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The company known as "Old GM" exited Chapter 11 bankruptcy on Thursday and was carved into four trusts, marking the close of one of the most complex Chapter 11 cases in U.S. history.
11:38 pm on March 31, 2011
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BMW's new venture capital company is setting up shop in New York City and will open what it calls 'an incubator lab' targeting innovations in mobile and location-based services.
9:49 pm on March 31, 2011
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The founder of Magna International is stepping down from his long-time role as chairman of the auto parts giant after ceding control of the company last year, according to a filing with U.S. regulators.
9:01 pm on March 31, 2011
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Toyota, coping with a rising yen and an earthquake-shattered supply chain, announced price increases today for many 2011 Toyota, Scion and Lexus models.
7:23 pm on March 31, 2011
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The sexy SLK Roadster is everyone's dream ride, not to mention the most affordable two-seater in Mercedes' lineup.
7:03 pm on March 31, 2011
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Delphi Automotive acquired stakes in the parts maker held by GM and the PBGC for about $4.4 billion. GM sold its Class A interest in Delphi Automotive for $3.8 billion. The automaker acquired the Class A stake in October 2009 for $1.
6:26 pm on March 31, 2011
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In an amazing three-year project, the Porsche Museum in Stuttgart had the 111-year-old Semper Vivus — the world’s first fully functional hybrid car — re-created.
6:02 pm on March 31, 2011
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The addition of the turbocharged engine to the Sportage really changes its driving demeanour. There is a crispness to its performance that’s very easy to like.
6:02 pm on March 31, 2011
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The new Kia Optima is a very well-conceived and well-executed car — it has great looks, a refined cabin and the right driving dynamics. It’s also priced to sell.
6:02 pm on March 31, 2011
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Nissan North America said it plans to appeal an Ohio state ruling that the automaker failed to adequately consider local market conditions in moving to terminate a dealership.
4:47 pm on March 31, 2011