PSA warned its second-half performance would be hampered by a tougher economic environment, sending its shares lower even though it swung to a first-half profit.
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Visteon's reorganization proposal has divided creditors owed at least $2.8 billion. Bondholders, who are sponsoring the plan, would own 95 percent of Visteon, with current shareholders getting the rest.
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The sedan's fuel sensor can become wedged against the tank, according to the National Highway Traffic and Safety Administration.
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It's turning out to be another memorable year for Audi and CEO Rupert Stadler. Under Stadler's guidance, Audi is on course to finish the year with global sales of more than 1 million vehicles, beating its previous record of 1,003,469 set in 2008.
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Daimler is giving Smart more autonomy and has appointed Annette Winkler to lead the microcar brand. Winkler is the first woman to head a brand at the German automaker.
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UK-based TI Automotive Ltd. says a fuel-systems contract it secured with Mercedes-Benz marks the largest with an individual company in the British supplier's history.
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Italy needs to make building cars in the country more financially appealing to Fiat #8211; and other automakers #8211; if it wants to avoid losing future projects.
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Malmsheim, Germany - AMG is the name of a mechanical magician - Mercedes-Benz's engine-maker, to be exact. This subsidiary in its own right is in charge of breathing monster power into the production cars of the Stuttgart automaker, creating high-performance machines. The S 63 is one of them. We recently got the chance to briefly test drive the newest version of it around Stuttgart, Germany.
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Toyota Motor Corp expects to build the next remodeled popular Prius hybrid car in the United States.
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Fans of the IZOD IndyCar series will have the unique chance to enter an incredible contest to be held in Montreal in August.
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After weeks of rumours and negotiations, the future of the Monaco Grand Prix is assured for the next ten years.
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Exclusive to the Canadian market, Mazda is offering the option to customize the new Mazda2 2011 with vinyl decal "Skins", to apply to the outside of the car.
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Because of the global enthusiasm of the public and the customers, Porsche announces the launch of a series development of the Porsche 918 Spyder.
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The current debate in Formula1 is to determine if the Red Bull Racing team is using what is called a "flexible front wing" on their Renault-powered RB6.
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Team Mercedes GP reserve driver, veteran Nick Heidfeld fits the bill to spearhead new tire supplier Pirelli's formula one tire testing.
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The Pagani Zonda R establishes a new record at Nürburgring's Nordschleife. A laptime of 6:47,5 min for 20.832 km, with Marc Basseng at the wheel.
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Consumers who placed reservations for the Nissan LEAF now know when
the will get their world's first all-electric, zero-emission vehicle.
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