Lender GMAC LLC may provide financing to Chrysler dealers and customers, Chrysler's bankruptcy judge said today, enabling dealers to boost their inventories of vehicles again.
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In today's News Brake: We sneak a look at the upcoming Maserati GranTurismo convertible; we remember brilliant former Saab executive Bob Sinclair; and some General Motors executives jump through the "window" to sell their stock ...
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BMW's CEO is concerned that making compact vehicles jointly with rival Mercedes-Benz of Daimler or merging their financial services operations could be a danger, he told a German newspaper. "There are clear limits.
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The Canadian Auto Workers said today it is working hard to reach a new contract agreement with General Motors of Canada ahead of a government imposed deadline of May 15, but cautioned there are no guarantees a cost-saving deal will be reached.
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Honda's new 'lower cost' Insight hybrid was the best-selling car in Japan last month, with a tally of 10,481 units, according to the Japan Automobile Dealers Association. It was the first time a hybrid model has topped the monthly sales charts.
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General Motors would have to provide adequate warning if it planned to file for bankruptcy protection or it would risk bringing further distress to the automotive industry, Canada's industry minister has said.
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Fiat would remain firmly in Italy, its chairman has said, apparently trying to allay union gears over a possible merger with Opel.
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The collapse of the Russian car market continued and got worse in April as sales of new vehicles fell 53% year on year, compared with the 47% fall in March.
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German financial markets regulator BaFin has started an investigation into possible market manipulation by Porsche linked to its attempt to take over Volkswagen, it was reported on Tuesday.
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Chrysler LLC dealers who fear they will lose their franchises as a result of the automaker's consolidation plan have formed a committee and have hired lawyers to represent their interests.
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Chrysler LLC dealers who fear they will lose their franchises as a result of the automaker's consolidation plan have formed a committee and have hired lawyers to represent their interests.
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Drivers of the new Mercedes SLK will be able to get hot under the collar for all the right reasons. After bringing you exclusive official pictures of the car last week, we can now reveal the interior - including a neat optional extra.

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It's been the worst-kept secret for years, but at last Mercedes has come clean and released official pictures of the new SLK - and it has still managed to give us a few surprises.

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Hyundai affiliate Kia Motors expects 2009 sales to match 2008's volume as demand grows for smaller cars, its president said on Tuesday.
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Carlos Ghosn, CEO of both Nissan Motor and Renault, on Tuesday said he would not resign from the post at the Japanese automaker at least until it was profitable again.
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The future of the Renault car assembly plant in Valladolid, Spain, is currently under discussion.
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Suzuki Motor Co. will make no more vehicles in North America this year, but CEO Osamu Suzuki says he remains committed to the CAMI venture with General Motors.
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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