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Fiat Group SpA aims to take over General Motors Corp.'s main European unit without running up debt in a deal that could require billions of dollars in government loan guarantees, Germany's economy minister said Monday. Fiat's concept _ part of a wider plan to build a global powerhouse also including …

Ressently, the 2010 Ford Fusion Hybrid is being put to the ultimate fuel-efficiency test. A team of drivers, including NASCAR star Carl Edwards and world-record breaking hypermiler Wayne Gerdes, will attempt to drive more than 1,000 miles on a single tank of gas, raising money for the Juvenile Diabetes Research …

Chrysler will file for bankruptcy after talks with a small group of creditors crumbled just a day before a government deadline for the automaker to come up with a restructuring plan, President Barack Obama said Thursday. The Obama administration said it had long hoped to stave off bankruptcy for the …

Honda Canada Inc. today commemorated the 5 millionth vehicle made in Canada at its Honda of Canada Mfg. vehicle manufacturing facility in Alliston, Ontario. This milestone reflects Honda's commitment to Canada since it began manufacturing vehicles here 23 years ago. The 5 millionth vehicle built - a 2009 Honda Civic …

It’s all too easy to think of the automotive marketplace and industry as a completely insular world, affected only by such abstract nouns as “the economy” and such. However, as the ongoing swine flu outbreak has taught us, it’s anything but, as Honda and Denso have both already restricted international …

General Motors Corp. said it will cut 21,000 U.S. factory jobs by next year, phase out its storied Pontiac brand and ask the government to take more than half its stock in exchange for half of GM's government debt as part of a major restructuring that would leave current shareholders …

It’s almost de rigueur for manufacturers to take their performance-themed automobiles to the Nurburgring for testing. Porsche and BMW have used the punishing circuit for decades, and it hasn’t taken long for other manufacturers to see the benefit of testing on the world’s fastest public road. However, Aston Martin is …

Chinese car companies are well known for their oftentimes obvious mimicry of better known brands, with the best brands being the most often copied. And of course, Rolls Royce is truly the crème de la crème of luxury motorcars, so it comes as no surprise that Geely, one of China’s …

Nissan Canada Inc. (NCI) today announced pricing on the all new 2009 Nissan cube(R), on sale across Canada for the first time this spring. With an MSRP of $16,998, the base model is already fully loaded with standard equipment rarely offered in the entry-level market including air conditioning, privacy glass, …

When a manufacturer or nameplate celebrates a large birthday, it’s usually big news. When GM celebrated their 100th, Ford spelled out “Happy 100 GM” with their office’s lights at nights, while Ford themselves recently made big news of their 125th anniversary. So you’d think that something as monumental as a …