Auto legend Carroll Shelby died last night at Baylor Hospital in Dallas at the age of 89. After a successful career as a race driver was shortened by a health issue, Shelby turned automaker in the 1960s.
Lotus released the details of its
Also in this episode: We tour the General Motors Heritage Center, hundreds of
The government doesn't plan to end its part ownership of General Motors in the near future, a newspaper reported today.
Ally Financial, the former GMAC financing company that provides loans to auto dealers and car buyers, is poised to sever its Residential Capital mortgage unit in a pre-arranged bankruptcy filing that could come as soon as Sunday.
Lithium-ion battery maker A123 Systems said it expects to show a first-quarter net loss of about $125 million, including costs from a recall of potentially defective battery packs.
The eleventh generation Toyota Corolla has been launched in Japan. This all-new car is shorter, features lightweight materials and is being manufactured by a new TMC subsidiary.
Jaguar Land Rover, the UK luxury car unit of Tata Motors, is to spend an additional GBP1bn (US$1.6bn) with UK suppliers over the next four years as demand for the Range Rover Evoque continues to grow around the world.
When engineers at Cadillac built the ATS sedan, they knew that they were competing with some of the best products on the market, such as the BMW 3-series, the Audi A4 and the Mercedes-Benz C-Class.
Much as we love fragile Japanese all-wheel-drive cartoon cars here in
President Barack Obama dismissed Mitt Romney's comments this week claiming credit for the recovery of the U.S. auto industry, saying his Republican rival's plan would have sunk GM and Chrysler.
IG Metall says a decision to put its wage demands last on a list of requests to employers federation, Gesamtmetall, is a tactic designed to apply sustained pressure.
When engineers at Cadillac built the
Hyundai this week started annual wage talks with its labour union, with demands including an end to overnight shifts.
Vehicle sales in China increased by 12.5% year on year in April. According to the China Association of Automobile Manufacturers (CAAM), 1.28m sedans, SUVs, MPVs and minivans were sold last month compared to 1.14m in April 2011. For the January-April period, deliveries rose 1.9% to 5.05m.
Volvo Eicher Commercial Vehicles (VECV) is planning to spend INR2.88bn (US$53m) at its Pithampur plant in Madhya Pradesh to expand and increase production capacity.