GM plans to raise as much as $12 billion in its initial public stock offering after increasing the asking price by 14 percent, according to a statement today. GM, 61 percent owned by the U.S.
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Valeo does not rule out increasing its mid-term targets, its CEO Jacques Aschenbroich told the Reuters Global Autos Summit.
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Land Rover has today (16 November) announced a pricing initiative for UK customers to avoid the VAT increase in January 2011.
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In this interview, Matthew Beecham talked with Gabriele Maione, R&D manager, engine cooling systems and components, Denso Thermal Systems SpA.
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Nissan sees China leading a 2011 boom for the global auto industry, but competition will be tougher than ever while Japanese makers will suffer the most due to a strong yen, a top executive said.
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New vehicle sales in Indonesia increased by 32.4% to 69,127 units in October, from 52,226 units a year earlier, according to data released by the country's largest distributor -PT Astra International.
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Ford, Nissan and Turkey's Karsan Otomotiv have been selected as finalists in the first competition to be the exclusive supplier of New York City's taxis.
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Spectacular 2+2 Mercedes Biome sci-fi concept features body made from BioFibre.
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Ferrari is expected to be listed within the next 12-18 months according to analysts who met with Fiat CEO Sergio Marchionne.
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Fiat, Volkswagen, Ford, Opel/Vauxhall, Renault and PSA all saw steep declines in their European new-car sales in October as the region's auto market fell by 16.1 percent.
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Renault and Nissan's family of electric cars will be price competitive with conventional cars at sales levels between 500,000 and 1m vehicles a year, CEO Carlos Ghosn told reporters in Washington.
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Skoda Auto has launched its Yeti model in India and has confirmed advanced orders of 1,000 vehicles.
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Aston ups the luxury of its flagship four-door with new high-spec options as standard.
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As the market for electric vehicles (EVs) picks up, the infrastructure for recharging them will inevitably have to keep pace - so, according to US-based consultants in global clean technology markets Pike Research, there will be around 4.7m EV charging units operating worldwide by 2015.
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New car registrations in the EU excluding Cyprus and Malta, decreased to 1,027,036 units in October, marking a 16.6% contraction compared to October 2009.
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Toyota Motor Corp sees U.S. new light vehicle sales rising as much as 13 percent next year, buoyed by several factors including a slight rise in sales of pickup trucks.
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Toyota Motor Corp sees U.S. new light vehicle sales rising as much as 13 percent next year, buoyed by several factors including a slight rise in sales of pickup trucks.
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Ford expects the 2012 Focus compact to earn 40 mpg, giving the automaker four vehicles that produce 40 mpg or more in 2011.
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Three months after becoming the new owner of Volvo, Geely President Li Shufu said he disagrees with Volvo's management about its product plans.
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Chrysler Group is dividing its minivan pricing down the middle with the demarcation line at $30,000.
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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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