The EU's executive has called for a meeting between GM and EU member states affected by General Motors' financial problems amid growing concerns over GM's financial crisis.
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Daimler is making two key moves to realign its design organization. The German automaker is creating its own center of excellence for vehicle interiors and opening a design studio in China.
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Bosch has revealed that in January this year, Bosch passed the 50m milestone for the production of common-rail systems produced for diesel engines.
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Spanish auto parts maker Cie Automotive posted a 6% jump to EUR53.8m in 2008 profits, helped by the strong performance of recently acquired businesses in emerging markets.
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TRW has unveiled its integrated Electric Park Brake (EPBi) system. EPBi removes the requirement for a separate Electronic Control Unit (ECU) due to its integration with the electronic stability control system.
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The board of directors of BorgWarner has announced the temporary suspension of the company's quarterly dividend of $0.12 per share until global economic conditions improve.
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Ford has launched its Changan-built Fiesta in China with an official market launch on the southern resort island of Hainan.
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French car maker outlines its vision for emission free motoring.
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Insolvency could be an option for Opel though it need not mean the General Motors' unit going bust, German Interior Minister Wolfgang Schaeuble said in a newspaper interview on Friday.
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BRUSSELS (Reuters) -- Belgium's largest car distributor, D'Ieteren presented a gloomy outlook for this year.
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BRUSSELS (Reuters) -- Belgium's largest car distributor, D'Ieteren presented a gloomy outlook for this year.
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Insolvency could be an option for Opel though it need not mean the General Motors' unit going bust, German Interior Minister Wolfgang Schaeuble said in a newspaper interview today.
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Insolvency could be an option for Opel though it need not mean the General Motors' unit going bust, German Interior Minister Wolfgang Schaeuble said in a newspaper interview on Friday.
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The former Honda Formula One team has been saved and will race this season as Brawn GP under new owner Ross Brawn, the renamed team said in a statement on Friday.
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The former Honda Formula One team has been saved and will race this season as Brawn GP under new owner Ross Brawn, the renamed team said in a statement today.
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Saturn is attracting interest from a "few" parties that might want to acquire the brand, a General Motors spokesman said Thursday.
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Supplier BorgWarner Inc. said Thursday it will suspend its 12 cents-per-share quarterly dividend to maintain financial flexibility while the economy remains mired in a slump.
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JM Family Enterprises Inc., owner of the distributor that accounts for 16 percent of Toyota sales in the United States, has dismissed 500 employees because of the shrinking auto market.
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The former Honda Formula One team has been saved and will race this season as Brawn GP under new owner Ross Brawn, the renamed team said in a statement on Friday.
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Volkswagen's Mexico plant, where the popular new Beetle cars are made, will halt operations for three weeks as the U.S. recession cuts into demand, the leader of the autoworkers union said on Thursday.
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