Indiana pension funds at the weekend asked the US Supreme Court to immediately delay the sale of bankrupt Chrysler to a group led by Fiat while they challenge the deal.
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The Obama administration urged the U.S. Supreme Court today to reject a request to delay the sale of Chrysler LLC to a group led by Italian carmaker Fiat S.p.A., saying that blocking the deal would have "grave consequences."
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Vietnam new car sales last month fell 24% year on year to 8,761 vehicles, as tight credit and a weakening economy hit demand.
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General Motors' Chevrolet brand and Ford Motor were among the biggest losers as the collapse in car sales in the Russia failed to find a bottom in May. Volume plunged 58 percent last month to 280,900, compared with May 2008.
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Toyota plans to cut the cost of producing compact cars by US$1bn a year as demand is likely to grow during the global recession, a newspaper said.
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Chrysler isn't planning to participate in upcoming television ad buying process -- and it may continue life without the brand that carries its name.
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Italian supercar maker announces it's looking into hybrid technology and fits solar panels to its factory roof
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Baffling terms such as ABS, ASR, BAS, EBD, EMD, ESP and TCS bound back and forth in brake engineering circles. But it's a foreign language to many. Do drivers really understand this braking technology, let alone know how to use it to best effect? Matthew Beecham releases just-auto's annual review of electronic braking technology.
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Fiat announced Monday that the 500 C -- the convertible version of its popular 500 minicar -- will start at 16,600 euros in Italy. That is 2,800 euros more than the hardtop 500 with the same 1.2-liter gasoline engine and comparable equipment.
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Fiat announced Monday that the 500 C -- the convertible version of its popular 500 minicar -- will start at 16,600 euros in Italy. That is 2,800 euros more than the hardtop 500 with the same 1.2-liter gasoline engine and comparable equipment.
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Mercedes-Benz has been busy. Having just introduced a new E-class, it now presents the 2010 S-class. The lineup includes the S400 hybrid, and the first production Mercedes hybrid is aimed squarely at Lexuss LS 600h.
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Mercedes-Benz has been busy. Having just introduced a new E-class, it now presents the 2010 S-class. The lineup includes the S400 hybrid, and the first production Mercedes hybrid is aimed squarely at Lexuss LS 600h.
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Latest spy shots of 'baby' Rolls prove the £180,000 saloon is ready for production
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Knees splayed, head cocked and elbows tucked in tight, we wouldnt call the seats particularly spacious, but the fact that we fit at all was impressive. They would certainly work in a pinch. Were talking Lotus Evora seats, after all--the rear ones.
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State-controlled Sberbank is expected to pay EUR65m for bankrupt General Motors' plant in St Petersburg, a source at the bank told Prime-Tass.
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Car sales in India rose an annual 2.5% in May, climbing for the fourth consecutive month, following the introduction of interest rate cuts and stimulus packages although the Society of Indian Automobile Manufacturers (SIAM) warned that high borrowing costs and the effects of tax cuts were waning.
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General Motors has stopped production at its plant in St Petersburg, Russia until the end of the month as it tools up for the new Chevrolet Cruze.
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The German government could provide embattled Continental and Schaeffler Group with financial support, Lower Saxony state premier Christian Wulff has told Focus magazine.
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Sichuan Tengzhong Heavy Industrial Machinery's management team is in the United States hammering out a deal with GM to buy Hummer, and could return to China this week, a source close to the talks has said.
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