Germany said on Friday it did not want to make a decision on aid for cash-strapped Opel dependent on developments in the United States, where automakers failed to secure a quick bailout. Opel's parent GM and U.S.
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Germany said on Friday it did not want to make a decision on aid for cash-strapped Opel dependent on developments in the United States, where automakers failed to secure a quick bailout. Opel's parent GM and U.S.
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Talks between European governments on a deal to reduce greenhouse gas emissions have made progress but have not yet reached agreement.
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Chrysler is interested in returning to merger talks with GM, according to a report in the Financial Times.
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Daimler looks set to scale back its plans to take a 42% stake in the Russian truck manufacturer Kamaz.
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Honda said it would close its UK factory for two months next year as part of plans to build fewer cars in Japan, Europe and North America.
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Honda said it would close its UK factory for two months next year as part of plans to build fewer cars in Japan, Europe and North America.
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Saab will remain in the North American market despite a sharp drop in sales so far this year. )x("",The Saab brand is very attractive to U.S. consumers, said Managing Director Jan-Ake Jonsson. )x("",There are no plans to pull out at all.
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Saab will remain in the North American market despite a sharp drop in sales so far this year. "The Saab brand is very attractive to U.S. consumers," said Managing Director Jan-Ake Jonsson. "There are no plans to pull out at all."
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U.S. President-elect Barack Obama's transition team is not exploring a "prepackaged" bankruptcy plan for U.S. automakers, officials from Obama's team said today. Bloomberg News reported that Obama's transition workers were exploring such an option.
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U.S. President-elect Barack Obama's transition team is not exploring a "prepackaged" bankruptcy plan for U.S. automakers, officials from Obama's team said today. Bloomberg News reported that Obama's transition workers were exploring such an option.
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U.S. President-elect Barack Obama's transition team is not exploring a "prepackaged" bankruptcy plan for U.S. automakers, officials from Obama's team said today. Bloomberg News reported that Obama's transition workers were exploring such an option.
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U.S. President-elect Barack Obama's transition team is not exploring a "prepackaged" bankruptcy plan for U.S. automakers, officials from Obama's team said today. Bloomberg News reported that Obama's transition workers were exploring such an option.
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Toyota Motor Corp is to half the number of temporary workers it employs in Japan, its domestic market as sales continue to get worse.
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Honda Motor Co is to cut production in the US as falling sales and the country's economic turmoil continue to play havoc on the auto industry there. The news follows announcements of production cuts by the Japanese giant in the UK and on its domestic market.
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Suppliers to GM may be seeking to tighten up on credit terms extended to their financially challenged customer.
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Lexus has been updated inside and out, and is better equipped, but it costs less. Plus, planned eco model gets latest hybrid system.
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Swooping curves inspired by Stingray of the Sixties.
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Check out CorvetteGuys.com and their large selection of
Corvette Z06 Wheels.
It's an old truism that there are bargains around in recessionary times.
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The Engine Manufacturers Association (EMA) has said that its members are on schedule and ready to meet the EPA's stringent 2010 emission standards for heavy-duty engines in the US.
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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