General Motors and Ford, U.S. automakers trying to boost the results of their European units, are moving to break even or turn a profit in the market this year amid the continent's economic problems, executives said.
Daimler is considering sharing its small-car platform with Nissan's Infiniti brand, two people familiar with the situation said.
Daimler is considering sharing its small-car platform with Nissan's Infiniti brand, two people familiar with the situation said.
Fisker's third car based on the Karma's underpinnings, the Sunset, will arrive in 2013, company CEO Henrik Fisker confirmed today at the Frankfurt auto show.
Turns out, Ducati and AMG share a lot of customers. They hope to cultivate still more.
Turns out, Ducati and AMG share a lot of customers. They hope to cultivate still more.
Volkswagen's acquisition of the remaining 51% of Porsche SE's sports car business for EUR3.9bn (US$5.3bn) now appears likely as early as next year, now that merger plans have been put on hold, a Frankfurt show report said.
General Motors wants to increase sales in Indonesia five times by 2014 when its revived factory will be producing at full capacity of 40,000 vehicles a year, the head of local operations has said.
UAW Local 551, which represents workers at Ford's Chicago assembly plant, has posted strike assistance rules and benefits at the top of its Web site. Though Ford's current four-year contract with the UAW expires at 11:59 p.m.
Cash-strapped car maker Saab's first bankruptcy hearing will be on Sept. 26, a district court said today. Saab has been called to the lower court in the southern Swedish town of Vanersborg, the court said in a brief statement.
UAW bargaining teams faced the prospect of extending talks with GM and Chrysler beyond Wednesday night's contract expiration, while Ford said its negotiations will go past the deadline.