DETROIT -- General Motors has told employees at its Detroit-Hamtramck and Bowling Green, Ky., plants that they will have an extra down week this year. GM spokesman Tony Sapienza said, "The market is telling us we don't need that many cars."
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WASHINGTON -- GMAC Financial Services wants to be part of the federal government's $700 billion rescue of the nation's financial system, the company said today."
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American Honda Motor Co. is offering new incentives for sales and leases of new Civics. Qualified buyers can get 1.9 percent financing for loans of 24 to 36 months on Civic models including the hybrid version, Honda says.
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The economy doesn't suck for some people. Ask Ferrari.
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Ford Motor Co. and BMW AG executives are discussing Ford's sale of the Swedish carmaker Volvo to the German company, The Times of London reported Sunday.
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WASHINGTON (Reuters) - The finance arms of U.S. automakers such as General Motors and Chrysler could apply aid from the financial rescue package approved by Congress earlier this month, the White House said on Monday.
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WASHINGTON (Reuters) - The finance arms of U.S. automakers such as General Motors and Chrysler could apply aid from the financial rescue package approved by Congress earlier this month, the White House said on Monday.
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DETROIT (Reuters) - Delphi Corp. said on Monday it would seek changes to its bankruptcy debtor-in-possession financing and an extension of $4.35 billion to the middle of next year, or until it completes its reorganization.
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Slowing demand in overseas markets may hit component maker Amtek Auto's sales and volume in the December quarter but margins and domestic sales could improve, a top official has said.
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Motor manufacturers will be invited to bid for the opportunity to participate in a GBP10m project in the UK to run electric car and ultra low carbon vehicle demonstration projects, overseen by the Technology Strategy Board.
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Chrysler is reviewing bids for its Dodge Viper nameplate.
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The black cat is on the prowl again. This is the flagship version of Jaguar’s XK range, and we’ve spied the facelifted XKR in Germany testing.
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Renault and Fiat both unveiled concept cars aimed at recreational users at the auto show here. Renault's Sand'Up concept is a leisure car derived from the Logan Sandero hatchback. Fiat showed a design study for a zero emission, two-seat dune buggy.
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Renault and Fiat both unveiled concept cars aimed at recreational users at the auto show here. Renault's Sand'Up concept is a leisure car derived from the Logan Sandero hatchback. Fiat showed a design study for a zero emission, two-seat dune buggy.
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Automotive supplier GKN has warned that the prospect of further deterioration in demand in auto markets globally will see its fourth quarter automotive profits to be only around 30% of 2007 levels.
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The launch of Tata Motors' diesel Nano has been postponed due to slowing demand and costs incurred in the last minute shift of plant from Singur to Sanand.
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Nissan Motor global production in September decreased 0.3% year-on-year to 316,082 units.
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German carmaker Daimler will stop year-end production at two big German plants for four weeks, doubling the normal holiday stoppages given a sharp drop in demand, its works council said on Monday.
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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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