The US autos task force overseeing the restructuring of General Motors Corp has asked a federal bankruptcy judge to block the automaker from providing an additional $150m in funding to bankrupt parts supplier Delphi.
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Germany and Italy are the latest countries to report March increases in car sales helped by government scrapping incentives. In Germany, registrations increased 40 percent last month. In Italy, a 0.
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Germany and Italy are the latest countries to report March increases in car sales helped by government scrapping incentives. In Germany, registrations increased 40 percent last month. In Italy, a 0.
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Germany and Italy are the latest countries to report March increases in car sales helped by government scrapping incentives. In Germany, registrations increased 40 percent last month. In Italy, a 0.
Full story...
Germany and Italy are the latest countries to report March increases in car sales helped by government scrapping incentives. In Germany, registrations increased 40 percent last month. In Italy, a 0.
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A round-up of the best unveils and surprises from this year's Seoul Show.
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Changes to General Motors' contract with the United Auto Workers union could save the automaker US$1.1bn or more in hourly labour costs, GM said in a report to the US treasury which has been released.
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Clearest-look yet at VW's GTI-beater with 270bhp
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V10-engined LFA will be star of Japanese expo.
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Toyota officials in the US have said they saw "optimism" in that country's auto sales trends and welcomed the Obama administration's intervention in the industry.
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Ford executives said the last week of March provided the first uptick in US industry sales since January but stopped short of calling a bottom to the prolonged slump in industry sales.
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Italy's Brembo and SGL Group of Germany are in advanced talks to combine their businesses in carbon ceramic brake discs to share costs, especially in the development of new products for a growing market.
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General Motors has asked for US$2.6bn of low interest government loans to support the development of three new hybrid vehicles, according to a business plan update released this week.
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Despite selling 24.5 percent fewer vehicles, European automakers outperformed the rest of the industry as U.S. sales fell 36.8 percent in March.
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French carmaker Renault SA is aiming for its volumes in Asia and Africa this year to at least equal what it sold in 2008, despite a sharp global sales slowdown, a senior executive said today.
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The Slovak government has said it would extend its auto trade-in bonus scheme aimed at boosting new car sales after its funding ran out last week due to intense demand.
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Almost production-ready luxury saloon is spied at the Nurburgring
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A round-up of the best unveils and surprises from this year's Seoul Show.
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Hot new track day 911 caught testing at the Nurburgring
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Tata Motors Ltd., the Indian automaker that bought Jaguar and Land Rover last year, today said its global new-car sales fell 14 percent in its fiscal year ending March 31.
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