Russia's Sberbank is reportedly considering suing GM for abruptly cancelling its plans to sell Opel to a Magna-led consortium of which it was part.
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GM's chairman has warned that pay restrictions for executives set by the US government could impair attempts to hire externally.
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Renault and Bajaj Auto are planning to roll out an ultra low-cost car in 2012 that Renault is aiming to market in India with a lower retail price than Tata's Nano.
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China's Geely Holding Group, Ford's preferred buyer for its Volvo unit, wants to double Volvo sales to around 1m units a year as part of its turnaround plan for the loss-making division.
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Car sales in India rose an annual 34% in October, the fastest rise since February 2007, according to figures released by the Society of Indian Automobile Manufacturers (SIAM).
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The Russian government will allow the Renault to increase its stake in troubled AvtoVAZ as part of a rescue plan for the heavily-indebted maker of Ladas.
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Seven staff at bankrupt Ssangyong Motors research institute will face trial accused of industrial espionage.
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Russia's government would consider allowing Renault to increase its 25 percent stake in Russian automaker AvtoVAZ, Deputy Prime Minister Igor Shuvalov said.
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Russia's government would consider allowing Renault to increase its 25 percent stake in Russian car maker AvtoVAZ, Deputy Prime Minister Igor Shuvalov said.
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The Big Cat takes aim at Porsche with resurrected high performance roadster
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GM CEO Fritz Henderson has described Opel as fundamentally a regional brand, dampening hopes that the brand could play a larger and more global role in GM's future strategy.
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GM's board revisited its decision to sell Opel after the EU questioned whether Germany had favored Magna in a bidding contest for the carmaker's European operations, board chairman Ed Whitacre said.
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GM's board revisited its decision to sell Opel after the EU questioned whether Germany had favored Magna in a bidding contest for the carmaker's European operations, board chairman Ed Whitacre said.
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Buick will show its new sports sedan, the 2011 Regal, to potential sports-sedan customers in Los Angeles on Thursday.
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Renault is planning to revive the Gordini name, a heritage sports label, for Gordini variants of its sporty small cars.
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Renault is reviving the Gordini name for high-performance versions of its Twingo and Clio small cars. The name pays homage to Amedee Gordini, a mechanical genius known as "the sorcerer" for success on Europe's great racetracks.
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Renault is reviving the Gordini name for high-performance versions of its Twingo and Clio small cars. The name pays homage to Amedee Gordini, a mechanical genius known as "the sorcerer" for success on Europe's great racetracks.
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Battery maker A123 Systems Inc. posted revenue that beat Wall Street estimates along with a big loss on Tuesday, in its first quarterly results since its closely watched share debut in September.
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General Motors Co. Chairman Ed Whitacre on Tuesday urged the Obama administration to give the automaker less restrictive pay caps and said it was too early to discuss timing to become a public company again.
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GM crushed hopes that Opel would play a greater role within its empire. CEO Fritz Henderson also offered vague assurances that Detroit would give its European carmaker more freedom.
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