General Motors has called a press conference this afternoon (13:00EST; 18:00GMT) at its Lordstown complex in Ohio to make a "production announcement."
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Development of the McLaren MP4-12C is entering its final phase ready for launch in 2011. The latest Experimental Prototype (XP) 12Cs are undergoing intensive appraisal at a number of test locations around the world.
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The sale of Saab by General Motors to Spyker Cars could be completed this week, Bloomberg News reported, citing two executives involved with the deal.
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New vehicle sales in Malaysia increased by 32.8% to 50,622 units in January, compared with depressed year-earlier volumes of 38,107 units, according to data released by the Malaysian Automotive Association (MAA).
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Mazda Motor plans to increase production capacity in China to meet growing demand in what has become the world's biggest car market.
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General Motors has named Stephen Girsky vice chairman, corporate strategy and business development. Girsky, 47, will remain on the GM board to which he was appointed last July.
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The 'Proton Concept' car, to be unveiled at the Geneva Motor Show next week, will showcase an advanced series hybrid drivetrain, designed and developed by Lotus Engineering.
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China's BYD aims to boost its car exports this year to feed improving demand in a recovering global economy. BYD aims to sell its clean-technology cars in Western Europe next year, following plans to export electric cars to the U.S. later this year.
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BMW Group has confirmed that it is developing BMW Plant Leipzig to produce an electric vehicle while also making additional investments in a number of facilities in Bavaria.
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Continental held out the prospect of a return to an underlying profit this year, as it battles the effects of the global auto downturn and its own multi-billion euros debt load.
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Electricity prices and labor costs in euro zone member Slovenia are too high, the local unit of French car maker Renault SA said. "A comparison of electricity costs among factories in the Renault group shows that we are among the most expensive ...
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China's biggest automaker, SAIC Motor Corp. today said it had won approval from the Chinese stock regulator to acquire a 1 percent stake in its Shanghai 50-50 car venture with General Motors Co.
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China's Tengzhong could use an offshore investment vehicle to buy GM's Hummer brand if it fails to win Chinese regulatory approval for the ambitious but controversial plan that has met with cooling government appetite.
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Turkish automaker Tofas beat forecasts with a 105 percent rise in 2009 net profit to 360 million lira ($239 million) on sales up 6 percent to 5.10 billion ($3.34 billion.) Tofas had been forecast to make a 293 million lira ($192.2 million) profit.
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China's biggest automaker, SAIC Motor Corp. today said it had won approval from the Chinese stock regulator to acquire a 1 percent stake in its Shanghai 50-50 car venture with General Motors Co.
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Drew Blickensderfer, formerly Matt Kenseth's crew chief until last week, will be back be on the pit box, but in the Nationwide Series starting this weekend at Las Vegas.
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"Usually reliable sources" have just told us that ten-time Canadian road racing and trials champion Jordan Szoke will take part in the 2010 championship.
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N.Technology is taking on a new technical challenge for 2010 with the design and development of the racing version of Porsche´s latest car: the Panamera S.
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The yearly event held by the American Cavallino Magazine starts off with private test and racing days at the Palm Beach International Raceway (formerly Moroso Raceway), and ends on Saturday with the prestigious Cavallino Classic Concorso d'Eleganza.
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Conquest Racing has signed young Brazilian driver Mario Romancini as a full-time entrant for the IZOD IndyCar Series in 2010.
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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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