Pioneer on Thursday said it remained in the red, with a first half group net loss of JPY40.86bn although that was down from JPY44.07bn a year earlier.
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The Renault Nissan alliance has concluded a partnership with the provincial government of Guangdong as part of efforts to promote the use of electric vehicles in China.
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GM is confident that it can find the financing to keep and restructure its European Opel unit, CEO Fritz Henderson said. GM can find ways to provide financing to Opel from its U.S. operations even after a restructuring funded by U.S.
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GM is confident that it can find the financing to keep and restructure its European Opel unit, CEO Fritz Henderson said. GM can find ways to provide financing to Opel from its U.S. operations even after a restructuring funded by U.S.
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The auto supplier industry will see a wave of consolidations next year as federal bailouts for automakers and a recent uptick in sales provided only a temporary reprieve and simply postponed the inevitable, several executives said this week.
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General Motors veteran Betsy Lazar is Kellogg's new vice president of global media, both companies have confirmed. Lazar was previously executive director of media and advertising at GM.
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Renault has decided to produce its future zero-emission electric city car at its Flins plant in the Paris region. The Zoé ZE Concept, shown at the Frankfurt motor show, is a forerunner of this new vehicle.
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A letter of intent was signed today in Flins between the Renault-Nissan Alliance, the French Atomic
Energy Commission (CEA) and the French Strategic Investment Fund (FSI) to set-up a joint venture
company that would develop and manufacture batteries for electric vehicles, under the patronage of
Christian Estrosi, the French Minister for Industry.
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Porsche will introduce a lightweight addition to its Boxster range next month at the Los Angeles auto show. The new Boxster Spyder gets exclusive styling touches, a bump in power, improved handling and a weight reduction.
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Bridgestone has said it has revised downward its group net earnings projection for fiscal 2009 ending next month to a loss of 10 billion yen from an earlier forecast profit of 6 billion yen.
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Carroll Shelby is turbocharging the Mustang and supercharging the F-150.
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Carrol Shelby is turbocharging the Mustang and supercharging the F-150.
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The new Boxster Spyder is due next year, inspired by the legendary James Dean 550 Spyder.
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Jeff Leonard grew up less than 2 miles from Detroit's famed Woodward Avenue, so he knows about muscle cars. The Yenko products of the era were particular favorites.
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Lingenfelter Engineering took the wraps off its latest project car, a 750-hp Camaro SS, at the SEMA show.
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Like many enterprises, making a living sliding cars sideways around racetracks was not easy in 2009. But . . .
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A senior Toyota Motor Corp. executive denied allegations the automaker tried to sidestep engineering or design defects that led to its unprecedented safety recall of 3.8 million vehicles.
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Ultimate M3 arrives boasting 450bhp V8 and track-inspired suspension
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Bosch expects sales of light vehicles in the US to reach 11m units next year in 2010, about 1m more than this year but still well short of the 13.2m units sold in 2008 and the 16.1m in 2007.
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