May
7th
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Renault board chairman Louis Schweitzer has reliinquished the post, the automaker said today. Full story...
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May
7th
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General Motors Europe lost $2 billion (1.5 billion euros) in its first three months of 2009 after its revenues almost halved, the company said today. GM Europe's revenues fell to $5.3 billion from $9. Full story...
May
7th
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General Motors is very concerned about potential lost sales if the automaker files for bankruptcy and wants a very quick process if it goes that route, CFO Ray Young said. Full story...
May
7th
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STUTTGART May 7 (Reuters) -- Daimler AG's inventory of unsold Mercedes-Benz luxury cars dropped dramatically in April, although the brand's sales posted a sharp 23 percent fall to 80,700 vehicles during the month. Full story...
May
7th
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Renault announced Thursday that its Romanian subsidiary Dacia would begin selling the low-cost Sandero Stepway crossover in Europe starting in September. Full story...
May
7th
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General Motors will choose two to three preferred bidders for its Saab brand this week, industry sources tell Automotive News Europe. The sources would not say which bidders have the best chance to make it to the next round of talks. Full story...
May
7th
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General Motors will choose two to three preferred bidders for its Saab brand this week, industry sources tell Automotive News Europe. The sources would not say which bidders have the best chance to make it to the next round of talks. Full story...
May
7th
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General Motors will choose two to three preferred bidders for its Saab brand this week, industry sources tell Automotive News Europe. The sources would not say which bidders have the best chance to make it to the next round of talks. Full story...
May
7th
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Fiat has confirmed its chief executive Sergio Marchionne will head Chrysler after its bankruptcy procedure and alliance with the Italian automaker are completed. Full story...
May
7th
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May
7th
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May
7th
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Spanish company keeps its word and makes production version of stunning hot hatch concept
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May
7th
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The strong early demand for the Chevrolet Camaro has General Motors looking to crank more units out of the Oshawa, Ontario, assembly plant. Full story...
May
7th
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Fiat could shut plants in Austria, Britain, Germany and Italy as part of its plans to take over General Motors' European operations, German newspaper Handelsblatt said on Thursday. Full story...
May
7th
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May
7th
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May
7th
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General Motors, facing a June 1 U.S. restructuring deadline to avoid bankruptcy, posted a $6 billion net loss in the first quarter and burned through $10.2 billion in cash as global auto sales plunged. Full story...
May
7th
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General Motors is considering exchanging its Latin American and European operations for a stake in Fiat, a US newspaper said on Thursday. Full story...
May
7th
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UK-based consultancy CLEAR forecasts that commercial vehicle trailer demand in Eastern Europe will continue to shrink. Full story...
May
7th
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China's Geely Automobile Holdings is among fewer than five bidders remaining for Ford Motor's Volvo brand, two sources familiar with the matter told Reuters. Full story...