Ford pays down $4 billion in debt
Ford Motor Co said it is paying $3.8 billion in cash to settle a debt to a health care trust in a signal of its confidence that it remains on track to deliver solid profits this year.
Tesla Motors' underwriters sell more shares
Tesla Motors Inc underwriters sold an additional 2 million shares in the electric carmaker on much stronger than expected demand for stock of the still-unprofitable company
Special report:Is Tesla the future or the new Government Motors?
Elon Musk, the chief executive and major investor behind Tesla Motors Inc, has sometimes taunted U.S. automakers, painting his fledgling company as everything Detroit would like to be if it could start over: cooler, greener and ensconced in a much better neighborhood.
Tesla CEO blames new model push for losses
Tesla Motors Inc's founder said his company could be profitable if it continued to make pricey sports cars, but is instead forgoing income to build a car aimed at mass-market commuters.
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2010 Mercedes-Benz E300 L (Long-Wheelbase)
The E 300 L is actually the first model that Daimler developed specifically for the Chinese market
Honda new hybrid to be cheapest one in Japan: report
Honda Motor Co 's new hybrid car will cost one fifth less than the cheapest hybrid on the Japanese market, according to a newspaper report -- a move that may make hybrids low profit margin models for automakers.
Geely lines up regional investor for Volvo buy
Auto maker Zhejiang Geely said on Thursday it was teaming up with Chinese regional asset manager Daqing State Asset Operation Co in its planned $1.8 billion takeover of Ford Motor Co's Volvo Cars unit.
Ford Motor to invest $450 million in new Thai plant
Ford Motor Co plans to invest $450 million to build a new manufacturing plant in Thailand, with the bulk of the output destined for export markets as part of its expansion in Asia Pacific.
Toyota says China plant output to remain suspended
Honda Motor Co halted production at a car making factory in southern China on Wednesday, making it the second car maker after Toyota Motor Corp to turn off assembly lines because of a strike at a supplier owned by Japan's Denso Corp.
Honda: China plants to restart, supplier strike ends
Honda Motor Co said production at Chinese joint venture Guangqi Honda's two factories would resume on Thursday after a one-day disruption caused by a strike, now ended, at a Chinese factory of Japan's NHK Spring (5991.T).
Fiat keeps Naples plant future in limbo
Car maker Fiat SpA stopped short of sealing its near $1 billion investment for the survival of its Naples plant after less than full labor support for plans to boost productivity there.
BMW sticks to FY sales target despite early jump
German premium carmaker BMW is sticking to a single digit percent 2010 sales growth forecast, despite outperforming in the first five months, as tougher comparatives and global fiscal changes kick in.
China labor strife silences Toyota, Honda plants
Japanese auto makers Toyota and Honda said major car factories in south China halted work on Wednesday due to strikes at parts suppliers, as worker discontent continued to jolt the industry and unnerve investors.
Analysis: Ethanol blend rise may revive auto industry
U.S. automakers oppose raising the blend of ethanol in gasoline from the current 10 percent, saying cars won't run as well on higher blends, but Brazil's experience shows their arguments are weak.
New strike in China affects supplier to Toyota and Honda
A strike at a Japanese car parts supplier in southern China forced Toyota Motor Corp to suspend production at a Chinese auto assembly plant on Tuesday, the latest in a string of labor-related disruptions at foreign-owned manufacturers across the country.
US ethanol blend rise may revive auto industry
U.S. automakers oppose raising the blend of ethanol in gasoline from the current 10 percent, saying cars won't run as well on higher blends, but Brazil's experience shows their arguments are weak.
Toyota, EDF trial plug-in Prius in Britain
Japanese carmaker Toyota UK and French utility EDF are starting three year trial of the Plug-In hybrid Prius car in Britain, the companies said on Monday.
Toyota to make Corollas in Mississippi in 2011
Toyota Motor Corp is resuming construction of a plant in Mississippi that was put on hold during the economic downturn, and plans to make its top-selling Corolla sedan there starting in autumn 2011.
Ford jumps and Toyota plunges in key quality measure
Ford Motor Co ranked No. 1 for new car quality among mass-market brands while recall-hit Toyota Motor Corp plunged in a closely watched quality survey released on Thursday.
UAW elects veteran Ford negotiator president
The United Auto Workers on Wednesday overwhelmingly elected Bob King as its president in an endorsement of the sweeping concessions the union made to U.S. automakers in recent years in a bid to ensure their survival.
Toyota revives Brazil and U.S. plant projects: report
Toyota Motor Corp is set to resume construction of car assembly plants in Brazil and Mississippi which were put on hold amid the global financial crisis, the Nikkei business daily said on Thursday.
GM to restructure Opel without European aid
General Motors said on Wednesday it was dropping its request for European aid to restructure its Opel unit, opting to fund the sweeping turnaround plan on its own after government talks bogged down.
VW shrugs off 2010 caution after bumper 5 months
Volkswagen shrugged off previously cautious outlooks for 2010 profit, saying a forecast-beating performance in the first five months meant it would now significantly exceed last year's results.
Volkswagen aims for 4 percent U.S. market share
Volkswagen AG sees the newest Jetta model bolstering U.S. sales of the car by as much as 25 percent by 2012, helping the automaker seize up to 4 percent of the U.S. auto market.
Tesla to raise $185 million from IPO, private placement
The company said the IPO of 11.1 million shares will be priced at $14 to $16 per share.
Honda China strike could spur broader worker demands
A strike at a Honda Motor parts supplier in southern China could augur broader demands across China's vast manufacturing belt as workers seek a bigger piece of the nation's growing economic wealth.
Chrysler says generating cash, building momentum
Chrysler is generating the cash needed to rebuild its product portfolio as sales continue to gain momentum, Chief Executive Sergio Marchionne told employees on Friday.
GM bans use of Chevy brand name internally
General Motors Co has banned the use of the popular Chevy nickname for its flagship Chevrolet brand internally but would more than welcome if a customer calls his or her car Chevy.
Chrysler recalls nearly 600,000 vehicles
Doors that could catch fire, brakes that could fail and accelerators that could stick have caused Chrysler Group LLC to recall nearly 600,000 vehicles involving five models in the United States.
Changan to make Ford car under own brand: sources
Chongqing Changan Automobile is in talks with partner Ford Motor to produce a mid-sized car in China using Ford technology but carrying a Changan brand, as they move to take their partnership to a new level.
Daimler would welcome Chinese shareholders: CFO to media
Daimler would welcome having Chinese investors as shareholders and will itself remain a major owner of aerospace giant EADS, the German carmaker's Chief Financial Officer was quoted as saying.
Opel gets more time to lobby Germany on aid
The German government has delayed a vote which was expected to rule out federal aid for General Motors' European unit Opel, giving Opel's supporters a few more days to lobby Berlin to change its mind.
GM and Chrysler real chance for growth: Obama adviser
General Motors and Chrysler are reasonably positioned for growth after U.S. intervention saved the companies last year, and government support for the auto sector will begin to be pulled back, the manufacturing adviser to the president said on Thursday.
Honda to resume China car production on Friday
Honda Motor Co said it will resume car output at four plants in China on Friday but the outlook for next week remains uncertain as some workers at a parts factory have not yet agreed to a full return to work.
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