Austrian-Canadian car parts maker Magna International wants to help Opel but it is too early to say what role it will play, Magna founder Frank Stronach said in a newspaper interview on Wednesday. "We don't see ourselves as a white knight.
Full story...
Barack Obama is planning to announce Thursday morning that Chrysler LLC will file for Chapter 11 bankruptcy protection as it completes an alliance with Fiat S.p.A., Bloomberg News reported, citing people familiar with the matter.
Full story...
Ford Motor Co. expects a modest improvement in sales in the second half of 2009. But the automaker won't be cranking up production until demand actually materializes, said George Pipas, Ford's sales analysis and reporting manager.
Full story...
Ford Motor Co. expects a modest improvement in sales in the second quarter of 2009. But the automaker won't be cranking up production until demand actually materializes, said George Pipas, Ford's sales analysis and reporting manager.
Full story...
With Chrysler LLC's bankruptcy prospects still up in the air, the company extended its major incentive programs through Monday, May 4.
Full story...
The annual Petersen Automotive Museum's fundraising event on May 7 promises to be fun, fun, fun when Beach Boy Brian Wilson and his band take the stage.
Full story...
How ironic that General Motors is launching the excellent Chevrolet Cruze compact sedan just as the parent company faces the question of its very survival.
Full story...
How ironic that General Motors is launching the excellent Chevrolet Cruze compact sedan just as the parent company faces the question of its very survival.
Full story...
Corinne Ball, the charismatic and hard-charging lead bankruptcy attorney for Chrysler LLC, is likely finding every one of her negotiating skills pushed to its limit this week.
Full story...
The mild redesign of Porsche's 911 range will get to the ultra-high-performance GT3 RS model, based on these spy shots.
Full story...
In today's News Brake: The FIA slaps Formula One team McLaren on the wrist and says don't lie again; the end of Saturn will cut into General Motors' hybrid sales; and the Ford Fusion Hybrid is quite the gas sipper ... But Wait, There's More!
Full story...
PARIS -- Renault reported Wednesday a massive drop in revenues during the first quarter of 2009, but signaled that inventories were declining as scrapping incentives across Europe boosted new-car orders above levels seen during the same period in...
Full story...
Chrysler is continuing to make progress to complete a proposed alliance with Fiat and qualify for additional government loans, Chrysler CEO Bob Nardelli said on Wednesday.
Full story...
Iran Khodro (IKCO) will begin exporting its newly introduced car, Runna, to Turkey by July, according to the firm's Turkish distributor.
Full story...
General Motors has received European regulatory approval for its debt for equity swap.
Full story...
PSA Peugeot Citroën's Mulhouse and Sochaux plants have launched pilot projects to process engineer the new 'HYbrid4 hybrid diesel 4WD' technology.
Full story...
Renault's worldwide group sales fell 22.4% in the first quarter, in line with global market trends, the automaker said on Wednesday.
Full story...
General Motors says it will repurchase unsold new vehicles and parts from dealers whose franchise agreements are terminated, but the automaker won't compensate dealers for the loss of the franchise.
Full story...
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