As the automotive industry gathers in Geneva for the annual auto show, all of the major manufacturers foresee a challenging year ahead. Cash conservation is a theme that reoccurs in their presentations to analysts and discussions with journalists.
Full story...
A pencil soloist who spread the allure of Italian design well ahead of today's globalization, Giovanni Michelotti was one of the most prolific stylists of sports cars of the 20th century.
Full story...
Opel urgently needs money to prevent a cash crisis that could result in the total failure of its operations. The time frame is weeks.
Full story...
The odds are against the survival of Saab as an independent automaker, as it begins the process of spinning off from its troubled US owner General Motors.
Full story...
The dismal outlook facing the automotive sector has forced PSA/Peugeot-Citroen CEO Christian Streiff to scrap his medium-term volume and profitability objectives.
Full story...
Despite an investment of 500 million last year, Continental's powertrain division is still trying to catch up with rivals such as Robert Bosch, Denso and Magna International.
Full story...
German Chancellor Angela Merkel said on Saturday a decision on state aid for Opel depended on the firm's long-term outlook and on the readiness of banks to help.
Full story...
The Schaeffler family is being pressured to surrender control of their company to the banks that financed the ill-fated takeover of Continental, said sources with knowledge of the matter.
Full story...
Continental plans to close a French plant and cut some 1,500 jobs, the Europe 1 radio station reported on Saturday quoting labor union sources.
Full story...
The European Commission said on Saturday it was satisfied with guarantees set out by France that a state loan plan to its carmakers did not amount to protectionism.
Full story...
German Chancellor Angela Merkel said on Saturday a decision on state aid for Opel depended on the firm's long-term outlook and on the readiness of banks to help.
Full story...
German Economy Minister Karl-Theodor zu Guttenberg said today he will not be pressured into making a quick decision on granting state aid to struggling Opel.
Full story...
Representatives of General Motors' bondholders expect to meet with the U.S. government task force overseeing the rescue and restructuring of the auto industry, a person familiar with the matter said on Friday.
Full story...
German Economy Minister Karl-Theodor zu Guttenberg said today he will not be pressured into making a quick decision on granting state aid to struggling Opel.
Full story...
The federal government is turning up the juice on tax breaks for plug-in vehicles. The new economic stimulus law will make hundreds of thousands of additional buyers of plug-ins eligible for tax credits of as much as $7,500.
Full story...
Several times a year I come across high-mileage used cars that need minor repairs. They are too good to pass up, so I buy them, make them roadworthy and send them to new homes.
Full story...
Lexus overtook Jaguar to regain its title as the brand that does the best job of pleasing customers in the service department. Toyota Motor Corp.'s luxury division ranked atop the J.D.
Full story...
German Economy Minister Karl-Theodor zu Guttenberg said today he will not be pressured into making a quick decision on granting state aid to General Motors' Opel unit.
Full story...
Burger, fries and#x2014; and a few kilowatts. That could be a typical fast-food order if Nissan North America Inc. has its way.
Full story...
The planned importer of Indian-made pickups says he turned down an overture from General Motors to sell the trucks at Saturn dealerships. John Perez, CEO of Global Vehicles U.S.A. Inc.
Full story...
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
The latest auto news, reviews, prices, product and vehicle releases.