Daimler is in talks with Renault and other potential partners to forge a compact car cooperation by mid-2010, CEO Diter Zetsche said. “But it could certainly also go faster than that,” Zetsche told a German newspaper.
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Daimler is in talks with Renault and other potential partners to forge a compact car cooperation by mid-2010, CEO Diter Zetsche said. “But it could certainly also go faster than that,” Zetsche told a German newspaper.
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Toyota’s third-generation hybrid Prius is getting the kind of attention the automaker probably doesn’t want: Some owners are raising concerns about its braking system.
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GM is prepared to wait beyond the end of this week before deciding on the future of Saab as it reviews remaining bids, Bloomberg News reported.
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General Motors Co. is offering huge incentives to its dealers to speed up the sales of leftover inventory from its Saturn and Pontiac brands, that can push up the automaker’s December sales, The Wall Street Journal said.
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Faurecia Interior Systems USA Inc. must pay $10 million plus interest to Multimatic Inc. over a component of the instrument panels in two Chrysler vehicles, an appeals court has ruled.
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Ed Whitacre was reluctant when he was asked by the Obama administration to take over as chairman of struggling General Motors. Now he is acting CEO and seems to be relishing the role.
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Norwegian automaker Think, with production under way in Finland for its electric Think City, is firming up its proposals for a plant in the U.S. A public hearing is set for Jan.
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Ford Motor Co. today said the 2011 5.0-liter V8 Mustang GT will deliver 412 hp and 390 lb-ft of torque. The engine produces 83 hp per liter yet will return 25 mpg on the highway and 17 mpg in the city, according to Ford marketing boss Jim Farley.
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Unsecured creditors to bankrupt Visteon Corp. have asked a court to force the auto-parts supplier to provide documents about its reorganization plan, which they said leaves them “dramatically short-changed.”
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Global automakers will unveil a slew of cheap, compact cars at India’s Auto Expo next week as they turn to one of the few remaining growth markets to keep their engines humming.
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