General Motors European unit Opel is on track to meet or beat its second-quarter earnings target after making money in the first quarter, a top executive said recently.
The General Motors Foundation announced a $2.5 million donation to the College for Creative Studies in Detroit on Monday.
Tata Motors has given its Nano, billed as the world's cheapest car, its second international launch in a month. First it was the turn of Sri Lanka. This week the car has been launched in Nepal where, because of customs duty and taxes of up to 240%, the car will be more than three times the Mumbai tag of as little as INR1.51 lakh (INR151,000; US$3,300).
Nobuhiro "Monster" Tajima used the extra pavement to his advantage and smashed his old Pikes Peak International Hill Climb record by more than 10 seconds on June 26, with a finishing time of 9 minutes, 51.278 seconds.
Ralph Gilles promises that Chrysler Group will be "very choosy" about the cars and trucks that get the SRT performance badge.
The redesigned Versa sedan that reaches Nissan showrooms later this summer will post a 30 city/38 highway mpg rating, up from the current model's 28/34 rating.
Ohio dealerships Auto Direct and Jack Maxton Chevrolet were part of a recent investigation by Ohio State University into at least 50 car deals involving the school's football players and their relatives.
Audi UK has been a contributor to the Elton John AIDS Foundation for eight years, and for the 2011 White Tie and Tiara Ball, the company didnand#8217;t disappoint, offering a chrome Audi R8 Spyder for auction.
The General Motors Foundation announced a $2.5 million donation to the College for Creative Studies here this morning. CCS, with an enrollment of nearly 1,400, is one of the world's leading art and design schools.
NEWS EDITOR GREG MIGLIORE: I've met Alpina boss Andreas Bovensiepen twice--once at the Chicago auto show and once for dinner in Switzerland.
In this month's management briefing, Mark Bursa reviews developments in Russia's automotive market and industry. In this second part, he looks at vehicle production developments and components issues.
Another day at Saab and yet more twists and turns in the story that has had more than its fair share of them.
As it finally launched the Etios Liva hatchback developed specially for India, following on from the sedan version launched earlier, Toyota Motor on Monday said it would spend about JPY4.9bn to increase its vehicle production capacity in India by 40% in 2012 to meet growing demand there.
Volkswagen's Brazilian arm, Volkswagen do Brasil, plans to invest EUR120m (US$172m) in hydropower which will eventually supply almost 40% of the electric power required by the company.
Ford on Monday said it had expanded its engine production capacity at its plant near Pretoria, South Africa, as part of a US$500m export investment programme.
North American automakers are struggling with a nagging shortage of tires, caused in part by tire plant closings and rising demand for low-volume specialty tires.
Nissan Motor on Monday (27 June, 2011) announced a new, six year business plan that, it said, would "accelerate the company's growth across new markets and segments". The plan for fiscal years 2011 to 2016, called 'Nissan Power 88', is effective immediately.
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