TRW Automotive Holdings Corp. said today it finalized an agreement with its lenders to amend its $2.5 billion primary credit facility.
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Tata Motors may shut more plants and cut more jobs at Jaguar and Land Rover after the former Ford Motor Co. units helped drag the Indian automaker to its first loss in eight years.
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PSA Peugeot Citroen has said it will cut the number of media buying agencies it works with in Europe to two to reduce costs.
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Manufacturers set to raise prices by up to ten per cent.
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Storming Type RR set to be unleashed
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Tata Motors 'may' consider more job cuts and temporary plant closures at its UK Jaguar and Land Rover unit, a top official said on Friday.
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General Motors will make its new subcompact car in Orion Township, Mich., the automaker said Friday, dashing hopes in Spring Hill, Tenn., and Janesville, Wis., that the small car would keep one of their factories alive.
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General Motors will make its new subcompact car in Orion Township, Mich., the automaker said Friday, dashing hopes in Spring Hill, Tenn., and Janesville, Wis., that the small car would keep one of their factories alive.
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A General Motors assembly plant in suburban Detroit will be awarded the work on GM's coveted subcompact car project, ahead of plants in Tennessee and Wisconsin, according to a wire service report on Friday.
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A General Motors assembly plant in suburban Detroit will be awarded the work on GM's coveted subcompact car project, ahead of plants in Tennessee and Wisconsin, according to a wire service report on Friday.
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A Germany's economy ministry spokesman on Friday said he saw no basis at the moment for a decision on whether to grant state aid to Porsche.
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General Motors has almost no cars left to sell in the Venezuelan market, which it dominates, putting the carmaker at risk of losing tens of thousands of sales there.
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British car dealer Lookers is raising 80.7 million pounds ($131.2 million) in a fully underwritten share sale to reduce its debts and change its banking arrangements onto more favorable terms. The firm said on Friday it was issuing 201.
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British car dealer Lookers is raising 80.7 million pounds ($131.2 million) in a fully underwritten share sale to reduce its debts and change its banking arrangements onto more favorable terms. The firm said on Friday it was issuing 201.
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India's Tata Motors may consider more job cuts and plant shutdowns for the Jaguar and Land Rover unit, a top official said on Friday. "There has already been 2,000 job losses.
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Ashok Leyland, India's second biggest commercial vehicle manufacturer, has halted plans to build a new factory to produce light commercial vehicles for its JV with Nissan Motor because the partners currently have spare capacity at existing facilities.
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Slumping demand and poor results from Jaguar and Land Rover swung Tata Motors Ltd., India's top vehicle maker, to its first annual loss in eight years. Tata Motors, which bought the British premium brands from Ford Motor Co.
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Slumping demand and poor results from Jaguar and Land Rover swung Tata Motors Ltd., India's top vehicle maker, to its first annual loss in eight years. Tata Motors, which bought the British premium brands from Ford Motor Co.
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Japan's top five carmakers made domestic plant output cuts ranging from 36.3% to 60% year on year last month, according to industry data.
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Italy has earmarked 300 million euros ($418 million) to help areas around Fiat S.p.A.'s Pomigliano d'Arco and Termini Imerese plants, where the company is cutting back or changing car output, a cabinet official said.
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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