A 1949 Ferrari 166MM Touring Barchetta will headline RM Auctions' Automobiles of Arizona event, Jan. 20-21 in Phoenix.
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Ford could reach its target of an investment grade credit rating more quickly than some outside observers might have thought, Executive Chairman Bill Ford said on Tuesday.
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Honda has a Civic concept for the Detroit auto show, GM promotes driver safety, and Ford crashes the 2012 Ford Focus.
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Ford Motor Co. reopened its retooled Michigan Assembly Plant to build the new Ford Focus small car, billing it today as the world's first factory to produce three versions of electrified cars.
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Ford is claiming a world first for its Focus-building Michigan assembly plant, once a large SUV haven that will, eventually, make petrol-powered cars alongside battery electric, hybrid and plug-in hybrid versions.
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Fiat's local press office has confirmed the automaker will build a second car factory in Brazil in the state of Pernambuco.
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BMW's Mini small car brand aims to sell about 300,000 units annually in the medium term, brand head Wolfgang Armbrecht told a German newspaper.
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Ford Motor Co. reopened its retooled Michigan Assembly Plant to build the new Ford Focus small car, billing it today as the world's first factory to produce three versions of electrified cars.
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General Motors is to offer early retirement packages worth US$60,000 each to about 2,000 skilled trades workers at 14 US plants.
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Following recent announcements it would invest almost US$1.2bn in its Kokomo, Indiana, facilities, Chrysler said it may spend another $85m on its Kokomo transmission plant (KTP) for a variety of powertrain improvements. With this announcement, the automaker's total investment in US facilities would climb to over $3bn since June 2009.
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Opel looks to be determined to wind down its Antwerp Astra-producing site with the loss of 1,250 jobs.
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Daihatsu Motor expects Japan's overall minicar market to fall 4.1% next year as last September's expiry of government subsidies for fuel economy cars reduces demand, the company's executive vice president was quoted as saying.
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Nissan Motor and Mitsubishi Motors have agreed to expand their current scope of cooperation towards new projects that will further strengthen mutual competitiveness, especially in the Japanese mini car and global commercial vehicle businesses, the two automakers said in a statement.
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Mexican auto production was reported to have risen 17.5% year on year in November with exports up 24.7%.
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The Russian government has preliminarily approved a proposal from the Samara Region government to allot RUB2bn towards the modernisation of two AvtoVAX subsidiaries in January-July 2011, Oleg Fursov, head of the region's employment department, told local media.
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Audi aims to sell 1m cars annually in China within three years, according to the Volkswagen unit's chief financial officer Axel Strotbek.
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Details of nine hybrid and electric vehicles that will qualify for a UK government grant of up to GBP5,000 (US$8,000) were announced today (14 December) by the Department for Transport.
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TOKYO (Bloomberg) -- Fuji Heavy Industries Ltd., the maker of Subaru-brand cars, is likely to begin production of cars in China in the year starting April 1, 2012 to meet demand in the world's fastest growing major economy.
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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