After five months of 2009, sales here in Colombia were down 23% but the premium segment was unusually busy with new facilities and model launches.
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Metaldyne Corporation has agreed to sell some of its powertrain and other operating assets and the stock of some foreign subsidiaries as going concerns to RHJ International (RHJI) under a court-supervised sale process under Section 363 of the US bankruptcy code.
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Michelin announced on Wednesday a plan to cut 1,093 jobs on a voluntary basis as part of a restructuring of its facilities as it battles with falling demand from carmakers.
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Michelin announced on Wednesday a plan to cut 1,093 jobs on a voluntary basis as part of a restructuring of its facilities as it battles with falling demand from carmakers.
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The slimmed-down 'New GM' will have a clean balance sheet and a sensible brand portfolio. But there's an elephant in the room - and it's blue and square. It's time to bid a final farewell to the General, believes Mark Bursa.
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Germany's Continental AG inaugurated its new automotive components plant in Thailand on Tuesday, although the delay in some model programmes due to the global slump in vehicle demand has forced the company to defer part of its original investment.
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Qatar expects to reveal the outcome of talks on buying a stake in ailing German sportscar maker Porsche SE in two to three weeks, the country's prime minister said, according to media reports. "We are still discussing the stake.
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Qatar expects to reveal the outcome of talks on buying a stake in ailing German sportscar maker Porsche SE in two to three weeks, the country's prime minister said, according to media reports. "We are still discussing the stake.
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Qatar expects to reveal the outcome of talks on buying a stake in ailing German sportscar maker Porsche SE in two to three weeks, the country's prime minister said, according to media reports. "We are still discussing the stake.
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Qatar expects to reveal the outcome of talks on buying a stake in Porsche in two weeks, the country's prime minister said in remarks published on Wednesday. "We are still discussing the stake.
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X3's baby bother slips off its disguise and heads out onto the road.
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Ferdinand Piech, a co-owner of Porsche, is resisting a quick decision to let the Gulf state of Qatar take a minority stake in the German automotive group, the Financial Times Deutschland reported.
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Ferdinand Piech, a co-owner of Porsche, is resisting a quick decision to let the Gulf state of Qatar take a minority stake in the German automotive group, the Financial Times Deutschland reported.
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Ferdinand Piech, a co-owner of Porsche, is resisting a quick decision to let the Gulf state of Qatar take a minority stake in the German automotive group, the Financial Times Deutschland reported.
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Ferdinand Piech, a co-owner of Porsche, is resisting a quick decision to let the Gulf state of Qatar take a minority stake in the German automotive group, the Financial Times Deutschland reported.
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Latest spyshots show new interior for Lexus long awaited hypercar, the LF-A.
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U.S. auto sales should begin to recover by the end of 2009, the head of French carmaker Renault said in a newspaper interview published today.
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The European automobile sector is unlikely to see a recovery before 2011, the head of French carmaker Renault said in a newspaper interview published on Wednesday. "I don't see it in Europe before 2011.
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The European automobile sector is unlikely to see a recovery before 2011, the head of French carmaker Renault said in a newspaper interview published on Wednesday. "I don't see it in Europe before 2011.
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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. V-Vehicle Co.
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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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