It will take as long as 35 years for electric vehicles to gain a significant share of the global auto market, says Stefan Jacoby, CEO of Volkswagen Group of America.
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On the heels of success at the Detroit and Chicago auto shows, the editors at AutoWeek have released a virtual tour of the 2009 Geneva motor show. The tour is available free at www.autoweek.com/genevatour.
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Satellite radio provider Sirius XM Radio Inc. said on Thursday it expects 2009 earnings before interest, taxes, depreciation and amortization to exceed $300 million despite a "terrible" auto sales outlook.
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Toyota Motor Corp will halt production at its Russian factory between March 30 and April 6, the automaker said on Friday, the latest in a wave of suspensions brought on by plummeting demand for new cars.
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BRUSSELS (Reuters) -- European Union countries aim to present a coordinated position at the end of the week to ailing U.S. carmaker General Motors, which is seeking European state aid, a German junior economy minister said.
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Toyota Motors Manufacturing Russia plans to suspend production at its plant in the city of St. Petersburg from March 30 through April 6 due to the ongoing financial crisis, the company said in a statement.
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Jaguars are fast and sleek, and few things in the animal kingdom--or the car world--can hang with them.
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A US Bankruptcy Court judge has upheld Delphi Corp's right to end healthcare benefits for non-union retirees, rejecting objections from a committee representing the group.
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Lamborghini has cracked the top off the Murciélago LP 650-4 to create a roadster version.
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First official pictures of Lambo's Murciélago LP 650-4 Roadster.
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Mazda Motor said on Friday it would slow the rate of production cuts in Japan next month, after making good progress reducing inventory, though sales remained stagnant.
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Denso is postponing building a car air conditioner factory in Japan as demand for new vehicles falls.
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IBM and Dassault Systèmes have announced BMW's use of a single digital software environment for the design of all BMW engines across its fuel and diesel-powered cars, motorcycles, and its newest line of eco-friendly, hybrid cars including a hydrogen-powered vehicle.
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Volkswagen's American chief thinks US auto sales this year could come in under 10m units if consumer demand does not recover. His comments came as analysts at CSM Worldwide forecast sales of 9.7m units for 2009.
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The switch to electric power steering will boost fuel economy and open the door to driver-friendly features for Ford Motor Co. vehicles.
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The switch to electric power steering will boost fuel economy and open the door to driver-friendly features for Ford Motor Co. vehicles.
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Ford Canada will not accept the same labor agreement that General Motors of Canada recently struck with the Canadian Auto Workers union because the deal will not deliver enough cost savings, Ford said on Friday.
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Ford Canada will not accept the same labor agreement that General Motors of Canada recently struck with the Canadian Auto Workers union because the deal will not deliver enough cost savings, Ford said on Friday.
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Ford Canada will not accept the same labor agreement that General Motors of Canada recently struck with the Canadian Auto Workers union because the deal will not deliver enough cost savings, Ford said on Friday.
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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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