The last we heard, Saab was expecting to relaunch production this week. As we now know, the Hawtai deal fell threw, thwarting the Swedish automaker's plans and forcing it to negotiate a new deal with Chinese distributor Pang Da. The company is currently poised to open discussions with its suppliers regarding its debts and is looking to get the assembly chains rolling again normally next week.
Forget making the Chase; the pressure to win the Pit Crew Challenge can be more intense.
I just read an interesting story on the Boston.com website. Craig Fitzgerald wrote about the death of the compact pickup truck.
Every time I drive a Mustang, I'm astounded to see how this soon-to-be-50-year-old model continues to win over American muscle car enthusiasts, young and not so young drivers who all seem to worship at the same altar.
Ford chairman Bill Ford wrote in an article for Fortune magazine that about 25 percent of the company's fleet will be electrified by 2020, although he cautioned that ''even with this approximation it's really hard to predict''.
The organisers of the Formula 1 Grand Prix of Canada announced on Wednesday the return of the popular "Open House Day" at Circuit Gilles-Villeneuve in Montreal.
The FIA has agreed a "grace period" as it clamps down in 2011 on the extreme blowing of exhaust gases through sophisticated diffusers.
The near-term key for automotive marketers is securing a foothold in new digital mediums #8211; like smart phones and tablet computers #8211; that are supplanting traditional ones like newspapers and radio, automotive marketing experts said today.
Hyundai's new U.S. marketing chief wants the brand to make stronger pitches about its improved quality, design and engineering to strike a more emotional chord with buyers who traditionally shopped the brand on price and value.
Delphi Automotive hired Goldman Sachs and JPMorgan Chase to lead an initial public offering that may raise more than $1 billion and value the parts maker at $10 billion, a person with knowledge of the plans said.
Auto dealers #8211; rather than the Internal Revenue Service #8211; could take over the task of awarding hybrid and electric vehicle buyers with their $7,500 federal incentive checks as soon as next year, U.S.
Private equity firms Carlyle Group and Apollo Global Management are no longer interested in automotive supplier Federal-Mogul, several sources familiar with the situation said on Tuesday, shrinking the field of potential bidders for the auto parts...
Scott Pruett isnand#8217;t the only race-car driver looking to dress up what racing fans are drinking. Randy Lewis is, too.
About 25 percent of Ford Motor Co.'s fleet will be electrified by 2020, Chairman Bill Ford wrote in an article for Fortune magazine, published online on Tuesday.
Supplier Lear Corp. today announced the opening of a new electronics plant in Rabat, Morocco. The plant employs 130 and expects to add 230 by the end of 2011.
Saab, forced to halt output seven weeks ago amid payment disputes with suppliers, aims to restart assembly lines next week.
Saab, forced to halt output seven weeks ago amid payment disputes with suppliers, aims to restart assembly lines next week.
The Obama administration is "hopeful" Chrysler will qualify for government loans to help make more fuel-efficient vehicles, but the automaker still has hurdles to clear with banks and investors.
It was nearly eight years ago when we first heard about the HondaJet, a light aircraft that would revolutionize travel. It would be easy to fly, seat a family or more comfortably, and would be relatively fuel-efficient.
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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