The German government will do everything necessary to help carmaker Opel but must make sure competition rules are respected and that any aid does not trigger a flood of demands for help, a spokesman said on Monday.
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The German government will do everything necessary to help carmaker Opel but must make sure competition rules are respected and that any aid does not trigger a flood of demands for help, a spokesman said on Monday.
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The German government is ready to talk with troubled carmaker Opel, but will not offer blanket aid to entire industries suffering due to the financial crisis, Finance Minister Peer Steinbrueck said.
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Renault Chief Operating Officer Patrick Pelata expects the European automobile market to fall by around 20 percent in 2009, he said in an interview with Le Parisien newspaper published on Monday.
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If Congress thinks a bailout of General Motors is expensive, it should consider the cost of a GM failure. Let's be clear.
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Democratic leaders in Congress are toughening the conditions they intend to place on emergency loans to the Detroit 3.
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President-elect Barack Obama said the federal government must help the Detroit 3 get through their cash crisis while making sure that any aid to the automakers creates a "sustainable'' industry.
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Online social networks and#x2014; Web sites that allow millions of Internet users to meet and share content they create and#x2014; are becoming prime marketing turf for automakers.
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A ribbon of black tape that splits the grilles is all that hides the identity of the next-generation 2010 Chevrolet Equinox.
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After Ford Motor Co. finishes this year's round of subsidized dealership closings, it will sharply curtail funding for such deals, said sources with knowledge of the plan.
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When Dick Greenfield was a young car dealer selling about 3,000 new and used vehicles a year, he received some wise advice from an older dealer named Bob Burd.
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We're going on the grid sooner than you thought. Electric and plug-in hybrid cars will arrive in dealerships in just two years or so, several speakers at the Automotive News Green Car Conference and Exhibition said on Thursday, Nov. 13.
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If Congress thinks a bailout of General Motors is expensive, consider the cost of a GM failure. Let's be clear.
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Chrysler LLC is pleading with its dealers to buy more cars by year end and is offering $150 million in extra incentives to persuade them. That will boost Chrysler's fourth-quarter incentive spending to $650 million, Chrysler executives told dealers.
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Huge write-downs of franchise values by public dealership groups show that auto dealers -- especially Detroit 3 dealers -- are losing value and face a difficult future. AutoNation, the No.
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They lost this month's election, badly. But Republicans in the White House and Congress are showing they still have clout. They are providing major -- and potentially fatal -- opposition to emergency federal aid to the Detroit 3 by year end.
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Companies that supply parts to the 2009 Nissan Maxima include: "TRW, Cooper-Standard, CalsonicKansei, Dana, NOK, GKN Driveline, Vibracoustic, KSR International, PPG, Amtex, ZF, Siegel-Robert, Guardian Automotive, U.S.
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The first Formula 1 winter test session was held today, Monday at Circuit de Catalunya located near Barcelona, Spain. It was the first occasion to see what the 2009 cars will look like.
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As being reported by the international media, former grand prix winner Olivier Panis has lost his driver's license after he was caught speeding.
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NASCAR driver Kyle Busch has expressed disappointment that he will no longer be able to make his formula one test debut this winter behind the wheel of a Toyota.
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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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