Saab Automobile is working primarily on raising more funds to survive over the next several days, while not ruling out filing for reorganization to protect itself from creditors, a spokesman said.
Saab will apply for court protection from its creditors, Swedish public radio quoted sources as saying today.
Travelling to Copenhagen, my first trip to Denmark, or anywhere in Scandinavia for that matter, to try Toyota's latest Yaris was a nice start to the week. After a difficult couple of years, there's a product-led air of optimism at Toyota Europe.
BYD, backed by US investment titan Warren Buffett, has said it plans to sell up to CNY6bn (US$938.8m) in bonds to repay loans and boost its coffers.
BMW's Mini could be up to four years from the Indian market if a positive decision is made in a year.
Belgian dealer group D'Ieteren could use some of the money it got from the sale of its stake in Avis Europe to increase its dividend, its managing director said on Friday.
BYD, the Chinese automaker backed by billionaire investor Warren Buffett, says its profit fell 89 percent year-on-year to 275 million yuan ($43 million) in the first half of this year because of lower vehicle sales, tougher competition and higher...
Chery Automobile Co., China's largest vehicle exporter, plans to expand its presence in Africa through a new joint venture with the China-Africa Development Fund.
Major US investment manager AllianceBernstein has acquired a 6.72% ownership stake in Mazda Motor for investment purposes, the US firm said in a recent report to the Japanese Financial Services Agency.
BMW's India unit said it had expanded production capacity at its KD assembly factory in the southern city of Chennai to 11,000 vehicles a year from 10,000 to meet rising demand.
BMW has launched its X3 SUV in India.
Volkswagen will boost its planned commitment to renewable energy, investing close to EUR1bn (US$1.44bn) in the production of environmentally friendly energy over two years, media reports said.
Volkswagen aims to pass the 2m sales mark this year with its joint ventures in China.
Our spies catch the Vauxhall Junior testing for the first time
BYD is reportedly looking for manufacturing partners in Taiwan with a view to making electric buses for the local market.
Fiat Professional - otherwise known as commercial vehicles - has introduced an unusual small pickup truck - with drop sides.
Volkswagen will increase a commitment to renewable energy to almost 1 billion euros ($1.44 billion), a substantial increase over the previous mid-term target.
Volkswagen will increase a commitment to renewable energy to almost 1 billion euros ($1.44 billion), a substantial increase over the previous mid-term target.
The latest auto news, reviews, prices, product and vehicle releases. 
