Russia's largest carmaker AvtoVAZ is not considering any partnerships with Opel or Magna International, its boss said on Friday, contradicting remarks from the head of Sberbank.
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Russia's largest carmaker AvtoVAZ is not considering any partnerships with Germany's Opel or Canada's Magna International, its boss said on Friday, contradicting remarks from the head of Sberbank.
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Russia's largest carmaker AvtoVAZ is not considering any partnerships with Germany's Opel or Canada's Magna International, its boss said on Friday, contradicting remarks from the head of Sberbank.
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A US scrappage incentive known as "Cash for Clunkers" has been approved by the US Senate and is likely to be implemented within the next 30 days.
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The trustees of the Voluntary Employee Beneficiary Association (VEBA) for retired UAW-represented workers at GM have named analyst Stephen Girsky as a director of the new GM.
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PSA Peugeot Citroen's new boss Philippe Varin, who joined the French company last month to replace ousted CEO Christian Streiff, has stamped his mark on the company with a number of key appointments.
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Thanks to scrapping incentives, British car production fell 43.0 percent in May versus a year ago, the smallest monthly decline this year, the Society of Motor Manufacturers and Traders said on Friday.
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Thanks to scrapping incentives, British car production fell 43.0 percent in May versus a year ago, the smallest monthly decline this year, the Society of Motor Manufacturers and Traders said on Friday.
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Toyota Europe has extended its premium priced iQ city car range with a new version with 1.33-litre petrol engine (already used in the in the Auris, Yaris and Urban Cruiser), start-stop and the option of a CVT automatic transmission.
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Big gains on derivative bets linked to Volkswagen shares offset a decline in nine-month earnings at Porsche Automobil Holding SE's core sports car business, the heavily indebted holding company said on Friday.
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Big gains on derivative bets linked to Volkswagen shares offset a decline in nine-month earnings at Porsche Automobil Holding SE's core sports car business, the heavily indebted holding company said on Friday.
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Porsche Automobil Holding SE reported pretax profit at its core sports car business declined because of a sharp drop in vehicle sales and revenue in the first nine months of its fiscal year.
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Hyundai Motor Co. and Ford Motor Co. have so far benefited most under the British government's vehicle scrappage scheme, according to figures obtained by Reuters. The 300 million-pound ($491.
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The U.S. Senate passed a scaled-back $1 billion 'cash-for-guzzlers' bill, sending it to President Barack Obama for his expected signature.
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Porsche Automobil Holding SE chided two prominent board members for commenting about the debt-laden German automotive group's financial condition while it seeks a 1.75 billion euro ($2.44 billion) state loan.
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Lamborghini has given notice to Mercury, Russia's biggest luxury group, that it will end their partnership because it is not satisfied with its services and sales performance, the Italian sports car maker said.
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Buicks' new tagline, "take a look at me now," is being unveiled in ads as General Motors launches the 2010 Buick LaCrosse. GM is airing the 30-second Buick spot nationally to "tease" the new LaCrosse sedan.
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Continental AG expects worldwide demand for passenger car tires to grow to nearly 1.25 billion units next year from the 1.2 billion units it expects this year, its passenger tire division head told a German magazine.
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The steep drop in Spain's new-car sales could ease in June as recently launched incentives start to help. "The rate of decline in new-car sales is lower in the first half of June, having fallen 10.
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Continental AG expects worldwide demand for passenger car tires to grow to nearly 1.25 billion units next year from the 1.2 billion units it expects this year, its passenger tire division head told a German magazine.
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