General Motors Co. today posted a fourth-quarter net profit of $510 million, its lowest quarterly net of the year but a sharp swing from a loss of $3.52 billion in the fourth quarter of 2009. For all of 2010, GM's net profit was $4.
Subaru is to show Subaru 'Boxer Sports Car Architecture' Concept, currently under joint development with the Toyota, at the upcoming Geneva Show.
The Renault Kangoo van Maxi ZE, a long wheelbase version, will join Renault's range of electric vehicles at the end of 2011.
The Renault Kangoo Van Maxi Z.E., the long wheelbase version of Kangoo Van Z.E., is poised to join Renault's range of electric vehicles when it goes on sale at the end of 2011.
Ahead of General Motors releasing its full-year and fourth quarter results today (24 Feb), one analyst maintains the automaker's bankruptcy allowed it to make the most of unique circumstances.
Kuwaiti investment group Dar, owner of half of Aston Martin, is planing asset sales of $1.7 billion to help restructure its debts.
Jaguar Land Rover (JLR) and Dassault Systèmes, a specialist in 3D and Product Lifecycle Management (PLM) solutions, have entered a 'strategic partnership that formalises future cooperation and collaboration between the two companies'.
SAIC wants to more than triple annual sales of its MG and Roewe models to 700,000 units by 2015, according to a report in the Chinese newspaper, 21st Century Business Herald.
Loss making Dutch sportscar maker Spyker, which acquired Saab last year, is planning to sell its original luxury car business to a Russian investor, to raise EUR32m (US$44m) in order to pay off debts.
Italdesign Giugiaro will unveil concepts for a coupe and a minivan for Volkswagen at the Geneva auto show. The coupe concept could be a possible successor to the VW Scirocco.
Volkswagen might reach its ambitious goals for 2018 earlier than expected, Christian Klingler, VW Group's board member responsible for sales and marketing, said in an interview with Automotive News Europe.
Sweden's Volvo Cars confirmed it will build a new car plant in Chengdu, in China's Sichuan province, which is expected to become operational in 2013 with the capacity to make 100,000 cars per year
Did Dale Earnhardt Jr. get "the call" from NASCAR at Daytona this year? Or is Trevor Bayne's win the best thing to happen to the Sprint Cup series in a long time? The Formula One season now starts in Australia, not Bahrain.
Porsche's former CEO and finance head may have put the company at risk of collapse, German prosecutors said as they widened a probe triggered by the sports car maker's failed Volkswagen bid.
Spyker Cars is negotiations to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov. Spyker, which bought Saab from General Motors Co.
Spyker Cars is negotiations to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov. Spyker, which bought Saab from General Motors Co.
The technology that makes high-end noise-cancelling headphones coveted by frequent flyers and iPod audiophiles is helping GMC Terrain owners save gas.
Ferrari Chairman Luca Cordero di Montezemolo's salary in 2010 was more than twice that of Fiat CEO Sergio Marchionne, making him the best-paid executive in the whole Fiat Group. Montezemolo, who was Fiat's chairman until last April, was paid 8.
Ferrari Chairman Luca Cordero di Montezemolo's salary in 2010 was more than twice that of Fiat CEO Sergio Marchionne, making him the best-paid executive in the whole Fiat Group. Montezemolo, who was Fiat's chairman until last April, was paid 8.
Volkswagen's planned merger with Porsche will probably be delayed into next year because of legal and financial obstacles. In manufacturing, the integration of the two automakers is already in full swing.
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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