The US Department of Energy has awarded electric carmaker Fisker Automotive a US$528.7m loan to develop more affordable US-made plug-in hybrids.
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President Barack Obama has reassured China's president Hu Jintao that the United States would remain committed to free trade despite a decision to impose tariffs on Chinese tyres.
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Russian company Sestra River Developments plans to raise US$140m for the construction of an automotive component industrial park in the 'Russian Detroit', St Petersburg, Sergei Fiveisky, first deputy director of the city's committee for economic development, said.
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Ford CEO Alan Mulally on Wednesday said the US market was looking good and vehicle sales were expected to increase.
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GM-Daewoo (or GM-DAT), GM's South Korean subsidiary, has reportedly filed a lawsuit with a court in Seoul to prevent Russia's Taganrog Automobile Plant's (TagAZ) from allegedly copying one of its cars.
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Mahindra wants to decide by mid-2010 whether or not to set up a US assembly operation.
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Hummer will relocate to a new headquarters in Michigan once General Motors closes its planned sale to China's Sichuan Tengzhong Heavy Industrial Machinery, Hummer spokesman Nick Richards told the Wall Street Journal (WSJ).
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General Motors is "restoring" 2,400 car assembly jobs in the US by adding a third shift at three vehicle plants and also expects to return another 600 posts to engine, transmission, stamping and casting plants nationwide.
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Magna International has not lost any contracts because of its planned investment in Opel, adding it was establishing 'firewalls' to ease concerns from other vehicle manufacturers.
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Brabus' take on the E-Class features a 789bhp twin-turbo V12 conversion and some unusual aerodynamic aids...
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Following the introduction of Dual-Clutch Transmissions (DCTs) to the market by Volkswagen in 2003, Porsche has now added its name to the ever-growing list of OEMs that are using this technology. Chris Guile, powertrain analyst with CSM Worldwide, reports.
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Stripped-out, rear-wheel drive variant of the R8 caught lapping the 'ring completely undisguised
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Japan's new, tougher emissions reduction goal has worried some carmakers but Nissan Motor's chief operating officer Toshiyuki Shiga said his company could achieve the target with its zero-emission strategy centring on electric cars.
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Goldman Sach has invested US$334m in China's Geely Automobile whose parent company is considering a bid to buy Volvo from Ford.
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If the new Indian-made Figo five-door hatchback unveiled today by no less than Ford president and CEO Alan Mulally looks a little familiar it should: it's an updated and lightly restyled variant of Ford Europe's previous-generation Fiesta.
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After discussing the upcoming season with crew chiefs at recent races NASCAR officials announced the 2010 track testing policy, for the three top-tier series and two regional series.
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It's like fighting with one hand tied behind your back. Kurt Busch is campaigning for a championship with a crew chief, Pat Tryson, who announced he's leaving the team at the end of the year and now is only permitted in the race shop one day a week.
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Ferrari president Luca di Montezemolo on Wednesday admitted for the first time that the identity of Felipe Massa's Ferrari teammate for 2010 has not yet been decided.
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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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