In today's News Brake: We catch a glimpse of the replacement for the Chevrolet Aveo; GM says it has 16 suitors for Saturn; and Ian Callum talks a bit about the redesigned Jaguar XJ sedan ... But Wait, There's More!
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New car sales data for Germany released by the KBA shows that the scrappage incentive in Germany is continuing to give the car market a shot in the arm.
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Mazda said on Wednesday that Neil Warrior, the company's head of European product communications, was traveling on an Air France flight that crashed near Brazil.
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GM is considering developing a car for India that would be priced and positioned below its Chevrolet Spark minicar model according to an Indian media report.
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Despite the global downturn in sales Magyar Suzuki in Hungary still produced a record number of vehicles last year.
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Troubled Ssangyong has said it will call in riot police to end the occupation of its plant by striking workers unless they disperse by early next week.
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Official VFACTS data released by the Federal Chamber of Automotive Industries (FCAI) shows that 75,439 passenger cars, SUVs and commercial vehicles were sold in May 2009 - down 14.9% compared to the same month in 2008.
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The U.S. trustee for General Motors selected a 15-member committee of general unsecured creditors on Tuesday, said sources who attended the organizational meeting. The committee includes creditors such as the Pension Benefit Guaranty Corp.
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Toyota in the US has said that is adding 65,000 vehicles this summer to its planned production schedule.
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Chery Automobile Co has sold a 20% stake in its business to private equity groups, according to reports today.
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There were zillions of gaming aids at E3, but we only have room for three:
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Mazda Motor Europe has confirmed that Neil Stuart Warrior, Director of Public Relations, was a passenger on Air France flight 447 from Rio to Paris.
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General Motors will emerge a stronger, more competitive company after bankruptcy, but it will take time and the supply base will suffer along the way, and many may face bankruptcy themselves, according to the US-based Society of Automotive Analysts (SAA).
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As Chrysler and General Motors sort through messy restructuring processes in bankruptcy court, its worth noting that there is a bright light at the end of the tunnel for both companies, if everything goes well.
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The assembly of Opel branded cars in GAZ-owned Russian facilities may begin as early as the end of this year, according to a Russian government official.
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General Motors will retain responsibility for its pension plans for hourly and salaried employees under the bankruptcy reorganization plan worked out with the U.S. government.
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General Motors CEO Fritz Henderson reluctantly agreed Wednesday to comply with a senator's request to turn over the bankrupt automaker's list of dealerships to be eliminated.
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General Motors and Chrysler will save billions of dollars by eliminating a total of 3,400 underperforming dealerships selling discontinued brands over the next two years, GM CEO Fritz Henderson and Chrysler President James Press said today.
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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