van Z.E., is poised to join Renault's range of electric vehicles when it goes on sale at the end of 2011.
The Renault Kangoo van Maxi ZE, a long wheelbase version, will join Renault's range of electric vehicles at the end of 2011.
Ahead of General Motors releasing its full-year and fourth quarter results today (24 Feb), one analyst maintains the automaker's bankruptcy allowed it to make the most of unique circumstances.
Kuwaiti investment group Dar, owner of half of Aston Martin, is planing asset sales of $1.7 billion to help restructure its debts.
Jaguar Land Rover (JLR) and Dassault Systèmes, a specialist in 3D and Product Lifecycle Management (PLM) solutions, have entered a 'strategic partnership that formalises future cooperation and collaboration between the two companies'.
SAIC wants to more than triple annual sales of its MG and Roewe models to 700,000 units by 2015, according to a report in the Chinese newspaper, 21st Century Business Herald.
Loss making Dutch sportscar maker Spyker, which acquired Saab last year, is planning to sell its original luxury car business to a Russian investor, to raise EUR32m (US$44m) in order to pay off debts.
Italdesign Giugiaro will unveil concepts for a coupe and a minivan for Volkswagen at the Geneva auto show. The coupe concept could be a possible successor to the VW Scirocco.
Volkswagen might reach its ambitious goals for 2018 earlier than expected, Christian Klingler, VW Group's board member responsible for sales and marketing, said in an interview with Automotive News Europe.
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