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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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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Tata Motors has said it is in discussion with its lenders to refinance the remaining portion of the US$3bn bridge loan it has taken to fund its acquisition of Jaguar Land Rover.
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The European Investment Bank (EIB) on Tuesday approved loans worth EUR866m to European-based car makers to help design and build cleaner cars with lower CO2 emissions.
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Tata Motors dealers have sold over 51,000 forms for the Nano in just five days since they became available from April 1, according to Indian media sources.
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Keith Wandell, who in December told Congress that the supply chain would "implode" if a Detroit automaker went bankrupt, is resigning as president of supplier Johnson Controls Inc. to head iconic motorcycle maker Harley-Davidson Inc.
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Keith Wandell, the president of auto-parts supplier Johnson Controls Inc., has resigned to lead motorcycle maker Harley-Davidson Inc. Wandell, who is also COO of Johnson Controls, will take over from Harley president and CEO Jim Ziemer on May 1.
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Nissan, Land Rover and Volkswagen will receive 866 million euros ($1.2 billion) worth of loans to develop cleaner cars, the European Investment Bank said Wednesday.
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The Czech Republic's car importers' association has said that falling demand for company cars has helped to push new registrations down by a year-on-year 16.4% in the first three months of the year.
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Mitsubishi Motors Corporation's (MMC) Canadian subsidiary has signed a deal with the the Government of British Colombia, the City of Vancouver, power company BC Hydro, and Mitsubishi Canada Limited for feasibility testing of the zero-emissions i MiEV 1 electric vehicle.
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Toyota has developed a claimed world first for the new-generation Prius recently launched in Japan and due soon in export markets - plastic components made from plants that could be grown in any backyard.
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Fisker Automotive is to receive an additional US$85m in venture capital funding for the development and manufacturing of its Karma plug-in hybrid automobiles, the company has said.
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GAZ Group reportedly has offered to make the first payment of 500m rubles on a defaulted 5b ruble bond issue in April-June.
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Belarus is offering incentives including tax breaks to car companies willing to set up assembly plants in the country.
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Spy shot reveals new look for flagship model – changes under the skin too...
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Toyota resumed Russian Camry production on Tuesday.
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The Obama team appears to be moving GM toward a quick, 'surgical,' pre-packaged bankruptcy, but parts of Wall Street remain deeply skeptical that it's actually doable. Is this what one appalled financial outlet called "high-stakes brinkmanship"? John Voelcker reports from Manhattan.
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GAZ Group is looking for partners to increase production at its UK LDV van plant LDV, deputy CEO Vadim Sorokin said on Monday.
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Daimler's luxury brand Mercedes-Benz received 50,000 orders for its new E-class sedan prior to its launch at the end of March, the company said on Tuesday.
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The head of partly state-owned automaker and Renault JV partner Iran Khodro has been replaced.
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