Toronto-Dominion Bank agreed to buy Chrysler Financial Corp. from Cerberus Capital Management LP for $6.3 billion in cash, adding an auto-finance company in its second-largest acquisition. The purchase includes $5.
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In five years at the Renault subsidiary in Brazil, sales vice-president Christian Pouillaude achieved a remarkable feat: threefold sales increase from less than 50,000 units yearly to 150,000 in 2010.
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Tiny electric city car from THINK now available with 2+2 seating layout.
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Fiat has not revealed its product plan for the new plant at the Suape industrial and port complex in the Greater Recife region, close to the Pernambuco state capital, but a replacement for the long-running Uno Mille is most likely.
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Revised version of Chrysler's huge 300 saloon shown ahead of its debut at Detroit Motor Show.
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Volkswagen Group has signed an agreement with DRB Hicom for Passat models to be assembled in Malaysia from the end of 2011 with more models to be added from about a year later.
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Land Rover equips Discovery with enough armour to withstand 15kg TNT bomb blast.
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Hyundai has completed development of a new hydrogen fuel cell vehicle based on the Tucson SUV which it will put through extensive testing next year.
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An Italian union is claiming a meeting today (21 December) between Fiat CEO Sergio Marchionne and senior management could shed further light as to any contract details for the Mirafiori plant.
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After a nosedive in sales of the Nano 'people's' car, and with unsold models piling up, Tata Motors now faces a daunting challenge.
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Ford expects to sell a record 305,000 vehicles in China this year, up 32% from 2009.
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Volkswagen will launch local production in Malaysia as part of its plan to pass Toyota as the top global automaker in sales and profitability.
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Volkswagen will launch local production in Malaysia as part of its plan to pass Toyota as the top global automaker in sales and profitability.
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A Honda partner in Japan has launched its first own brand model at the Guangzhou motor show.
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Fiat is in a crucial week of talks with unions over plans to build Jeep and Alfa Romeo models at its Mirafiori plant in Turin in a joint venture with Chrysler. The plan is vital for Mirafiori but talks between Fiat and unions have stalled.
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Toyota agreed on Monday to pay two more safety fines for a total of $32.4 million, the maximum allowable under U.S. law, to settle federal investigations over whether the company notified regulators of safety defects in a timely fashion.
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SAIC Motor Corp. is on schedule to manufacture and sell its MG 6 sedan in the UK in the first quarter of next year, its president Chen Hong said, as it aims to revive the British marque.
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Fiat is in a crucial week of talks with unions over plans to build Jeep and Alfa Romeo models at its Mirafiori plant in Turin in a joint venture with Chrysler. The plan is vital for Mirafiori but talks between Fiat and unions have stalled.
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F1 cars will feature 1980-style 'tea tray' front wings in 2013, the BBC reported on Tuesday.
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The Rubber Association of Canada released the findings of their study on winter tire usage across Canada recently. What it shows is that winter tires are becoming more common-place, however certain provinces are still lagging behind.
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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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