GM today posted a profit of $2.5 billion for the second quarter, led by strong results in North America. GM's net income for the April-through-June period nearly doubled from $1.3 billion in the year-earlier quarter.
Audi is fast emerging as the significant brand in the nascent Indian luxury car market. The German carmaker has adopted an aggressive strategy and is fast catching up with rivals like BMW and Mercedes Benz here.
General Motors posted a global profit of $2.5 billion for the second quarter, led by strong results in North America and a profit at Opel/Vauxhall.
No-one it seems wants to see Saab fail.
The New Zealand new vehicle market is showing signs of a rebound after the Japanese earthquake and tsunami with July registrations ahead of the same month in 2009 and 2010, a local auto trade association said.
Frankfurt's Prosecution Office is investigating a Continental employee for an alleged six corruption cases that could involve sums of around EUR70,000 (US$100,000).
Denim-clad California is one example of how new service will allow owners to tailor car
Ford says the traditional holiday shutdown period is the reason for large falls in production of some of its best selling and most profitable vehicles.
SAIC Motor Group said an asset-restructuring plan had been approved by all relevant government authorities, according to official news agency Xinhua.
Hyundai is aggressively targeting rivals such as Volkswagen, Opel and Ford with the stylish i40 in Europe's midsized segment, which is dominated by fleet sales. The automaker launched the i40 first as a station wagon in July.
Nissan Motor aims to triple sales in India to 40,000 vehicles by the end of this fiscal year, helped by the launch of its new mid-sized Sunny sedan.
Great Wall Motor has received an approval from China's securities regulator to launch Shanghai initial public offering worth about US$ 500m.
General Motors will make 10,000 of its Ampera plug-in hybrids available for sale in Europe next year.
A German manager for car-parts maker Continental, is under police investigation for alleged corruption in Frankfurt.
As Mark Webber prepares to commit to Red Bull for 2012, team consultant Dr Helmut Marko has given the strongest sign yet that his successor will be another Australian.
After McLaren and Ferrari fielded cars with winning pace in July, Red Bull could be challenged even more once this month's summer break ends.
Lotus Renault GP's technical director James Allison revealed why Nick Heidfeld's R31 caught fire during the Hungarian Grand Prix last weekend.
General Motors will invest $117 million to prepare the Oshawa Assembly Plant to build the all-new Cadillac XTS, creating or retaining 400 jobs on the Flex Line.
Last June, I made my way to Germany where I got to do a great many things. One of them was to drive the enticing 35th Anniversary Volkswagen GTI. I thoroughly enjoyed the car especially while barrelling down the Autobahn. As I was doing so, I could not help but imagine what it must be like to drive a race-prepped car, based on this one, on a racetrack such as the Nurburgring.
South African car manufacturer Bailey Cars will enter the 2012 Le Mans Series championship with its new LMP2 prototype.
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