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May
13th

US: GM execs dump their remaining stock

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A number of GM executives have liquidated their remaining GM stock, helping to send the GM share price down to new depths. Full story...
May
13th

Ricardo warns on full-year earnings

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Engineering and automotive consultancy Ricardo cut its view for full-year earnings on Tuesday, blaming market conditions. Full story...
May
13th

Schaeffler collides with union over job cuts

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German supplier Schaeffler provoked an angry response from powerful trade union IG Metall on Wednesday when it announced that it may have to cut 4,500 jobs as the global slump eats into sales. Full story...
May
13th

GM at Detroit Show

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GM will come out fighting at the Detroit SHow despite recent troubles.


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May
13th

Could Jaguar Land Rover be next?

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Iconic British brand in talks with government over possible bail-out plan.


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May
13th

Chrysler bankruptcy may take up to 2 years to complete, report says

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Chrysler LLC's bankruptcy may take as long as two years, instead of the two months that U.S. President Barack Obama suggested as a target, Bloomberg said, citing an administration official. Full story...
May
13th

Chrysler bankruptcy may take up to 2 years, report says

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Chrysler LLC's bankruptcy may take as long as two years, instead of the two months that U.S. President Barack Obama suggested as a target, Bloomberg said, citing an administration official. Full story...
May
13th

Chrysler bankruptcy may take up to 2 years, report says

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Chrysler LLC's bankruptcy may take as long as two years, instead of the two months that President Barack Obama suggested as a target, Bloomberg said, citing an administration official. Full story...
May
13th

Lexus LF-A spied

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Lexus' long-awaited supercar laps the 'ring in production ready form


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May
13th

New Astra Hits Road!

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Vauxhall sets its sights on Ford Focus as it releases first pictures and full details of best-selling hatchback


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May
13th

Daimler to cut jobs Japan truck unit, source says

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Daimler, the world's largest commercial vehicle maker, plans to cut at least several hundred jobs at its Mitsubishi Fuso subisidiary, mainly among its Japanese sales team, a source told Reuters. Full story...
May
13th

Grim mood of auto workers worries Russia

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The gates of a gray car factory in central Russia creak open, releasing hundreds of workers into the bright spring sunshine. The workday is over, but the mood is grim. Full story...
May
13th

Ford raises $1.4 billion from share offer

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Ford Motor Co. said on Tuesday that it raised $1.4 billion through a 300 million share offer for $4.75 per share, a move that CEO Alan Mulally said was an important step toward getting profitable again. Full story...
May
13th

BMW CEO Reithofer wants limited Daimler ties, report says

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BMW's CEO is concerned that making compact vehicles jointly with rival Mercedes-Benz of Daimler or merging their financial services operations could be a danger, he told a German newspaper. "There are clear limits. Full story...
May
13th

BMW CEO wants limited Daimler ties, report says

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BMW's CEO is concerned that making compact vehicles jointly with rival Mercedes-Benz of Daimler or merging their financial services operations could be a danger, he told a German newspaper. "There are clear limits. Full story...
May
13th

MADD’s Hurley pulls out of bidding for NHTSA chief

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Charles Hurley, the Mothers Against Drunk Driving CEO who has been criticized by some environmentalists, has withdrawn from consideration as head of the National Highway Traffic Safety Administration. Full story...
May
13th

Ford raises $1.4 billion through share offering

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Ford Motor Co. said on Tuesday that it raised $1.4 billion through a 300 million share offer for $4.75 per share, a move that CEO Alan Mulally said was an important step toward getting profitable again. Full story...
May
13th

Ford raises $1.4B through share offering

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Ford Motor Co. said on Tuesday that it raised $1.4 billion through a 300 million share offer for $4.75 per share, a move that its CEO said was an important step toward getting profitable again. Full story...
May
13th

Porsche’s stopped plan to control VW faces probe

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German financial markets watchdog BaFin is investigating a possible market manipulation by Porsche Automobil Holding SE as it attempted to take over Volkswagen AG, the organization said on Tuesday. Full story...
May
13th

EU agrees another 750M euros in carmaker loans

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The European Investment Bank on Tuesday approved 750 million euros ($1.02 billion) of loans to European Union carmakers, mainly units of Ford, to make cleaner cars as part of a bigger package to help the sector. Full story...
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