Renault and Nissan are making progress in talks with General Motors Corp about forming a three-way alliance but the outcome is still open, Carlos Ghosn said in a newspaper interview.
Two months of talks between General Motors Corp., Renault SA and Nissan Motor Co. have resulted in little progress toward a possible alliance, according to the Wall Street Journal and Detroit News.
General Motors is partnering with the state of Florida and Inland food stores to boost the use of the bio-friendly E85 ethanol fuel in a bid to promote awareness for its “Live Green, Go Yellow†campaign.
U.S. auto sales have been slipping as domestic automakers have struggled to boost sales amid high gas prices this year - a trend that will continue into next year, industry executives and analysts said.
Ford Motor Co.'s new chief executive Alan Mulally will receive $18.5 million in one-time compensation to join the troubled automaker, the company said in a regulatory filing on Friday.
Delphi Corp., posted a half year loss of $2.6 billion of which the bulk comes from its special attrition program.
General Motors Corp. on Thursday said it would build a revived version of the Camaro muscle car to go on sale in early 2009.
Don't be surprised to see the Big Three automakers lower production forecasts for the rest of the year in light of soaring gasoline prices, slowing economic growth, and the sorry state of affairs in the automobile industry.
General Motor's bid to turn around its massive ship towards profitability is starting to show some results. However the company is taking very heavy losses on the way.
General Motors Corp Chief Executive Rick Wagoner insisted on Tuesday he planned to keep his job even if the U.S. carmaker strikes a three-way alliance with rivals Renault SA and Nissan Motor Co.
General Motors Corp., Renault SA and Nissan Motor Co. agreed on Friday to review the benefits of a potential alliance that could change the world auto industry.
General Motors Corp. Chief Executive Rick Wagoner will meet with Nissan Motor Co. Ltd. and Renault SA Chief Executive Carlos Ghosn in Detroit in mid-July, a person familiar with the situation said on Wednesday.
On Monday, the boards of automakers Renault SA and Nissan Corp. confirmed that they were interested in forming an alliance with the world's largest car company, General Motors Inc.
France reacted cautiously on Tuesday to the idea of a tie-up between carmaker Renault, its Japanese partner Nissan and U.S. rival General Motors as Renault shares fell.
An audacious plan for a tie-up between General Motors Corp and Renault that would create a $100 billion global auto giant was set to come before the board of the French carmaker late on Monday.
qGeneral Motors Corp. said on Monday that 35,000 workers - or almost a third of its hourly work force - had accepted payouts to retire and leave the company, topping expectations and putting the world's largest automaker two years ahead of schedule on planned job cuts.
Chrysler Group, a unit of DaimlerChrysler AG, will roll out a new program of discounted vehicle pricing in July in a move intended to clear an overhang of unsold 2006 models, the company said on Wednesday.
Workers angered by General Motors' plan to shut down an assembly plant in Portugal will stage protests starting next week at GM factories in Germany and Spain, a labor source told Reuters on Friday.
More than 20,000 blue-collar workers at General Motors Corp. have accepted buyout offers, surpassing the automaker's internal target, with a month to go before the deadline, the Detroit News reported on Thursday, citing people familiar with the situation.
Insurer Royal & Sun Alliance is being sued in Britain for about $1 billion by General Motors, the U.S. auto giant, in a long-running dispute about personal injury claims linked to asbestos, the Daily Telegraph newspaper reported.
General Motors Corp.'s chief executive saw his 2005 compensation almost halved from a year earlier, the company disclosed on Friday, on the same day he promised shareholders to turn around GM's North American operations and apologized for accounting errors.
