Tata Motors Ltd (TAMO.BO), India's largest vehicle maker, needs to raise an estimated $1 billion in fresh equity and asset sales to deleverage its balance sheet and cut its debt-to-equity ratio to reasonable levels, according to analysts.
Chrysler Group LLC said on Thursday it is now confident enough about its business to accept product defect claims that arise on vehicles built before its sale process was completed in June.
China's Tengzhong may finalize a deal with General Motors Co GM.UL as early as next week to acquire the U.S. automaker's Hummer brand, a source familiar with the deal said on Friday.
Toyota Kirloskar Motor (7203.T) is planning to make India an export hub for small cars by 2012, including of a compact car that is being designed in Japan for Indian conditions.
Toyota Motor Corp will end production at a California plant it has shared with General Motors for 25 years, prompting regret and criticism from labor and politicians facing more job losses in an industry and a state pummeled by recession.
The German government said on Friday its talks with General Motors on the sale of carmaker Opel would take some time yet and made clear it still favored a bid from Canadian supplier Magna.
Just two months out of bankruptcy, Chrysler Group has renewed the hunt for a manufacturing partner in China as it prepares to revamp its product lineup under the control of Italy's Fiat SpA (FIA.MI), three people with knowledge of the discussions said.
French car maker PSA Peugeot Citroen (PEUP.PA) sees total car demand in Europe in the second half of the year falling less than expected, its head said on Wednesday.
Nissan Motor Co Ltd (7201.T) and Chrysler Group LLC said on Wednesday they have abandoned vehicle-supply projects announced last year that would have provided Nissan with a Chrysler-produced pickup truck.
Volkswagen's (VOWG.DE) Portuguese unit said on Thursday it was cautiously optimistic about a recovery trend in car sales in Europe and cancelled planned temporary layoffs of several days over the next two months.
World number two truck maker Volvo AB (VOLVb.ST) said its truck shipments fell 54 percent year-on-year in July as the economic downturn weighed on demand for commercial vehicles across the globe.
Opel has the liquidity to operate until next year, a senior German government official said on Thursday as a rift appeared to develop in the ruling party over whether the General Motors Co unit should be sold to Canada's Magna International (MGa.TO).
Toyota Motor Corp has decided to end production at a California plant it has shared with General Motors for 25 years, industry sources said on Thursday.
Ford Motor Co said on Thursday it is adding shifts at its truck plants in Michigan and Missouri in response to increased demand for its F-150 pickup trucks and Escape SUVs.
The U.S. Energy Department will award $300 million to a clean cities program to help communities buy alternative fuel vehicles, Vice President Joe Biden and Energy Secretary Steven Chu said on Wednesday.
Dongfeng Motor Group (0489.HK), China's No.3 carmaker, said it expects the domestic market to grow an average 15 percent over each of the next three years, fueled by strong appetites among an emerging middle class.
Last November, General Motors was burning cash on a fast-track to failure and desperate to cut any deal to save itself and its German unit Opel.
Mitsubishi Heavy Industries Ltd, Japan's biggest heavy-machinery maker, on Wednesday said it plans to start mass-production of industrial-use lithium-ion batteries in late 2012.
The German government might drop its opposition to Belgian-based financial investor RHJ International (RHJI.BR) as a buyer for General Motors' GM.UL European unit Opel, Bild newspaper reported on Thursday.
Italy's Fiat SpA (FIA.MI) needs to find a better route into the booming Asian car markets if it wants to catch its competitors and seal a place near the front of the grid of global automakers.
For a few frenzied weeks this summer, the U.S. auto industry has been partying like the good old days of 2007 -- before demand dropped off a cliff.
Toyota Motor Corp (7203.T) plans to raise its production in Japan for the first time in 16 months in November thanks to a recovery in auto sales driven by government incentives, the Asahi newspaper reported on Tuesday.
U.S. auto giant Chrysler has not signed a deal with Fiat's Chinese partner Guangzhou Auto [GAIGPA.UL] to produce Jeeps in China, a Chrysler spokesman said on Tuesday, after media reported there was an agreement.
General Motors' chief negotiator in the sale of Opel will on Tuesday meet a task force created by the German government to discuss the U.S. carmaker's plans for the European unit, a German politician said.
General Motors Co is considering keeping its Opel business in Europe instead of selling it by winning billions of dollars in aid from the U.S. and European governments, the Financial Times reported on Monday.
AutoNation Inc (AN.N), the largest U.S. chain of auto dealers, decided to end its
The Obama administration will not get involved in General Motors Corp.'s choice of a buyer for its Opel operations in Europe, an administration official said on Monday.
The German government sought to calm a growing transatlantic row over the fate of carmaker Opel on Monday as unions threatened
Volkswagen AG (VOWG.DE) agreed on Saturday to give workers at its plant in Mexico a small raise, clearing the way to end a strike in an industry already hurt by the U.S. recession.
Toyota Motor Corp (7203.T) will recall 688,314 Camry and other sedans made at its two China joint ventures from Tuesday, its largest recall in the country, to fix a faulty electric switch to the window.
