PSA/Peugeot-Citroen is boosting production at its factory in Mulhouse, eastern France, to meet raising demand caused by scrapping incentives in Europe's key markets.
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PSA/Peugeot-Citroen is boosting production at its factory in Mulhouse, eastern France, to meet raising demand caused by scrapping incentives in Europe's key markets.
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Struggling British vanmaker LDV narrowly avoided collapse on Wednesday after a last-minute government bridge loan to allow Malaysian vehicle importer Weststar to buy out the Russian-controlled company.
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The US Bankruptcy Court yesterday gave interim approval to Chrysler for US$4.1bn of debtor-in-possession (DIP) financing, funded by the US treasury and Export Development Canada, and the use of $400m of cash collateral, enabling the company to meet its working capital and general business needs under Chapter 11 bankruptcy protection.
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New 6-series Convertible on track for 2011 debut
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Russian carmaker GAZ is reviewing an invitation to join a group bidding for General Motors' European business, center around Opel, a German newspaper reported citing a GAZ spokesman.
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Russian carmaker GAZ is reviewing an invitation to join a group bidding for General Motors' European business, center around Opel, a German newspaper reported citing a GAZ spokesman.
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Russian carmaker GAZ is reviewing an invitation to join a group bidding for General Motors' European business, center around Opel, a German newspaper reported citing a GAZ spokesman.
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The sale of British vanmaker LDV to Malaysian partner Weststar has been agreed, a company spokesman has confirmed.
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The UK government is expected to make a statement later on Wednesday on the future of vanmaker LDV after last-minute talks on a rescue package last night and the deferment of a court administration hearing this morning.
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The UK government is expected to make a statement later on Wednesday on the future of vanmaker LDV after last-minute talks on a rescue package last night and the deferment of a court administration hearing this morning.
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The UK government is expected to make a statement later on Wednesday on the future of vanmaker LDV after last-minute talks on a rescue package last night.
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Sweden's Saab Automobile, owned by ailing U.S. auto maker General Motors, would welcome talks with Italy's Fiat S.p.A. about a takeover, Saab said on Wednesday.
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The trend in both Europe and the US is toward increasing complexity of door componentry, adding more electronic functions and, in some cases, the glass itself. There are, however, still some significant hurdles to cross before the industry sees the complete door in volume production. Matthew Beecham re-opens just-auto's annual review of door systems.
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It's official! The Meriva will feature suicide doors for added practicality
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GMAC Financial Services has booked a first quarter 2009 net loss of $675m, compared to a net loss of $589m in Q1 2008 due to continued pressure on its mortgage and auto finance operations as the number of bad loans rose.
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Powertrain and safety technology specialist Federal-Mogul Corporation has reported a first quarter 2009 net loss of US$101m on sales down 27% to $1.24bn.
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Hamilton and McLaren beat ban after top boss sweet-talks the FIA
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Possible fall-out over budget cap set to keep F1 exciting
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BMW, the world's largest premium automaker, swung to a first-quarter operating loss amid sinking sales of luxury cars like the X3 premium SUV and refused to give a profit forecast for the full year.
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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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