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- Rejected Chrysler dealer supplanted by NADA vice chair loses arbitration
Painter Sun Country Chrysler lost its bid for reinstatement when arbitartor ruled rural Utah market isn't big enough for two dealerships.
Переслать - Electric car maker ZAP to buy Chinese automaker Jonway
California electric car maker will pay $29.03 million in cash and 31.5 million shares for a 51 percent stake in Jonway Auto.Переслать - Fiat aims to keep green lead with fuel-sipping 2-cylinder engine
Fiat aims to keep its environmental lead in Europe by selling what it claims to be the world's most fuel-efficient gasoline engine.Переслать - Toyota supplier Denso to expand in China
Japanese supplier aims to halve its production costs for parts used in low-cost models destined for China and other emerging markets, while hiking procurement of materials and components in the countries it sells in.Переслать - Ford, Chrysler recall, suspend sales of vans and SUVs
Ford recall covers Transit Connect vehicles sold in the United States and manufactured from December 2008 through May 2010 due to an interior liner that fails to meet all safety requirements for head protection.Переслать - ADP agrees to buy Cobalt for $400 million
Automatic Data Processing Inc., facing an auto dealer computing market beset by a 13 percent drop in U.S. dealerships over the past two years, said today it has agreed to buy digital marketing company Cobalt Group Inc. for about $400 million in cash.Переслать - Toyota will launch green-car barrage in 2012
Toyota plans to introduce three new-to-market green vehicles in 2012, a company source said. A battery electric vehicle, a plug-in version of the Prius and an as-yet-unveiled variant of the Prius will arrive in U.S.Переслать - Chrysler PT Cruiser milestones
The nifty and bubbly wagon goes out of production today and enjoyed a remarkable sales run for a recent Detroit model.Переслать - Retro style and street-rod flair made PT Cruiser a star
The last Chrysler PT Cruiser is scheduled to roll off an assembly line in Mexico today, marking the end of one of Detroit's most celebrated product runs in recent years.Переслать - Magna shareholder vote on founder Stronach deal slated for July 23
Shareholders will decide if the automotive supplier can pay Chairman Frank Stronach $300 million in cash and 9 million class A shares to give up his class B shares, through which he controls Magna.Переслать
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