IMN Inc., which provides dealers with customized monthly electronic newsletters to send to customers and prospects, has been named a recommended service provider for Ford Motor Co. retailers.
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German bearings maker Schaeffler Group got a 1 billion euro ($1.35 billion) credit line from its banks to shore up its finances. The company has been burdened with billions of euros in debt since its takeover of larger rival Continental.
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German bearings maker Schaeffler Group got a 1 billion euro ($1.35 billion) credit line from its banks to shore up its finances. The company has been burdened with billions of euros in debt since its takeover of larger rival Continental.
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German Chancellor Angela Merkel's coalition government has agreed to increase funds for its car scrapping subsidy to 5 billion euros ($6.77 billion) from 1.5 billion euros, a government spokesman said.
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German Chancellor Angela Merkel's coalition government has agreed to increase funds for its car scrapping subsidy to 5 billion euros ($6.77 billion) from 1.5 billion euros, a government spokesman said.
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Two venture capital firms are pumping $85 million into Fisker Automotive Inc. as the California automaker gears up for production of its first hybrid car due this fall.
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Canada, taking a cue from the United States, will attempt to ease customers' concerns about an automaker bankruptcy by providing warranty guaranties on Chrysler LLC and General Motors vehicles. The program, valued at $185.
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The Canadian government must be prepared for General Motors or Chrysler LLC to go into bankruptcy protection, Industry Minister Tony Clement said. Clement told a news conference Tuesday that when the Canadian and U.S.
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BMW is hard at work on its new small SUV, the X1, and spy shooters have caught it during testing at Germanys famed Nürburgring.
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GM Daewoo Auto and Technology, the South Korean unit of General Motors, swung to a $663.7 million net loss in 2008, as massive foreign exchange bets to hedge overseas sales turned sour on a weaker won and declining exports, the company said today.
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GM Daewoo Auto and Technology, the South Korean unit of General Motors, swung to a $663.7 million net loss in 2008, as massive foreign exchange bets to hedge overseas sales turned sour on a weaker won and declining exports, the company said today.
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We're cruising through Beverly Hills, Calif., in the new 2009 Infiniti G37 convertible, top down, sunny day, following a beautiful Ferrari 360 Modena. Up next to us pulls a 40-ish woman with hair so orange it could be on a traffic cone.
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Moody's Investors Service said it still sees a 70 percent chance of bankruptcy for Detroit's automakers, given the difficulty of winning sweeping concessions from creditors out of court.
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Moody's Investors Service said it still sees a 70 percent chance of bankruptcy for Detroit's automakers, given the difficulty of winning sweeping concessions from creditors out of court.
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Volkswagen will overtake General Motors this year as the world's second largest automaker by volume, market research company RL Polk Germany has said.
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BMW is cautiously optimistic about the rest of 2009 because of a less severe decline in its global sales last month. "The 17.2 percent decrease in March was smaller than in previous months," BMW sales boss Ian Robertson said in a statement today.
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Premier Dalton McGuinty has said the Ontario provincial government, which is facing a record C$14.1bn deficit this year, will not provide direct aid to its ailing auto parts makers.
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American car giant General Motors and scooter manufacturer Segway have joined forces to develop a new two-seat electric vehicle for urban streets.
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Stunning drop-top teased ahead of New York Motor Show launch
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It's based on the same driving principles as a skateboard, and it looks like a phone booth, or perhaps a baby stroller. But General Motors says a two-seat, two-wheel ride called PUMA could help loosen congestion in crowded urban areas.
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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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