Magna Seating, a unit of Aurora, Ontario-based Magna International, has formed a 50-50 joint venture (JV) with India's Krishna Group to produce complete seats and seat mechanisms for automakers in the Pune region.
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General Motors Co. and Magna International have narrowed their differences in talks over the Canadian-Austrian supplier's bid for carmaker Opel, the Economy Minister of one of the German states that has an Opel plant told Reuters on Wednesday.
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General Motors Co. and Magna International have narrowed their differences in talks over the Canadian-Austrian supplier's bid for carmaker Opel, the Economy Minister of one of the German states that has an Opel plant told Reuters on Wednesday.
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Brilliance China Automotive Holdings Ltd, BMW's partner in China, is preparing to ship its BS4 mid-sized station wagon to Europe, company executives said on Wednesday.
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New General Motors chairman Edward Whitacre wants the company to remain at the top of the US sales chart and has told his new management team that regaining market share is a priority.
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The US Senate will pave the way to release more funds for the government CARS ('cash for clunkers') programme by the end of the week, the majority leader promised last night.
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BMW and Peugeot are discussing extending their co-operation beyond the 1.4 and 1.6-litre petrol engines that the companies use in their Mini and 207 models, according to numerous media reports on Wednesday.
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J.P. Morgan Securities said it still sees uncertainty on the near-term sales outlook for the European autos sector and upgraded French carmakers PSA/Peugeot-Citroen and Renault to "neutral" on valuation.
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The Obama administration today announced $2.4 billion in grants to General Motors Co., Ford Motor Co., Chrysler Group and other companies to speed development of electric vehicles and batteries in the United States.
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The Obama administration today announced $2.4 billion in grants to General Motors Co., Ford Motor Co., Chrysler Group and other companies to speed development of electric vehicles and batteries in the United States.
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Battery maker A123 Systems is one of the winners of the competition for $1.2 billion in federal stimulus funds for companies that make advanced automotive batteries, the Wall Street Journal said, citing people familiar with the matter.
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BMW will launch a new class of environmentally friendly vehicles under its own brand, signaling that even premium automakers are ready to embrace electric vehicles as a mainstream product.
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Exploding vehicle production demand because of the successful cash for clunkers program has prompted supplier giant Magna International Inc.
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Exploding vehicle production demand because of the successful cash for clunkers program has prompted supplier giant Magna International Inc.
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General Motors Co. is looking to launch several vehicles earlier than planned as part of a plan to increase the automaker's U.S. market share, its new chairman says.
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BMW will launch a new class of environmentally friendly vehicles under its own brand, signaling that even premium automakers are ready to embrace electric vehicles as a mainstream product.
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General Motors Co. and the German government could decide by the end of the week which bidder they want to take control of the automaker's Opel unit, Germany's deputy economics minister said.
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BMW will launch a new class of environmentally friendly vehicles under its own brand, signaling that even premium automakers are ready to embrace electric vehicles as a mainstream product.
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General Motors Co. and the German government could decide by the end of the week which bidder they want to take control of the automaker's Opel unit, Germany's deputy economics minister said.
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General Motors Co. and the German government could decide by the end of the week which bidder they want to take control of the automaker's Opel unit, Germany's deputy economics minister said.
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