Aston Martin, whose cars have been driven by the Royal Family and cinema superspy James Bond, said the vehicle, to be called the Cygnet, would be ‘a new luxury commuter concept’
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Aston Martin, whose cars have been driven by the Royal Family and cinema superspy James Bond, said the vehicle, to be called the Cygnet, would be ‘a new luxury commuter concept’
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Efforts to save two leading European carmakers took a twist today that could change the ownership of both crisis-hit General Motors’ Opel and German sportscar maker Porsche.
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Belgium-based RHJ International is close to a deal to buy a stake in Opel after talks between parent General Motors and preferred bidder Magna International hit snags, the Financial Times reported.
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Hyundai Motor Co. today offered to allow customers to lock in fuel prices for new vehicles at $1.49 per gallon for a year in a sales promotion that takes aim at the economic anxiety of American consumers.
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General Motors’ CEO told a U.S. bankruptcy court today that the sale of GM’s main assets to government-backed “New GM” must win court approval in order for the iconic automaker to survive.
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A U.S. bankruptcy court judge opened a hearing on today on government-backed plans by General Motors to seek approval to sell its main assets to a “New GM.” The hearing began around 11 a.m.
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An Obama administration official urged General Motors’ bankruptcy judge to approve a swift exit from Chapter 11 to boost consumer confidence in the auto maker.
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Ford Motor Co. is increasing its third-quarter production forecast by 25,000 vehicles to 485,000 units, sales analyst George Pipas said Monday. That’s 67,000 units higher than the previous year, Pipas said.
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General Motors heads to bankruptcy court today seeking approval to sell its assets to a “New GM” in a planned overhaul under U.S. government ownership. GM will make the request to U.S.
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General Motors is heading to bankruptcy court today to seek approval to sell its assets to a “New GM” in a planned overhaul under U.S. government ownership. GM is seeking approval for the sale from U.S.
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