Jun
26th
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PSA/Peugeot-Citroen said on Friday it had cut the number of media buying agencies it works with in Europe to two to reduce costs. Full story...
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Jun
26th
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The decision by General Motors to admit it is still in serious talks with other bidders for its Opel unit is being seen by analysts as a way to exert pressure on preferred suitor Magna International to complete the deal by the mid-July deadline GM and Magna have set themselves. Full story...
Jun
26th
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US auto and housing financier GMAC is suspending wholesale financing for some Chrysler Group dealers it considers to be too risky to lend to. Full story...
Jun
26th
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US new vehicle sales (including fleet sales) this month are expected to be 887,000 units, down 25.3% year-on-year but off only 3.9% compared with last month, according to Edmunds.com. Full story...
Jun
26th
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Great Wall Motors has become the first Chinese automaker to launch vehicles in the New Zealand and Australian markets - both are large markets for one-tonne pickup trucks. Full story...
Jun
26th
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A car for every purse and purpose was once a famous mantra of General Motors, and on a much smaller scale, Subaru is adopting that principle with its redesign of the 2010 Legacy. Full story...
Jun
26th
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There was little doubt that Shelby would not call it a day following the completion of the 2010 Ford Shelby Mustang GT500. After all, 540 hp just might not cut it for some Shelby faithful. Full story...
Jun
26th
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There was little doubt that Shelby would call it a day following the completion of the 2010 Ford Shelby Mustang GT500. After all, 540 hp just might not cut it for some Shelby faithful. Full story...
Jun
26th
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Possible plans by Volkswagen to cooperate with Suzuki Motor Corp. raised an enthusiastic response among investors on Friday, but traders said the main focus at VW remained firmly on Qatar. Full story...
Jun
26th
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Possible plans by Volkswagen to cooperate with Suzuki Motor Corp. raised an enthusiastic response among investors on Friday, but traders said the main focus at VW remained firmly on Qatar. Full story...
Jun
26th
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Shares of Suzuki Motor Corp. raced to a 10-month high after a source said Volkswagen AG is exploring a deal to cooperate with the Japanese automaker to boost its presence in ultra-small cars. Full story...
Jun
26th
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General Motors said today it will make its new small car in Orion Township, Mich., dashing hopes in Spring Hill, Tenn., and Janesville, Wis., that the car would keep one of their factories alive. Full story...
Jun
26th
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General Motors' announcement that it will make its new subcompact car in Orion Township, Mich., is "imminent," U.S. Rep. John Dingell said. Full story...
Jun
26th
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General Motors needs to exit from bankruptcy quickly in order to avoid a "fatal" blow to many of its suppliers and the loss of thousands of jobs, CEO Fritz Henderson said in a court filing on Thursday. Full story...
Jun
26th
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Automotive seating giant Lear Corp. is preparing a pre-packaged bankruptcy five days before it must make a $38 million interest payment on two of its bonds, according to a Dow Jones report. Full story...
Jun
26th
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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 today. Full story...
Jun
26th
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Ford Motor Co. is poised to take advantage of steadier auto sales and increasing U.S. market share by stepping up production, CEO Alan Mulally said Thursday. Mulally also said the automaker would use the $5. Full story...
Jun
26th
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Ford Motor Co. is seen likely to pursue additional debt restructurings that may include a debt exchange, or a debt-to-equity swap, as the company burns through cash and takes on new government loans. Full story...
Jun
26th
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Renault has decided to replace a French executive vice president at Russian carmaker AvtoVAZ, in which it owns a 25 percent stake. Full story...
Jun
26th
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Shortly after lunch hour on Friday, rain fell on the New Hampshire Motor Speedway, scene of the NASCAR Sprint Cup and Nationwide series event this weekend. Full story...