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Barack Obama will drive to the White House in an updated and more stylish presidential limousine that will give him a better view of...

The union of South Korea's ailing Ssangyong Motor on Monday called for its members to go on strike, in protest over potentially massive layoffs...

The US Treasury said it has finalized a 4-billion-dollar loan to troubled cash-strapped carmaker Chrysler. "Treasury today finalized the loan transaction for Chrysler car company...

Sales of new cars in Spain plunged a record 28 percent in 2008 as the country's economy suffered an abrupt downturn and demand plunged,...

The US Treasury said it had finalized a 4-billion-dollar emergency loan for troubled General Motors, the biggest US automaker. The department "today finalized the loan...

Auto finance giant GMAC and its former parent General Motors unveiled plans Tuesday to expand lending to jump-start the sputtering auto sector a day...

Canadian Prime Minister Stephen Harper on Saturday announced a 3.3-billion-dollar rescue package for US automakers based in Ontario. The package loans three billion Canadian dollars...

President George W. Bush on Saturday defended his decision to give financial aid to struggling US automakers, arguing that their uncontrolled bankruptcy could plunge...

The government could arrange loans to help luxury carmaker Jaguar Land Rover within days, the Financial Times said on Saturday, as a top Labour...

US automakers mulled painful reforms on Saturday after President George W. Bush unveiled a 13.4 billion dollar rescue loan for the struggling industry, but...