If electric cars plug in at rates hoped for by automakers in the coming years, there will be enough power to serve them, the biggest U.S. electric utilities industry group vowed on Wednesday.
The Obama administration was deeply divided over whether to fund Chrysler's restructuring in bankruptcy and whether the automaker could survive to repay the investment, according to a former senior official.
Geely Holding's discussions to acquire Volvo from Ford Motor Co have stalled over disagreements on intellectual property, a source close to the talks said on Wednesday.
U.S. automaker Ford Motor Co may beat consensus estimates in the third quarter, an analyst at Barclays said, while raising his outlook for the quarter and upgrading the stock to equal weight from underweight.
Diversified U.S. manufacturer United Technologies Corp reported a 17 percent drop in third-quarter profit, that nonetheless beat Wall Street estimates, as cost-cutting helped offset slumping demand.
A Chinese national accused of stealing trade secrets from Ford Motor Co was employed by Beijing Automotive Industry Holding Corp , China's fifth-biggest automaker, but was in the United States on personal leave when he was arrested, BAIC said Monday.
Yang Rong, a Chinese automobile tycoon who fled the country after being accused of economic crimes, said he plans three multi-billion-dollar U.S. plants to make 3 million clean-technology vehicles per year by 2017.
SAIC Motor Corp , China's biggest automaker, is in talks with its partner General Motors to explore new business opportunities that include India, a source with knowledge of the matter said on Friday.
A Chinese man who formerly worked at Ford Motor Co has been arrested and charged with stealing trade secrets, including sensitive design documents, from the automaker, the U.S. Justice Department said on Thursday.
Ford Motor Co is expanding its largest ever recall -- involving faulty cruise control deactivation switches that have caused fires -- by 4.5 million vehicles, regulators and company officials said on Tuesday.
Ford Motor Co said its China vehicle sales in the third quarter jumped 79 percent from a year earlier as Beijing's stimulus policies bolstered auto demand.
The United Auto Workers and Ford Motor Co announced a tentative agreement on Tuesday with a no-strike provision and other concessions to bring its labor costs in line with U.S. rivals.
Ford Motor Co is expanding its massive vehicle recall linked to faulty cruise control switches by 4.5 million vehicles, the U.S. government said on Tuesday.
The United Auto Workers and Ford Motor Co have reached a tentative agreement on contract changes the automaker wants to bring labor costs in line with U.S. rivals, the union and company said on Tuesday.
Dollar Thrifty Automotive Group Inc (DTG.N) said on Monday it would slash its 2010 car rental purchases from Chrysler and that its average fleet costs had stabilized at levels it hoped to maintain next year.
Chinese car sales soared to a record in recent months on government incentives, but the same money tap that turbocharged sales could easily be turned off in 2010 if Beijing frets about an overheating economy.
Geely Automobile Holdings Ltd (0175.HK) said on Monday that it posted record sales of 32,053 cars in September, more than double the same month last year and up 40 percent from August.
Ford Motor Co (F.N) is getting close to a deal revising its contract with the United Auto Workers, according to a person briefed on six-week-old talks in which the automaker has aimed to gain concessions the union has already granted to GM and Chrysler.
Tata Motors Ltd (TAMO.BO), India's largest commercial vehicle maker, said it raised $750 million by issuing global depositary receipts and convertible bonds to pay down debt taken on for its acquisition of the loss-making Jaguar and Land Rover brands last year.
Ford Motor Co is nearing a deal with the United Auto Workers to bring its labor contract in line with concessions granted to GM and Chrysler, according to a person briefed on the talks.
Ford Motor Co is nearing a deal with the United Auto Workers to bring its labor contract in line with concessions granted to GM and Chrysler, according to a person briefed on the talks.
The Canadian Auto Workers expect to return to full scale formal contract negotiations with U.S. automaker Ford Motor Co on October 26, the union said on Thursday.
