Sweden's Koenigsegg, maker of some of the world's fastest and most expensive sports cars, has struck a deal to buy money-losing Saab Automobile from bankrupt General Motors.
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Bankrupt General Motors has agreed to sell money-losing Saab Automobile to Sweden's Koenigsegg Automotive AB, a maker of some of the world's fastest and most expensive sports cars.
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Sweden's Koenigsegg, maker of some of the world's fastest and most expensive sports cars, has struck a deal to buy money-losing Saab Automobile from bankrupt General Motors.
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Sweden's Koenigsegg Group AB, maker of some of the world's fastest and most expensive sports cars, has struck a deal to buy loss-making Saab Automobile from General Motors, the companies said on Tuesday.
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GM Europe reaches a deal that will see supercar firm buy Saab
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A parts maker that is part of the Toyota Motor Group is likely to face a government penalty for overstating its profits, according to local media.
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Vehicle sales in Thailand fell by 26.2% year on year in May to 40,539 units, according to data released by Toyota Motor Thailand, marking the 12th consecutive monthly decline. The recession deepened in the first quarter, with GDP contracting by 7.1% compared with a drop of 4.3% in the last quarter of 2008.
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German industrial conglomerate Robert Bosch GmbH expects revenue in its core car parts business to decline by about a fifth this year in line with weak global production volumes.
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German industrial conglomerate Robert Bosch GmbH expects revenue in its core car parts business to decline by about a fifth this year in line with weak global production volumes.
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German industrial conglomerate Robert Bosch GmbH expects revenue in its core car parts business to decline by about a fifth this year in line with weak global production volumes.
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Best pictures yet of upcoming drop-top version of Audi's flagship supercar!
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New-car sales in Europe fell by 4.9 percent in May but brands such as Dacia, Hyundai and Volkswagen were winners as many customers used government cash incentives to buy smaller cars.
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New-car sales in Europe fell by 4.9 percent in May but brands such as Dacia, Hyundai and Volkswagen were winners as many customers used government cash incentives to buy smaller cars.
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New-car sales in Europe fell by 4.9 percent in May but brands such as Dacia, Hyundai and Volkswagen were winners as many customers used government cash incentives to buy smaller cars.
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Manfred Wennemer, former CEO of Continental AG, will represent the German government on an advisory board overseeing the trust that administers Opel, sources familiar with the situation said. The trust holds 65 percent of Opel shares.
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Chrysler Group LLC has resumed production at its first factory since emerging from bankruptcy last week: a Detroit plant that makes the low-volume Dodge Viper sports car.
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General Motors on Monday named longtime purchasing executive Robert Socia, 55, to replace Bo Andersson as GM group vice president for purchasing and supply chain. Socia currently serves as executive vice president Shanghai General Motors.
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The smart fortwo is definitely not suited for everyone. You have a family? Forget it. You play golf? Forget it. You spend a lot of time on highways? Forget it. You're not environmentally conscious? Well, forget it too.
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Today a new generation of fuel cells developed by Horizon Fuel Cell Technologies has enabled the world's first low-cost and practical hydrogen car. The top secret UK development unveiled today in London is a two-seater zero emissions hydrogen-electric city car with an expected fuel consumption equivalent to 360 miles per gallon*, six times better than today's best available hybrid electric vehicles.
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22 June 1934 was not only one of the most important days in the early corporate history of the Company now known the world over as Dr. Ing. h. c. F. Porsche AG, Stuttgart, but also the day that changed the history of the entire automotive industry: It was on that day that "Dr. Ing. h.c. F.
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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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