British-based automotive parts supplier Wagon plc has said it expects to appoint administrators after talks over a refinancing deal with its major customers and banks broke down.
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Sebastian Loeb secures a historic victory in the icy forests of Wales.
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British automotive engineering company Wagon said on Monday it expected to appoint administrators after talks over future funding broke down in the midst of a slump in global car demand.
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Blue oval reveals new 'Kinetic Edge' design at this year's Detroit Motor Show.
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We reveal the full list of items for sale from US big three car builders as they fight bankrupcy.
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Audi has bucked the trend by reporting a rise in car sales last month.
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Daimler plans to reduce working hours in the first few months of next year.
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Three of Toyota's largest seat suppliers are dissolving or restructuring their U.S. joint ventures. The reason: Toyota wants more competition among its North American suppliers.
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Swedes once reveled in the independence of their two national carmakers and#x2014; small but highly profitable luxury brands competing in a world of giants. Volvo Car Corp. and Saab are now money-losing wards of Ford Motor Co.
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With an entry price under $35,000, Mercedes-Benz expects its new compact GLK SUV to have a competitive edge over four new competitors due next year.
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Industry veterans Harold Krivan and Arupa Tesolin will join a roundtable discussion at the Automotive News World Congress in Detroit. The panelists will talk about the role of innovation in auto industry sustainability on Tuesday afternoon, Jan. 20.
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Dai Ryoung Lee sits munching on a Dove bar in a crowded office filled with Asian art in downtown Los Angeles. Lee says he has no time for lunch. He's too busy trying to save his Hyundai dealership in the city's Koreatown section.
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Despite earlier disappointment in the truck business, Nissan North America Inc. is back to try again. Last week, Nissan unveiled a workhorse concept truck here that it hopes will carry it even deeper into the depressed U.S.
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Against a backdrop of plunging fuel prices, Ford is restoring two shifts and overtime production of its re-engineered 2009 F-150 pickup. With gasoline under $2 a gallon, demand for Ford's big pickup is up.
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As General Motors executives weigh the future of the disappointing Saturn division, GM is not allocating new money toward future Saturn products, according to a source familiar with GM's budget.
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Here's a big challenge for Ford Motor Co. as it seeks federal aid: Avoid the stench of death that surrounds crosstown rivals General Motors and Chrysler LLC. Ford is losing billions of dollars, and its sales have plunged nearly 21 percent this year.
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If the Detroit 3 win approval of $34 billion in emergency government loans this week, they also will get painful conditions.
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The stellar performance of Chevrolet Europe is being brought back down to earth by the market collapse. This year the brand will miss its target to sell 500,000 new cars in Europe, Chevrolet Europe Executive Director Wayne Brannon said.
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General Motors is talking to potential investors who could take partial ownership in Saab. Jan-Ake Jonsson, managing director of the Swedish brand, said GM and Saab are talking to several investors about putting money into the company.
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The loss of Volvo would have a more devastating effect on the future of Sweden as an automaking nation than the closure of Saab, Lars Holmqvist, CEO of CLEPA, the European suppliers association, 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