Fiat S.p.A.'s boss has confirmed that the automaker wants to form an alliance with General Motors' German subsidiary Opel. "Now we have to concentrate on Opel.
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Fiat S.p.A.'s boss has confirmed that the automaker wants to form an alliance with General Motors' German subsidiary Opel. "Now we have to concentrate on Opel.
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Fiat S.p.A.'s boss has confirmed that the automaker wants to form an alliance with General Motors' German subsidiary Opel. "Now we have to concentrate on Opel.
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Mazda Motor Corp has increased its holding in its joint venture Chinese sales company FAW Mazda Motor Sales Co Ltd from 25% to 40% for US$7.26m.
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Italian Industry Minister Claudio Scajola has welcomed news of a deal between Chrysler LLC and Fiat, saying he would work to facilitate dialogue with Italian trade unions.
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Already financially stressed North American suppliers are feeling more pressure now that Chrysler has said it will temporarily idle much of its manufacturing capacity while it is in Chapter 11.
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The prospect that both Chrysler LLC and General Motors are about to fall under the control of the UAW and the U.S. government is seen by few as a recipe for the success of either automaker.
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When Cerberus Capital Management LP struck a $7.4 billion deal to buy Chrysler in May 2007, it made a big, risky bet that it could succeed in turning around an American icon.
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Toyota has said it will suspend operations at its plant in Baja California, Mexico, for eight days from Friday as part of the company's planned output adjustment.
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Australian engine technology company Orbital and China's Chongqing Changan Automobile Co have announced that they have entered into a development contract to jointly develop a concept engine.
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Standard & Poor's has said it may cut ratings on six North American auto suppliers after Chrysler's bankruptcy filing.
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Standard & Poor's has said it may cut ratings on six North American auto suppliers after Chrysler's bankruptcy filing.
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Jaguar Land Rover has confirmed that it is to begin selling saloon cars and sports utility vehicles in the Indian market later this year. The company said that it has reached agreement with Tata Motors Limited to be the importer.
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Mark IV has announced that it has filed for Chapter 11 of the US Bankruptcy Code.
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GMAC Financial Services has announced that it has entered into an agreement with Chrysler LLC to provide automotive financing products and services to Chrysler dealers and customers.
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Chrysler LLC's plan to emerge from bankruptcy hinges on an increasingly popular restructuring move -- the early sale of core assets into a separate company -- and that move, while controversial, may end up being what makes it work.
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The deal that could have saved Chrysler LLC fell apart over the objections of a handful of fund managers and touched off an immediate debate over the responsibility of investors and the role of government.
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Thousands of Chrysler LLC dealers who face the loss of floorplan financing will have an opportunity to sign up with GMAC by mid-May.
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PERTH, Australia, April 30 /PRNewswire-FirstCall/ -- Orbital Corporation Limited (ASX: OEC - "Orbital") and Chongqing Changan Automobile Co., Ltd of China ("Changan") are pleased to announce that they have entered into a development contract to jointly develop a concept engine.
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New research from IllicitEncounters.com shows that drivers of expensive cars are more likely to be unfaithful. The most common car driven by members of the extra-marital dating site was a black BMW.
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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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