Eye-catching two-seater drop-top is set to be firm’s fastest, most daring model to date – and it will go head-to-head with Mazda MX-5 and Honda CRZ.
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Chrysler LLC plans to provide a fleet of 250 all-electric Chrysler Town and Country concept minivans to the U.S. Postal Service, the company said today in an announcement geared to coincide with Earth Day.
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Swedish auto safety systems specialist Autoliv has reported a year on year decline in first quarter consolidated net sales of 49% to US$927m due to a 45% drop in North American and west European light vehicle production.
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Eaton Corporation, a supplier of truck and automotive drivetrain and powertrain systems, has a net loss per share of US$0.30 for the first quarter of 2009 versus net income of $1.64 a share in Q1 2008.
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Kamaz has signed a deal with the diversified conglomerate Vectra Group to build trucks for the Indian market, local press reported today.
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Noble International has received a letter from the The Nasdaq Stock Market saying that the auto supplier may be delisted from the stock market.
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General Motors' bondholders are likely to reject an offer to exchange debt for equity, research firm KDP Investment Advisors has said.
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PSA Peugeot Citroen launched its updated C4 line for China at the Shanghai International Motor Show this week.
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The sale of the Brazilian commercial vehicle business for about EUR600m to MAN helped the Volkswagen Group post an operating profit for the first quarter of 2009 of EUR312m, down 76% from EUR1,311m a year ago.
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The supervisory board of PSA Peugeot Citroën has appointed Jean-Marc Gales as executive vice president of the Citroën brand and a member of the managing board.
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The UK government's scrappage scheme announced today may add just 100,000 units to the UK car market in 2009 according to an analyst at JD Power.
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Maserati North Americas CEO has stepped down after less than a year in charge, the company said Tuesday.
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Automotive mirror producer Gentex Corp. posted its second straight quarterly loss, hurt by a steep decline in vehicle production levels, and forecast a 30 percent drop in revenue for the current quarter.
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Volkswagen has recently introduced the fuel-efficient BlueMotion sub-brand in Brazil with the Polo but with one crucial difference: the South American car has a petrol/ethanol engine rather than the diesel used in Europe.
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The British government has announced a scrappage incentive that could boost new-car sales by up to 300,000 in the next 10 months.
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The British government has announced a scrappage incentive that could boost new-car sales by up to 300,000 in the next 10 months.
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The UK government on Wednesday said it would introduce an incentive scheme to encourage owners of cars at least 10 years old to trade them in for a new model. The move was immediately welcomed by the Retail Motor Industry Federation (RMIF) which represents car dealers and service centres.
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The UK government on Wednesday said it would introduce an incentive scheme to encourage owners of cars at least 10 years old to trade them in for a new model. The move was immediately welcomed by the Retail Motor Industry Federation (RMIF) which represents car dealers and service centres.
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The latest debt reduction offer by Chrysler lenders is unacceptable because it would yield the lenders an unjustified return, an Obama administration official has said.
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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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