Continental AG said on Friday its supervisory board would decide on Aug. 12 on management changes in the wake of a power struggle that has seen CEO Karl-Thomas Neumann lose the confidence of shareholders.
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Continental AG said on Friday its supervisory board would decide on Aug. 12 on management changes in the wake of a power struggle that has seen CEO Karl-Thomas Neumann lose the confidence of shareholders.
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Confusion reigned throughout U.S. auto showrooms today as dealers canceled cash-for-clunkers ads, but then restarted program sales once they received government assurance the program would be honored through the weekend.
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Cash-for-guzzler ads were canceled, showroom sales were halted and strategies were put on hold amid conflicting reports about the status of the incentive.
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Cash-for-guzzler ads were canceled, showroom sales were halted and strategies were put on hold amid conflicting reports about the status of the incentive.
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Cash-for-guzzler ads were canceled, showroom sales were halted and strategies were put on hold amid conflicting reports about the status of the incentive.
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Eyeing a better price, Ford Motor Co. is slowing down the bidding process for its Volvo car unit, the Wall Street Journal said, citing a person close to the company. Ford will wait for General Motors Co.
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Eyeing a better price, Ford Motor Co. is slowing down the bidding process for its Volvo car unit, the Wall Street Journal said, citing a person close to the company. Ford will wait for General Motors Co.
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Eyeing a better price, Ford Motor Co. is slowing down the bidding process for its Volvo car unit, the Wall Street Journal said, citing a person close to the company. Ford will wait for General Motors Co.
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Eyeing a better price, Ford Motor Co. is slowing down the bidding process for its Volvo car unit, the Wall Street Journal said, citing a person close to the company. Ford will wait for General Motors Co.
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A member of the German government's Opel Task Force said on Thursday that negotiations between General Motors Co. and the two competing bidders for Opel could drag on longer than expected.
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Continental AG won a vote to repair its finances but will likely lose its second chief executive in less than a year amid a bitter power struggle with German ball-bearings maker Schaeffler Group.
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Incentive-fueled demand for new vehicles could boost July U.S. light-vehicle sales above rates already forecast to be the highest levels so far this year, an influential analyst said late Thursday.
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Lithia Motors Inc. posted $3.7 million in net income on revenue of $401.8 million in the second quarter of 2009, giving the Medford, Ore.-based auto retailer two consecutive quarters in the black. Lithia reported a $243.
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Continental AG won a vote to repair its finances but will likely lose its second CEO in less than a year amid a bitter power struggle with German ball-bearings maker Schaeffler.
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Toyota Motor Corp.'s loss for this business year will likely be several tens of billions of yen less than originally forecast by the automaker thanks to strong sales of hybrid cars, Japanese public broadcaster NHK reported.
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The federal cash-for-guzzlers program continues to operate this morning despite dealer reports that it was to be suspended at midnight last night because it was approaching its $1 billion limit.
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Incentive-fueled demand for new vehicles could boost July U.S. light-vehicle sales above rates already forecast to be the highest levels so far this year, an influential analyst said late Thursday.
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The federal cash-for-guzzlers program continues to operate this morning despite dealer reports that it was to be suspended at midnight last night because it was approaching its $1 billion limit.
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The federal "cash for guzzlers" program reached its $1 billion funding limit unexpectedly after an avalanche of business exhausted its funds, an Obama administration official said late Thursday following reports from congressional and industry...
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