A former General Motors executive on Thursday pleaded guilty to a kickback scheme involving bulk aluminum sales that cost the automaker some US$83m.
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Germany's finance minister on Friday indicated a readiness to offer General Motors aid to help restructure Opel/Vauxhall, saying the government felt a "responsibility" for the firm's 25,000 German workers.
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A letter of intent was signed today in Flins between the Renault-Nissan Alliance, the French Atomic
Energy Commission (CEA) and the French Strategic Investment Fund (FSI) to set-up a joint venture
company that would develop and manufacture batteries for electric vehicles, under the patronage of
Christian Estrosi, the French Minister for Industry.
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Russian Prime Minister Vladimir Putin said on Thursday that GM's U-turn over the sale of Opel showed the generally "scornful" approach of U.S. companies when dealing with their European partners.
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Japan's finance ministry is considering imposing higher taxes on vehicles that are less fuel-efficient or not eco-friendly - a move that is expected to be challenged by the auto industry.
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For the fourth quarter of 2010, the Dodge car brand is planning a seven-passenger crossover. Dodge also plans updates next year for the Avenger sedan, Journey crossover, Caravan minivan and Charger muscle car.
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Russian Prime Minister Vladimir Putin hinted the battle for carmaker Opel was not over, saying it was the trust overseeing Opel, not the board of General Motors Co., its parent, that should decide any further steps.
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GM will return the money it was loaned by Germany to help Opel, German Economy Minister Rainer Bruederle said today after the U.S. carmaker decided to keep its European unit.
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GM will return the money it was loaned by Germany to help Opel, German Economy Minister Rainer Bruederle said on Wednesday after the U.S. carmaker decided to keep its European unit.
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Malton, Ontario -- Even if they need the room, North Americans tend not to opt for minivans and station wagons. At the same time, this group seems instinctively drawn to all-wheel drive. Not too long ago these customers gravitated to SUVs. Now they're driving crossovers.
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The Obama administration did not get involved with General Motors Co.'s decision to keep and restructure its Opel carmaking operations in Europe, a U.S. Treasury spokeswoman said on Tuesday.
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The Obama administration did not get involved with General Motors Co.'s decision to keep and restructure its Opel carmaking operations in Europe, a U.S. Treasury spokeswoman said on Tuesday.
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In a meeting on Monday, new FIA president Jean Todt told the French prime minister Francois Fillon that formula one is important to the country.
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The Obama administration's ability to decide when and how to sell its stakes in General Motors Co. and Chrysler Group is undercut by the rapidly declining staff of the auto task force and its accompanying loss of expertise, Congress' watchdog says.
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Special edition version of Kia's mini-MPV tempts with host of goodies and sharp look
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Could the Evora be going electric? A leaked Lotus presentation has revealed that the company is attempting to sell the model’s underpinnings to other manufacturers, while presenting them as the perfect platform for an electric car.Based on the success of the Elise chassis – which Lotus sold to Vauxhall to make the VX220 and, more recently, to Tesla to form the basis of that firm’s groundbreaking electric Roadster – it’s a shrewd move by the British company.The Evora is made largely from aluminium extrusions which can be cut to length – an ideal attribute for packaging the bulky batteries in an electric car.Lotus has two proposals for an electric layout.
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Three Russian ministries have drafted a ruling that would encourage more complex CKD production by foreign car makers making vehicles in Russia under the industrial assembly regime, Vedomosti business daily reported Friday citing the draft ruling.
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Germany's economy minister has distanced himself from comments by a party colleague who had said the new government in Berlin would review the previously agreed sale of General Motors unit Opel to Canada's Magna.
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Munich . The John Cooper Works name has been inextricably linked with the legendary motorsport exploits of MINI for over 40 years now. The acclaimed British firm is synonymous with racing expertise and premium quality, and the spirit of John Cooper is also woven into the exquisite MINI Collection in the shape of textiles and accessories for him and her. This sporting product line sets out to "KEEP IT WILD" and transfer that racing feeling to the road. In so doing, the items in the range exude a cool vintage style, complete with logos and trim features which recall the distinctive British Racing Green colour shade. This authentic look will please both budding amateur mechanics and those with less of a fondness for grease and spanners.
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