A little-known U.S.-based company was named as the third bidder for Saab in a report Tuesday by the Financial Times. Merbanco, a group of investors from the U.S.
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A little-known U.S.-based company was named as the third bidder for Saab in a report Tuesday by the Financial Times. Merbanco, a group of investors from the U.S.
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U.S. auto suppliers, who negotiated federal loans earlier this year, plan to ask the Obama administration's auto task force this week for $8 billion to $10 billion in loan guarantees, Bloomberg reported today.
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Porsche Automobil Holding SE is in talks to sell a stake of up to 25 percent in its holding company to the Gulf state of Qatar, the Financial Times reported on Tuesday, citing people familiar with the talks.
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Porsche Automobil Holding SE is in talks to sell a stake to the Gulf state of Qatar in a deal that could pave the way for the Porsche and Piech families to give up full control over their business.
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Porsche Automobil Holding SE is in talks to sell a stake to the Gulf state of Qatar in a deal that could pave the way for the Porsche and Piech families to give up full control over their business.
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Porsche Automobil Holding SE is in talks to sell a stake to the Gulf state of Qatar in a deal that could pave the way for the Porsche and Piech families to give up full control over their business.
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Valeo's board of directors plans to ask shareholders for a "mulligan" today. The word come from golf and refers to the age-old practice of asking one's playing partners for another try after a really terrible shot.
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Indebted supplier Continental will examine a full merger with its ailing large shareholder, Schaeffler, that would create a company with some 33 billion euros ($45.6 billion) in sales.
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General Motors' Chevrolet brand and Ford Motor were among the biggest losers as the collapse in car sales in the Russia failed to find a bottom in May. Volume plunged 58 percent last month to 280,900, compared with May 2008.
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Indebted supplier Continental will examine a full merger with its ailing large shareholder, Schaeffler, that would create a company with some 33 billion euros ($45.6 billion) in sales.
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Wintertime can be pretty rough on cars. With some models, you could be chastised for even leaving your garage in un-tropical-like conditions. From the puzzled yet admiring look on people's face during my test week with the 2009 Porsche 911 Carrera 4S, I can tell you that many of them were thinking: ''Is he insane?''
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VILLENEUVE-LOUBET, France,Texas Instruments Incorporated (TI) (NYSE:TXN) today announced that Autoliv, the global leader in automotive safety, has selected Texas Instruments as the supplier of processors for its new night vision system. This system with pedestrian detection capability uses a digital media processor based on DaVinci(TM) technology from TI coupled with a single far-infrared sensor.
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"Don't Shrink it, Rethink it" with KVA. Consumers don't want smaller cars; they want to be comfortable and safe while driving their automobiles. KVA's materials and process will allow auto manufactures to meet mandated fuel efficiency requirements without having to sacrifice size, affordability or safety NOW!
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As the teams had their cars scrutinized for the Le Mans 24 Hours classic, Peugeot Sport threatens to protest the new Audi R15 TDI that recently won the 12 Hours of Sebring.
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In the eyes of fans seeking an unpredictable sporting spectacle, the result of Sunday's Turkish grand prix was "very, very bad".
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The FOTA, the Formula 1's teams association is yet to comment on a letter from FIA president Max Mosley that emerged late on Tuesday.
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There are presently no team orders at Brawn GP, but Brackley team's boss Ross Brawn has refused to rule out rethinking the policy later this season.
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Reigning world champion Lewis Hamilton has revealed that he felt like a volcano set to erupt when he discovered his new McLaren was not a race winner.
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BMW Group's EfficientDynamics programme gives customers outstanding fuel economy and low emissions without giving up driving enjoyment. This was recognised again this year at the What Car? Green Car Awards 2009.
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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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