Saab has selected three suitors for continued talks as it searches for a new owner, the loss-making General Motors unit said in a court filing on Tuesday.
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German partsmaker Continental's tire plant in Hanover, Germany, will remain open at least another year. On Tuesday, the company and worker representatives announced that the plant will keep operating until the end of 2010.
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Swedish carmaker Saab has selected three suitors for continued talks as it searches for a new owner, the loss-making General Motors unit said in a court filing on Tuesday.
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Daimler AG said today it has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc.
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Daimler AG said today it has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc.
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Daimler AG said today it has acquired an equity stake of nearly 10 percent of Tesla Motors Inc.
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The MiTo's bigger brother is getting closer to production and shaping up to be a real stunner
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Union leaders who met Tuesday with Fiat CEO Sergio Marchionne in Frankfurt said they are still not convinced the Italian company's takeover bid is the best for Opel.
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Times being what they are, it can feel like a tragedy at times in the auto industry. So obviously it's time for a little humor.
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AvtoVAZ has announced a loss of 6.33 billion roubles (approximately US$200m) in the first quarter to March 31. The result compares with a net profit of 281m roubles in the same period of last year.
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Hyundai Motor has said that it has signed an agreement with South Korea's foreign ministry to help South Korean embassies purchase more of its vehicles.
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The European market for electric vehicles (EVs) could potentially grow to 480,000 units by 2015, according to Frost & Sullivan, which said it had revised last year's forecast of 250,000 EVs by 2015 "due to changing supply dynamics".
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Car sales in Latvia this year have shrunk to a fifth of year-ago levels according to a local dealer body.
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Prime Minister Vladimir Putin's government is the driving force behind Russia's interest in General Motor's German affiliate Opel, analysts say.
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Prime Minister Vladimir Putin's government is the driving force behind Russia's interest in General Motor's German affiliate Opel, analysts say.
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AvtoVAZ will slash working hours starting in June, Russia's largest car maker said on Tuesday, less than two months after the government unveiled a massive bailout plan meant to keep auto workers employed.
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Samsung has begun producing the new (2010MY) SM3 compact car in South Korea.
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South Korea's top technology university has been reported to have developed a plan to power electric cars through recharging strips embedded in roadways, using a technology to transfer energy found in some electric toothbrushes.
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A congressional subcommittee has asked bankrupt Chrysler to provide documents on its planned factory closings, with the panel's chairman saying lawmakers were not given a full accounting of the matter.
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Bentley's new green car has been spied blitzing the Green Hell.
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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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