Bitterness, anger and disbelief mixed with betrayal and even resignation are just some of the emotions boiling within Germany following Tuesday's news that General Motors Co. will scrap its sale of Opel.
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Tell most analysts that Chrysler Group's sales are going to rise to about 3 million in 2014 from roughly 1.5 million this year and here is the reaction you will get: No chance. Chrysler CEO Sergio Marchionne is used to turning doubters in believers.
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Tata Motors Ltd., India's largest vehicles maker, may allow local car assemblers to put together its Nano and sell it under their own brand, the Business Standard reported on Monday.
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Bitterness, anger and disbelief mixed with betrayal and even resignation are just some of the emotions boiling within Germany following Tuesday's news that General Motors Co. will scrap its sale of Opel.
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The global meltdown and resulting implosion in vehicle sales over the past year have pressured everyone in the automotive sector, creating opportunities for some players while leaving others subject to bankruptcy, consolidation or concessions.
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Tell most analysts that Chrysler Group's sales are going to rise to about 3 million in 2014 from roughly 1.5 million this year and here is the reaction you will get: No chance. Chrysler CEO Sergio Marchionne is used to turning doubters in believers.
Full story...
General Motors Europe said it plans to secure the bulk of financing to secure Opel's future from European loan guarantees after GM decided not to sell the European unit to Canada's Magna International Inc.
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Bitterness, anger and disbelief mixed with betrayal and even resignation are just some of the emotions boiling within Germany following Tuesday's shocking news that General Motors Co. will scrap its sale of Opel.
Full story...
The German government regrets a decision by the board of General Motors Co. to retain Opel, a government spokesman said. Germany expected GM to repay 1.5 billion euros in bridge financing provided by German state banks.
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The British government said on Tuesday it would be willing to provide funding to secure the future of Opel sister brand Vauxhall's car plants in Britain after General Motors Co.
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Tell most analysts that Chrysler Group's sales are going to rise to about 3 million in 2014 from roughly 1.5 million this year and here is the reaction you will get: No chance. Chrysler CEO Sergio Marchionne is used to turning doubters in believers.
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For the first time in the history of the year ending NASCAR Sprint Cup Awards Banquet fans are being given an opportunity to attend the December 4th event, which will take place in Las Vegas.
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Canada is readying to roll some Canuk hospitality out into the worldwide supercar scene. Though Canadians are known the globe over for our passion for hockey and pleasant demeanor, HTT is about to give the international community a whole new reason to respect the maple leaf.
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The SEMA show is always packed with a plethora of aftermarket and performance goodies that water the mouths of car enthusiasts from all corners of the globe. Though Korea and Japan have some of the hottest models on display this year, fans of modern American muscle are well represented too, thanks in part to the Hurst Camaro.
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Anyone thinking the Hyundai Genesis coupe isn't sleek or powerful enough will have reason to give the model a second look at the 2009 SEMA show.
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Overall, October was a break-even month. Light vehicle sales were down only 1% over the same period last year, 121,500 from 122,711 units. The fall season typically signifies a slowdown on car sales for everyone and 2009 will be no different... except for some manufacturers.
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I just sat through the first half of Chrysler's webcast on their 2010-2014 plan. The following is summary of most of the interesting points that were discussed buy a few of Chrysler's bigwigs.
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Malton, Ontario -- Even if they need the room, North Americans tend not to opt for minivans and station wagons. At the same time, this group seems instinctively drawn to all-wheel drive. Not too long ago these customers gravitated to SUVs. Now they're driving crossovers.
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The SEMA show is always packed with a plethora of aftermarket and performance goodies that water the mouths of car enthusiasts from all corners of the globe. Though Korea and Japan have some of the hottest models on display this year, fans of modern American muscle are well represented too, thanks in part to the Hurst Camaro.
Full story...
The Porsche Panamera has been awarded the Golden Steering Wheel as the Best New Car of the Year in the Luxury Performance Class. With its combination of supreme comfort and outstanding sportiness, and through its unique design, Porsche's Gran Turismo convinced the 50-man jury made up of racing drivers, engineers, celebrities and the senior editors of the Auto Bild Magazine Group trying out the candidates on thorough test drives.
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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