As auto sales collapsed, not even Honda could tap the brakes on its North American production fast enough to prevent a huge backlog of unsold cars from piling up. About 5,000 Hondas are parked at Ford Motor Co.'
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As auto sales collapsed, not even Honda could tap the brakes on its North American production fast enough to prevent a huge backlog of unsold cars from piling up. About 5,000 Hondas are parked at Ford Motor Co.'
Full story...
As auto sales collapsed, not even Honda could tap the brakes on its North American production fast enough to prevent a huge backlog of unsold cars from piling up. About 5,000 Hondas are parked at Ford Motor Co.'
Full story...
French banks and automakers that have benefited from government bailouts in the economic crisis will have to scrap stock option grants until at least the end of next year, Prime Minister Francois Fillon said today.
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Chrysler LLC recast its own statement announcing an alliance with Fiat S.p.A., saying the potential partners have a "framework" accord.
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French banks and automakers that have benefited from government bailouts in the economic crisis will have to scrap stock option grants until at least the end of next year, Prime Minister Francois Fillon said today.
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Chrysler LLC has backed off its own statement announcing an alliance with Fiat S.p.A., saying the potential partners have only a "framework" accord.
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Chrysler LLC says it has agreed on terms of a formal alliance with Fiat S.p.A. and Chrysler's majority owner, Cerberus Capital Management LP. The U.S. Treasury Department supports the agreement, Chrysler said today in a statement.
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The government's Board of Investments (BoI) may allow Ford Group Philippines to retain its import privileges even if the firm does not meet a required export volume by April in light of the economic downturn, an official has said.
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President Barack Obama said on Monday he would work with Congress to find recovery act funding for a 'clunker' trade-in programme that would give new car buyers incentives to trade in older, 'dirtier' vehicles for newer, cleaner and more efficient models.
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Acuras forthcoming luxury crossover will wear the ZDX name, the automaker said Monday. It will unveil a concept version of the ZDX at the New York auto show on April 8.
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Acuras forthcoming luxury crossover will wear the ZDX name, the automaker said Monday. It will unveil a concept version of the ZDX at the New York auto show on April 8.
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For Chrysler LLC, survival has come down to a single option: successfully working out an alliance with Fiat S.p.A.
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In a bid to boost flagging auto sales, the federal government will pay for any warranty repairs on a General Motors or Chrysler vehicle if either company can't because of financial problems or a bankruptcy filing, President Barack Obama said today.
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NEW PICTURES! Exclusive, undisguised pictures of Ferrari's stunning F430 replacement
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Perusahaan Otomobil Kedua or Perodua expects its vehicle sales to fall by 6%-10% this year due to the economic downturn, Bernama news agency reported on Monday.
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For Chrysler LLC, survival has come down to a single option: successfully working out an alliance with Fiat S.p.A. The Obama administration has given Chrysler 30 days to forge a broad product-sharing agreement with the Italian automaker.
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For Chrysler LLC, survival has come down to a single option: successfully working out an alliance with Fiat S.p.A. The Obama administration has given Chrysler 30 days to forge a broad product-sharing agreement with the Italian automaker.
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Detroit Electric on Monday said it would produce and market a full line of pure electric vehicles in the US, UK, EU and China from 2010 by integrating its patented electric drive systems into Proton vehicles.
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Hyundai Motor India has become the latest automaker there to make an agreement with a bank to finance customer purchases.
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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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