GM sale of Saab fails; car brand likely to close down after Swedish buyer pulls out of deal A deal for General Motors ...
German Chancellor Angela Merkel said Tuesday she was expecting a "comprehensive thank-you letter" from General Motors for huge loans to keep the auto ...
EU Industry Commissioner Guenter Verheugen has criticised informal financial pledges to General Motors by countries vying to save jobs at factories belonging to the automaker's European unit. "I understand that some countries have already made informal promises. I find that alarming," he ...
Senators want Chrysler, GM to give more details on dealer closures Senators are calling on General Motors and Chrysler to release more details on ongoing talks over the automakers' plans to close thousands of auto dealerships as part of their bankruptcies. In ...
EPA: Fuel efficiency for new cars and trucks up slightly in 2008 model year The fleet of new cars and trucks sold to U.S. consumers averaged 21 miles per gallon in the 2008 model year, a modest increase over the previous year, ...
FILE - In this Feb. 4, 2009 file photo workers check a natural gas passenger car in the production line of German carmaker Volkswagen in Emden, northern Germany. German car maker Volkswagen AG said Friday that its group deliveries were up 11 ...
Volkswagen supervisory board moves closer to Porsche merger, approves agreement contracts German carmaker Volkswagen AG said Friday its supervisory board had approved certain agreement contracts for the planned merger with German sportscar builder Porsche, taking the companies one step closer to completing ...
GM Daewoo Auto and Technology Co. said Friday it had started shipping new mini cars to Europe as the South Korean unit of US auto giant General Motors Co. seeks to expand global sales. GM Daewoo, acting as General Motors' global mini ...
DETROIT (Reuters) - More than 100 Chrysler Group LLC U.S. dealerships face possible closure if they cannot reach new financing deals with GMAC Financial Services or another lender, people involved in the process said on Thursday. Still, the automaker was "optimistic" all ...
FILE - In this Sept. 26, 2009 file photo, Nissan Motor Co.'s Leaf is seen at a Nissan technical design center in Atsugi, near Tokyo, Japan. (AP Photo/Itsuo Inouye, file) Copyright 2009 AP News
WASHINGTON (Reuters) - General Motors <GM.UL> should focus on making money and repaying U.S. Treasury loans before turning to public markets to sell the taxpayer's stake in the automaker, a senior government official said. Ron Bloom, head of the Obama administration's autos ...
South Korean auto giant Hyundai Motor Co. announced Wednesday it would join the growing crowd of foreign manufacturers planning new small cars for the Indian market. The automaker, the second-biggest in India with 21 percent of the market, aims to invest around ...
