Fiat, which owns 20 percent of Chrysler, may boost the holding to more than 50 percent before a planned initial public offering by the U.S. carmaker this year.
Full story...
Fiat, which owns 20 percent of Chrysler, may boost the holding to more than 50 percent before a planned initial public offering by the U.S. carmaker this year.
Full story...
France's car market ended a negative 2010 on a high note, with drivers flocking to take advantage of scrapping bonuses before they ran out. Meanwhile, car sales in Spain fell for the sixth consecutive month in December, with a 23.9 percent drop.
Full story...
It's cold in Maranello, Italy, and the crowds at the Ferrari Museum are at their smallest. It is more properly called Galleria because this small display is not designed to be a comprehensive museum, with row after row of rare Ferraris.
Full story...
Automakers are pouring billions of dollars into fuel-efficient powertrains. But shapely sheet metal still sells cars--which is why fresh design statements will be abundant at the North American International Auto Show in Detroit next week.
Full story...
Hyundai and affiliate Kia expect to boost vehicle sales 10 percent this year because of new models and rising demand in China and other emerging markets. Sales may rise to 6.
Full story...
Hyundai and its affiliate Kia aim to boost vehicle sales by 10 percent this year after robust December sales, as the indusry shows a gradual recovery, led by China and the United States. Hyundai, the world's No.
Full story...
Ally Financial Inc., the former General Motors lending unit, moved closer to regaining its independence as the U.S. government converted $5.5 billion of preferred stock into common shares. The Treasury Department is looking to recover its $17.
Full story...
Volkswagen AG extended CEO Martin Winterkorn's contract by five years as he aims to complete a merger with Porsche SE and surpass Toyota Motor Corp. as the world's biggest carmaker.
Full story...
Aston Martin is in talks with Daimler over a partnership to build a new Maybach sedan that could debut at the 2011 Frankfurt auto show, press reports said.
Full story...
Porsche SE rose the most in more than 16 months in Frankfurt after a U.S. judge dismissed two lawsuits claiming the sports-car maker misled short-sellers in its acquisition of Volkswagen AG shares in 2008.
Full story...
VW extended CEO Martin Winterkorn's contract by five years, giving the executive time to complete a merger with Porsche and surpass Toyota as the world's biggest carmaker.
Full story...
VW is in talks to invest in Algeria, an Algerian minister said on Sunday. "Volkswagen is very insistent to come.
Full story...
Johnson Controls Inc., moving to enhance its seating business, particularly in Europe, said Dec. 30 it signed an agreement to acquire German seating expert Keiper and its specialty seat business Recaro. Financial terms were not released.
Full story...
Turkish automotive sales rose to a record high of 750,000 this year up from 557,126 last year as the economy recovered from the global financial crisis and interest rates declined, the country's Vatan newspaper reported Dec. 31.
Full story...
Every year since 1953, reporters and editors at Automotive News have chosen the year's top auto story. Here are their picks.
Full story...
Toyota is rolling out a service-reminder program for customers that will be overseen by the automaker but controlled by individual dealers. The program's software keeps track of service on every Toyota vehicle at any Toyota dealership.
Full story...
On a typical morning at Rick DeSilva's former Subaru dealership in northern New Jersey, cars would back up along the busy arterial road in front of his store while waiting to turn into the tiny lot.
Full story...
UAW President Bob King wants union representation on the boards of the Detroit 3, and sees the German auto industry as a model for a closer partnership with the domestic automakers. "We have asked for them in the past.
Full story...
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
The latest auto news, reviews, prices, product and vehicle releases. 