Hayes Lemmerz International Inc. said on Monday it filed for Chapter 11 bankruptcy protection. The company said lenders holding a majority of its secured debt have reached an agreement regarding a restructuring of the company's debt.
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Wheel maker Hayes Lemmerz International Inc. said on Monday it filed for Chapter 11 bankruptcy protection, the company's second bankruptcy filing over the past decade.
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Bob Sinclair, the American marketing executive who pushed Saab to design more luxurious cars and created one of the Swedish automaker's most iconic vehicles -- the 900 Convertible -- died Sunday at his home in Santa Barbara, Calif.
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General Motors stock plunged to a 76-year low today, a day after a group of its executives disclosed they had sold shares in the struggling automaker.
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General Motors stock plunged to a 76-year low today, a day after a group of its executives disclosed they had sold shares in the struggling automaker.
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Six General Motors executives disclosed on Monday they sold almost $315,000 in stock and liquidated their remaining direct holdings in the struggling automaker. In filings with U.S.
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Chrysler LLC's lawyers have taken the unusual step of asking a judge to give their fees special priority, which attorneys on the case said suggests unsecured claims such as trade debts won't be paid.
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Ford Motor Co. said today that it would sell 300 million common shares and use part of the proceeds to pay off its health-care obligations to the UAW under the terms of a recently concluded deal with the union.
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General Motors plans to sell cars in the United States that it makes in China, starting in 2011. That could make GM the first major automaker to import Chinese cars to the U.S. market.
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Visteon Corp. said in a regulatory filing on Monday that it is in discussions with lenders to restructure its debt and could be forced to file for bankruptcy protection if those efforts fail.
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Bob Sinclair, the American marketing executive who pushed Saab to design more luxurious cars and created one of the Swedish automakers most iconic vehicles--the 900 Convertible--died on May 10 at his home in Santa Barbara, Calif.
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Ford Motor Company has ushered in new, extreme tests - such as ramming shopping carts into car doors and blasting water cannons to force vehicles into skids - to fine tune new, industry-leading safety technologies for its mainstream vehicles.
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Non-equal parts serious race car driver and showman, Canadian Paul Tracy says there's nothing unlucky about his 13th starting position for the Indianapolis 500.
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PHOENIX,-- U-Haul, the number one choice for do-it-yourself household movers, has been serving the needs of communities throughout North America since 1945. Our customers have shared many helpful tips over the years, which we would like to pass along to the estimated 17 to 20 million North Americans who will move this summer.
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As predicted as the budget cap row escalates, Ferrari on Tuesday threatened to quit formula one if the FIA does not do a u-turn on its proposed rules for 2010.
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Former Formula 1 World Champion Michael Schumacher was injured more seriously in his February motorcycling crash than he let on, the authoritative Swiss newspaper Blick claims.
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The GLK350 is a completely new vehicle for Mercedes-Benz. It addresses a gap in their SUV/crossover lineup that until now had buyers of compact SUVs shopping elsewhere. Loyal Mercedes-Benz owners can now remain with the premium manufacturer while conforming to the "less is more" trend that's dominating the automotive marketplace of late.
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Ford Motor Company has ushered in new, extreme tests - such as ramming shopping carts into car doors and blasting water cannons to force vehicles into skids - to fine tune new, industry-leading safety technologies for its mainstream vehicles.
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Ferrari Formula 1 driver and former F1 champion Kimi Raikkonen is set to contest yet another professional rally.
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Bernie Ecclestone said after a meeting with Donington's Simon Gillett that Great Britain could be absent from the calendar for a year and then return in 2011.
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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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