Allison Transmission and Delphi Automotive Systems have agreed to share commercial truck hybrid drive system technology.
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John Mendel, executive vice president of American Honda Motor Co., will be a featured speaker at the 2010 Automotive News World Congress. He will speak Wednesday afternoon, Jan. 13.
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Finding high-quality used cars and developing retail strategies to benefit from a loosening of consumer credit in 2010 will be the topics of two Automotive News Dealer Intelligence Webinars this month.
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Volkswagen Aktiengesellschaft has today taken a 49.9 percent stake in Porsche AG. The next important step on the way towards the integrated automotive group with Porsche has therefore been completed, as announced, before the end of the year. The price for the stake is E3.9 billion and is based on the enterprise value for Porsche AG calculated under a careful due diligence and valuation procedure.
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In little more than two years Fisker Automotive has established itself as a force in the automotive industry.
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General Motors of Canada has said it will acquire full ownership of the CAMI Automotive Incorporated (CAMI) car assembly joint venture in Ingersoll, Ontario, through a purchase transaction to buy shares currently owned by long-time partner Suzuki Motor.
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Saab has sold the production equipment for its outgoing 9-5 models to Beijing Automotive Industry Holding Corp (BAIC), according to media reports.
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China's Shanghai Automotive Industry Corporation Group (SAIC) and General Motors Company on Friday said they would extend their cooperation in Asia to include model sharing and manufacturing facilities in India.
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Beijing Automotive Industry Holding Corp. has obtained a 20 billion yuan ($2.93 billion) line of credit from the Bank of China, the bank said Friday. BAIC has said it might still be interested in all or parts of General Motors Co.'s Saab unit.
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Swedish carmaker Saab has sold the production equipment for its old 9-5 models to Beijing Automotive Industry Holding Corp. (BAIC), a newspaper reported.
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Turkey's automobile distributors association said on Thursday domestic automotive sales in the January to November period rose 3.6 percent from a year before.
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General Motors of Canada Limited today announced that it will acquire 100 percent ownership of CAMI Automotive Incorporated (CAMI) through a purchase transaction to buy shares currently owned by long-time partner Suzuki Motor Corporation.
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LOS ANGELES, - This year's theme, Youthmobile 2030, asked automotive design studios to envision what a new generation of drivers - raised with cell phones, online communities and webcams - will demand from their vehicles in the year 2030
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Trading in Shanghai Automotive Industry Corp (SAIC) shares on the Shanghai Stock Exchange was suspended on Thursday (3 December, 2009) because China's biggest automaker plans a major asset restructuring.
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The ouster of General Motors Co. CEO Fritz Henderson prompted hundreds of comments on the Automotive News Web site, but certainly no consensus of opinion. Some readers are unabashedly critical of Henderson's performance.
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Tata Motors has seen a a huge revival in November sales this year compared to the same month last year, which was hit by global economic uncertainty and a crash in the automotive market.
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The resale values of 2010 Toyota and Lexus vehicles will not be hurt by Toyota Motor Sales U.S.A.and#8217;s massive recall campaign, predict two companies that specialize in projections of residual values.
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It may be the longest ramp up to a model introduction in automotive history. Ford introduces its new Fiesta to European markets in 2008, and tells us it will be Ford's first "global car" -- with "regionalized" versions to be sold in every market, well, across the globe.
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Two auto suppliers have used the bankruptcy code to revamp at least 80 percent of their customer contracts, bucking the norm of most automotive bankruptcies seen this year. Both companies, Recticel North America Inc.
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