German automotive lighting manufacturer Hella KGaA Hueck and Co. said on Friday it has signed an increased 550 million euro ($765.7 million) forward start loan, extending an existing loan by two years.
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German Foreign Minister and Vice Chancellor Frank-Walter Steinmeier said in a newspaper interview to be published on Saturday that the government would not step in to assist carmaker Porsche Automobil Holding SE with taxpayer money.
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Daimler AG is in advanced talks to buy a stake in sports car maker Porsche Automobil Holding SE, German publication manager magazin reported on Friday on its Web site, citing financial sources.
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A small group of General Motors bondholders formally objected on Friday to the automaker's plans for a speedy sale of its assets in bankruptcy court.
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Nissan Motor Co. plans to launch production of electric vehicles and their batteries in the United States to tap low-interest loans for green vehicles, the Nikkei business daily said.
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Nissan Motor Co. plans to launch production of electric vehicles and their batteries in the United States to tap low-interest loans for green vehicles, the Nikkei business daily said.
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A small group of General Motors bondholders formally objected on Friday to the automaker's plans for a speedy sale of its assets in bankruptcy court.
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The future of the British grand prix took a huge step forwards on Saturday, as Bernie Ecclestone guaranteed the country will not drop off the calendar in 2010.
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Bernie Ecclestone believes major teams should not be subject to a budget cap next year.
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Championship leader Jenson Button on Saturday qualified just fifth for his home British grand prix, as Red Bull's Sebastian Vettel capped his dominance of the weekend so far with pole position.
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McLaren is reportedly in talks with British Airways about a sponsorship for 2010.
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FOTA teams are already in talks to expand the grid of a breakaway world championship to more than sixteen cars.
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The U.S. has Pebble Beach and Amelia Island, France stages the Classique Louis Vuitton, Italy the Concorso d'Eleganza Villa d'Este and Great Britain the Goodwood Festival.
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Basic transportation comes in many forms, and the Kia Spectra was definitely one of them. Its replacement, the Forte, is now on sale. You've probably seen it on dealer lots or on TV in some amusing commercials. The name of progress spelled the end of the road for the Spectra--and used examples are now more abundant than ever at your favorite pre-owned dealership.
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Continental Automotive Systems Inc. will delay paychecks expected by thousands of U.S. employees on June 30. Less than half of Continental's roughly 10,000 U.S.
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On the 15-year anniversary of O. J. Simpsons infamous car chase, we decided to recall some cars in our history that shocked, saddened and made headlines.
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Michigan's congressional delegation wants to make it less costly for suppliers to participate in a $5 billion federal aid program.
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With the 2010 Ford Taurus, Ford Motor Co. is introducing a well-appointed large car that aims to take on the Toyota Avalon, Chrysler 300 and perhaps some luxury nameplates.
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Ford Motor Co. lavished new technology and features on the revamped 2010 Taurus. The nameplate now is touted as the brand's flagship. But despite the big changes, Ford is launching the car with incentives.
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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