United Auto Workers officials have unanimously endorsed a new cost-cutting labour agreement with General Motors, paving the way for a quick ratification this week.
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Kamaz has said in a statement that it is suspending operations on its main production line until June 8.
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A new study suggests that more than 1.3 million U.S. jobs -- and up to $68.7 billion in personal incomes -- could be lost in the first year if Chrysler LLC and General Motors endure "lengthy and disorderly" bankruptcies.
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Cadillac is enhancing its line with a redesigned 2010 SRX and the addition of the 2010 CTS wagon. Both vehicles go on sale in late summer.
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Cadillac is enhancing its line with a redesigned 2010 SRX and the addition of the 2010 CTS wagon. Both vehicles go on sale in late summer.
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Figures released by ACEA show that new commercial vehicle registrations in Europe declined by 42.4% year-on-year in April to 139,870 units as the economic downturn continued to hit businesses and the transportation sector.
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The global auto sector faces a bleak near-term outlook, with sales expected to fall 13% this year and with scrapping premiums unlikely to have a long-term positive impact, according to Moody's Investors Service.
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The British government's business secretary Peter Mandelson has been involved in the negotiations over Opel's future, holding talks with the head of GM and GM Europe in an effort to ensure that any deal protects two GM-owned plants in Britain, the Financial Times reported.
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Bidders for General Motors' German unit Opel were being urged today to improve their offers ahead of an evening meeting with the German government that was set to narrow the field of potential investors. Here are key elements of the bidders' plans:
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Chrysler LLC looks set to clear its last major hurdle in its sprint through bankruptcy court as soon as Thursday, when a judge is expected to overrule more than 340 objections and approve its sale to a group that includes Italy's Fiat.
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Honda Motor plans to launch a petrol-electric hybrid Fit (Jazz) subcompact about 18 months ahead of schedule in autumn 2010, the Nikkei business daily reported on Wednesday.
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The contest between the three main bidders for Opel appears to be descending into horse-trading over who can guarantee the least job cuts in the short term, a UK-based analyst said in a research note.
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Keep an eye on your rear view mirror – the XF is now on the beat
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BMW reveals showroom-ready version of exec ‘hatch', which gets Skoda-style boot opening
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Estate variant is fourth Golf bodystyle to choose from - arrives in November
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The Polo just got a whole lot stronger! This fiery little number is one of two cars from VW at this year’s GTI meeting in Wörthersee, Austria – where Audi and VW fans gather to celebrate their shared passion.Known as the Polo Wörthersee 09, the car offers a glimpse at how a high-performance GTI could shape up.
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Fiat plans all-wheel-drive version of city car star based on forthcoming estate model
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Volvo’s Sixties classic gets modern makeover with power from XC90's V8 turbo
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Supermini showcases best bits from Scirocco
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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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