General Motors has no plans to scrap its Vauxhall brand, says CEO Fritz Henderson.
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In today's News Brake: GM slams the brakes on Pontiac and Saturn; Aston Martin's One-77 is an award winner; and Mercedes-Benz and BMW think about bringing four-cylinder engines back to the U.S. market ... But Wait, There's More!
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Autobytel Inc.'s board is recommending stockholders reject a buyout offer from Trilogy Enterprises Inc., calling the cash offer of 35 cents per share "grossly inadequate." In a statement filed today to the U.S.
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General Motors announced a new restructuring plan Monday that includes aggressive debt reductions, dealership closures and job cuts. Here are details of the automaker's accelerated steps:
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I realize theres little room for sentimentality in todays cutthroat world of the automotive business, especially in a recession.
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General Motors CEO Fritz Henderson says he plans to make changes the automaker's top leadership. "We're going to be looking at how we run the company.
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General Motors CEO Fritz Henderson says he plans to make changes the automaker's top leadership. "We're going to be looking at how we run the company.
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General Motors' bid to reduce debt with a bond-exchange offer is destined to fail, an analyst at credit research firm KDP Investment Advisors Inc. said.
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The Russian car market could fall by 60% this year, according to a Russia government minister's reported remarks.
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Several Japanese companies have stepped up their state of alert following the outbreak of swine flu in Mexico and the US, deciding to introduce countermeasures such as banning employees from travelling to Mexico.
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Daimler is talking with private equity investor Cerberus Capital Management about selling the German automaker's remaining 19.9% stake in Chrysler.
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Mitsubishi Motors plans to boost annual output of the i MiEV electric car to 30,000 units around fiscal 2013 as Japan and other nations extend financial support to promote the use of eco-friendly cars, company president Osamu Masuko said on Monday.
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Chinese automaker Geely has visited Saab Automobile which General Motors is selling, a Swedish media report said on Monday.
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Nissan has said it plans to start series production at its new car assembly plant in St Petersburg on June 3.
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The Aston Martin Project One-77 finally broke cover--completely--this weekend at the Concorso dEleganza event in Italy.
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The Aston Martin Project One-77 finally broke cover--completely--this weekend at the Concorso dEleganza event in Italy.
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German politicians would rather Magna take over Opel while Fiat would keep all four German Opel sites in production, though not necessarily at current levels, media reports said on Monday.
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In a revised viability plan filed with the government today, General Motors said it will market its four core brands through three channels. GM also has mapped out which dealers are likely to be eliminated in its 163 major U.S.
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In a revised viability plan filed with the government today, General Motors said it will market its four core brands through three channels.
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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