Only six big automakers would emerge from the current credit crisis, Fiat CEO Segio Marchionne has said.
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Two of the more polished names in racing, Penske and Porsche, will team up to enter the No. 7 Riley Mk XX Daytona Prototype for the 2009 Gran-Am Rolex Sports Car series.
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Nissan's UK plant, which builds the Qashqai (aka Dualis) SUVs, Note and Micra (March) is stopping production for three consecutive Fridays.
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Nissan has revealed official details of its European-specification GT-R models – and it's good news for UK customers. The supercar, which arrives here next April, has benefitted from a host of improvements over US and Japanese editions.Thanks to some electronic upgrades, the GT-R’s 3.8-litre V6 twin-turbo engine gets a 5bhp boost taking peak power to 478bhp while torque stays at 588Nm.
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BMW said its executive board member Michael Ganal died after severe illness.
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Former BMW chief finance officer Michael Ganal has died, the automaker announced on Monday.
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BMW's Mini production plant in Oxford is to stop production for an extra three days in January.
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Daimler's main manufacturing plant in Sindelfingen, Germany, will adopt a shorter work week for three months from January 12 to address a sharp drop in demand, the group's labor leader said on Monday.
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Ford has said that it will halt production at its St Petersburg, Russia, plant from December 24 to January 21 due to market conditions.
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Hatchback version of 3 debuts a week before official Bologna Motor Show launch.
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We've been pretty happy with Audi's R8 sports cars. Our gripe list is mighty short, and about the only thing we truly wish for is some more power to go along with the racy looks.
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Latest spy shots show new Mercedes supercar is close to showroom-ready.
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Nissan has said it will set up a joint venture in Vietnam with Denmark-based car distributor Kjaer Group to boost sales there.
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Auto parts maker Bosch on Monday said it would buy back up to 2.14 million shares at a maximum price of 4,500 rupees a share. The company plans to spend a maximum of 6.39 billion rupees on the buyback, it said in a statement.
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As well as asking the US Congress for a combined $34bn in loans (they're likely to be allocated $15bn this week), Detroit's Big Three are after at least $6bn from Canadian taxpayers as well.
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General Motors today unveiled an unusually frank advertisement acknowledging it had "disappointed" and sometimes even "betrayed" American consumers as it lobbies to clinch the federal aid it needs to stay afloat into next month.
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The United Auto Workers union supports an alliance between Chrysler and another automaker provided as as many jobs as possible are preserved, a senior UAW official said at the weekend.
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Calls for General Motors chief Rick Wagoner to step down intensified at the weekend as Congress considered a $15bn loan package to help the beleaguered Detroit Big Three automakers.
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British-based automotive parts supplier Wagon plc has gone into administration after talks over a refinancing deal with its major customers and banks broke down.
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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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