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- Chrysler faces probe by Calif. DMV over LA factory store
Chrysler is under investigation by the California Department of Motor Vehicles for operating a factory-owned dealership in downtown Los Angeles in violation of state franchise laws.
Переслать - Automotive chip maker Freescale raises $783 million with IPO
Freescale Semiconductor Holdings rose on its first trading day as investors bet demand for automotive chips will help the company cut the debt burden that led underwriters to reduce its initial share-sale price.Переслать - Lenders warm up to subprime auto loans
Auto lenders loosened up on new-vehicle loans to credit-challenged consumers during the first quarter of this year. Amid improving U.S.Переслать - GM to invest $331 million in Texas SUV plant
General Motors Co. plans to invest $331 million and add 110 jobs at its Arlington, Texas, plant, where it makes the Chevrolet Tahoe, Suburban, GMC Yukon and Cadillac Escalade SUVs.Переслать - Honda sees full U.S. output in August for most cars, except Civic
Honda Motor Co. said today its North American assembly plants will not reach full production until August for most vehicles, and it will take even longer for the high-volume Civic compact car.Переслать - Saab plans to restart production on Friday, report says
Saab plans to restart its production line in Sweden on Friday after six weeks of being idle due to cash flow problems, a Swedish business daily reported on Thursday.Переслать - VW sees Bosch as right battery technology partner
VW aims to win German automotive supplier Bosch as a partner in developing battery technology, the carmaker's CEO said. Awarding Stuttgart-based Bosch the contract would give VW a second battery supplier next to Japan's Sanyo.Переслать
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