Struggling SUV specialist Ssangyong Motor on Sunday filed a bailout programme in court which was notable for its absence of support from Chinese parent SAIC.
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Fiat Group is negotiating with Chrysler LLC to form a strategic partnership that could include a Fiat equity stake in the ailing U.S. carmaker.
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Chrysler and Fiat are in talks over a strategic partnership that could see the Italian automaker take a stake in the ailing US firm, a trade paper reported late on Monday.
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One of the original retro cars, the Chrysler PT Cruiser, is getting the ax.
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With more than 600 cars on display and a record number of exhibitors, nothing at the 2009 Tokyo Auto Salon tuner show hinted at the global economic downturn.
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Fiat Group is in negotiations with Chrysler LLC to form a strategic partnership that could include a Fiat equity stake in the ailing U.S. carmaker. The pact would help Chrysler speed up and strengthen its ongoing restructuring plan.
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Turkey's automotive sector can expect a 15-20% fall in sales in 2009, a key executive has said.
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Soon after finance arm Chrysler Financial was given access late on Friday to US$1.5bn from the federal TARP loan programme, Chrysler said customers with a wide range of credit scores would immediately be eligible for "affordable financing" including a new national zero percent APR offer on some models.
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Fiat Group is in negotiations with Chrysler LLC to form a strategic partnership that could include a Fiat equity stake in the ailing U.S. carmaker. The pact would help Chrysler speed up and strengthen its relaunch plan.
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Chrysler Financial has received access to up to US$1.5bn in loans from the US Department of Treasury's Troubled Asset Relief Program (TARP).
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It's seven-up for the C-MAX as our spies spot new version undergoing winter testing
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General Motors purchasing chief Bo Andersson singled out 10 of his 3,000 global suppliers for recognition at the Detroit auto show on Thursday, Jan. 15.
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Audi expects to boost its sales in China significantly this year after a record 2008 in its second biggest market after Germany. Audi's China sales increased 17 percent to 119,598 in 2008, compared with the year before.
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General Motors' tight finances may hold the automaker back from building a production version of the Cadillac Converj concept car.
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The automotive exterior lighting systems have seen many significant advances, since the early days of oil lanterns used on road vehicles. A variety of lighting systems are now available, and incandescent bulbs are no longer the only option available for the automakers. Advances in light source technologies are now allowing safer, more cost efficient and greater light generation than ever before. New technologies are now set to propel automotive lighting to the forefront of automotive technology. Technologies such as high-intensity discharge (HID or xenon), adaptive front lighting (AFL) systems and light-emitting diode (LED) systems enhance safety and offer comfort and convenience for the drivers and occupants.
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Coming off a sharp sales decline in December, Toyota Division is trying to lure buyers into showrooms with new cash offers for customers and dealers.
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BMW's top executive in France, Nicolas Wertans, is moving to PSA/Peugeot-Citroen, where sources say he will play an important role in creating sales and marketing synergies between the Peugeot and Citroen brands.
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It was the strangest Detroit Show for years, as the Big Three scaled back the celebrations and pulled on the hair shirts. But Mark 'Coolbear' Bursa isn't convinced they're offering the right answers to their problems.
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Production ready Camaro Cabriolet goes topless in Australia as it shows off its muscles for the first time.
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Demand remains low though the US government's aid to the domestic auto industry is having an effect, General Motors' chief operating officer 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