Daimler AG was charged with violating U.S. bribery laws related to deals in at least 22 countries over almost a decade, according to a document filed in a U.S. court today. The U.S.
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Ford chief executive Alan Mulally’s pay package rose almost 6% to US$17.9m in 2009 as the automaker returned to profitability and won union concessions. Full story…
Ford chief executive Alan Mulally's pay package rose almost 6% to US$17.9m in 2009 as the automaker returned to profitability and won union concessions.
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General Motors subsidiary Opel has given unions at the threatened plant in Antwerp until mid-April to agree to finalise a social plan for all 2,600 workers at the Belgian factory.
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Honda Motor will not cooperate with rival automakers as it seeks to boost its presence in Asia, a top executive said.
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Toyota Motor has lifted its global production plans by 1% to 7.57m vehicles for 2010, anticipating better demand in Japan and other Asian markets, a source at a group company has said.
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Toyota has named its new European chief quality officer following the decision to create the post in each of its key geographical regions.
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Nissan Motor is considering buying V8 petrol engines and large-displacement diesels from Daimler, sources familiar with the matter told Japanese media on Tuesday.
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Mercedes' tuning arm is set to go it alone again with compact V6 saloon previewed by F800 Concept
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Nissan Motor sales in China last year rose 48% to a record 518,968 passenger vehicles, and aims to sell 600,000 passenger vehicles next year, up 16%. Nissan's Chinese joint venture has said it expects its total sales in China, including commercial vehicles, to reach 1m units in 2010, hitting the milestone ahead of the earlier planned 2012.
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BorgWarner expects compound annual sales growth of 45% in China until at least 2014 as it expands there, its chief executive has said.
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General Motors do Brasil has said it would spend BRA$1.4bn (US$778m) on two plants in São Caetano do Sul and Mogi das Cruzes, both in the state of São Paulo.
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Zhejiang Geely Holding Group on Tuesday said talks to buy Ford's Volvo car unit were on track and it expected to sign an agreement in about a week.
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Ford Russia and its labour union failed to reach an agreement during their recent negotiations, the union said in a statement published on the web site of the Interregional Auto Workers Union.
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Race-prepared version of AMG's supercar breaks cover with 600bhp 6.3-litre V8
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Seating specialist Lear Corporation has filed a registration statement with the Securities and Exchange Commission (SEC) to start a senior notes offering of US$700m.
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Game-changing 2015 fuel economy rules are forcing vehicle development teams to make high-stakes bets on expensive technologies--bets that will separate the winners from the also-rans.
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New vehicle sales in Malaysia rose by 8.7% to 40,654 units in February, from 37,386 a year earlier, according to data released by the Malaysian Automotive Association (MAA).
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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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