LOS ANGELES -- Jim O'Sullivan, a Ford lifer who has run Mazda's North American business for the past five years, will stay with Mazda now that the two companies have loosened their ties.
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Peugeot will loan factory driver Pedro Lamy to the SunTrust Wayne Taylor Motorsport team for next month's Rolex 24 at Daytona, the Grand-Am Rolex Series season-opener.
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Toyota Division has canceled its 2009 dealer meeting in an effort to cut costs. Faced with a double-digit sales decline, Toyota says it can save about $1 million by forgoing the annual meeting.
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Farnbacher Loles Racing announced an American Le Mans Series program that sees the team's relationship with Porsche grow stronger for 2009.
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TOKYO (Reuters) -- Honda Motor Co. has moved up its year-end news conference by two days to tomorrow, Dec. 17, raising the possibility that the automaker could issue its third profit warning this year.
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Subaru maker Fuji Heavy Industries on Tuesday said it would withdraw from the FIA World Rally Championship (WRC) at the end of the 2008 season, citing a "dramatically changed" business environment.
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Key Plastics LLC entered a prepackaged Chapter 11 bankruptcy yesterday, citing troubles stemming from collapsing industrywide sales and production of cars and trucks. Suppliers Special Devices Inc. and PPI Holdings Inc.
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Russian car output rose 18% year on year to 1,385,571 units in January-November.
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The Volvo S60 concept headed for the Detroit auto show in January carries a heavy dose of fantasy features while offering a strong hint of the 2010 production car.
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Norwegian electric car maker Think has said it is talking with the government to escape its "urgent financial distress."
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Bosch on Tuesday said it would temporarily stop producing automotive components in India to avoid stockpiling.
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Toyota Motor has put on ice a joint venture with Isuzu Motors that was developing a 1.6-litre aluminium diesel engine for vehicles sold in Europe.
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Mitsubishi Motors Europe president and CEO Tim Tozer is leaving after four years to become CEO of Netherlands-based Autobinck Holding, a vehicle distributor and retailer based in The Hague founded in 1907.
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Volkswagen has denied local media reports it would stop production in China for a month to reduce swelling inventory.
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China's vehicle output last month was 8.704m and sales volume 8.6298m units, the China Association of Automobile Manufacturers said.
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New car sales in the UK may not recover for five years, Toyota GB managing director Miguel Fonseca has warned.
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The Volvo S60 concept headed for the Detroit auto show in January carries a heavy dose of fantasy features while offering a strong hint of the 2010 production car.
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Auto-parts maker Johnson Controls Inc.
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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