Toyota Motor and Mazda Motor announced a deal under which Japan's top automaker will supply its hybrid technology under license to Mazda, in the latest link-up within the fast-changing auto industry.
Li Shufu, the plain-spoken chairman of China's Zhejiang Geely Holding Group, faces a long, uphill journey to return Ford Motor's prestigious but loss-making Volvo brand to profitability.
Zhejiang Geely Holding Group, China's largest private-run car maker, has agreed to acquire Ford Motor's Volvo car unit, a Volvo spokesman said on Sunday.
Zhejiang Geely Holding Group, China's largest private-run car maker, will sign an agreement on Sunday with Ford Motor to buy the U.S. carmaker's Volvo car unit, a Volvo spokesman said on Saturday.
Zhejiang Geely Holding Group, China's largest private-run car maker, will sign an agreement on Sunday with Ford Motor to buy the carmaker's Volvo car unit, a Volvo spokesman said on Saturday.
The Renault-Nissan group and Daimler AG are considering taking symbolic stakes in each other and working on bigger joint projects, sources said, in the face of intense pressure to cut costs and develop cleaner cars.
Geely founder Li Shufu, China's Henry Ford, looks set to rewrite the automotive history books this weekend with the purchase of Ford's Volvo car unit, which would be China's largest offshore auto deal.
General Motors Co plans to lease retail space in four U.S. cities to offer shoppers the chance to test drive not only three Chevrolet vehicles but those of its largest rivals, a top marketing executive for the U.S. automaker said on Wednesday.
Ford Motor Co Chief Executive Alan Mulally's total compensation rose almost 6 percent to $17.9 million in 2009 from the previous year, the automaker said on Monday.
Toyota Motor Corp slipped for the second consecutive year in an influential vehicle dependability study released on Thursday.
Jerry York, a long-time adviser to billionaire investor Kirk Kerkorian and executive whose career spanned the auto and technology industries, has died, Apple Inc said on Thursday.
Toyota and its luxury Lexus brand slipped for the second consecutive year in an influential vehicle dependability study released on Thursday.
Britain announced hundreds of millions of pounds in aid to Ford Motor and Nissan Motor for the development of environmentally friendly technologies as it seeks to become a world leader in ultra low-carbon vehicles.
Apple Inc board member Jerry York was hospitalized on Wednesday near his home in Detroit after suffering a collapse, a person familiar with the matter said.
Zhejiang Geely Holding and Ford said they were still on track to sign a deal this month for Ford's Volvo cars unit, after a Chinese newspaper said Geely's planned $2 billion purchase faced hurdles.
Europe's vanmakers have gone a long way toward meeting proposals to curb climate-warming emissions, but as debate on the 2016 targets kicks off big auto is seen digging its heels in over the last mile.
The parent of China's Geely Automobile has secured financing to buy Ford-owned Volvo cars for about 15 billion Swedish crowns ($2.10 billion), a Swedish business daily reported on Wednesday.
Ford Motor Co, aiming to take back the top spot in U.S. sports car sales, will tout the improved fuel economy of the Mustang in a marketing blitz to correspond with the release of 2011 model this spring.
General Motors Co Vice Chairman Bob Lutz will retire from the automaker effective May 1, people briefed on the plans said on Wednesday.
Hybrid and electric cars are the stars of motor shows, but the expensive technologies could take a decade to really hit European roads as automakers improve petrol and diesel cars to meet short-term emissions targets.
U.S. auto sales stalled in February as a safety crisis sent Toyota Motor Corp reeling, allowing Ford Motor Co to leap into the industry's top spot for the first time since 1998.
U.S. auto sales stalled in February as a safety crisis sent Toyota Motor Corp reeling and cleared the way for Ford Motor Co to take the industry's top spot by sales for the first time since 1998.
