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- Automakers hold line on discounts as sales moderate
Automakers -- disappointed in June sales -- are extending discounts and in some cases modestly hiking rebates and enhancing loan terms on new cars and trucks to entice skittish shoppers back into showrooms.
Переслать - GM agrees to sell Nexteer steering unit to Chinese investment group
General Motors Co. has agreed to sell its Nexteer Automotive steering-parts business to China's Pacific Century Motors, part-owned by Beijing's municipal government.
Переслать - Mulally named to U.S. export council by Obama
Ford Motor Co. CEO Alan Mulally is among 18 executives President Barack Obama named today to an advisory group on increasing U.S. exports.
Переслать - Faurecia inks alliance with China carmaker Geely
French car parts maker Faurecia has formed an alliance with Chinese carmaker Geely and its main supplier Limin as it ramps up exposure to the world's biggest car market.
Переслать - Toyota to extend development cycle to combat quality woes
Faced with mounting recalls and quality concerns, Japanese automaker is stretching time it takes to develop new models by an average of four weeks.
Переслать - Visteon creditor group says it has votes to stop reorganization
Visteon Corp.'s plan to exit bankruptcy this year is being threatened by a group of creditors who say they have enough votes to defeat the auto-parts makers' reorganization proposal.
Переслать - Volkswagen boosts production in Mexico
Volkswagen is expanding production in Mexico as it continues to execute an ambitious plan to surpass Toyota Motor Corp. as the world's largest carmaker.
Переслать - Geely to build Volvo randd center in Shanghai
Zhejiang Geely Holding Group Co. will construct a research and development center for its newly acquired Swedish car brand Volvo in a suburb of Shanghai.
Переслать - Chrysler not in a rush to replace ad agency Fallon
Even though Chrysler and Publicis Groupe's Fallon split suddenly last week, industry experts say the car maker is in no rush to find a new shop to handle Chrysler brand advertising.
Переслать - VW CEO says Porsche integration on track
A $2 billion lawsuit launched by several U.S. hedge funds has not derailed the integration of Porsche Automobil Holding SE into Volkswagen AG, VW's CEO said.
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