Aug
19th
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The head of General Motors' German unit Opel plans to achieve a 5% return on sales by 2016.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Aug
19th
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Kongsberg Automotive could be paid its outstanding debt from Saab as early as next week, following investigations by Sweden's debt enforcement agency.
Aug
19th
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Union members of South Korea's Kia Motors voted in favor of a revised annual wage deal reached with the management, a union official said Friday, marking the second consecutive year such a pact was reached without strikes.
Aug
19th
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JD Power has lowered its forecast for US light vehicle sales in 2011 and 2012, as the slower recovery is expected to extend into next year.
Aug
19th
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Is it time for Kia to get its own sedan based on the
Aug
19th
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Intriguing news today that Fiat-Chrysler could establish global HQ in the Netherlands. Well, Mitsubishi, once closely linked with Chrysler, has European HQ and a plant there, so why not? It also rang a bell with Historian, here. Didja know Chrysler once built cars - including Simca and even Saab - in Rotterdam?
Aug
19th
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Fiat and Chrysler could set up headquarters in the Netherlands in a bid to appease shareholders and pay lower taxes, Italy's Repubblica newspaper reported Friday. Chrysler once operated an assembly plant in the country.
Aug
19th
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German law firm Schultze & Braun, acting in its capacity as trustee for Novem Vermögensverwaltungs, announed the sale of interior trim supplier Novem Beteiligungs to funds managed by private equity firm Bregal Capital.
Aug
19th
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Volkswagen Group increased vehicle sales in July sharply and said it remained on track for further growth, signaling that economic weakness has so far not had a material impact on its business.
Aug
19th
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Saab has confirmed it has engaged Endeavour Advisory Group (EAG) in its quest to secure short-term financing and insists the deal with Chinese investors will happen this autumn.
Aug
19th
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General Motors and Uzavtoprom plan to set up a joint auto transmission production venture in Uzbekistan in 2012, a source in the local government has told Prime Tass news agency.
Aug
19th
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Singapore billionaire Peter Lim has made a "significant investment" in UK-based sports car maker McLaren Automotive, the company said. Lim, who has an estimated fortune of $1.8 billion, joined McLaren Automotive's board with immediate effect.
Aug
19th
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Singapore billionaire Peter Lim has made a "significant investment" in UK-based sports car maker McLaren Automotive, the company said. Lim, who has an estimated fortune of $1.8 billion, joined McLaren Automotive's board with immediate effect.
Aug
19th
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BMW's eco family is set to grow as the sleek i3 could spawn an i4 coupe
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Aug
19th
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Volkswagen has reached an agreement with workers at its Mexican plant to avoid a strike threatened by the factory's union.
Aug
19th
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Our spy shots show a more practical five-door A1 is on the way
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Aug
19th
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Our exclusive images show look of new car to sit between the 911 and 918 Spyder
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Aug
19th
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Toyota's luxury brand Lexus last night launched the redesigned GS at the prestigious Pebble Beach Concours d'Elegance event in California. The car will reach most markets in 2012.
Aug
19th
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Even though the economy and consumer confidence are still growing, car sales in Colombia fell again for the third month in a row. This market behaviour could be explained by the model year change but also mirrors what is happening in the world economy.
Aug
19th
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Opel/Vauxhall expects to increase new-car sales by 100,000 next year, a German business magazine reported.