The senior labor leader at Porsche AG, the sports car business entirely owned by heavily indebted Porsche Automobil Holding SE, rejected any sale to Volkswagen AG and called on the owners to raise fresh capital.
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Ford will spend $550 million to retool an assembly plant in suburban Detroit to build the redesigned 2011 Ford Focus.
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Ferrari racers have always worn red. But black has been the standard-bearer for the company so far this year, as the Prancing Horse turned a $72 million trading profit in the first quarter.
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Ford said today it would spend $550m to turn its Michigan assembly plant into "a lean, green and flexible manufacturing complex" to build the next-generation Focus including a new battery-electric version for North America.
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Ford Motor Co. is spending $550 million to retool its Michigan Assembly Plant for production of the redesigned 2011 Ford Focus. Focus production begins next year, followed in 2011 with assembly of a battery-electric Focus.
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Ford Motor Co. is spending $550 million to retool its Michigan Assembly Plant for production of the redesigned 2011 Ford Focus. Focus production begins next year, followed in 2011 with assembly of a battery-electric Focus.
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Our amazing pictures show what’s in store for sensational new version of Renault hot hatch – and reveal how the standard model will look, too
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Development of V12 TDI supercar halted as bosses blame drop in US diesel demand
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Soft top option becomes available for the 911 rival as early as next year
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Citroen is the first four-seat electric car on sale in Britain
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Works F1 hatch to top bill at MINI United celebration
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Spiritual successor to 200SX promises blend of stunning looks and sizzling performance
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Saab Automobile would welcome talks with Fiat about a takeover though no talks have taken place so far, a spokesman said on Wednesday.
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Take the gorgeous body from a Volvo P1800 Coupe, add a modern turbo-charged V8 and here's what you get...
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It's official - Citroen confirms flagship DS5! Auto Express has the best pictures...
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Second potential merger in a matter of weeks could transform Fiat into one of the world's largest manufacturers
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General Motors has detailed plans to all but wipe out the holdings of remaining shareholders by issuing up to 60bn new shares in a bid to pay off debt to the US government, bondholders and the United Auto Workers union.
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A union leader at Toyota's Venezuelan unit was shot dead by gunmen on Tuesday, a few weeks after the Japanese automaker said it might leave the country because of chronic labor problems, news agency reports said.
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MILAN (Reuters) -- Italian car registrations are expected to reach 2 million to 2.1 million in 2009 and Fiat S.p.A.'s market share should remain at 35 percent, the director general of Italy's carmakers association, ANFIA, said on Wednesday.
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BMW has reported a first quarter after tax loss of EUR152m compared with a EUR487m profit a year ago.
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