Hyundai Motor Co. has ruled out spinning off the Genesis or Equus nameplates to create an independent premium brand along the lines of Lexus or Infiniti, partly because of the enormous cost involved and possible image damage to sibling nameplates.
Chrysler Group LLC will lose more than $10,000 on every battery-powered Fiat 500 its sells, Fiat-Chrysler CEO Sergio Marchionne says.
Toyota Motor Corp.'s negligence caused a 2005 Scion owned by a Long Island, N.Y., doctor to unexpectedly accelerate and smash into a tree, his lawyer told jurors at the end of a trial over the accident.
Toyota Motor Corp. wasn't responsible for causing a doctor's 2005 Scion to suddenly accelerate and smash into a tree, a federal jury ruled today.
Hyundai Motor Co. has ruled out spinning off the Genesis or Equus nameplates to create an independent premium brand along the lines of Lexus or Infiniti, partly because of the enormous cost involved and possible image damage to sibling nameplates.
Volkswagen AG has agreed to fund production of the Bugatti 16C Galibier sedan, Bloomberg News reported on Friday, citing two unnamed sources that had knowledge of the project.
The overseer of BMWand#8217;s vaunted M division is taking another spin in the driverand#8217;s seat at Mini.
In its annual report released yesterday (31 April), Saab owner Spyker's CEO Victor Muller used some colourful metaphors to describe the Swedish automaker, which it's fair to say, hasn't had the best of weeks
GM, aided by new models such as the Chevrolet Cruze and healthy demand for fuel efficient cars and crossovers, posted an 10 percent gain in March sales.
Ford outsold rival GM in the United States last month for the second time since 1998. Ford, aided by a 21 percent jump in truck sales amid rising gasoline prices, said today it sold 212,295 light vehicles last month, or 5,674 more than GM.
U.S. auto sales rose 17 percent last month and again topped an annual selling rate of 13 million as consumers fended off concern over rising gasoline prices and the effects of Japan's earthquake.
EDITOR WES RAYNAL: This 2011 Honda CR-Z is a nifty little scooter for commuting. Don't know that I'd want to drive one to Seattle, but for buzzing around town it's ideal.
EDITOR WES RAYNAL: This 2011 Honda CR-Z is a nifty little scooter for commuting. Don't know that I'd want to drive one to Seattle, but for buzzing around town it's ideal.
BMW said veteran company executive Kay Segler will take over management of its Mini brand.
The number of people killed on U.S. highways fell last year for the fifth consecutive year, the longest streak of declines in the country's history.
Toyota Motor Sales U.S.A. Inc., coping with a rising yen and an earthquake-shattered supply chain, announced price increases today that average 1.7 percent for many 2011 Toyota, Scion and Lexus models.
Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing.
General Motors Company last night said it had sold its Class A Membership Interest in Delphi Automotive back to Delphi for US$3.8bn. GM acquired the interest in October 2009 in conjunction with the creation of 'new' Delphi, whose predecessor company spent years in Chapter 11 restructuring.
Mahindra & Mahindra, which has stepped in to rescue troubled SUV-maker Ssangyong last year, is to set up distribution networks for the South Korean company in markets including India and Africa.