Saab will decide within the next few months whether to build an entry-premium car to compete with similarly sized cars from Audi and BMW.
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Saab will decide within the next few months whether to build an entry-premium car to compete with similarly sized cars from Audi and BMW.
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PSA/Peugeot-Citroen, Europe's second-largest carmaker after Volkswagen, said it aims to achieve stable sales in the region this year as new models help the manufacturer increase its presence in a declining market.
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The U.S. Securities and Exchange Commission is moving to bar the Obama administration's former auto industry bailout czar Steven Rattner from working in the securities industry for up to three years, the New York Times reported today.
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Visteon Corporation has rejected the unsolicited US$1.25bn bid by Johnson Controls for its interiors and electronics businesses and said it would continue with its reorganisation plan "to emerge from bankruptcy as a strong, independent, stand-alone company".
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Tata Motors today (2 June) inaugurated its new Sanand plant in the western Indian state of Gujarat to produce the value Nano model
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Tata opened a plant for the $2,500 Nano model that will boost output amid rising demand for automobiles in India. The factory will have initial capacity to build 250,000 Nanos a year, Tata Motors said.
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PSA/Peugeot-Citroen said on Wednesday that talks on the possible early payback of part of its loan from the French state were going well. France awarded loans of 3 billion euros ($3.
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Labour relations in China are under scrutiny right now. There's been that sad spate of suicides at consumer electronics maker Foxconn, which churns out household-name branded products and just gave workers a 30% pay rise, and there's been Honda.
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Saab has flatly rejected rumours that CEO Jan Ake Jonsson is to join Volvo, describing the speculation as "flattering."
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Honda Motor has said a key car parts factory in south China resumed full production on Wednesday, ending more than two weeks of disruption after workers downed tools to demand higher wages in a high-profile and sometimes violent strike, but the resumption did not mark a clean end to the prolonged labour dispute, with part of the workforce agreeing to return only until Friday, when they expect the company to respond to a list of as yet unmet demands.
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Honda Motor Co. reopened a parts plant in China as most workers ended a walkout that shut down all of the company's production in the country.
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American artist Jeff Koons shows Le Mans contender at Paris Pompidou Centre.

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General Motors said it remained confident it would secure up to EUR1.5bn (US$1.8bn) in German loan guarantees for its Opel restructuring despite widespread reports the government was becoming more reluctant to grant the request.
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Jaguar F-Type on its way, VW Polo GTI vs Ibiza Cupra, XJ hybrid driven, new Land Rovers exposed, best used MINI deals

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Life begins for Land Rover’s luxury model as marque celebrates 40th birthday this month.

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India's top utility vehicle maker Mahindra & Mahindra has confirmed that it has submitted a letter of intent to bid for troubled Korean SUV maker Ssangyong Motor, while the Renault-Nissan alliance will also bid through its South Korean affiliate Samsung.
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General Motors is to invest an additional US$384.62m to modernise and boost production at its Caetano do Sul plant in Sao Paulo state, Brazil.
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General Motors is to invest an additional US$384.62m to modernise and boost production at its Caetano do Sul plant in Sao Paulo state, Brazil.
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Looking to wrap your ride in a new identity? Ford is offering custom vinyl graphics for two of its spotlight vehicles--the Mustang and the F-150.
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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