Two banks have taken a combined stake of almost 36% in the German supplier auto industry supplier Continental.
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German bank B. Metzler seel. Sohn and Co Holding AG and Merrill Lynch have taken combined voting stakes of 35.75 percent in Continental AG , the German automotive supplier said on Wednesday. Metzler has built a 19.
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Super Jag blasts it way into the record books.
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Surprise Lincoln concept shows that US luxury cars don't always have to big...
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Detroit Motor Show news, VW's BlueSport Speedster, Alfa's mighty MiTo driven, new Merc E-Class and Jaguar XFR revealed
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Toyota Motor Corp said on Wednesday its some 2,200 general managers may buy Toyota cars by the end of the financial year on March 31 in a voluntary effort to help minimise its earnings deterioration.
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Russian automaker Sollers plans to buy the production rights for three Ssangyong SUV models, a local report said.
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Peugeot has unveiled its new 3008 crossover, which will make its public debut at the Geneva auto show in March. The SUV-styled model will go on sale in Europe starting in the summer.
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Dacia in Romania could axe up to 4,000 jobs if sales at the low-cost car maker don't recover sufficiently, its French owner Renault said.
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Dacia in Romania could axe up to 4,000 jobs if sales at the low-cost car maker don't recover sufficiently, its French owner Renault said.
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Auto parts supplier Visteon Corp. forecast a steep drop in fourth-quarter sales on Tuesday and said it is freezing salaries and implementing other cost-cutting actions in response to lower production.
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General Motors CEO Rick Wagoner says the company won't know how much more in government loans it will need until March 31.
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Visteon Corp. says that revenue for 2008 and the fourth quarter plunged more than expected, and that it is expanding its cuts to employee benefits.
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Talk about ambitious. Hyundai is picking a fight with the likes of Lexus, Mercedes and BMW with their new Genesis sedan. It's a cut-price flagship designed to offer customers the best of the premium sedan world for a lot less money.
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You no longer need to drive a high-tech hybrid to take advantage of an efficiency-coaching display system at the wheel. Kia Canada has just announced that they'll be incorporating an "Eco Minder" indicator light as standard on their Magentis sedan to help owners cut down on visits to the gas station.
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The 2000 NASCAR Sprint Cup Series champion Bobby Labonte has been hired by Hall of Fame Racing to drive the No.96 Ford.
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Sarah Fisher will compete in four oval race events with Dollar General as the primary sponsor of the No. 67 Honda-powered Dallara.
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Last year Daytona 500 winner Ryan Newman is optimistic about the future of the new team Stewart-Haas and he believes that, along with teammate owner/driver Tony Stewart, they can both be part of the Chase Sprint Cup.
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Ferrari's world champion of 2007, Finland's Kimi Raikkonen is an "unbelievable" character, team boss Stefano Domenicali said on Wednesday.
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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