In today's News Brake: We see a rockin' turbo in the Scirocco; the ruling is in on Ferrari v. the FIA, and the Touareg slims down...But Wait, There's More!
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In today's News Brake: We see a rockin' turbo in the Scirocco; the ruling is in on Ferrari v. FIA, and the Toureg slims down...But Wait, There's More!
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California is planning the next stage of clean-car standards even as President Obama announces federal plans based on the state's model, its top climate change official said on Tuesday.
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Magna International aims to create a European-Russian automaker that produces up to 5 million cars a year, German daily Rheinische Post said, citing company sources.
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Fiat CEO Sergio Marchionne is convinced that a merger of Fiat Group's car business with Opel is the best chance of survival for General Motors' German subsidiary.
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RHJ International has historically invested heavily in Japan and also focused on the automotive parts sector. It has expressed an interest to diversify geographically, particularly in Europe.
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GM Canada, whose 27 April operating plan included a dealer reduction of about 42%, said it advised dealers on Wednesday "of the specifics of our network consolidation plan, including the identification of dealers whose sales and service agreement would not be renewed following expiry in October 2010".
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Cooper-Standard Holdings has reported a US$55m net loss for the first quarter, compared to net income of $15.7m for the same period of 2008, due to significantly lower sales, increased restructuring and reorganisation costs and unfavourable foreign exchange.
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Dealers who object to Chrysler LLC's termination of their franchises are using personal stories to buttress their case. The Committee of Chrysler Affected Dealers filed a motion yesterday objecting to Chrysler's proposed asset sale and asking the U.
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Dealers who object to Chrysler LLC's termination of their franchises are using personal stories to buttress their case. The Committee of Chrysler Affected Dealers filed a motion yesterday objecting to Chrysler's proposed asset sale and asking the U.
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Fuji Heavy Industries has launched a redesigned, bigger and more powerful Subaru Legacy car line as company president Ikuo Mori said the automaker was planning to launch a hybrid as early as 2011 to meet stricter environmental regulations.
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With much of the running for greater collaboration between BMW and Daimler coming from Stuttgart, some analysts believe that BMW's reluctance to get closer to its arch rival is misplaced.
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Skoda has won an internal Volkswagen Group tender to produce a range of transmissions for a new small family car.
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Schaeffler has confirmed it is considering a plan that could see it merge with Continental as the junior partner, reversing last year's massive debt-incurring bid to take over its far bigger rival.
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Next-generation SUV grows in size but sheds the pounds!
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General Motors said on Wednesday it expected at least three bidders for a stake in Opel to hand over plans to the German government ahead of a 1600GMT deadline.
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After the first four months of this year, two things are clear in the Colombian automotive market: sales have fallen 22.7% but 2009 is nonetheless third by volume at this stage since record-keeping began.
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General Motors will suspend operations in Venezuela for at least three months from June due to falling sales and government import and currency restrictions.
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The Swedish government is upbeat about the future of carmaker Saab after recent meetings with potential buyers of the loss-making General Motors unit, a senior government official said on Wednesday.
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The Swedish government is upbeat about the future of carmaker Saab after recent meetings with potential buyers of the loss-making General Motors unit, a senior government official said on Wednesday.
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