Toyota said it would keep building cars in Japan at half of original plans at least until June 3 in a move estimated to cost the world's biggest automaker another 120,000 vehicles in lost production.
Chrysler is close to launching a debt refinancing package to repay its U.S. and Canadian government loans and has selected four banks to lead the deal, sources say.
Ford plans to introduce 15 new vehicles in China by 2015, as part of its expansion in fast-growing Asia.
Ford will introduce 15 new vehicles in China by 2015, as part of its expansion in fast-growing Asia, the company said in an statement today.
Toyota is considering delaying its announcement of this year's earnings forecasts until after it releases its fourth-quarter and full-year results on May 11, a source with direct knowledge of the matter said.
Chevrolet Europe hopes seven new model launches this year will help it equal or beat the 2.5 percent market share it won in Europe last year, the head of the GM subsidiary, Wayne Brannon, said in an interview.
The Renault-Nissan Alliance plans to invest an initial 230 million euros ($333.6 million) in producing a new diesel motor at Renault's Cleon factory in France, Renault said on Wednesday.
A recent survey by Consumer Reports shows that only 25 percent of drivers plan to buy a smaller vehicle, mainly because of improved fuel economy, lower maintenance and repair costs, environmental concerns, and improved reliability.
Nick Heidfeld has admitted that driving a formula one car in 2011 is physically much easier than it was in the past.
Canada's Robert Wickens returns to European open-wheel competition this weekend with the 22-year-old set for the opening double-header round of the 2011 Formula Renault 3.5 Series, hosted at Spain's Motorland Aragon Circuit, Saturday 16th - Sunday 17th April.
Although Detroit's luster as the be-all end-all auto show of the season is lightly faded, manufacturers still invest huge efforts in putting on a show. Certainly, the cars are shiny and beautiful but we can thank the gorgeous ladies at the booths for that little extra something... Here are our Top 10 girls from past NAIASs.
Red Bull Racing's Sebastian Vettel set the fastest time in both of Friday's free practice sessions for the Grand Prix of China.
The reigning world champion sets the best time of each free practices sessions, ahead of the McLarens.
Luca di Montezemolo says he cannot guarantee Ferrari will still be in formula one in 2013.
While we eagerly await next week's New York International Auto Show to see if Porsche will unveil the new 911 GT3 RS Limited Edition, a member of Teamspeed managed to get some specs and a list of available options.
The Italian brand's outgoing flagship, the Murciélago, was the first car developed under the ownership of Audi AG. After a 10-year run, it was time for a change, as just about every supercar maker has taken great strides to improve their products.
It's no coincidence that many popular vehicles have some of the most diversified lineups out there. A prime example is the 2011 Ford Edge, which is now available in affordably-priced SE trim, performance-minded Sport trim and luxuriously-equipped Limited trim.
With the tightening of fuel consumption and emissions laws, automakers are doing everything they can to stay up to code, generally starting with their thirstiest models. Ford and GM have already done their diesel homework, leaving Chrysler behind with its ageing technology.
No less than four past winners and four IZOD IndyCar Series' champions are amongst the entries listed for the 100th edition of the Indianapolis 500.
Team boss Martin Whitmarsh said recently he would like to keep the 2008 world champion paired with Jenson Button for the next five years.
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