Saab says it is in talks with a financial institution for the sale and lease back of properties in Trollhattan as it continues its manufacturing halt.
Spyker, the owner of struggling Saab, is in talks to sell and lease back Saab's real estate so it can settle a cash crunch and pay suppliers, Spyker said Monday.
Daimler AG expects Mercedes-Benz brand sales in China to grow at least 15 percent this year, Ulrich Walker, the company's chairman and CEO for northeast Asia, told reporters in Beijing today.
China's passenger-car sales may grow at a slower pace this year than was earlier estimated by automakers after the government ended incentives for purchases and raised fuel prices.
Renault accepted Patrick Pelata's resignation as chief operating officer over a botched espionage investigation that led to the wrongful dismissal of three senior managers.
Renault accepted Patrick Pelata's resignation as chief operating officer over a botched espionage investigation that led to the wrongful dismissal of three senior managers.
Renault denied that Chief Operating Officer Patrick Pelata had resigned over a debunked spy case at the automaker.
After weeks of anticipation, the industry is taking concrete steps to cope as the impact of the Japan quake hits North American shores. Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. have curtailed production in North America.
When members of the Lincoln National Dealer Council meet with Ford Motor Co. executives next week, some dealers will want a clarification on standards they're supposed to meet by this fall.
The Internet is a car shoppers' paradise. To find the car they need, people pore over reviews, prices, videos, specs and accessories. And when they are ready to buy, they type their contact information into a box and become an Internet lead.
The past three years saw the fastest consolidation of U.S. car dealers in history, with the recession, bankruptcy filings and the elimination of the Mercury, Saturn, Pontiac and Hummer brands.
Alfa Romeo's return to the United States, which parent Fiat S.p.A. has weighed since 2000, will be delayed beyond next year, sources say. Fiat has said that it was aiming for U.S. Alfa sales to start in late 2012.
The world's largest maker of automotive microcontrollers -- the electronic brains that control millions of vehicles built by major automakers -- is shifting production from a key crippled plant to two other plants, but it will take months before...
Fuel-cell vehicle developers usually say they are building electric vehicles that draw power from hydrogen, not a battery. But not always.
Red Bull Racing's Sebastian Vettel made it look really easy as he scored his second victory of the season and extended his world championship point's tally to 50 on Sunday at the Grand Prix of Malaysia.
A little over one week from the Shanghai Motor Show, Subaru has announced its program for the event, including the first public appearance of the XV Concept that, per its description, is poised to define a new generation of crossover vehicles.
Back in February, Ram announced its intention to launch a new truck - codenamed ''Adventurer'' - offering first-time buyers performance and style that they can customize and make their own. Today, we have learned that the 2011 Ram 1500 Express is officially coming to Canada.
The Mini John Cooper Works WRC, which will make its World Rally debut at the Rally Sardinia in May, has been officially unveiled this Sunday in Oxford, England.
Smartphones have become a major part of our daily lives, providing a myriad of information from the comfort of our homes or anywhere on the go. Companies, automakers and public authorities have developed a dizzying array of applications, including many that help manage transportation needs more effectively. But can they actually influence how we plan our every trip?
NASCAR Sprint Cup Daytona 500 winner, Trevor Bayne was admitted to hospital back in North Carolina after the Texas race for an unknown insect bite.
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
van, insurance you can rely on is a must.
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