The Obama administration plans to order that the top earners at firms that received government bailouts -- including General Motors, GMAC, Chrysler, and Chrysler Financial -- will see their cash payouts cut by an average of about 90 percent from...
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Dealer education is key to launching electric vehicles, so retailers will feel comfortable urging customers to give plug-ins a try, said Bill Ford, executive chairman of Ford Motor Co.
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Hyundai Motor Co. is considering extending its successful U.S. incentive program that allows consumers to return vehicles if they lose their jobs, its U.S. CEO said today.
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TOKYO -- Nissan Motor Co. will expand its line of electric vehicles to the luxury Infiniti brand as early as 2012 and also will create an electric commercial van to sell to governments and fleet customers.
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Fiat S.p.A. said it expected to boost trading profit 50 percent to 1.5 billion euros in 2010 from this year's target if Italy continued subsidies to buy cars, but still planned to stick to its tough cost control.
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Fiat S.p.A. said it expected to boost trading profit 50 percent to 1.5 billion euros in 2010 from this year's target if Italy continued subsidies to buy cars, but still planned to stick to its tough cost control.
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Fiat S.p.A. said it expected to boost trading profit 50 percent to 1.5 billion euros in 2010 from this year's target if Italy continued subsidies to buy cars, but still planned to stick to its tough cost control.
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Omnicom Group's DDB and independent Wieden and Kennedy have been eliminated from Volkswagen of America's pitch as its new national creative agency of record.
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Toyota is also considering fixing the accelerator pedals of vehicles in a ''safety recall'' it issued in the United States over the risk that a loose driver side floor mat could slip forward and jam the pedal, sources close to the matter said on Wednesday.
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Subaru will add its first hybrid vehicle in 2012 as part of a push to improve the fuel economy average of its fleet and meet more stringent emissions regulations.
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Several subsidiaries of Lada-Servis, a major retailer of indebted car maker AvtoVAZ, are facing bankruptcy, Kommersant business daily reported on Wednesday.
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The Russian car market has good prospects, prime minister Vladimir Putin has said.
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PSA Peugeot Citroen on Wednesday said Q3 revenues fell only 7.7% compared to 24.9% in Q1 and 18.9% in Q2, 2009.
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A special task force created this year to stop the financial losses at Nissan Motor Co. will soon declare and#8220;mission accomplishedand#8221; and disband.
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MILAN/PARIS (Reuters) -- European carmakers drew on government scrappage schemes to report robust third-quarter numbers but their shares fell as investors searched in vain for clues as to how the sector might cope once the subsidies end.
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Auto parts maker Gentex Corp. today posted a better-than-expected rise in third-quarter profit and forecast a strong increase in revenue for the fourth quarter, sending its shares soaring by more than 17 percent by midday.
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Auto parts maker Gentex Corp. today posted a better-than-expected rise in third-quarter profit and forecast a strong increase in revenue for the fourth quarter, sending its shares soaring by 18 percent.
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Nissan Motor Co. will expand its line of electric vehicles to the luxury Infiniti brand as early as 2012 and also will create an electric commercial van to sell to governments and fleet customers.
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LG Chem is to supply batteries to local electric vehicle (EV) manufacturer CT&T from next year.
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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
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