GM notifies 1,100 dealers they’re out
General Motors notified 1,100 of its 6,000 dealerships Friday that it is terminating their contracts with the struggling automaker, the first step in an...
Gas prices rise by 12% in 3 weeks
Gas prices rose overnight, with the national average up nearly 12% in less than three weeks, according to a daily survey. The national average price...
Ford on track to return to profit in 2011
Ford Motor Co. remains on track to return to profitability by 2011 and will not need government loans to help it survive the current...
Chrysler closing 789 dealerships
Chrysler LLC will close down 789 dealerships, or roughly 25% of the current number, according to a plan filed in bankruptcy court Thursday. Chrysler had...
2010 Opel Astra
Rüsselsheim. Integrating German engineering excellence, fluid sculptural design and accessible innovative technologies, the new Opel Astra captures the philosophy which quickly made the Insignia...
Fisker CEO has plans for smaller electric car in 2010
Pontiac will be at the center of the action, according to the head of Fisker Automotive, as he plots the company’s strategy for moving...
Ferrari contributes to rebuilding the Abruzzo region
Ferrari has announced that it will offering a very special car at the RM Auction due to be held this coming Sunday. The car,...
Japan’s Nissan posts first loss under CEO Ghosn
Nissan Motor Co., Japan's number three automaker, announced Tuesday its first annual loss in almost a decade and said it expected to stay in...
US fund Ripplewood interested in Opel
US investment fund Ripplewood is interested in Opel, the German unit of struggling General Motors for which Berlin is trying to find a buyer,...
Renault takes major hit on Nissan losses
French automaker Renault said on Tuesday that losses at Japanese unit Nissan Motor will cost it 1.15 billion euros (1.57 billion dollars) in the...
