Chancellor Angela Merkel vowed Tuesday to keep in place the so-called ‘Volkswagen Law’ allowing the state of Lower Saxony a blocking minority of Europe's largest carmaker.
Automaker’s plan to morph itself from a truck to a car company is backed by market research showing that a new line of global small cars will be well received in the U.S.
Fitch Ratings says General Motors' credit rating is moving deeper into junk status because of the automaker's diminishing liquidity and lack of access to capital.
General Motors Corp. said it will not air a TV advertisement during the 2009 Super Bowl, as the automaker continues to slash expenses as part of its restructuring plan.
Swedish maker of air bags and other auto parts, plans to close its northeastern Indiana plant by the end of 2009, costing 380 workers their jobs.
Automaker closes its Doraville assembly plant on Friday, idling some 1,000 workers --down from 3,100 a few years ago.
Automotive parts maker effectively ended months of jockeying between the two rival companies, creating one of the world's largest autoparts makers.
Government of Brazil's Sao Paulo state says South Korean auto maker will build a $600 million plant in the city of Piracicaba.
Armored vehicle manufacturer is laying off more workers as its backlog of vehicles shrinks.
Automaker plans to eliminate Friday shifts and cut back to four-day work weeks as it reduces production at its Alabama assembly plant, according to published reports.
General Motors says it will begin selling the G3, a rebadged version of the Korean-built Chevrolet Aveo, under the Pontiac nameplate starting next year.
Detroit's top auto executives on Wednesday asked House Speaker Nancy Pelosi to fund a $25 billion loan program to help the companies modernize their plants.
Automotive seating supplier Lear Corp. plans to spend $10.8 million to expand its plant in South Carolina.
Tokyo-based Honda Motor Co. said its new air bag is the world's first that inflates in stages, mitigating the force of its deployment.
With plug-in hybrids unavailable commercially until 2010, some enthusiasts are turning to companies that retrofit a Prius with a second battery that doubles their gas mileage.
Canadian Auto Workers union said the solution is nothing more than a ‘bandage on a very, very deep wound’ on the soon-to-be shuttered truck plant in Oshawa, Ont.
Automaker said contract talks for workers at its plant in Normal, Ill., are scheduled to resume Sept. 24; most recent contract expired on Sept. 5.
Automaker says it will slow production at its assembly plant in south-central Kentucky and layoffs are possible.
Auto supplier said the cuts are part of a restructuring plan that will streamline business, consolidate or close locations and lower general and administrative staffing.
Following a closed-door meeting with lawmakers, Ford said the industry's push for low-interest loans has not been undermined by the turmoil enveloping Wall Street.
With plans for a new headquarters and factory in San Jose, Tesla hopes it's taking the first step toward making electric cars a presence in the driveways of average Americans.
Toronto Star is reporting that no workers will face layoffs next year as a result of General Motors' closing of its truck plant in Oshawa, Ontario.
CEO Rick Wagoner unveiled General Motors' long-awaited electric car Tuesday and said the turmoil in U.S. financial markets should not affect government loan guarantees.
Federal prosecutors say three ex-employees of the auto parts supplier have pleaded guilty in a plot to steal trade secrets and sell them to Chinese competitors.