Saab aims to identify a new owner for the brand within two months, Managing Director Jan-Ake Jonsson said. "There are about five we want to talk to.
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Saab aims to identify a new owner for the brand within two months, Managing Director Jan-Ake Jonsson said.
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China's Geely Automobile and Dongfeng Motor Group today denied that they are interested in buying General Motors' Saab brand. Sources told Reuters that GM has received interest from several potential bidders including Geely and Dongfeng.
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China's Geely Automobile and Dongfeng Motor Group today denied that they are interested in buying General Motors' Saab brand. Sources told Reuters that GM has received interest from several potential bidders including Geely and Dongfeng.
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Renault is drastically rethinking its strategy for distributing new vehicles, Chief Operating Officer Patrick Pelata said. The carmaker is moving towards a system that relies more heavily on a "build-to-order" instead of a "build-to-stock" strategy.
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Audi is considering a North American comeback for its allroad quattro, this time as the new A4-based model was unveiled at the Geneva auto show.
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Enterprise Rent-A-Car has reached an agreement with embattled car dealer Denny Hecker to purchase assets of Hecker's rental car company out of bankruptcy court for $19 million.
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Nissan's luxury brand Infiniti presented Tuesday its Essence concept car, which previews the Japanese carmaker's future line of gasoline hybrid vehicles for Europe and the United States.
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Nissan's Qazana concept car previews a small crossover model slated to launch during the second half of 2010. The concept is inspired by Nissan's large Murano crossover and the strong-selling Qashqai crossover.
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Fiat Group CEO Sergio Marchionne said the French government's approval of low-interest loans to Renault and PSA/Peugeot-Citroen are unfair to other European carmakers.
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New-car sales in Germany rose a fifth in February helped by government scrappage incentives.
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Hyundai expects to boost its European market share this year as its product line-up reflects demand for cheaper and smaller cars in a cost and fuel-conscious market, a top executive said.
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General Motors Europe will run out of money in the second quarter unless European governments come quickly to the company's aid, Chief Operating Officer Fritz Henderson said.
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Skoda believes its new Yeti will help it ride out the global sales slump.
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Mazda aims to defend its share in the sinking European market as it rolls out the remodeled Mazda3 -- its best-selling car -- later this year, a top executive said. Mazda's sales in Europe rose 9.
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Nissan will launch electric cars in Europe next year with different business models in countries.
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The British government said it would discuss helping General Motors' British unit Vauxhall once it saw the U.S. automaker's European restructuring plans.
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Two-time Formula 1 World Champion Fernando Alonso moved on top of the times for Renault on day 4 of this week's Jerez test.
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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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