General Motors said it plans to hold a press briefing on Monday, June 1, around mid-day, presumably to announce plans to seek federal bankruptcy protection.
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This may be the most natural progression from the car world to art: Rinspeed, the master of the offbeat concept, is launching an auto-themed collection of contemporary prints.
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General Motors Vice Chairman Bob Lutz says he expects to continue as a part-time adviser to GM after retiring at year's end. Lutz, 77, is serving as a senior adviser for the remainder of the year, focusing on product development and design.
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General Motors has made important progress during its restructuring even if it needs to file for bankruptcy to finish the job, the White House said on Friday.
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In today's News Brake: Dale Jr. is unhappy with his on-track performance, Aston Martin wants to join the Formula One grid and a legendary Corvette is headed for the auction block ... But Wait, There's More!
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U.S. auto parts maker Visteon Corp. received interim court approval today to pay wages, benefits and payroll taxes while in bankruptcy. The approval came during a hearing in U.S. Bankruptcy Court in Delaware.
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Feeling the sting of operating losses around the world, Nissan Motor Co. and its French alliance partner Renault SA have assigned a task force to squeeze more savings out of shared vehicle platforms, assembly plants and purchases.
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General Motors said Friday that it plans to build a small, fuel-efficient car in the United States that will compete in the B-segment as the company tries to comply with stiffer mileage mandates recently proposed by the Obama administration.
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General Motors' potential tagline in bankruptcy: "GM. Yes, we can."
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General Motors hourly workers represented by the UAW overwhelming approved contract concessions this week in advance of GM's probable bankruptcy filing. The GM rank-and-file voted 74 percent in favor of the contract, the UAW announced today.
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General Motors hourly workers represented by the UAW overwhelming approved contract concessions this week in advance of GM's probable bankruptcy filing. The GM rank-and-file voted 74 percent in favor of the contract, the UAW announced today.
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Toyota wants to send its dealers back to school -- sales college to be exact. Starting June 1, class is in session at the newly christened Toyota Sales Logistics College at the company's headquarters in Toyota City.
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Toyota wants to send its dealers back to school -- sales college to be exact. Starting June 1, class is in session at the newly christened Toyota Sales Logistics College at the company's headquarters in Toyota City.
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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