Ford to invest 400 million dollars in US SUV plant
Ford Motor Co. said Tuesday it was investing nearly 400 million dollars to build a new version of its Explorer sport utility vehicle at...
GM seals deal to sell Saab to Spyker
US automaker General Motors has agreed to sell its Saab brand to Dutch luxury sports car manufacturer Spyker, US television channel CNBC said Tuesday. A...
GM to invest $246m in electric motors
General Motors announced plans Tuesday to invest 246 million dollars to design and manufacture electric motors, saying the first were scheduled to debut in...
Confirmed GM chief vows to repay loans by June
General Motors has given the wheel of the troubled auto giant to Ed Whitacre, who agreed to become permanent chief executive in addition to...
Jaguar Land Rover CEO stepping down
Struggling carmaker Jaguar Land Rover's chief executive David Smith stepped down on Monday, the company said, after a breakdown in negotiations on workers'...
Rockford, Best Buy Parting Ways
Rockford Fosgate's car audio products will leave Best Buy after a 10-year run. The relationship will "wind down" in May 2010, parent Rockford Corp....
Saab talks still ‘uncertain’, says Spyker
Dutch sportscar maker Spyker said on Monday that the outcome of ongoing negotiations with General Motors over the acquisition of Sweden's Saab remained "uncertain." "Spyker...
Whitacre to be confirmed as GM chief
US auto giant General Motors interim chief executive Ed Whitacre is to be named permanent CEO and chairman, the CNBC business news network said...
Fiat forecasts return to profit in 2010
Italian automaker Fiat on Monday reported a higher-than-expected net loss in 2009 but forecast a return to profit this year as long as European...
Toyota global sales slide, cutting lead over VW
Japan's Toyota Motor Corp. said Monday its global vehicle sales fell 13 percent in 2009 to about 7.81 million vehicles, reducing its...
