For four generations, the Greens have built Chevys, Oldsmobiles, Buicks, Pontiacs and Cadillacs. But with GM's future uncertain, the family may have reached the end of the line.
M Q3 net dips 93% on forex loss
Mahindra & Mahindra (M&M), Indias largest tractor and utility vehicle maker, recorded Rs 26.7 crore net profit for the quarter ending 31 December, a 93.3per cent decline from the profit in the corresponding period of the previous year as the sales of its vehicles declined. The Rs 182 crore foreign exchange loss in the quarter also tapered the profit of the company.
John Rich â€" of the duo Big & Rich â€" has written a song called “Shuttin’ Detroit Down,†an anthem for the rank-and-file workers.
Ford Motor Co. said Thursday it lost $5.9 billion in the fourth quarter and burned through $5.5 billion in cash as sales slumped.
Toyota Motor Corp said Wednesday it would recall more than 1.35 million Vitz and two other models globally to repair a defect in the seatbelt, a component in the exhaust system or both.
President Barack Obama wants automakers to make greener vehicles at a time when General Motors and Chrysler are hanging by the thread of a huge government loan.
A top Chrysler LLC executive says the automaker should be viable by springtime because of its restructuring, introduction of new and improved vehicles, and higher sales.
Harley-Davidson Inc. said Friday it will cut 1,100 jobs over two years, close some facilities and consolidate others as it grapples with a slowdown in motorcycle sales.
The joke used to be that Fiat stood for Fix It Again, Tony! But the Italian automaker is positioned for a comeback in the U.S. after an absence of more than two decades.
Motorcycle makers showcased cheaper and more fuel-efficient models at the nation?s premier motorcycle show Friday, as the industry tries to navigate a tough economic road.
Just a few years ago, automakers took a scattershot approach to alternative fuels. But now a consensus is forming that the all-electric car is the wave of the very near future.
Inside the research centers of GM, Ford, and Chrysler, the companies are spending billions to develop plug-in electric cars at a time when gasoline has dropped below $2 per gallon.
For a show that?s normally heavy on the ritzy parties and celebrity sightings, there?s an unusual sense of practicality at this year?s Detroit auto show.