The much-anticipated Audi R8 spyder likely will make its world debut in production guise at the Frankfurt motor show in September.
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Chrysler's financial adviser now says a breakup and sale of the company would bring far less cash than he had projected four months ago.
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A majority of rank-and-file members of the UAW approved a ratified agreement with General Motors today that will give the union a stake in the U.S. automaker in return for concessions, according to initial tallies.
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Former General Motors Vice Chairman Bob Lutz envisions the Obama administration's automotive task force evolving into a permanent entity exercising "benevolent oversight" of the industry.
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The Obama administration plans to inject $30 billion into General Motors on top of the $19.4 billion it has already lent as part of a sweetened offer to bondholders, senior administration officials said today.
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The Obama administration plans to inject $30 billion into General Motors on top of the $19.4 billion it has already lent as part of a sweetened offer to bondholders, senior administration officials said today.
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Visteon Corp. today asked a U.S. bankruptcy judge to approve up to $33.9 million in payments to critical suppliers for parts they delivered to Visteon before the giant parts suppliers filed for Chapter 11 protection late Wednesday.
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Bob Lutz, General Motors soon-to-retire product czar, said Thursday that not only does he support and endorse the work of President Barack Obamas automotive task force, but hed also like to see the government-industry entity become a permanent...
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Bob Lutz, General Motors soon-to-retire product czar, said Thursday that not only does he support and endorse the work of President Barack Obamas automotive task force, but hed also like to see the government-industry entity become a permanent...
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Dealers struggling to find floorplan financing will get aid from the federal government through a pilot program being launched by the Small Business Administration.
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As its name suggests, the BMW X1 represents the entry level in the German carmaker's SUV lineup.
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Chrysler LLC's Viper sports car business has drawn only limited interest from buyers, according to court statements filed in connection with the automaker's bankruptcy hearing.
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Telesto Ventures, a contender for General Motors' Saturn brand, has recruited a team of Chrysler veterans as advisers, a spokeswoman confirms.
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Telesto Ventures, a contender for General Motors' Saturn brand, has recruited a team of Chrysler veterans as advisers, a spokeswoman confirms.
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Chrysler LLC's Viper sports car business has drawn only limited interest from buyers, according to court statements filed in connection with the automaker's bankruptcy hearing.
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Chrysler LLC's Viper sports car business has drawn only limited interest from buyers, according to court statements filed in connection with the automaker's bankruptcy hearing.
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In today's News Brake: We get some time in the driver's seat of the Chevrolet Volt and find that it's good; Cadillac is ready to launch the new SRX and CTS wagon this summer; and the Ariel Atom goes nuclear with a 500-hp V8 ...
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