Workers at Faurecia's loss-making plant in Auchel, northern France, on strike since March 5, resumed work on Tuesday after they agreed to accept compensation of EUR3,000 per person.
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Porsche Automobil Holding has secured a new credit facility of EUR10bn to redeem a credit of the same size.
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Mazda Motor Corporation has commenced commercial leasing of its Premacy Hydrogen RE Hybrid, claiming it is the first automaker to begin commercial leasing of a hydrogen hybrid; the first units will be delivered to local government authorities and energy-related companies this year.
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Plug-in hybrid concept uses similar technology to Chevy Volt
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The green car race between Toyota and Honda is heating up. Toyota Motor Corp. plans a new small hybrid car to take on the Insight, the inexpensive Honda hybrid that just reached the United States.
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The green car race between Toyota and Honda is heating up. Toyota Motor Corp. plans a new small hybrid car to take on the Insight, the inexpensive Honda hybrid that just reached the United States.
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Former presidential candidate and House Majority Leader Richard Gephardt is joining Ford Motor Co.'s board of directors.
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Former presidential candidate and House Majority Leader Richard A. Gephardt is joining Ford Motor Co.'s board of directors.
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Ford Motor Co. CEO Alan Mulally earned $13.57 million in total compensation in 2008, a 37 percent decline, as the automaker avoided seeking a federal bailout while posting a record loss.
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Volkswagen's light commercial vehicles business will begin assembly in Russia in May and is examining options to build transporter models in China and India.
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BYD has received an invitation by investor Warren Buffet to display its electric car models at his company's general meeting of shareholders on May 2.
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Fitch Ratings cut its ratings on PSA/Peugeot-Citroen, Renault and Fiat to junk territory today, citing concerns about profitability.
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Can Lewis win again? Or will it be Massa’s year? We assess the teams and drivers lining up at the Australian GP on Sunday...
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Russia's car output decreased 68.9% on the year to 65,100 vehicles in January-February, according to figures released by the Economic Development Ministry.
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The German government appears ready to pump more cash into its popular scrapping incentive program.
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Ford chief executive Alan Mulally may have taken a 37% 'compensation' cut to a mere US$13.6m last year - with no bonus - but private jet transport and a company-funded house are still on the agenda.
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New model based on C200 will appear at Seoul Motor Show.
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Porsche's sportiest SUV gets a designer makeover
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Sites to be used for charging electric cars
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Finnish truck maker Sisu is reportedly in financial difficulties after the Lithuanian government has said it cannot pay for trucks it has ordered.
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