Workers from collapsed French car parts maker New Fabris came out of a meeting with officials on Wednesday saying they may resume a threat to blow up their plant to back demands for bigger redundancy payouts.
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Lear Corp.'s request to pay 29 executives and managers up to $20.6 million in bonuses for steering the auto supplier through the Chapter 11 process has drawn the resistance of the U.S. Trustee overseeing the case.
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Lear Corp.'s request to pay 29 employees up to $20.6 million in bonuses for steering the auto supplier through the Chapter 11 process has drawn the resistance of the U.S. Trustee overseeing the case.
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The Chrysler Group is offering consumers $4,500 on most of its 2009 models, doubling the cash-for-guzzlers incentive offered by the federal government.
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The Chrysler Group is offering consumers $4,500 on most of its 2009 models, doubling the cash-for-guzzlers incentive offered by the federal government.
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General Motors Co.'s worldwide sales fell 15.4 percent in the second quarter, as growth in its Asia-Pacific region helped lessen the blow of continued declines in Europe and North America.
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Chrysler Group, battling a 46 percent plunge in U.S. sales, is offering consumers as much as $4,500 on most of its 2009 models, doubling the cash-for-guzzlers incentive from by the federal government.
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Audi was late to the luxury-SUV ranks, watching for almost a decade as BMW and Mercedes-Benz took the initiative with the popular U.S.-built X5 and M-class.
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The European Commission said today it will extend the current rules which govern how cars are sold in Europe until 2013 but warned that it plans to tighten the regulations after that.
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Porsche CEO Wendelin Wiedeking is likely to bow to pressure from the Porsche family to step down, a German newspaper report said on Wednesday.
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Talks to strike a deal over the future of Porsche are heating up as rival factions race toward an expected showdown on Thursday.
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Talks to strike a deal over the future of Porsche are heating up as rival factions race toward an expected showdown on Thursday.
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Talks to strike a deal over the future of Porsche are heating up as rival factions race toward an expected showdown on Thursday.
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The Hyundai Genesis ranked as the most smoothly launched vehicle in a U.S. study that grades automakers on their ability to hit sales, price and dealer-profit targets with new models.The 2009 Genesis scored 689 out of 1,000 possible points on J.D.
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Automotive mirror supplier Gentex Corp. posted a 55 percent drop in quarterly profit due to steep production cuts by automakers, and the parts maker forecast a 10 percent decline in revenue for the current quarter.
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Automotive mirror supplier Gentex Corp. posted a 55 percent drop in quarterly profit due to steep production cuts by automakers, and the parts maker forecast a 10 percent decline in revenue for the current quarter.
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The Hyundai Genesis ranked as the most smoothly launched vehicle in a U.S. study that grades automakers on their ability to hit sales, price and dealer-profit targets with new models.The 2009 Genesis scored 689 out of 1,000 possible points on J.D.
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Automotive mirror supplier Gentex Corp. said today it posted a 55 percent drop in quarterly profit due to steep production cuts by automakers, and the parts maker forecast a 10 percent decline in revenues for the current quarter.
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Fiat S.p.A., which owns 20 percent of Chrysler Group, posted a second-quarter trading profit, helped by tax breaks for drivers trading in older, polluting cars.
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Fiat S.p.A beat expectations for second-quarter trading profit on Wednesday, helped by tax breaks for drivers trading in older, polluting cars, but its efforts to cut debt disappointed and shares slipped.
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