Auto Industry

GM Says it Will Keep Opel

U.S. automaker GM Co. said Tuesday business is looking up so it's not going to sell its Opel division.


GM, Ford Say Sales Up; Chrysler Down

Two out of three U.S. automakers reported vehicle sales increased in October, with Chrysler Group LLC reporting sales slumped significantly, down 30 percent.


GM to to Draw Another $2.8 Billion Dollars to Purchase Delphi

Ailing US carmaker General Motors (GM) plans to draw on another 2.8 billion dollars in aid from the US government in an effort to purchase parts of Delphi, a car parts maker spun off from GM in 1999.


Ford Posts Profits of $997 million 3Q

US giant automaker Ford Motor Company (NYSE:F) announced Monday a net income of 997 million US dollars in the third quarter, surprising many analysts as weak economic conditions continue worldwide.


Chrysler Offers New Round of Buyouts

U.S. automaker Chrysler Group LLC says it has offered buyouts and early retirements to 23,000 workers in a bid to cut costs.


Auto Dealers Running Low on Both New, Used Cars

Improvisation could become routine as auto retailers adjust to a leaner life after Cash for Clunkers. The $3 billion government stimulus program, which offered consumers $3,500 to $4,500 incentives to trade in their old gas guzzlers for new vehicles, left most new-car lots in the area half-empty.


10 Things You Should Know About the 2010 Dodge Ram HD

The 2010 Dodge Ram HD aims to impress -- let us show you the ropes.


Tokyo Auto Show Spotlight: 15 Futuristic Rides

To the eye, vehicles displayed at the Tokyo Auto Show lean more towards "transportation of the future" than "in dealerships next fall," but many of the exotic concepts shown are grounded in new hybrid and electric propulsion technology that is very close to being a reality today. And while many of the production vehicles shown at the Tokyo Auto Show are likely never to see U.S. roads, some will, like this $375,000 Lexus LFA supercar. So with that, open your imagination to these 15 futuristic rides from the 2009 Tokyo Auto Show.


Ford Will Debut New Cup Engine this Weekend at Talladega

Ford (NYSE:F) will finally debut its new generation Cup engine this weekend at Talladega.


Detroit Auto Show is Booked, Signaling Hope for Industry

The car industry has defied the sales slump and put on an optimistic face, booking up all exhibit space at Detroit's traditional Auto Show in January, the organizer said Tuesday


Old GM Plant to Produce Electric Vehicles

A deal to reopen a former General Motors Co. (GM) plant in Wilmington, Del., as a factory producing electric vehicles is in the works, the White House said.


GM Gets Federal Grant to Convert Engine Heat

U.S. automaker General Motors Co. received a 2.6-million federal grant on Monday to develop technology that will let the automaker convert waste heat from car engines into electricity, and boost vehicle efficiency.


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