Ex-Saab executives arrested on accounting charges
A Swedish prosecutor says three former executives of automaker Saab Automobile AB have been arrested on accounting fraud charges. Prosecutor Olof ...
Asia stocks down on US, China economic fears
Asian stock markets fell Thursday after U.S. and Chinese data pointed to slower growth in the world's two biggest economies. Analysts are concerned ...
European recession hits major car makers
Europe's stubborn recession cut deeply into profits at major automakers Ford, Volkswagen and Daimler, first-quarter results showed Wednesday as the ...
Chinese automakers struggle against global rivals
These should be good times for Chinese automakers as they prepare to show off their latest models at the Shanghai auto show. Their home market is the ...
European car sales plummet, even in solid Germany
Europe's auto market is in freefall. Once the motor for Europe's economy, the car industry has fallen victim to the region's widening recession and ...
German leader welcomes GM investment
German Chancellor Angela Merkel has welcomed General Motors' decision to invest another 4 billion euros ($5.3 billion) in European subsidiary Opel by ...
GM's Akerson reaffirms commitment to Opel
General Motors' top executives have reaffirmed their commitment to Opel, the U.S. auto group's lossmaking European subsidiary, promising to invest ...
Man United signs sponsorship deal with Aon
Manchester United has sold the naming rights to its training ground as part of a sponsorship deal with insurance firm Aon estimated to be worth $230 ...
Opel employees reject redevelopment plan
Employees at General Motor Co.'s Opel troubled German plant in Bochum have rejected a redevelopment plan, which means production there could end by ...
Carmakers don't see European recovery this year
It is still a tough time to be a European carmaker. Profits are falling as idle factories produce more costs than cars. And fewer consumers are buying ...
European carmakers to get serious at Geneva show
The Geneva Motor Show has long had a reputation as one of the glitziest stops on the global auto show circuit — the place to unveil luxury models and ...
GM's Opel, employees seal deal on German plant
General Motors Co.'s Opel unit reached a deal with its employee council on Thursday to keep car production going at a troubled German plant until the ...
Wireless connections creep into everyday things
A car that tells your insurance company how you're driving. A bathroom scale that lets you chart your weight on the Web. And a meter that warns your ...
AT&T snags OnStar wireless contract from Verizon
AT&T Inc. is scoring a win over rival Verizon Wireless as it takes over the contract to supply wireless connections to cars with General Motors' ...
Report: US job market looks surprisingly strong
The U.S. job market is proving surprisingly strong and raising hopes that the economy will be resilient enough this year to withstand a budget ...
GM taps VW exec to run troubled Opel unit
General Motors has appointed the former head of Volkswagen's China business to try and turn around its lossmaking European division, Opel. The Adam ...
Toyota, BMW working on new battery technology
Toyota Motor Corp. and BMW Group are working together on next-generation batteries for green vehicles called "lithium-air" as their collaboration, ...
Opel may move up end of production at German plant
General Motors Co. is pressing employees in Germany to agree on a turnaround plan for its struggling European unit, warning if there is no deal it ...
Lithium batteries central to Boeing's 787 woes
Lithium batteries that can leak corrosive fluid and start fires have emerged as the chief safety concern involving Boeing's 787 Dreamliner, a problem ...
Toyota retakes global auto sales crown from GM
Toyota has once again dethroned General Motors as the world's top-selling automaker. The Japanese company sold 9.7 million cars and trucks worldwide ...
Peugeot, GM unveil joint-venture models
PSA Peugeot Citroen and GM have unveiled the first vehicles they will develop together as part of a joint venture they hope will reduce costs and ...
Poland's airline, car makers get state support
Officials say that Poland's struggling LOT airline and an auto plant are getting financial support from the government as both sectors are going ...
German vice chancellor slams GM over Opel
Germany's vice chancellor has sharply criticized General Motors Co. over its decision to end car production at a German plant, arguing that the U.S.
GM's Opel to end car production at German plant
General Motors Co.'s Opel unit said Monday that it plans to end car production at one plant in Germany in 2016, but a slimmed-down factory may ...
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