Delphi Corp. won interim court approval of a two-week extension of the deadline for it to reach a funding agreement with General Motors, according to court documents.
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Ssangyong said Friday that operations at its two domestic plants have been halted as union workers protested against the company's plans to layoff thousands as part of a viability plan.
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Vietnam's auto trade association has said that car sales in Vietnam declined by 38% in the first four months of this year.
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It took a bankruptcy for Chrysler LLC to return to network TV. The automaker, which has been operating since last Friday under Chap.
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The key selling point for Toyota's fully redesigned second generation Lexus RX450h SUV is a 23% fall in CO2 emissions from its predecessor's 192g/km to just 148g/km; paying CO2 tax at B or C-segment hatchback level for a medium-large, fully-loaded SUV is not at all bad.
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German regional governments said on Friday that Fiat still had not presented a convincing strategy to merge General Motors' Opel unit with Fiat's car business.
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German regional governments said on Friday that Fiat still had not presented a convincing strategy to merge General Motors' Opel unit with Fiat's car business.
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Two years ago, the hot-rodding world pulled out all the stops to celebrate the diamond jubilee of the iconic 1932 Ford, the hot-rodder's hot rod.
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It should not be a surprise, as General Motors scrambles to cut costs and cars sit unsold on dealers' lots, that the automaker is cutting high-performance versions of several vehicles for the 2010 model year.
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Automaker across the European Union (EU) will from next April have to issue comprehensive and detailed certificates of conformity with each new vehicle illustrating compliance with EU technical standards.
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The US Treasury last night said Chrysler, which filed for Chapter 11 bankruptcy protection on 30 April, had now reduced the amount of debtor-in-possession financing to US$3.034bn from $3.340bn.
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Figures released by JD Power Automotive Forecasting show that the West European car market fell by 12.3% year-on-year in April. However, the weak looking result was in part a result of fewer working days in the month of April this year (due to when Easter fell).
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The the Federal Chamber of Automotive Industries (FCAI), which represents manufacturers and importers of new vehicles, has taken steps to prepare for the introduction of plug-in electric and electric-hybrid vehicles into Australia.
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Toyota Australia's sales chief thinks the new car market 'down under' is poised to improve through the rest of 2009, after hitting the bottom in April.
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PARIS (Reuters) -- Renault CEO Carlos Ghosn, has been appointed chairman of the French carmaker, in an anticipated management change.
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Australian sales of passenger cars, SUVs and commercial vehicles fell 23.9% year on year to 63,965 units, official VFACTS data released by the Federal Chamber of Automotive Industries (FCAI) showed.
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Sales of passenger vehicles in China reportedly rose to a record 830,000 units in April as the market continued to benefit from government stimulus measures designed to boost car sales.
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Vehicle sales in the Philippines declined 9% in April according to industry sources.
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New car, truck and bus sales in Brazil dropped 13.6% month on month in April as consumer demand waned after four straight months of gains, national dealers' association Fenabrave said.
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