General Motors Co. has decided to keep Opel, undoing months of painstaking negotiations to sell the European unit to a Russian-backed group led by Canada's Magna International Inc.
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General Motors' board of directors has decided it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International.
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Here are some analysts' reactions to General Motors Co.'s decision to keep Opel, undoing months of negotiations to sell the European unit to a Russian-backed group led by Canada's Magna International.
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Automotive News will provide you with minute-by-minute reports Wednesday from a team of reporters and editors at Chrysler Group headquarters as CEO Sergio Marchionne unveils his 5-year plan for the U.S. automaker.
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Automotive News will provide you with minute-by-minute reports Wednesday from a team of reporters and editors at Chrysler Group headquarters as CEO Sergio Marchionne unveils his 5-year plan for the U.S. automaker.
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Is hot-rodding going green? General Motors thinks so, and it's launching a new line of crate motors, called E-Rod, that pass California's stringent smog tests. GM debuted the engines on Tuesday at SEMA in a 1955 Chevrolet customized for the show.
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In today's News Brake: We corral new pony cars from Ford and Chevy as the SEMA show opens; and get behind the wheel of the new Honda Accord Crosstour and Mercedes-Benz SLS AMG ... But Wait, There's More!
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Driveline supplier Dana Holding Corp. narrowed its third-quarter net loss to $38 million from a loss of $256 million in the year-earlier period. The Maumee, Ohio, supplierand#8217;s sales fell 31 percent in the quarter to $1.33 billion.
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Mustang maniac Jack Roush had done almost everything you can do with a car. He has raced and won, built and sold, crashed and repaired. So what's the next step? Jack Roush is going green.
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It is here and it is still huge, that's the word from the SEMA show floor in Las Vegas one hour after opening.
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Fisker Automotive, a California-based start-up car company, expects to complete a deal with the UAW before year-end for the union to represent workers at an old General Motors plant Fisker is acquiring.
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Fisker Automotive Inc., the builder of luxury plug-in hybrids, has picked a large distributor to sell its vehicles in Europe and is looking to sign a similar deal in China, its CEO told Reuters today.
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We happened upon this on the way out of SEMA's Center Hall--the world's fastest Volvo, according to Jim Haughey of K-PAX Racing.
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The Chevrolet Camaro is back, and so is General Motors legend Jon Moss, who unveiled a series of limited-run sports cars based on the 2010 car--with available Corvette ZR1 power--on Tuesday at the SEMA show in Las Vegas.
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The Chevrolet Camaro is back and so is General Motors legend Jon Moss, who unveiled a series of limited-run sports cars based on the 2010 car--with available Corvette ZR1 power--Tuesday at the SEMA show in Las Vegas.
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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