Renault's falling sales in India and Russia and tension with its partners underline the risks of auto sector tie-ups and suggest that an infusion of technology, rather than cash, is the solution.
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Deutsche Bank has sold its remaining stake in Daimler AG in a step toward unwinding a system of cross-shareholdings in Europe's largest economy that once gave the bank the power to fire the German carmaker's CEO.
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Li Shufu, the founder of China's Zhejiang Geely Holdings, has much in common with Henry Ford, from a childhood on the farm to a scrappy determination to build an automaking behemoth from nothing.
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Ford of Europe's boss fears the company's business in Russia will be hurt if rival General Motors Co. decides to sell a majority stake in its Opel brand to Magna International Inc. and its partner, state-controlled Russian lender Sberbank.
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Ford of Europe's boss fears the company's business in Russia will be hurt if rival General Motors Co. decides to sell a majority stake in its Opel brand to Magna International Inc. and its partner, state-controlled Russian lender Sberbank.
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Finnish electricity consumption may rise by some 28 percent from current levels by 2030, powered in part by growth in electric car use, but the growth will be slower than in recent years, a report showed late last month.
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Magna favors Herbert Demel, one its top executives and former CEO of Fiat and Audi, to head Opel, Germany's WirtschaftsWoche said.
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BMW premiered its new Z4 premium roadster at the 2009 Detroit auto show in January. The Z4 is offered with a choice of three different engines.
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Ford Motor Co. is expected to post a narrower quarterly loss with support from the U.S. government "cash for clunkers" program, but the focus will be on the outlook for the U.S. economy and auto industry sales.
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Ford Motor Co. is expected to post a narrower quarterly loss with support from the U.S. government "cash for clunkers" program, but the focus will be on the outlook for the U.S. economy and auto industry sales.
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Sanyo Electric said it would supply nickel-metal hydride batteries to PSA/Peugeot-Citroen's hybrid cars, broadening the pool of customers for its green car batteries.
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Sanyo Electric Co. has agreed with PSA/Peugeot-Citroen SA to supply nickel-metal hydride batteries for the French carmaker's diesel-electric hybrid cars, the Nikkei business daily said on Sunday.
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Davide Valsecchi and rookie Christian Vietoris won first rounds of the 2009-2010 GP2 Asia championship, this week-end in Abu Dhabi.
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2009 champion Andy Soucek took victory in last rounds of the championship, this week-end in Barcelona. Canadian Robert Wickens takes second position in final classification.
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Jamie McMurray snapped an 86 race winless drought, but, his victory was overshadowed by Talladega Speedway's usual chaos. This time the famous, "big one," a crash involving multiple cars bunched up due to the nature of restrictor plate racing on the 2.66 mile high banked oval, was also overshadowed by Ryan Newman's frightening crash with five laps to go.
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Latest updates on Adrian Sutil, Romain Grosjean, Jacques Villeneuve, the British Grand Prix, Mercedes-Benz and Sauber (Sunday, Abu Dhabi Grand Prix)
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Sebastian Vettel was the first winner of the Abu Dhabi Grand Prix and the last of this 2009 season. It was a fourth victory for the young German driver who takes the second place in the championship.
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Even vast amounts of money can't buy the things missing from the imposing new Yas Marina Circuit, Lewis Hamilton remarked before starting his last race as reigning world champion from pole position."It's called character, the history of the place" said the Briton.
However, it emerges that moves are afoot to add those missing elements to the Yas extravaganza, and money is again the recipe.
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LOS ANGELES - Internationally recognized actor Colin Firth will receive the prestigious British Academy of Film & Television Arts/Los Angeles Humanitarian Award Presented by Volvo on Nov. 5 at the annual BAFTA/LA Britannia Awards gala.
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RICHMOND, BRITISH COLUMBIA - Toyo Tire Canada, Inc. has formed a new distribution partnership with Hyundai Auto Canada Corp. and effective immediately, this agreement enables all 182 Canadian Hyundai dealers access to Toyo Tires'® full line of passenger and light truck tires. Hyundai dealers can source tires through a Toyo dealer in their region as a part of the national accounts program.
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