Saab Moves Forward With Youngman
The disbanding of Saab Automobile is continuing to take place. The automaker's former parents, Swedish Automobile N.V., have now entered into discussions with Chinese...
US Treasury finalizes 4-billion-dollar loan to Chrysler
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...
Ford US auto sales jump 24 percent in January
Ford Motor Co. posted a 24 percent jump in January US auto sales on Tuesday and estimated its market share grew by two points...
Hyundai Wins at AutoPacific Satisfaction Awards
Three Hyundai's took home top spots at AutoPacific's Satisfaction Awards: the 2011 Sonata, Elantra and Genesis Sedan. Winning the "Premium Mid-Sized Sedan", "Compact Car" and the...
Toyota Puts a Date on 100 Percent
The March 11 earthquake and tsunami that wreaked havoc on Japan did more than just devastate the people and their land: it put a massive...
Libya announces 900 mln dlr oil deal with BP
Libya announced on Tuesday it will sign a 900-million-dollar exploration deal...
Carmakers Accelerate Efforts To Build Next-Generation Hybrid
High prices at the pump have sparked more interest than ever in hybrid vehicles, but while gas-electric types lead in availability, hydrogen-powered and other...
GMAC stable after latest bailout
GMAC, the troubled former finance arm of General Motors, has been "stabilized" since the latest government bailout, a special US adviser told a congressional...
Chrysler Group LLC Begins the Process of Establishing Fiat Dealer Network
Chrysler Group LLC has begun the dealer selection process for the reintroduction of the Fiat brand in the United States.
The Fiat brand in the...
Fiat CEO Marchionne to give up leadership of auto unit in 2007
Fiat SpA Chief Executive Sergio Marchionne announced Thursday that he will give up his leadership of the company's auto unit in 2007 and that...
