The head of the American unit of German autos parts supplier Robert Bosch GmbH said he expects U.S. light vehicle sales to improve to 11 million units in 2010, indicative of a steady but slow recovery from a bottom reached earlier this year.
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A former General Motors Co. executive pleaded guilty Thursday to a kickback scheme involving bulk aluminum sales that cost the automaker some $83 million.
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As General Motors Co. expands its offering of rechargeable vehicles beyond the Volt it will not look to brand them in a way that identifies them with the highly anticipated plug-in launching next year, a senior executive said on Thursday.
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General Motors Co. said it is readying a plan to restructure Opel and could pay off debt due this month. German Chancellor Angela Merkel raised concern over GM's decision to keep Opel with U.S. President Barack Obama.
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The U.S. Treasury intends to provide more taxpayer capital to finance company GMAC, but needs to deliberate further on the deal's structure, a senior U.S. Treasury official said on Thursday.
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Renault SA has no plans to change it stake in AvtoVAZ even though Russia wants it to play a bigger role to help rescue the country's largest automaker. "We have no plan to raise our reduce our stake," Renault CEO Carlos Ghosn said.
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Magna International Inc. is not looking at taking over any other automakers following the collapse of its deal to buy a stake in General Motors Co.'s European operations, the auto parts supplier's co-CEO, Don Walker, said.
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General Motors Co. said it is readying a plan to restructure Opel and could pay off debt due this month. German Chancellor Angela Merkel raised concern over GM's decision to keep Opel with U.S. President Barack Obama.
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Although it may sound sexist, the fact remains that no SEMA show is complete without the presence of hundreds of lovely ladies. They represent an essential ingredient in the show's glitz and glamour and to be honest, they are a nice alternative to the usual overweight hairy car-guy...
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You could almost say that paranoia was the theme of the Mobile Electronics & Technology exhibit at SEMA 2009. Historically, this section has always featured dozens of manufacturers and distributors from all over the world (well, mostly Asia) with the goal of showcasing the latest innovations from the world of electronics. This year, some of the hottest products include forward-facing cameras mounted inside vehicles.
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Winning $10 million is pretty sweet, especially when you can use the money to develop a car that may end up solving the world's sustainable energy problems. That's what the Progressive Automotive Xprize contest is all about: rewarding a team that has found the best compromise for a modern, efficient and environmentally-friendly automobile.
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Aerolab has hit back at claims it and the new Lotus team may be breaching Force India's intellectual property.
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Australian driver Daniel Ricciardo, winner of the british Formula 3 championship, could make his debuts in Formula one in 2011.
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Day 3 was our last day at SEMA 2009 -- and definitely not the most exciting day of the event. Of course, there are still thousands of exhibitors looking to strike a deal with the legions of potential buyers on hand. However, product launches are becoming excessively specialized, with the most interesting being some new suspension components.
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DETROIT - HUMMER announced today updates to the 2010 HUMMER H3 and H3T midsize all-terrain vehicles including the addition of three new exterior colors and an available E85 Flex Fuel capable 5.3L V8 engine as part of its commitment to offer a biofuel powertrain in all body styles by 2010. Both H3-based vehicles will begin arriving in dealerships before the end of 2009 in North America.
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Sir Frank Williams says he is not worried that Jean Todt will revert to his "hard" ways in his new role as FIA president.
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The Phillips-Van Heusen Corporation, owner of the IZOD brand, announced a multi-year agreement to become title sponsor of the Indy Racing League-sanctioned IndyCar Series.
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Ross Brawn has expressed surprise at the news that USF1, one of three start-up new teams for the 2010 season, has not yet commenced internal crash-testing of car components.
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Kamui Kobayashi is not yet booking his flight back to his father's sushi restaurant.
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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