21 Nov 2012, 14:06 UTC · By: Vali Mihaescu / Ze germans are attacking. The angry German carmaker, Porsche, accused famous U.S. auto brands like General Motors and Ford for pushing the automotive industry on the brink of financial ruin.
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21 Nov 2012, 14:06 UTC · By: Bogdan Popa / General Motors today said that its news conference scheduled for the Los Angeles Auto Show has been canceled due to a so-called bad timing in the context of poor financial results recently reported ...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / General Motors and Chrysler received the first $4 billion in emergency loans from the United States government from a total of $17.4 billion the Bush administration approved before Christmas. The go...
21 Nov 2012, 14:06 UTC · By: Dragos Rusu / For those of you who don't know it, golf star and overall role model Tiger Woods currently makes a lot of money endorsing different products. This is the way sportsmen manage to squeeze a few e...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / General Motors should try to find a buyer for its Swedish brand Saab, Opel's head of the works council,Klaus Franz, said today, pointing that Saab has the potential to revamp sales by itself us...
21 Nov 2012, 14:06 UTC · By: Vali Mihaescu / The car from down under, the supreme ruler of the Australian outback roads, Holden was awarded by ANCAP with a 5-star safety rating for the upgraded model, the VE Commodore Omega sedan.
The upgr...
21 Nov 2012, 14:06 UTC · By: Vali Mihaescu / Ward's Automotive Group announced the 2009 best engines list, which which people say it would probably reshape the US automotive landscape. Ward's list is a prestigious recognition brought...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Even if the still-called the largest carmaker in the world General Motors repeatedly said it may run out of cash in early 2009, it still has to make a number of payments which, in the opinion of the...
21 Nov 2012, 14:06 UTC · By: Vali Mihaescu / Not long ago Executives from major U.S car manufacturers were accused at the first congressional hearing for burning up to $2 billion a month. Now, the U.S. Congress finally agreed on giving a loan ...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Continental is one of the first suppliers in the automotive industry that counteracts the financial crisis, with the company's officials today confirming that the Blythewood, S.C. Plant is due ...
21 Nov 2012, 14:06 UTC · By: Tudor Raiciu / Touted as engineering masterpieces with zero flaws and top safety, cars are still designed and built by humans and their little robotic friends and as such, the likelihood of a faulty component in t...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Chrysler continues its efforts to remain in the automotive industry with a new cost-cutting measure, this time related to its production plants all over the United States. The American company said ...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / While the American auto industry is experiencing probably the toughest period in its history, with the largest three carmakers fighting for their lives, General Motors is heading to other markets th...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / President-elect Barack Obama thinks that firing executives could prove to be a very smart move when talking about automotive companies reorganization and agrees that using the same market strategy a...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / There's no doubt that the American government should help US carmakers counteract the global recession but the bailout numbers are continuously changing, with not even a single loan package cur...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Even though the United States Congress has already approved a $25 billion funding program for the local carmakers, future of several car manufacturers is still in doubt overseas as the Canadian gove...
21 Nov 2012, 14:06 UTC · By: Vali Mihaescu / The decline of car sales around the world is probably going to be the final nail in the coffin for some of the major automotive brands. After the economic recession it is predicted that will be a nu...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / US Government's involvement in the automotive industry crisis is still the main debate in the United States with lawmakers, senators and even the president participating to negotiations. While ...
21 Nov 2012, 14:06 UTC · By: Vali Mihaescu / It would seem that U.S. automakers are getting close to their goal of obtaining the $15 billion package that was offered to them earlier in the week.
The White House opposed the Democratic bid. A...
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Following rumors claiming that GM may be interested in a merger with its brother in pain Chrysler, representatives of the world's largest carmaker came out and denied all speculations, pointing...