South Africa's trade and industry minister will meet carmakers today to discuss an auto industry rescue package to help limit job losses, a government spokesperson said.
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Skoda unveils Scout version of supermini-based estate, with body cladding and big alloys providing a muscular look
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Skoda unveils Scout version of supermini-based estate, with body cladding and big alloys providing a muscular look
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The Swedish government is set to guarantee a loan for Volvo Cars, reports said today.
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The Swedish government is set to guarantee a loan for Volvo Cars, reports said today.
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The production version of a Kia Geneva show concept, more of which was revealed today, will make a little history for the Hyundai-Kia group here in Europe: it will be the first Kia to be built in the new Hyundai plant in Nosovice in the Czech Republic.
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Porsche is serving up a few more details on the Cayenne S hybrid, which is expected to arrive in 2010.
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Italdesign Giugiaro will unveil a concept for a fast but fuel efficient hybrid coupe at the Geneva auto show.
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Full-year net profit at Swiss car parts supplier and engineering group Georg Fischer dropped to 69 million Swiss francs ($59 million), hit by a slump in demand in the fourth quarter.
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Full-year net profit at Swiss car parts supplier and engineering group Georg Fischer dropped to 69 million Swiss francs ($59 million), hit by a slump in demand in the fourth quarter.
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Daimler is open to any third party interested in its 19.9 percent Chrysler stake and unlikely to buy back its shares in the medium term, the German carmaker's finance director said.
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Daimler is open to any third party interested in its 19.9 percent Chrysler stake and unlikely to buy back its shares in the medium term, the German carmaker's finance director said.
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Daimler is open to any third party interested in its 19.9 percent Chrysler stake and unlikely to buy back its shares in the medium term, the German carmaker's finance director said.
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Two Wagon Automotive executives have taken control of one of the bankrupt supplier's factories in Germany.
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Schaeffler Group needs up to 6 billion euros ($7.75 billion) in fresh financing, co-owner Georg Schaeffler said as the company again called on the German government for help
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The Schaeffler family is prepared to give up majority control of its business but wants to keep a blocking minority, it said after agreeing to surrender a substantial equity stake to reduce debt.
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The CEO of Navistar International Corp. said Monday that he remained open to the possibility of acquiring General Motors' medium-duty truck unit while showing no interest in the facility where those vehicles are made.
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A few weeks before the managers of the Big Three meekly made their way to Washington to seek the billions of dollars that would ensure their survival, automotive America, that of the collectors, met in Scottsdale, Arizona, to take part in a lavish series of auctions.
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By now most anyone with a pulse is aware of hybrid-powered vehicles, the Toyota Prius being most broadly cited. For the hybrid unaware, this technology is in short the blending of rechargeable battery power with conventional gas power in an effort to improve economy and reduce harmful emissions.
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Double World Rally Champion Marcus Gronholm has decided to come out of retirement to contest April's Rally Portugal in a Subaru Impreza WRC.
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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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