Sweden's National Debt Office says Saab would be "very easy" to sell in case of bankruptcy.
Citroen is to launch back into the South Korean market and aims to sell up to 2,500 cars a year, Eric Dumondelle, head of the company's Asia Pacific division said at the Seoul motor show.
The fine media tradition of spoof stories for 1 April, April Fool's Day, carried on in 2011 with a slew of excellent hoaxes here in the UK. The Royal Wedding at the end of the month was an obvious target taken up by one of the best at this annual gag, BMW GB.
From a BMW M3 pick-up to SEAT's regional dialect sat-nav, we round up the best of this year's April Fool's jokes
Renault's decision to manufacture two new engines in Romaniaand Spain will not cost jobs in France, a company spokesman said.
BMW reveal all-new addition to M3 line-up, pick up truck blends space and pace, with 414bhp V8 engine
Two-seat Barchetta from Chevrolet sparks rumours on next-gen Corvette.
Delphi agreed to buy back an equity stake from former parent GM for $3.8 billion to simplify its capital structure.
French new-car sales rose 6.1 percent to 257,631 units in March, automakers' association CCFA said.
Iconic E-Type gets Royal Mail's stamp of approval.
Saab said on Friday it had reached a deal with one of its key suppliers and that production would soon be back to normal following a string of stoppages at its Swedish manufacturing plant.
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.
Spyker, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and Saab's future is in danger without additional financing.
Bugatti, the maker of the world's fastest production car, has won backing from parent Volkswagen to build the 16C Galibier sedan, adding a four-door model to its lineup, two people familiar with the matter said.
Bugatti, the maker of the world's fastest production car, has won backing from parent Volkswagen to build the 16C Galibier sedan, adding a four-door model to its lineup, two people familiar with the matter said.
Toyota expects earnings will be reduced by the disruptions following Japan's record earthquake and tsunami on March 11, President Akio Toyoda said. The impact is difficult to estimate, Toyoda added.
Toyota expects earnings will be reduced by the disruptions following Japan's record earthquake and tsunami on March 11, President Akio Toyoda said. The impact is difficult to estimate, Toyoda added.
Volkswagen's Seat brand will target young, urban customers when it launches sales in China. The Spanish-based automaker will start selling sporty, more expensive versions of its Leon and Ibiza models in China in early 2012.
Chrysler Group will lose more than $10,000 on every battery-powered Fiat 500 its sells, Fiat-Chrysler CEO Sergio Marchionne says.
Meritor Inc., the commercial-truck, trailer, defense and automotive aftermarket supplier, will close its European axle business by the end of July because of poor performance in the region.