Chrysler Group LLC said today it will restart seven of its North American plants the week of June 29. The plants have been closed since Chrysler filed for bankruptcy on April 30.
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Chrysler Group LLC said today it will restart seven of its North American plants the week of June 29. The plants have been closed since Chrysler filed for bankruptcy on April 30.
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A new auto company backed by Texas billionaire investor T. Boone Pickens and staffed by former Mazda design chief Tom Matano plans to build "environmentally friendly" vehicles in Louisiana.
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Baard Eker, the Norwegian designer behind the unlikely bid for General Motors' Saab unit, wants to rejuvenate the "soul and spirit" of the money-losing Swedish carmaker and lead a creative revival in the auto industry.
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In today's News Brake: Audi expands the A5 lineup with a Sportback model but leaves U.S. buyers out of the mix; NASCAR continues its legal battle with Jeremy Mayfield; and a classic Phil Hill Jaguar goes on the auction block ...
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In today's News Brake: Audi expands the A5 lineup with a Sportback model but leaves U.S. buyers out of the mix; NASCAR continues its legal battle with Jeremy Mayfield; and a classic Phil Hill Jaguar goes on the auction block ...
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General Motors and Magna International Inc. have set themselves a target to agree by July 15 on the sale of a majority stake in Opel to the Canadian auto parts group and its Russian partner Sberbank, sources close to the talks told Reuters.
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Toyota has denied it plans to produce the Prius hybrid at the NUMMI plant in California but is preparing to boost production in Japan by adding weekend shifts.
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The health of the supply base is now the auto industry's top concern, Ford Motor Co. CEO Alan Mulally said today.
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The health of the supply base is now the auto industry's top concern, Ford Motor Co. CEO Alan Mulally said today.
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General Motors is halting its assembly lines in San Luis Potosi, Mexico, for seven weeks from 1 July to 21 August due to weak demand for the Chevrolet Aveo and Pontiac G3 models the plant builds.
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Daimler will extend short-time work into the third quarter of 2009.
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Hyundai Motor union leader Yoon Hae-mo has formally resigned as he said he would do earlier in the week but is not leaving immediately.
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The Fiat-Chrysler deal and new fuel economy rules could boost sales for the world's largest auto supplier, the company's chairman said today.
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The US government has refused a request by autoparts makers for up to US$10bn in guaranteed loan aid.
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Car production at GM Uzbekistan, a joint venture between GM and Uzbek carmaker Uzavtoprom, was nearly flat on the year in January-May, increasing 0.1% to 78,067 units in the period, the state statistics committee has reported.
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The U.S. government's decision to deny additional aid for struggling automotive suppliers will mean more bankruptcies in the cash-strapped sector, Dura Automotive Systems Inc. CEO Tim Leuliette said today.
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There was further good news for Saab today when it emerged that the embattled automaker had won a key court decision that will see its debt cut considerably.
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Fiat has launched its Grande Punto model on the Indian market and is eyeing much higher market share.
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A federal judge has allowed bankrupt Delphi to use $250m in funding from General Motors for support until it can emerge from bankruptcy.
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