Volkswagen named a 41-year-old former Porsche Holding sales expert who joined the Europe's largest carmaker only a year ago to its management board as new group head of sales and distribution
U.S. electric sports car maker Tesla Motors plans to go public soon, two sources familiar with the matter said, amid growing interest in green technology and battery-powered vehicles.
U.S. electric sports car maker Tesla Motors plans to go public soon, two sources familiar with the matter said, amid growing interest in green technology and battery-powered vehicles.
U.S. electric sports car maker Tesla Motors plans to go public soon, two sources familiar with the matter said, amid growing interest in green technology and battery-powered vehicles.
More than 100 Chrysler Group LLC U.S. dealerships face possible closure if they cannot reach new financing deals with GMAC Financial Services or another lender, people involved in the process said
Bombardier Inc's train-building segment has built a lot of momentum on the back of stimulus spending around the world, but the company's share price is unlikely to rebound until aircraft orders
Volkswagen AG said its supervisory board approved the final details of a 49.9 percent stake in sports car maker Porsche AG and an eventual tie-up with Porsche's parent company.
The Indian arm of Korea's Hyundai Motors is doing a study on the viability of a diesel engine unit in the country, which could help it reduce its dependence on Korea and gain a pricing advantage
U.S. carmaker General Motors will present a new viability plan for Opel in mid-December as it aims to reduce capacity across Europe by about 20 percent, a top executive said on Thursday.
General Motors should focus on making money and repaying US Treasury loans before turning to public markets to sell the taxpayer's stake in the automaker, a senior government official said.