Chrysler Group--the U.S. automaker that has survived two ownership changes and a U.S. bailout in the past four years--on Monday reported its first net profit since emerging from bankruptcy in June 2009.
Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro ($44.7 million) short-term loan to help ease its cash crunch.
Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro short-term loan to help ease its cash crunch.
BPG Motors is releasing the Uno III, the third iteration of its electric scooter.
BPG Motors is releasing the Uno III, the third iteration of its electric scooter.
Porsche has put forward some eye-catching fuel-economy figures for the Panamera diesel--although we may never see the car in the United States.
BMW will not offer its compact X1 crossover in the United States until the end of 2012 because of strong demand for the redesigned version of the larger X3.
BMW will not offer its compact X1 crossover in the United States until the end of 2012 because of strong demand for the redesigned version of the larger X3.
Chrysler today announced its first quarterly profit since the new company emerged from bankruptcy reorganisation in June 2009.
Chrysler Group -- the U.S. automaker that has survived two ownership changes and a U.S. bailout in the past four years -- today reported its first net profit since emerging from bankruptcy in June 2009.
Chrysler Group -- the U.S. automaker that has survived two ownership changes and a U.S. bailout in the past four years -- today reported its first net profit since emerging from bankruptcy in June 2009.
Japanese new vehicle sales in April halved, sinking to the lowest monthly tally on record, as domestic automakers felt the full brunt of the March 11 earthquake that caused unprecedented disruption to car production. .
Audi said it had the best quarterly results in its history with record earnings and new car sales in the first quarter.
French car sales fell 11.2 percent in April, showing the effects of the end of France's scrappage scheme, carmakers' association CCFA said.
More efficient and almost as fast as the Hybrid, oil-burner is cheapest model in the range.
The idea seemed almost ludicrous to Tom Elliott back in 1982, but there it was in black and white on Honda Motor Co.'s strategic product plan.
The big dealership groups are bracing for the bittersweet impact of the Japanese earthquake on their business: higher profit margins but fewer cars. With vehicle supplies short and retail demand growing, they expect prices and profits to rise.
No more excuses for the Detroit 3. Just two years removed from their near-death experience, U.S. automakers have a glistening opportunity to take back some of the market share they have hemorrhaged over the past two decades.
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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