General Motors' new global small sedan, which will be sold as the Chevrolet Cruze in the United States, went on sale here today. In Korea, the car is called the Daewoo Lacetti. Its 1.
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General Motors and Cerberus Capital Management LP have resolved the major issues in a proposed GM-Chrysler merger but the final form of any deal will depend on the financing and government support available, sources familiar with the talks said...
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General Motors and Cerberus Capital Management LP have resolved the major issues in a proposed GM-Chrysler merger but the final form of any deal will depend on the financing and government support available, sources familiar with the talks said...
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Ford Motor Co. said today that Louise Goeser is retiring as CEO of Ford of Mexico and will be replaced by company veteran Eduardo Serrano, currently the unit's COO. Goeser, 55, joined Ford in 1999 as vice president of quality.
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Toyota has started selling cheaper versions of the Corolla Axio sedan and Fielder station wagon with less standard equipment.
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GM Daewoo Auto & Technology, the GM South Korean unit that makes most of the Chevrolet brand cars sold outside North America, is on course to meet its 2008 domestic sales target, its vice president said on Wednesday.
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BorgWarner on Wednesday said international sales offset steep declines in US revenue due to declining economic conditions there as it reported third quarter results and adjusted its outlook to reflect deteriorating global economic conditions and automotive production declines in Europe.
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U.S. auto parts supplier BorgWarner Inc. said today it posted a quarterly loss and said it expected the credit crisis and slower global growth to hurt its results through 2009.
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Falling sales at home and rising fuel costs have hit the South Korean automaker Ssangyong Motor Corp, which today reported a loss for its third quarter.
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General Motors said today that its global vehicle sales fell 11.4 percent in the third quarter, hurt by weak demand in North America and growing economic pressures in Europe. GM's global sales fell to 2.
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General Motors said today that its global sales fell 11.4 percent in the third quarter, hurt by weak demand in North America and growing economic pressures in Europe. GM's global sales fell to 2.
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Tenneco Inc. is cutting 1,100 jobs worldwide and closing four North American plants as part of a restructuring which it estimates will save $64 million annually, the auto parts supplier said today.
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The automotive parts industry looks unlikely to be granted its request for special financing of up to C$1 billion (US$770m) in short-term loans and loan guarantees from the Canadian and Ontario governments, according to a government minister.
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Sales of General Motors' vehicles fell 11.4% in the third quarter of this year, compared to the same period in 2007 as continuing economic pressures in North America and Europe offset better performances in emerging markets.
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Three of the nation's top six publicly held dealership groups reported third quarter net losses yesterday, ushering in what analysts expect to be a grim round of reporting. Sonic Automotive Inc.
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Luxury model is inspired by Brazilian-built SP-2 coupé.
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GMAC, the auto finance and mortgage company, is seeking to become a bank holding company in order to access the government's $700 billion financial rescue plan, the Wall Street Journal reported yesterday.
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Every Zetec S get bigs alloys and bodykit; WRC pack adds diffuser.
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A joint venture between German and Russian firms plans to boost truck gearbox output next year.
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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