TRW Automotive Holdings Corp. will take advantage of its recently improved share price by selling 14m shares and reduce its debt.
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German Chancellor Angela Merkel said on Tuesday that she was ready to intervene personally to support auto parts supplier Magna International Inc.'s bid for carmaker Opel.
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German Chancellor Angela Merkel said on Tuesday that she was ready to intervene personally to support auto parts supplier Magna International Inc.'s bid for carmaker Opel.
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The Chevrolet Volt will get a government in-city fuel-economy rating of "at least 230 miles per gallon," CEO Fritz Henderson said today.
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A recent Standard & Poor's report claims that US based suppliers and automakers are still facing two more difficult years.
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Vehicle sales in the Philippines were virtually unchanged at 11,597 units in July compared with the 11,636 units sold a year earlier, according to data released by the Chamber of Automotive Manufacturers of the Philippines Inc (Campi). Month-on-month, volumes were up by 6.3% from 10,908 units in June
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North American investor Mark Bishop has sold his 22% stake in Koenigsegg Automotive AB, the luxury car maker which plans to buy General Motors' Saab unit according to the Swedish business daily Dagens Industri.
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Sales of new cars in Russia, a year ago the fastest growing market in Europe and threatening to usurp Germany as number one, continue to plummet - falling 58% in July compared to the same month a year ago to 115,483.
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After achieving its best month ever for new car sales in June, Brazil's market fell almost 5% in July vs that record month and almost 1% over the same month a year ago according to data from Brazil's Motor Vehicle Manufacturers Association.
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General Motors expects its Chevrolet Volt electric car to earn a fuel-economy rating of at least 230 miles per US gallon for city driving - more than four times that of Toyota Motor Corp's Prius hybrid according to a report by Bloomberg News which cites people familiar with the plans.
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Car sales in Pakistan rose 51% in July over the same month a year ago after prices and borrowing costs declined, according to data from the country's Automotive Manufacturers Association.
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The UK's Serious Fraud Office (SFO) will not investigate the 2005 collapse of MG Rover Group Ltd, which went into bankruptcy with GBP1.3bn (US$2.1bn) of debt.
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General Motors expects that the Chevy Volt will get an EPA city fuel-economy rating of 230 mpg, and a combined fuel economy rating of triple digits, CEO Fritz Henderson said Tuesday.
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General Motors expects that the Chevrolet Volt will get an EPA city fuel-economy rating of 230 mpg, and a combined fuel economy rating of triple digits, CEO Fritz Henderson said Tuesday.
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General Motors expects the Chevrolet Volt will get an EPA city fuel economy rating of 230 mpg, and a combined fuel economy rating of triple digits, CEO Fritz Henderson said Tuesday.
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The day has arrived for the "230" answer to be revealed--and all signs point to it being the city fuel economy rating for the Chevrolet Volt hybrid.
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Tata Motors Ltd. has secured a 175 million pound ($289 million) private sector loan for its luxury unit Jaguar Land Rover and no longer needs financial support from Britain, a U.K. government spokesman said on Tuesday.
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Tata Motors Ltd. has secured a 175 million pound ($289 million) private sector loan for its luxury unit Jaguar Land Rover and no longer needs financial support from Britain, a U.K. government spokesman said today.
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Tata Motors Ltd. has secured a 175 million pound ($289 million) private sector loan for its luxury unit Jaguar Land Rover and no longer needs financial support from Britain, a U.K. government spokesman said today.
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Tata Motors Ltd. has secured a 175 million pound ($289 million) private sector loan for its luxury unit Jaguar Land Rover and no longer needs financial support from Britain, a U.K. government spokesman said on Tuesday.
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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