Volkswagen brand engineers want to install components in the Up that would make it too expensive for Skoda and Seat, a VW group engineer told Automotive News Europe.
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Lear Corp., the world's second-largest automotive seat maker, said late Tuesday that a Chapter 11 bankruptcy filing remains possible as it seeks out a long-term restructuring of its capital structure.
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Chinese automaker Beijing Automotive Industry Co. is seeking to buy U.S. auto parts maker Delphi Corp.'s non-core assets, the 21th Century Business Herald said today.
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Chinese automaker Beijing Automotive Industry Co. is seeking to buy U.S. auto parts maker Delphi Corp.'s non-core assets, the 21th Century Business Herald said today.
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The economic recession and financial crisis have a 'devastating' effect on the automotive industry with serious implications for the wider economy, according to a report by Global Insight commissioned by the European Parliament and seized on by carmakers' association, ACEA.
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The economic recession and financial crisis have a 'devastating' effect on the automotive industry with serious implications for the wider economy, according to a report by IHS Global Insight commissioned by the European carmakers' association, ACEA.
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The economic recession and financial crisis have a 'devastating' effect on the automotive industry with serious implications for the wider economy, according to a report commissioned by the European Parliament and seized on by carmakers' association, ACEA.
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In a deal described as a 'major coup for the British automotive engineering industry', Torotrak plc has secured a global licensing agreement with Allison Transmission, Inc.
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More than three quarters of United Kingdom consumers want a scrappage incentive to boost new-car sales, according to a survey by the country's automotive association.
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Sonic Automotive Inc., which suspended its dividend last month to save cash, said its auditors may raise doubts about the dealership group's ability to continue as a going concern.
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Sonic Automotive Inc., which suspended its dividend last month to save cash, said its auditors may raise doubts about the dealership group's ability to continue as a going concern.
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Compass Automotive Group LLC has purchased the aluminum and magnesium die casting and machining operations of supplier Citation Corp., in Compass' most recent acquisition of an aluminum components company.
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Volkswagen of America, Inc., Major League Soccer and Soccer United Marketing, MLS's marketing arm, today announced a new multi-year partnership. The agreement renews Volkswagen's status as the Official Automotive partner of Major League Soccer. Volkswagen has been an MLS partner since 2008
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Longtime auto industry supplier and Detroit area entrepreneur Bill Davidson has died at the age of 86. Davidson, who owned automotive glass giant Guardian Industries, was known most for owning the Detroit Pistons NBA franchise.
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Longtime auto industry supplier and Detroit area entrepreneur Bill Davidson has died at the age of 86. Davidson, who owned automotive glass giant Guardian Industries, was known most for owning the Detroit Pistons NBA franchise.
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Asbury Automotive Group, the sixth-largest U.S. dealership group, will receive a warning from auditors today that it may not remain current in its debt covenants, the company said this morning.
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Asbury Automotive Group posted a loss in 2008 -- its first red ink for a full year since it became publicly traded -- and received a warning from auditors that it may not remain current in its debt covenants.
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MUNICH -- Two more of Wagon Automotive's factories in Germany are set to be saved by management buyouts.
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Fiat on Friday (13 March) "in relation to comments in today's press", said in a statement its directors were not considering a merger with another automotive group "except as announced [in connection with discussions with Chrysler] on 20 January".
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Thirty three percent of automotive suppliers operating in the US are significantly more pessimistic about the general outlook of their businesses over the next year than they were at the beginning of 2009, according to a recent Original Equipment Suppliers Association (OESA) survey.
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