Opel employee representatives are stepping up their calls for government support and say that 6,000 jobs at the Bochum plant are at immediate risk.
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A Hanover court has ruled against Porsche in a complaint designed to remove the state of Lower Saxony's 20% blocking minority in Volkswagen AG.
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Supercharged flagship ready to muscle in.
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Toyota GB managing director Miguel Fonseca says things look bleak for car sales in his home country, Spain where the market is down 40% - but he warns the UK might be just as bad this month.
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General Motors is mulling whether to drop its Saab, Pontiac, Saturn brands, as well as its Hummer brand, as part of a plan to win $12 billion of U.S. government loans, Bloomberg News said on Wednesday, citing people familiar with the matter.
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Schaeffler Group has hired J.P. Morgan to restructure the debt it needs to take over Continental, the Handelsblatt newspaper reported, citing financial sources. J.P. Morgan is already in talks with banks to reshuffle the 16 billion euro ($20.
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The European Commission on Thursday gave the German government two months to alter a law that shields Volkswagen from takeover.
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A German regional court upheld on Thursday corporate statutes at Volkswagen that effectively let the state of Lower Saxony veto any major plans that controlling owner Porsche may have for the world's third-largest carmaker.
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Russia's largest carmaker AvtoVAZ is seeking a credit of up to $1 billion from state bank VEB, a source familiar with AvtoVAZ's financial situation told reporters on Wednesday.
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Nissan North America, bowing to pressure from dealers, reversed a decision announced Monday and said it will participate in February's Chicago auto show.
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Private equity firm Cerberus is demanding more than $7 billion from Daimler over losses that followed its 2007 acquisition of Chrysler in a bitter dispute that could overshadow a plea for U.S. government aid for Chrysler.
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Volkswagen's Czech unit Skoda Auto may extend a planned production halt at the end of December till January, Czech news agency CTK reported on Wednesday, citing a trade union leader.
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Repsol Honda's Dani Pedrosa was riding two 2009 RC212V prototype bikes today at the Jerez circuit in what will be the first day of the last MotoGP testing session before the year end's ban.
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James Hylton, the 1966 Cup Series rookie of the year, will try to qualify for the 2009 Daytona 500 driving for EM Motorsports.
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James Hylton, the 1966 Cup Series rookie of the year, will try to qualify for the 2009 Daytona 500 driving for EM Motorsports.
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They're a bit late to the party, but Mercedes Benz has been building hype around their upcoming small SUV, the GLK, which goes on sale in the near future. The model is not a 'crossover'- and it's designed to battle the Acura RDX Turbo and BMW X3.
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Young New Zealander Brendon Hartley is in the running to become a full time formula one test driver for Red Bull in 2009.
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Repsol Honda's Dani Pedrosa was riding two 2009 RC212V prototype bikes today at the Jerez circuit in what will be the first day of the last MotoGP testing session before the year end's ban.
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In a recent move to save money and avoid spiralling development costs, NASCAR has banned team testing at tracks that host any NASCAR events, whether it be Sprint Cup, Nationwide or Camping World (ex-Craftsman) and even Camping World East and West series.
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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