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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George Kell, a Hall of Fame third basemen and former General Motors dealer, died today at 86.
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George Kell, a Hall of Fame third basemen and former General Motors dealer, died Tuesday at 86.
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Supplier Lear Corp. is being sued by The Royal Bank of Scotland PLC to recoup more than $35 million in unpaid fees after Lear defaulted under the terms of its credit agreement, according to the UK-based lending giant's lawsuit.
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Baseball, hot dogs, apple pie and -- sushi? Sauerkraut? Audi and Toyota will become the official vehicle brands of the New York Yankees, replacing General Motors as the team's automotive sponsor.
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Its a ways out, but Mercedes is working diligently on a new version of the SLK for 2012.
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A U.S. bankruptcy judge delayed his decision on the sale of bankrupt car parts maker Delphi Corp.'s steering business to General Motors until next week, after the U.S. Treasury Department sought more time to review the deal.
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This fall's Tokyo motor show is still on, but most of the world's automakers will sit out. The Detroit 3 won't be there. Neither will the big Germans. The same goes for the French, Chinese, Swedes and just about everyone else outside Japan.
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Cant wait for the new Mercedes-Benz E63 from AMG? Well, we have a teaser photo today that shows a corner of the front end in advance of its expected debut at the New York auto show next month.
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Volvo Trucks has said that deliveries in February declined to 4,512 units, a drop of 49% on the same month last year.
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Honda global output fell 42.7% to 190,680 units with Japanese production down 48.4% and foreign production down 40% to 135,932 in February.
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Mazda's global production fell 54.6% to 57,642 units last month with overseas output off 30.8% at 16,947 and the Japanese tally down 60.3% to 40,695 units.
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Japan's auto industry trade group forecast today the lowest domestic vehicle sales in 32 years for the coming business year, saying it would seek government help to stimulate recession-hit demand.
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Mitsubishi Motors Corporation global production fell 65% to 45,048 units, the 12th consecutive monthly decrease since March 2008.
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Toyota's worldwide production fell 49.6% to 434,179 units last month, reflecting widespread temporary shutdowns in both Japan and overseas.
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BorgWarner has said it will supply its DualTronic transmission control system for Fiat Powertrain Technologies' (FPT) first dry dual-clutch transmission.
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Honda UK Manufacturing has followed the local Toyota unit by requesting wage cuts in return for no compulsory redundancies as the key auto workers' union said its priority was to secure jobs.
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With Tesla, Fisker and the Detroit Three making waves with the development of electric vehicles, companies have begun to emerge from the woodwork touting new battery-powered cars seemingly on a weekly basis.
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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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