Germany has refused to guarantee a EUR1.3bn loan for General Motors European unit Opel.
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Germany rejected GM's request for 1.1 billion euros ($1.3 billion) in aid for its money-losing Opel/Vauxhall unit. Germany's refusal throws into question how GM will fund the 3.
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Germany rejected General Motors Co.'s request for 1.1 billion euros ($1.3 billion) in aid for the loss-making Opel unit, forcing GM to seek other alternatives for the division's reorganization.
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Chinese carmaker Build Your Dreams (BYD) plans to locate its European headquarters in Frankfurt, Germany, following the example of Chinese rival Brilliance.
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Nissan Motor has unveiled its latest model for the domestic market, a compact sports crossover called Juke, on sale today (9 June).
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Italy has been granted permission by the European Commission (EC) to award EUR16m (US$19.2m) to Fiat Powertrain Technologies (FPT).
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The third strike in four weeks affected Honda Motor Chinese suppliers on Wednesday, and that has raised concern that unrest among workers in the 'workshop of the world' is spreading.
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Pre-orders for Nissan's Leaf electric vehicle have climbed to 19,000 in the United States and Japan, surpassing the planned global capacity for the car's first year.
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European automakers are poised finish the year in the black as global gains will offset losses here. That is the conclusion from a Goldman Sachs report, which forecasts that European automakers will swing to a combined net profit of 7.
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A grant to help Nissan build its electric Leaf car at its plant in north-east England is safe, new British prime minister David Cameron told parliament on Wednesday.
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It’s a bit late in the day, but Toyota has now decided it’s strong enough to compete on the five-year warranty front, although it’s petrified to go into the seven-year arena Kia occupies all by itself
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A third strike in four weeks hit Honda Motor Co's Chinese suppliers today, fueling concerns that unrest among workers in the world's manufacturing hub is spreading.
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A third strike in four weeks hit Honda Motor Co's Chinese suppliers Wednesday, fueling concerns that unrest among workers in the world's manufacturing hub is spreading.
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France's industry ministry has confirmed it has received three offers for troubled parts supplier Heuliez.
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Hyundai Motor Co. resumed production of key European models such as the i10 and i20 at its India plant, even as a section of workers continued with their strike for the third day, a spokesman for the local unit said on Wednesday.
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Renault will debut the European version its new flagship sedan, called the Latitude, at the Paris auto show in October.
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Millionth X5 rolls off production line in Spartanburg, USA.

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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