General Motors has announced an unsecured US$12.5bn revolving credit facility consisting of a $5bn three-year facility and a $7.5bn five-year facility amending and extending GM's existing $11bn credit facility.
General Motors has announced its general counsel Michael Millikin will retire early in 2015.
Toyota recalled 247,000 cars, SUVs and pickup trucks in the United States today because of potentially defective front passenger airbag inflators from Japanese supplier Takata that can rupture and spray metal shrapnel, according to federal safety...
The program to compensate victims of a faulty ignition switch in GM vehicles has approved two new death claims, bringing the total number of deaths linked so far to the switch to 29, according to a report released on Monday by the lawyer overseeing...
Improving Western relations with Tehran and a need to renew the country's ageing car parc present genuine automaker supplier opportunities says one Iran expert.
Funding of GBP5.4m awarded today (20 October) by the UK Department for Business, Innovation and Skills (BIS) will help six local automotive suppliers win new business and close the skills gap.
Opinion
20 Oct, 2014
Editor-in-chief Steve Fowler ponders the potential of the Czech brand without VW Group pressures
Sales of electric cars and other plug-in vehicles in the UK "continue to rapidly increase, with a record number of people taking advantage of government grants", claimed the Department of Transport in a statement on Monday.
By the removal of a personal pronoun from state law, a bill awaiting Governor Rick Snyder's signature would make it harder for Tesla Motors to sell its electric vehicles directly to customers in Michigan.
Leading Swedish union, IF Metals, is stressing the collaborative nature of its approach to bargaining, which has recently netted the creation of 1,300 new jobs at Volvo's Torsland plant near Gothenburg.
News
20 Oct, 2014
Spy shots of Volkswagen's rapid new Golf R estate show it out testing in showroom spec, ahead of December 2014 launch
Jaguar Land Rover is in talks with several southern U.S. states about building a factory that would eventually produce 200,000 vehicles a year, a UK newspaper reported. JLR did not confirm or deny the report.
Jaguar Land Rover is in talks with several southern U.S. states about building a factory that would eventually produce 200,000 vehicles a year, a UK newspaper reported. JLR did not confirm or deny the report.
The weekend's news Tata Motors' Jaguar Land Rover is 'talking to southern states' about establishing a factory in the United States is an intriguing development and one that would make good sense both for the British automaker and its Indian parent.
Jaguar Land Rover will build the Discovery Sport midsize SUV as a second model in its new China factory after the Range Rover Evoque. The Discovery Sport is based on the Evoque.
European Parliament officials are stressing the importance of manufacturing in the automotive sector as job creators for other industries.
Tata Motors' Jaguar Land Rover (JLR) reportedly is talking to local governments in several southern states about setting up a factory in the US which would be a first for a British carmaker in the world's second-largest vehicle market.
News
20 Oct, 2014
Ford invests £190 million in its Dagenham plant for ultra-clean diesels to meet London's planned pollution charge, creating over 300 jobs
Volkswagen is recalling over 1.1m cars in North America and China to correct a potential problem with rear suspension parts.
Ford will invest a further 240 million euros (190 million pounds) in its factory in Dagenham, southern England, as part of a new diesel engine program. Ford will start producing low-carbon 2.0-liter diesels at the factory late next year.
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