Credibility. It's a precious commodity in the car business, something that's hard fought, easily lost and takes years to rebuild. And
GM said it will buy back 200 million of its shares from the U.S. Treasury and the government plans to sell its remaining stake within 15 months, all but assuring a multibillion dollar loss. Analysts react to the move.
News
23 Dec, 2012
The BMW 3 Series Coupe will become the 4 Series when it goes on sale at the end of 2013
Ken Blockand#8217;s Gymkhana videos take a long time to produce.
News
19 Dec, 2012
Lotus has revealed a special-edition Evora Sports Racer, which comes with more kit and new colours
The Bosch Group plans to establish a new manufacturing site for automotive technology in Samara, Russia.
Carlyle Strategic Partners has announced the sale of Metaldyne LLC to American Securities LLC for an undisclosed amount. The venture capital firm bought the firm in October 2009.
Johnson Controls says it expects to post higher sales and earnings in fiscal 2013 despite the challenging economic environment.
General Motors is to buy back US$5.5bn of the US Treasury's stake in the automaker with the remainder to be paid off within 12 to 15 months.
News
19 Dec, 2012
The facelifted Toyota Aygo, Citroen C1 and Peugeot 107 have had their Euro NCAP rating lowered to three stars
ASSOCIATE TECHNICAL EDITOR BRAD CONSTANT: I'm finding that my excitement levels are consistently increasing every time I get to drive a car with the letters and#8220;AMGand#8221; on it.
Former Porsche CEO Wendelin Wiedeking and ex-Chief Financial Officer Holger Haerter were charged with market manipulation over the use of options in a failed bid to take over Volkswagen.
SABIC's Innovative Plastics business says it is marking continued progress in the adoption of its polycarbonate (PC) glazing materials for automotive window applications with Fiat's new 500L multi-purpose vehicle (MPV).
News
25 Dec, 2012
We've spotted the all-new third-generation BMW X5 ahead of its official debut in September
News
27 Dec, 2012
The best pictures yet of the new BMW i3 supermini testing near the company’s base in Munich
News
30 Dec, 2012
The BMW i8 will retain its concept car looks for the production model
Ford Motor Company of Southern Africa (FMCSA) has announced that the Ford Struandale engine plant will be increasing production capacity of the Duratorq TDCi diesel engine to cater for new demand from the North American market.
General Motors today said it will buy 200 million shares of its stock from the U.S. Treasury for $5.5 billion and that the government intends to unload all of its shares within 15 months. GM will pay $27.