Sitting behind the wheel of his vintage Volga car next to the bearded chief of the Russian Orthodox church, Prime Minister Vladimir Putin wore a proud grin.
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The German government will rule by June 23 on whether to provide funds to Porsche, senior Economy Ministry official Walther Otremba said on Monday.
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Every carmaker is caught in a fine balancing act between cost and quality. They want happy, loyal customers that have minimal problems and come back down the line to buy another car. But, at the same time, carmakers are businesses--and that means that they have to make a buck.
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Fiat CEO Sergio Marchionne said on Friday that Saab has "minimal" interest for Fiat without Opel. "The work on Saab was linked to Opel, taking into account that the technical input all came from Opel," Marchionne said.
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Fiat's efforts to acquire Opel are not dead and buried according to the Italian carmaker and a government minister.
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Honda has denied press reports that it is to move the development of its 660cc mini-vehicles to one of its subsidiaries.
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Peugeot has revealed the first images of its planned 5008 compact minivan, which will go on sale starting in the autumn after a debut at the Frankfurt auto show in September.
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Peugeot has revealed the first images of its planned 5008 compact minivan, which will go on sale starting in the autumn after a debut at the Frankfurt auto show in September.
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One-off MINI does credible impression of a full-size Rolls!
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Some of the 789 dealerships that Chrysler plans to close will begin presenting their case to bankruptcy court today, arguing that the automaker was undermining its turnaround by terminating the franchises.
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Russia Prime Minister Vladimir Putin has instructed the government to provide a 25bn rouble (US$806m) loan to support the ailing carmaker AvtoVAZ according to the government's website.
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ST PETERSBURG (Reuters) -- The Gulf state of Qatar is still considering taking a stake in Germany's Porsche, its finance minister said on Thursday.
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ST PETERSBURG (Reuters) -- The Gulf state of Qatar is still considering taking a stake in Germany's Porsche, its finance minister said on Thursday.
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Sales of new cars in Taiwan are expected to post growth in May, following the release of figures from the Ministry of Transportation and Communications.
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GM is considering developing a car for India that would be priced and positioned below its Chevrolet Spark minicar model according to an Indian media report.
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The French government has warned the European Commission that it needs to ensure that the financial rescue of Opel does not put French based rivals at a competitive disadvantage.
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British vanmaker LDV is back in administration after potential Malaysian rescuer Weststar walked away from a takeover.
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British vanmaker LDV is back in administration after potential Malaysian rescuer Weststar walked away from a takeover.
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In today's News Brake: Mini's new roadster concept is ready for Frankfurt, GM has a deal for Hummer, and the details on a very useful navigation unit...But Wait, There's More!
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Nissan's first production plant in Russia, the company's biggest European market, was officially opened today by CEO Carlos Ghosn and Prime Minister Vladimir Putin.
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