DETROIT -- General Motors has scrapped plans for a new engine plant in Flint, Mich., that would have built 1.4-liter engines for the Chevrolet Volt hybrid and Cruze compact.
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Hiroshi Sasamoto will become CEO of Honda of Canada Manufacturing in Alliston, Ontario. He had been CEO of Honda's manufacturing operations in Lincoln, Ala.
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The sales success of Nissans quirky Cube ultimately will determine whether the old adage hip to be square bears out. But based on initial pricing, it will be affordable.
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The French government's strategic investment fund plans to take a minority stake in car parts supplier Valeo, two sources familiar with the matter told Reuters.
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With a deal to expand Detroit's Cobo Center on the rocks, Detroit auto show organizers are concerned about the show's future. Cobo doesn't compare to facilities in Los Angeles and Chicago, two cities courting the show, said co-chairman Doug Fox.
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Volvo is extending its Drive range of low-CO2 models and adding a 1.6-litre diesel engine option to its V70 and S80 model lines to bring CO2 emissions below 130 g/km.
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Daimler is open to any third party interested in its 19.9% Chrysler stake, the carmaker's finance director told a German paper today.
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South Africa's trade and industry minister is meeting carmakers to discuss a rescue package to help limit job losses, a government spokesperson said on Tuesday.
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Mitsubishi Motors on Tuesday said it would ease production cuts at plants in Japan in March as it reviews its sharp inventory adjustments in recent months.
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Daimler reaffirmed its position that the maker of luxury Mercedes-Benz cars has no interest in acquiring other brands such as General motors' Opel, which could immediately give it a sizable share of the small car market.
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Bavaria could intervene to help supplier Schaeffler if jobs were at risk, but should not take on a management role, Bavarian state premier Horst Seehofer has said.
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The Swedish government can guarantee a European Investment Bank loan to General Motors unit Saab if a new owner that can cover half the necessary financing emerges, prime minister Fredrik Reinfeldt has said.
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The German government was set to give Opel credit to survive the global slump and financial distress at parent General Motors, a press report said on Tuesday.
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Like many race teams, Prodrive, which spearheaded Subaru's World Rally Championship team, sold its cars after retiring them from competition. Some would go to other teams, who would run them competitively, or to collectors.
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British tin-top ace James Thompson is continuing his search for a race seat in this season’s British Touring Car Championship, which blasts back into action in April.
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British tin-top ace James Thompson is continuing his search for a race seat in this season’s British Touring Car Championship, which blasts back into action in April.
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There will be new safety car regulations this year, too. Under current rules, the pitlane is closed once the silver Mercedes SL is on the track, and drivers entering for refuelling during this period are hit with a penalty.
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There will be new safety car regulations this year, too. Under current rules, the pitlane is closed once the silver Mercedes SL is on the track, and drivers entering for refuelling during this period are hit with a penalty.
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Biggest shake-up for 10 years brings reduction in downforce, return of slick tyres and use of eco-friendly energy system.
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General Motors' Canadian unit is on the right track as far as its restructuring plan is concerned, but serious discussions will still be required before the struggling automaker qualifies for emergency aid, Canada's industry minister has said.
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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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