25,000 Expected at Yorkshire's Famous Bradford Classic Car Weekend
Jul 14, 2009
Over 25,000 people are expected to attend the Bradford Classic which this year takes place over the weekend of 18th and 19th July, making it one of the fastest growing and most popular free summer city events in Yorkshire. ... Continue reading
Daimler and Aabar Share Investment in Tesla
Jul 13, 2009
Daimler AG (stock-exchange abbreviation DAI) and its new major shareholder Aabar Investments PJSC (Aabar), of Abu Dhabi, have started their first joint strategic project with the sale by Daimler of 40 percent of its equity interest in Tesla Motors Inc. to Aabar. ... Continue reading
Jul 10, 2009
Specific Media, the world's largest independent media platform, today announced an online advertising partnership with leading automotive group, MileOne Automotive. The MileOne Automotive agreement marks another key Specific Media partnership in the automotive sector, further advancing the organizationâs leadershi ... Continue reading
GM China to Continue Operations Under New GM
Jul 7, 2009
GM China to continue operations under new GM Shanghai, July 7 GM China Group said in a statement on Monday that an U.S. Bankruptcy Judge has approved the sale of GM's assets to a government funded new GM, allowing the company's most profitable assets to exit bankruptcy protection under government ownership. Robert Gerb ... Continue reading
Jun 27, 2009
The 2007 New York Auto Show wasn't that long ago, in normal terms, but it was a lifetime ago in terms of what has happened in the auto industry since then. Interestingly, in The Auto Channel's coverage of General Motors at the 2007 Detroit Auto Show we posed the question, "Will GM even be in business in 2009?" In any e ... Continue reading
Jaguar-Land Rover Drives Tata Motors to First Annual Loss in Eight Years
Jun 26, 2009
Consolidated Revenue in 2008-09 Rs. 70938.85 crores, Loss after Tax Rs. 2505.25 crores MUMBAI - June 26, 2009: Tata Motors today reported consolidated gross revenue of Rs.74151.21 crores in 2008-09. The consolidated financial performance of the company is not comparable to 2007-08 on account of the acquisition of Jagua ... Continue reading
Free Car Shows in Federation Square
Jun 24, 2009
Shannons are giving Melbourne motoring enthusiasts and city visitors a great present: a free classic car show in Federation Square on the last Sunday of each month leading up to Christmas. ... Continue reading
Complete 2010 General Motors Product Guide for the United States
Jun 20, 2009
A Leaner, Greener, Reinvented General Motors Launches Six All-New Models in North America for 2010 DETROIT â June 10, 2009: General Motors begins its new chapter with the introduction of six all-new 2010 models that combine leading-edge design, technology, engineering excellence and quality, backed by the most com ... Continue reading
Jun 19, 2009
DETROIT - June 19, 2009: Although the U.S. Government has guaranteed the warranties of all General Motors vehicles during its reorganization period, some consumers are still worried about car servicing and resale value. However, despite dealership closings and brands disappearing, GM will still have the largest dealer ... Continue reading
Chrysler to Resume Production This Month
Jun 18, 2009
AUBURN HILLS, MI - June 18, 2009: One week after finalizing its global strategic alliance with Fiat Group, Chrysler Group LLC announced yesterday that it will resume volume production of vehicles with the start up of seven of its North American assembly plants the week of June 29, 2009. As part of a phased production r ... Continue reading
General Motors and Koenigsegg Group AB Reach Tentative Agreement on Saab - VIDEO ENHANCED
Jun 16, 2009
Zurich June 16, 2009; General Motors Corp. and Koenigsegg Group AB, a consortium led by Koenigsegg Automotive AB, today confirmed the details of a memorandum of understanding for the purchase of Saab Automobile AB that secures Saabâs future. The sale, expected to close by the end of the third quarter of this year, ... Continue reading
Survey Shows Public Wary of Government Running Auto Companies
Jun 11, 2009
More Than Half of Consumers Think Auto Companies' Bailouts were Bad Idea TUSTIN, CA - June 11, 2009: A just-completed national survey shows American consumers are skeptical of the U.S. governmentâs involvement in the auto industry, with 81 percent of respondents agreeing that the faster the government gets out of ... Continue reading
Bankruptcy Court Approves Chrysler's Rejection of Certain Dealer Contracts
Jun 9, 2009
AUBURN HILLS - MI June 9, 2009: The following statement can be attributed to Jim Press, Vice Chairman & President, Chrysler LLC or the company: âWe are pleased with the Judgeâs decision allowing us to go forward with the realignment of our dealer network. A financially strong, competitive dealership network c ... Continue reading
Ford Statement on General Motors' Bankruptcy
Jun 1, 2009
DEARBORN - June 1, 2009: Today's announcement that GM is filing for Chapter 11 bankruptcy is another important development during this unprecedented period for the auto industry and the global economy. The Ford team continues to monitor the industry environment and plan for all contingencies to ensure our transformatio ... Continue reading
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