In today's News Brake: Chrysler executives seek a quick way to replace the Sebring and Avenger; we get a peek at the redesigned Saab 9-5 sedan; and GM is selling Saab but will provide a new crossover for the Swedish brand ... But Wait, There's More!
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Lexus reclaimed the top spot in J.D. Power and Associates' annual benchmark study of vehicle quality, while U.S. luxury rival Cadillac continued its rebound and Lincoln plunged.
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Lexus reclaimed the top spot in J.D. Power and Associates' annual benchmark study of vehicle quality, while U.S. luxury rival Cadillac continued its rebound and Lincoln plunged.
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The dramatic decline in diesel fuel prices is driving up U.S. sales of diesel-powered vehicles from European carmakers.
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Lexus reclaimed the top spot in J.D. Power and Associates' annual ranking of initial quality, while the Ford, Chevrolet and Toyota brands ranked virtually even in the benchmark survey.
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Lexus reclaimed the top spot in J.D. Power and Associates' annual benchmark study of vehicle quality, while U.S. luxury rival Cadillac continued its rebound and Lincoln plunged.
Full story...
Porsche will re-submit an application for a EUR1.75bn (US$2.43bn) loan to the state-owned KfW development bank, the company said.
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Tesla Motors has slashed production costs of its Roadster sports car by 43% to about US$80,000 per vehicle as of June, chief executive Elon Musk was quoted as saying on Monday.
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Kia Motors on Monday said it would resume full two-shift operations at plant in Slovakia as European demand rose.
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Researchers at Business Monitor International (BMI) say that the outlook for Croatia's car market is 'highly challenging' and they are forecasting a market decline of 22% in 2009.
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New motor vehicle sales jumped 5.4% month on month in May, the biggest increase since early 2005, the Australian Bureau of Statistics said on Monday.
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Volvo Buses, with subsidiary Sunwin Bus, has signed a framework agreement for 1,500 buses with bus operator Bashi Group in Shanghai, China.
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Goodyear is reducing its consumer tyre plant in Union City, Tennessee, from continuous operation to a five-day, three-shift operation on 6 July.
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Engine technology will remain at the core of Honda Motor's development efforts, outgoing CEO Takeo Fukui has said.
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International Automotive Components Group (IAC) has announced that it has executed a definitive agreement to acquire certain operations of Stankiewicz GmbH and Gimotive GmbH (collectively "Stankiewicz") from German administration. Terms of the transaction were not released.
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Laid off auto workers in Spain are to receive assistance from the European Union (EU) after administrative problems holding up the handout appear to have been resolved.
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Renault Samsung has launched its new SM3 compact sedan to Korean media ahead of the sales launch in early July.
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Porsche Automobil Holding SE could be running out of options to repair its finances, with Berlin set to reject its request for a state loan and a purported stake sale to Daimler AG unlikely, analysts said on Monday.
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Chrysler's new management team is wrestling with its first major product decision, and it's a crucial one: how to replace the slow-selling Chrysler Sebring and Dodge Avenger.
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Nearly 20 years after Lee Iacocca retired--and 45 years after he helped launch America's first pony car--the former Ford and Chrysler exec is attaching his visage to this: the Iacocca Silver 45th Anniversary Edition Ford Mustang.
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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
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