Germany rescues Opel, for now
Germany has ensured that Opel's tens of thousands of workers will still have a job on Monday when its once-mighty US parent General Motors,...
Carmaker Volkswagen to raise 4.2 bln euros
Europe's biggest car maker, Volkswagen, said Friday it will issue almost 65 million new shares at 65 euros (86.67 dollars) apiece to raise fresh...
Ford to invest $1.1B to expand assembly plant in Kansas City
Ford Motor Co. plans to invest $1.1 billion to expand its Kansas City Assembly Plant in Missouri, reports The Detroit News.
The investment will create...
Ferrari is developing a V-8-powered, lower-priced model
Entry-level model:
Ferrari is developing a V-8-powered, lower-priced model. A hard-top convertible with 2+2 seating is planned. The yet-unnamed Ferrari is expected to appear...
The Ford C-MAX Hybrid Gets EPA Rated
Earlier in the year, Ford gave prediction that their upcoming C-MAX Hybrid would be able to achieve 47 mpg thus becoming America's most efficient hybrid...
GMC Sierra All Terrain HD Concept Takes Heavy-Duty Capability To New Ground
The GMC Sierra All Terrain HD concept is an exploration of heavy-duty truck capability combined with greater off-road versatility. It is highlighted ...
EU wants safer brake systems in cars to reduce pedestrian deaths
The European Commission on Monday proposed that all new cars be...
Bill Ford's New Vision
In a heartfelt memo to employees, Ford Motor Co. Chairman Bill Ford Jr. said Friday the automaker can only survive if it makes fundamental...
Automakers among nation's 'worst' advertisers
General Motors, Toyota, Volkswagen, DaimlerChrysler and Nissan are among the nation's worst advertisers, and Ford is among the best, according to the Parents Television...
GM's US sales plummet 49 percent
General Motors suffered a 49 percent year-to-year slump in US sales in January in a market driven by consumer fear of a deepening recession,...
