Chinese engine maker Weichai Power has again denied a media report last week that said it had talked with General Motors about buying a components plant in France.
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Beijing Automotive Industry on Monday said it had not talked with Chrysler about buying assets or technology.
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The Obama administration confirmed today that outside advisers are looking into debtor-in-possession financing for General Motors and Chrysler LLC in case one or both need to reorganize in bankruptcy.
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Turkish automaker Tofas is sticking to its 2009 investment plan ,its CEO has said.
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It is reported that staff at Jaguar Land Rover (JLR) are to be given a vote vote on a one-year pay freeze and a four-day week, in return for no compulsory job losses for two years.
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When General Motors and Chrysler LLC knocked on doors in Washington again last week to request another $22 billion in federal aid, there wasn't much mention of marketing in the recovery plans they submitted, as it wasn't required.
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The European dealers' association CECRA is asking all European governments to launch scrappage incentive schemes to boost sales of new cars.
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Ford Motor Co. and the UAW have reached an agreement on changes to the union's health care trust for retirees. The proposed modifications to the Voluntary Employees' Beneficiary Association, or VEBA, were not disclosed.
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Computers, mobile phones and other electronic devices regularly download software updates to keep obsolescence at bay. That's not the norm for cars. But that could change thanks to an automotive software architecture developed by European researchers to keep vehicles up to date with the latest technology.
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Take a look at some of the most interesting and unique Geneva Motor Show posters from the last 85 years.
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Chrysler let slip the names to two upcoming Alfa Romeo models in its survival plan submitted to Congress--and here is a look at one of them, the Milano.
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Chrysler let slip the names to two upcoming Alfa Romeo models in its survival plan submitted to Congress--and here is a look at one of them, the Milano.
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Mercedes-Benz will give a world debut to its E-class coupe at the Geneva auto show in March.
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The UK van manufacturer LDV has asked the British government for emergency loans to help fund a management buyout from Russia's Gaz Group.
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Honda Motor said on Monday it currently sees no serious buyer for its Formula One team though a management buy-out offer was reportedly once on the table.
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Honda, like Toyota, plans to have a new president from June.
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Sales of vehicles, excluding minivehicles, could fall below 3m in 2009, a Japanese dealer group said on Monday.
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Toyota Motor plans to cut parent-only global automobile production by 20% in 2009 to 6.5m units as demand plunges, the Nikkei business daily said on Monday.
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Assembly lines at some Volkswagen plants in Germany fell silent on Monday as Europe's biggest carmaker switched to a short working week for the first time in 26 years.
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Wide interest has been shown in investing in loss-making General Motors unit Saab, a top executive 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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