Bankrupt Delphi has won interim court approval of a two-week extension of the deadline for it to reach a funding agreement with General Motors, Reuters reported, citing court documents.
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A group of Chrysler lenders that opposed the government's restructuring plan for the auto maker has been forced to disband after two of its five members backed out, people familiar with the matter told the Wall Street Journal (WSJ).
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Hyundai on Friday threatened to move production of its new i20 hatchback to Europe from India due to labour trouble, which would hinder the country's plan to become a global car export hub.
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Home of the best Barcelona Motor Show news, Auto Express's team of journalists are at this years Spanish expo bringing you all the latest news.
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Fuji Heavy Industries Ltd., the maker of Subaru brand vehicles, is forecasting a second straight year of losses but sees North America as a rare bright spot. The company swung to an operating loss of and#165;5.8 billion, or $59.
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Fuji Heavy Industries Ltd., the maker of Subaru brand vehicles, is forecasting a second straight year of losses but sees North America as a rare bright spot. The company swung to an operating loss of and#165;5.8 billion, or $59.
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Another extraordinary week in the fascinating autobiz has whizzed by, helped a little by the fact that Monday was a public holiday here in the UK. Key topics these recent days: the post-Chapter-11-filing processes surrounding Chrysler, some grim Q1/full fiscal year results, ongoing GM restructuring and a certain Signor Marchionne.
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A dissident group of Chrysler LLC lenders that has been challenging the carmaker's proposed merger with Fiat S.p.A. is disbanding after two of its five members withdrew, a lawyer for the group said today.
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A dissident group of Chrysler LLC lenders that has been challenging the carmaker's proposed merger with Fiat S.p.A. is disbanding its effort after two of its five members withdrew, a lawyer for the group said today.
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Delphi Corp. won interim court approval of a two-week extension of the deadline for it to reach a funding agreement with General Motors, according to court documents.
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Ssangyong said Friday that operations at its two domestic plants have been halted as union workers protested against the company's plans to layoff thousands as part of a viability plan.
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Vietnam's auto trade association has said that car sales in Vietnam declined by 38% in the first four months of this year.
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It took a bankruptcy for Chrysler LLC to return to network TV. The automaker, which has been operating since last Friday under Chap.
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The key selling point for Toyota's fully redesigned second generation Lexus RX450h SUV is a 23% fall in CO2 emissions from its predecessor's 192g/km to just 148g/km; paying CO2 tax at B or C-segment hatchback level for a medium-large, fully-loaded SUV is not at all bad.
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German regional governments said on Friday that Fiat still had not presented a convincing strategy to merge General Motors' Opel unit with Fiat's car business.
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German regional governments said on Friday that Fiat still had not presented a convincing strategy to merge General Motors' Opel unit with Fiat's car business.
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Two years ago, the hot-rodding world pulled out all the stops to celebrate the diamond jubilee of the iconic 1932 Ford, the hot-rodder's hot rod.
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It should not be a surprise, as General Motors scrambles to cut costs and cars sit unsold on dealers' lots, that the automaker is cutting high-performance versions of several vehicles for the 2010 model year.
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Automaker across the European Union (EU) will from next April have to issue comprehensive and detailed certificates of conformity with each new vehicle illustrating compliance with EU technical standards.
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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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