Chrysler has reversed its decision to cancel the third shift at its Windsor, Ontario, minivan plant, saving 1,200 direct jobs, the head of the Canadian Auto Workers union said.
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General Motors could use the proceeds of an initial public offering of stock as soon as 2010 to begin paying down some of the debt it owes to the governments of the United States and Canada, CFO Ray Young said.
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Bankrupt supplier Delphi Corp. said it had received no additional bids as part of a court-mandated auction that seeks to create alternatives to a previous deal reached with a private equity firm.
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Bankrupt supplier Delphi Corp. said it had received no additional bids as part of a court-mandated auction that seeks to create alternatives to a previous deal reached with a private equity firm.
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General Motors executives have been pressuring individual dealers to sign a statement saying they oppose legislation that would restore terminated dealerships' rights, according to a U.S. senator, a dealers group and dealer representatives.
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General Motors executives have been pressuring individual dealers to sign a statement saying they oppose legislation that would restore terminated dealerships' rights, according to a U.S. senator, a dealers group and dealer representatives.
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General Motors executives have been pressuring individual dealers to sign a statement saying they oppose legislation that would restore terminated dealerships' rights, according to a U.S. senator, a dealers group and dealer representatives.
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Two rival families that control indebted Porsche Automobil Holding SE are set for a showdown that could decide on the planned merger with majority-owned Volkswagen.
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Opel labor leaders hope to save threatened factories in England and Belgium after identifying nearly 6 billion euros ($8.4 billion) in wage-related costs that could be saved over the next five years.
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The premier of the German state of Hesse, which is helping to finance Opel operations, has rejected a plan by Beijing Automotive Industry Corp. (BAIC) to take over the carmaker.
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Dario Franchitti (Ganassi) earned his third career pole position in Toronto today after topping the IndyCar Series' first qualifying session on the Canadian street track.
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Dario Franchitti (Ganassi) earned his third career pole position in Toronto today after topping the IndyCar Series' first qualifying session on the Canadian street track.
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At his 132nd attempt, Mark Webber secured his maiden pole position on Saturday, beating Rubens Barrichello to the best time in a chaotic weather-affected qualifying session in Germany.
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Ari Vatanen on Saturday made clear he is standing for a form of FIA presidency in stark contrast to that of the controversial incumbent Max Mosley.
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Multiple world rally champion Sebastien Loeb has thrown his name into the hat as a potential candidate for French countryman Sebastien Bourdais' endangered Toro Rosso seat.
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The Dollar General 200 Nationwide race held at the Chicago Speedway on Friday evening will probably never go down as the most exciting race of the NASCAR Nationwide series
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Formula one is looking to ban wheel fairings for 2010, Williams' technical director Sam Michael revealed at the Nurburgring.
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The name Fiat is in the air these days. So much so that even classic cars bearing this Italian name now make the headlines, as where before stories about them would serve as fillers and last minute news.
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Leading global market research firm Synovate has released the results of a new research study showing that many Canadians would buy a green car over a dream car, even if money was no object.
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In some ways, the return of the Nissan Z car foreshadowed the return of the American retro hot-rod which would occur several years later. Resurrecting the lineage of the popular 300ZX, Nissan brought the 350Z back to market to do battle with the likes of the Honda S2000, Audi TT, and Ford Mustang.
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