Volvo Car Corporation, owned by China's Zhejiang Geely, said on Thursday its earnings almost doubled in the first quarter and forecast sales at the Sweden-based carmaker would continue to grow this year.
Ford Motor Co. and Google have teamed up in an attempt to ease commuters' daily drives.
Valeo has announced the successful placement of EUR500m of new bonds with maturity in 2018 and the final result of its offer to repurchase notes with maturity in 2013 for a principal amount of EUR200m.
Visteon Corp., the auto supplier that exited bankruptcy in October, said William Redmond Jr. will resign from the board because he disagreed with the company's handling of nominations for new directors.
The 2011 AW/ZF Fantasy Camp starts this Friday, May 13, then hits the track Saturday. Be sure to check autoweek.com and our special
General Motors is directing $204 million of a $2 billion investment in its U.S. plants toward building an eight-speed automatic transmission in Toledo.
Nissan Motor will return to normal production levels globally in October, after Japan's 11 March devastating earthquake and tsunami disrupted supply chains and forced factory stoppages, chief executive Carlos Ghosn said on Thursday.
Europe's Association of Automotive Suppliers (CLEPA) said on Thursday (12 May, 2011) Saab's haste in trying to tie the financial knot with Chinese automaker Hawtai almost inevitably led to the deal's demise.
DIGITAL EDITOR ANDREW STOY: The good: This 2012 Ford Focus SE drives brilliantly. The chassis feels larger than it is, but in a good way.
Saab says Spyker parent CEO Victor Muller is now in China to discuss finding new potential partners following today's (12 May) collapse of a planned EUR150m (US$213m) investment by Beijing-based Hawtai.
The legendary BMW 328 roadster made its debut at the International Eifel Race at the Nürburgring in 1936, 75 years ago.
Nissan Motor has posted a fourth quarter net profit of JPY30.8bn, compared with a net loss of JPY11.6bn a year earlier. Sales rose 10% in the quarter to JPY2.351 trillion from JPY2.138 trillion while operating profit was up 7.2% to JPY88.6bn from JPY82.7bn.
Audi plans to launch the redesigned A6 luxury sedan and new Q3 small SUV in India by early 2012, a senior executive said on the sidelines of the A7 and RS5 media launch event.
Saab parent Spyker Cars NV said Thursday that a
Half scooter, half car, the electric Twizy will start from just £6,690 and the order books are open now.
Global steering and driveline specialist Nexteer reckons almost five billion litres of fuel have been saved globally by cars fitted with its electric power steering (EPS) technology which, it said, "continues to win market share from hydraulic systems".
Volkswagen Group of America (VWGoA) has broken ground for a new 63,000 sq ft lab in Oxnard, California, that will house auto emissions testing and powertrain development for the group brands Volkswagen, Audi, Lamborghini, Bentley and Bugatti. The $25 million lab will replace an existing facility in Westlake Village near Los Angeles.
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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