May
22nd
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The Obama administration is preparing to steer General Motors into bankruptcy next week, the Washington Post reported late Thursday. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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May
22nd
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Russia may broaden the list of new cars eligible for state-subsidized loans after an earlier effort to stimulate sales failed to attract buyers in significant numbers, the industry and trade ministry said. Full story...
May
22nd
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Russia may broaden the list of new cars eligible for state-subsidized loans after an earlier effort to stimulate sales failed to attract buyers in significant numbers, the industry and trade ministry said. Full story...
May
22nd
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The Obama administration is preparing to steer General Motors into bankruptcy next week, the Washington Post reported late Thursday. Full story...
May
22nd
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The Obama administration is preparing to steer General Motors into bankruptcy next week, the Washington Post reported on Thursday, citing sources familiar with the discussions. Full story...
May
21st
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The UAW's agreement with General Motors won't diminish prospects for a GM bankruptcy filing, analysts and other experts said. Here are some comments on the deal announced today. Full story...
May
21st
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As the industry is offering fewer choices for the minivan segment, the 2010 Toyota Sienna minivan offers more for busy Canadian families. The new Limited 7-Passenger FWD model joins the Sienna line-up, making the best-equipped "Limited" model available to Canadian families seeking fuel-efficiency and value without sacrifice on quality, safety, comfort, and convenience. Full story...
May
20th
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Swedish carmaker Saab could get a bridge loan from the state to smooth the transition to a new owner from current parent General Motors, a spokesman for Enterprise Minister Maud Olofsson said on Wednesday. Full story...
May
20th
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General Motors and the Canadian Auto Workers (CAW) must reach a cost-savings deal by 31 May to qualify for a government rescue package, Canada's industry minister Tony Clement said, days after the two sides failed to meet an earlier target date. Full story...
May
20th
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Plug-in hybrids might not be as popular as president Obama's administration predicts, Bill Reinert, Toyota's manager for advanced technology told a National Academy of Sciences panel in Washington. Full story...
May
20th
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The Government of Canada's Minister of Public Works and Government Services confirmed the investment of 212 million dollars for the restoration of Montréal's Champlain Bridge. The contribution follows a request for financing made by Jacques Cartier and Champlain Bridges Incorporated as part of a reconditioning program spanning 10 years and due to begin in 2009. Full story...
May
19th
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General Motors and the Canadian Auto Workers must reach a cost-savings deal by May 31 to qualify for a government rescue package, the Industry Minister Tony Clement said Tuesday, days after the two sides failed to meet an earlier target date. Full story...
May
19th
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General Motors and the Canadian Auto Workers must reach a cost-savings deal by May 31 to qualify for a government rescue package, the industry minister said Tuesday, days after the two sides failed to meet an earlier target date. Full story...
May
19th
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Hyundai Motor has said that it has signed an agreement with South Korea's foreign ministry to help South Korean embassies purchase more of its vehicles. Full story...
May
19th
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Prime Minister Vladimir Putin's government is the driving force behind Russia's interest in General Motor's German affiliate Opel, analysts say. Full story...
May
19th
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Prime Minister Vladimir Putin's government is the driving force behind Russia's interest in General Motor's German affiliate Opel, analysts say. Full story...
May
19th
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Mexico is close to approving a plan to make funds available to carmakers struggling to keep their plants operating, according to the economy ministry. Full story...
May
19th
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Chrysler welcomes the President's announcement of a framework for a single national approach for fuel economy and greenhouse gas standards. We thank the Administration for their leadership. Full story...
May
18th
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The Obama administration was poised to unveil on Tuesday a new auto fuel-efficiency policy that would resolve a major dispute between California and the U.S. government over emissions, industry and other sources said. Full story...
May
18th
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The UAW expects a crucial round of restructuring talks with General Motors "to intensify this coming week" ahead of an end-of-May deadline set by the Obama administration. Full story...