In today's News Brake: Lotus leaks plans for the Paris motor show, Ford offers gift cards for late Fiesta deliveries, and a reimagined Lancia Stratos rally car . . . But Wait, There's More!
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U.S. activist hedge fund Pardus Capital Management has quit the board of French car parts maker Valeo after investor withdrawals cut its stake to below an agreed minimum of 8 percent, the fund said today.
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Lotus is expected to present several new cars at the Paris motor show next month, including the Evora S and the Evora Auto. An e-mail leaked to the media confirms those two variants will be on the stand, alongside two cars yet to be announced.
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Lotus is expected to present several new cars at the Paris motor show next month, including the Evora S and the Evora Auto. An e-mail leaked to the media confirms those two variants will be on the stand, alongside two cars yet to be announced.
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Ford Motor Co. said today that the 2011 Edge crossover will start at $27,995 including shipping. That's about $200 less than the 2010 model, although Ford added more power to the 2011 base engine, Ford executives said at an event here. The new 3.
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A judge ordered Visteon Corp. to reinstate health benefits to thousands of retirees who lost insurance coverage after the auto-parts maker filed for bankruptcy. U.S. Bankruptcy Judge Christopher S.
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Indian sources maintain Motherson Sumi Systems' first quarter fiscal year results have come in below estimates.
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Magna International on Tuesday said the Ontario Superior Court had approved its previously announced plan of arrangement to eliminate the dual class share structure and end founder Frank Stronach's control.
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Magna International on Tuesday said the Ontario Superior Court had approved its previously announced plan of arrangement to eliminate the dual class share structure.
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Kia Motors America and its supply base are reviewing their manufacturing processes to track down what caused one driver to lose all steering ability in a two-month-old 2010 Kia Soul.
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German automation group Kuka Systems said on Tuesday it had received an order from Ford to build a car body production line at the automaker's plant in Rayong, Thailand.
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Parts manufacturer Motherson Sumi Systems is to outlay around INR5bn (US$107m) this year and in 2011 to set up sites in India and Hungary to cope with extra business reports indicate.
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Porsche bring out new in-house tuning and styling upgrades for all versions it's four-seat grand tourer.
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Lotus is planning an impressive display for the Paris motor show this fall and is expected to present several new cars, including the Evora S and the Evora Auto.
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If German car collector and Lancia Stratos fan Michael Stoschek gets his way, there will be a new interpretation of the legendary Stratos rally car sooner rather than later.
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A Canadian judge today approved a plan by Magna International Inc. to pay founder Frank Stronach close to $1 billion in exchange for giving up control of the auto parts giant he started from scratch as a young Austrian immigrant to Canada.
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Net profit booked by Zavolzhsky Motor Plant (ZMZ), a unit of carmaker and Kia/Ssangyong importer/assembler Sollers, rose about 60% year on year to RUB177.711m ($US3.8m) in the first half of 2010, the company said in a report.
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MOTORSPORTS EDITOR MAC MORRISON: Only a quick stint for me in this car, but I'm impressed, especially with the chassis and suspension and steering.
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In this AW Video Drivers Blog, road test editor Natalie Neff and art director Ken Ross examine the 2011 Infiniti QX56.
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General Motors Co. said today it plans to recall more than 243,000 model year 2009/2010 crossover sport utilities, mainly in the United States, to inspect safety belts for possible damage.
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