Both Renault and PSA Peugeot Citroen will today pay - early - one third of the EUR3bn government loans advanced to them in April 2009 to help them through the financial crisis.
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Gestamp-Severstal, a joint venture between Russian steelmaker Severstal and Spain's Gestamp, expects to receive approval of its stamping production from Volkswagen by October.
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Russian car sales rose 51% year on year in August as economic recovery and an extension of a scrappage scheme continued to support growth.
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Toyota Motor Industries Poland (TMIP) has started production of a new 1.4 litre diesel engine supplied to assembly plants in the UK, France, Turkey and South Africa.
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Automakers in China shipped 18.7% more passenger cars to dealers in August from a year ago, official data showed, lagging a nearly 60% annual jump in retail car sales, reflecting an apparent drawdown in dealers' showroom inventories.
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Renault and PSA/Peugeot-Citroen are repaying a third of the 6 billion euros ($7.6 billion) they received in French government loans to help them through the financial crisis.
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Smart has revealed more plans for a plug-in electric scooter that it will debut at the Paris auto show.
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Group 1 Automotive Inc. has extended CEO Earl Hesterberg's contract through Dec. 31, 2015, and raised his base salary 10 percent. Under a new employment agreement effective Sept.
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Carlos Ghosn, chief executive officer of Nissan and Renault, said he had 'no hesitation' in declining an offer last year from the U.S. government to lead General Motors.
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Group 1 Automotive extended president and CEO Earl Hesterberg's employment contract through Dec. 31, 2015, and raised the chief executive's base salary 10 percent. Under a new employment agreement effective Sept.
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Smart has revealed more plans for a plug-in electric scooter that it will debut at the Paris auto show.
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Ford has canceled plans to move production of its Kuga SUV from Germany to the United States as currency exchange rates no longer favor U.S. production.
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Carlos Ghosn, Renault-Nissan CEO, said he had 'no hesitation' in declining an offer last year from the U.S. government to lead General Motors.
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Russian automaker GAZ expects sales in 2010 to rise well above its earlier target of 25 percent volume growth as the country's auto market recovers from the downturn, its top executive said on Thursday.
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St. Sauveur, Quebec - Last May, Japanese automaker Suzuki launched its largest and most sophisticated sedan ever in Canada. It's called Kizashi, which roughly translates into "something great is coming". Still hot from the oven, this surprising four-door deserves to be recognized for its many qualities. After all, there isn't anything quite like it in the brand's low-profile product family.
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Former World Rally Champion Petter Solberg (Citroen C4) is the leader after the first day of Rally Japan.
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McLaren driver and former World Champion Lewis Hamilton has hit out at the FIA's plans to penalise formula one drivers for road traffic infractions.
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Auto123.com published its own version of the 2011 IndyCar provisional schedule yesterday. Looks like we were right as the official calendar unveiled today is exactly as we had anticipated.
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Rüsselsheim - Opel's Vice President of Design Mark Adams gave his team the briefing: "show me the most emotional side of Opel's new design language, 'sculptural artistry meets German precision'." What they created, the GTC Paris concept car, will be shown for the first time at the Mondial de l'Automobile 2010 (October 2 - 17).
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The new GP2 spec car, which will be run starting next season, has been unveiled on Friday in the paddock in Monza at the Italian Grand Prix
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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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