A123 Systems' CEO said the company's financial rescue by China's largest auto-parts maker will preserve U.S. jobs, after the agreement drew criticism from a member of Congress.
The best thing about Detroitand#8212;besides our stellar sports teams and sparkling reputationand#8212;is that the car industry lives here. In addition to the Detroit Three, nearly every maker has a presence in the Motor City.
Also in this episode: Details of the next BMW M3 emerge, and we learn more about the departure of GM marketing chief Joel Ewanick.
BMW, one of the official sponsors of the London 2012 Olympics, has gotten its brand into the Olympic stadium -- which is supposed to be free of all commercial activity -- via a fleet of cute Mini Minis.
Porsche will preview plans for a Panamera-based wagon concept in September at the Paris motor show. It is set to provide telling clues for the direction of a production version that could arrive in several years.
ROAD TEST EDITOR JONATHAN WONG: Now this is a Fiat
News
9 Aug, 2012
R8 e-tron will be the first production car to get a digital rear-view mirror
News
9 Aug, 2012
Scheme will offer similar arbitration service to council-run car parks
Suzuki says it is unable to provide further details of the arson attack at its Indian Maruti unit at Manesar that left a senior manager dead and scores of severely injured staff hospitalised.
News
9 Aug, 2012
Audi workshops will now video problems, then post the footage online for customers to see
Days after vowing to be 'relentless' in getting GM back on track, CEO Dan Akerson is putting his money where his mouth is. On Wednesday, Akerson bought 25,000 GM shares at a price of $20.
Not content to rest on his laurels after developing new diesel engines for military applications, Gale Banks and his company
Mitsubishi is recalling a small number of its all-electric cars in the United States due to the possibility that the front and side air bag systems may be deactivated.
Anand Mahindra, vice chairman and managing director of Ssangyong Motors owner Mahindra & Mahindra, has been named chairman of the Mahindra Group.
Toyota's first consumer fuel cell car for the United States will be a sedan, a top executive has said.
Toyota Australia is recalling around 19,000 Camry models and its other locally-made derivatives, the hybrid and V6 Aurion.
Former Saab CEO, Victor Muller, says he has no regrets taking on Saab, but did not shy away from launching further broadsides at unspecified parties, who he claimed, were not over-helpful in the situation.
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