Unionized workers at General Motors' Canadian operations voted in favor of a four-year labor agreement with the company, the Canadian Auto Workers union said. The union said 73 percent of the GM workers who voted backed the deal.
Chrysler is pulling out all the stops for this year's SEMA show in Las Vegas.
General Motors CFO Daniel Ammann, who advised the automaker on the eve of its 2009 bankruptcy while working as a Morgan Stanley banker, said a lawsuit over some Canadian notes may harm the company by as much as $918 million, or 50 cents a share.
General Motors CFO Daniel Ammann, who advised the automaker on the eve of its 2009 bankruptcy while working as a Morgan Stanley banker, testified that he didn't know at the time that the bank sat on the other side of a deal he was negotiating.
Ferrari brought its entire model lineup to the Paris motor show, but the bare carbon-fiber chassis set to underpin the
Opel/Vauxhall expects to sell 200,000 fewer vehicles this year, ahead of an even tougher market in 2013, Opel sales chief Alfred Rieck said. Last year, the carmaker sold 1.21 million cars and light commercial vehicles.
Opel/Vauxhall expects to sell 200,000 fewer vehicles this year, ahead of an even tougher market in 2013, Opel's sales chief Alfred Rieck told Reuters on Thursday. Last year, the carmaker sold 1.
The Mexican unit of Nissan expects its 2012 vehicle production to rise by 20 percent to 25 percent. Nissan produced 607,087 units in Mexico last year, becoming the largest car maker in Latin America's second-biggest economy.
Videos
27 Sep, 2012
Watch our video of the McLaren P1 hypercar which made its world debut at the 2012 Paris Motor Show
We take a look at some of the high-performance vehicles making their debut at the 2012 Paris motor show. Visit autoweek.com for more on the
Videos
27 Sep, 2012
Watch our video of the upcoming Ford Mondeo on show at the 2012 Paris Motor Show
News
27 Sep, 2012
McLaren P1 latest details, including the lowdown on its F1-inspired design
Fiat CEO Sergio Marchionne, irritated by comments from Volkswagen executives, invited the German carmaker to a dawn showdown at the Paris auto show as tensions rise between the two European automakers. VW accepted his invitation.
Fiat-Chrysler CEO Sergio Marchionne, irritated by comments from Volkswagen executives, invited the German carmaker to a dawn showdown at the Paris auto show as tensions rise between the two European automakers. VW accepted his invitation.
Plans for Fiat to merge with Chrysler Group will not be affected by a lawsuit over the price Fiat is to pay for an additional 3.3 percent stake in the automaker, Sergio Marchionne, CEO of both Fiat and Chrysler, said.
Plans for Fiat to merge with Chrysler Group will not be affected by a lawsuit over the price Fiat is to pay for an additional 3.3 percent stake in the automaker, Sergio Marchionne, CEO of both Fiat and Chrysler, said today.
News
27 Sep, 2012
The Paris Motor Show has given us countless world debuts and we've got the latest from France
Fiat CEO Sergio Marchionne said the European car market's five-year slump made it "more likely" there will be coordinated plant closures across the continent.
Videos
27 Sep, 2012
Watch our video of the BMW Compact Active Tourer debuted at the 2012 Paris Motor Show
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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