Fiat must pay at least $342 million for a 3.3 percent stake in automaker Chrysler Group that is held by a union-related trust, the trust claimed in court documents filed on Monday. The UAW health care trust said Fiat's offer of $139.
Auction giant Manheim is relaxing some policies at 11 mid-Atlantic and Northeast auction sites in an effort to help dealers impacted by Hurricane Sandy.
Also in this episode: Lamborghini unveils the Aventador roadster, and the NASCAR Sprint Cup race in Phoenix
Porsche is reproducing its famous crests from 1952 to 1973 for Porsche Classic customers.
Faurecia, Europe's largest maker of car interiors, plans to cut about 3,000 jobs in its home region, or 7.5 percent of the workforce, by the end of next year as it retrenches in lackluster European markets.
Faurecia, Europe's largest maker of car interiors, plans to cut about 3,000 jobs in its home region, or 7.5 percent of the workforce, by the end of next year as it retrenches in lackluster European markets.
Hertz has agreed to shed more airport locations than previously offered, which may lead the Federal Trade Commission to allow the $2.6 billion acquisition of Dollar Thrifty Automotive Group Inc.
Porsche will halt weekend production of two-seater sports cars at its biggest plant next year as Europe's deepening debt crisis is eroding demand for luxury vehicles, company sources told Reuters.
The energy and scale of the
Nissan announced pricing for the 2013 Titan pickup last Friday.
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12 Nov, 2012
New all-electric Honda Micro Commuter is set to rival the Renault Twizy
The Canadian Auto Workers union agreed to extend a labour contract deadline at a car seat factory in Canada, averting a possible strike from Sunday that could have shut down Chrysler's North American minivan plant.
Hyundai Motor and affiliate Kia Motors now face a US$775m class-action lawsuit in California for false advertising.
The 2013 Jeep Patriot Freedom Edition will join the Jeep lineup alongside the
With a 0-to-60 time of 3.1 seconds and a top speed of 204 mph, the 2013 McLaren 12C Spider is a convertible version of the