General Motors has no concrete plans to shut its German unit Opel's factories, Juergen Ruettgers, the prime minister of North Rhine-Westphalia, said after meeting GM CEO Rick Wagoner in Detroit.
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A healthy U.S. auto industry is vital for a sound U.S. economy and by extension for Japanese carmakers, a Tokyo-based auto lobby said, giving a tacit nod to the latest request for federal aid from ailing rivals in Detroit.
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AutoNation Inc. will continue to cut orders for new vehicles from manufacturers by about 60 percent in the next two months as it expects U.S. auto sales to remain weak, CEO Mike Jackson said on Wednesday. AutoNation, the No.
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Opel and the other European operations of U.S. carmaker General Motors have signaled they will unveil a plan for their future next week, German Economy Minister Karl-Theodor zu Guttenberg said on Wednesday.
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The Swedish government has said it is not prepared to take over Saab, General Motors' loss-making Swedish subsidiary.
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AutoNation Inc. will extend through April its plan to cut orders for new vehicles by about 60 percent a month. The nation's largest dealership group expects U.S. auto sales to remain weak, CEO Mike Jackson said Wednesday.
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Despite published reports, GMAC Financial Services has no plans to move its headquarters from Detroit, a GMAC spokeswoman said today.
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General Motors, focusing on mainstream products in a battle to survive, has scrapped a unit that produced high-performance vehicles.
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Since the past few weeks, there's been conflicting reports about teams wanting or not to use the infamous KERS at the opening round of the Formula 1 season in Melbourne, Australia. But what does it mean in reality?
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Since the past few weeks, there's been conflicting reports about teams wanting or not to use the infamous KERS at the opening round of the Formula 1 season in Melbourne, Australia. But what does it mean in reality?
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Although the species is dying off at the hands of a crossover SUV infestation, the all wheel drive wagon remains a wholesome and charming machine that some brands are determined to continue building.
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Yates Racing has announced that Farmers Insurance Group of Companies, will sponsor the #28 Ford Fusion driven by Travis Kvapil.
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Despite harsh economic times the IndyCar series officials expect that at least 22 cars will be on the grid for the opening round of the 2009 season in St. Petersburg, Florida.
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Only a few days remain for the Brackley based formula one team to survive the shock withdrawal of the Japanese manufacturer Honda.
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Although the species is dying off at the hands of a crossover SUV infestation, the all wheel drive wagon remains a wholesome and charming machine that some brands are determined to continue building.
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Aston Martin's big boss has decided to resuscitate the Lagonda brand name in order to introduce a new concept vehicle at the next Geneva Auto Show. The last time the prestigious name was used in the industry was in relation to the heterogeneous Aston Martin Lagonda, of which fewer than 650 units were sold between 1976 and 1989.
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The day after General Motors presented it restructuring plan, the American giant held an international press conference, broadcast over the Internet, to review the situation before the media's main financial analysts.
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Every team boss will front the media in Geneva next month, as the unified FOTA alliance unveils its plans for the future of formula one.
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Female IndyCar driver Danica Patrick admits she is flattered by the reports linking her with formula one, but on Thursday she said chiefs of the prospective USF1 team have not yet contacted her.
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Yates Racing has announced that Farmers Insurance Group of Companies, will sponsor the #28 Ford Fusion driven by Travis Kvapil.
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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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