Despite rapidly falling sales and shares because of high gas prices, General Motors is not in immediate danger of bankruptcy. That's according to an auto analyst with JP Morgan. Analyst Himanshu Patel says fears of bankruptcy have been overblown despite the au...

When consumers astonished the US auto industry two months ago by quickly shunning trucks and going for gas mileage, the biggest beneficiary ended up being Honda Motor Co. The No 2 Japanese carmaker, with the most fuel-efficient model lineup in the industry, ne...

July 4 (Bloomberg) -- Mattel Inc ., helped by rising sales of Matchbox and Hot Wheels toy cars, has a larger market value than General Motors Corp. for the first time as record U.S.

The St Louis manufacturing facility manufactures the Dodge Caravan and Chrysler Town & Country vehicles. Slowing economy, increased gasoline prices and a shift in consumer demand from large vehicles to smaller ones are stated as the main reasons for the sales ...

Felipe Massa of Ferrari won the French Grand Prix on Sunday and moved top of the overall standings after his third F1 victory of the season. Massa overtook teammate and pole sitter Kimi Raikkonen with 32 laps to go and held on to win by 17.

Jul. 4, 2008 (China Knowledge) - China's third-largest car maker Dongfeng Motor Group has commenced exploratory negotiations with Ford Motor Co on the possibilities of cooperating with Volvo, said industry sources.

UP, UP AND AWAY: Soaring fuel costs are taking some of the celebration out of this holiday weekend. Oil prices headed into the busy Fourth of July break by racing past $145 a barrel for the first time Thursday.

MONTGOMERY - If Volkswagen picks Alabama for an assembly plant, voters statewide will likely get to decide if they want to seal the deal, possibly by tapping into a state savings account.

TORONTO -- Canadian auto sales were lower in June with another sharp skid at General Motor as rising gas prices weighed on demand for SUVs and light trucks, according to company figures released yesterday.

At an overall length of 4.70 metres, the new A4 is a large saloon. It boasts a substantial, powerful road presence. Its 480-litre boot and the legroom for rear passengers are larger than of any of its direct competitors.

Don't look for any Suzuki launches at the 2009 Detroit auto show. The automaker announced today that it is withdrawing its presence from the North American International Auto Show.

Nissan chief says price hikes likely in Japan amid soaring material costs YOKOHAMA, Japan June 25, 2008; Yuri Kageyama writing for the AP reported that Nissan Motor Co., Japan's third-biggest automaker, will likely raise prices for its vehicles in the Asian na...

Car manufacturer Fiat has apologised to the Chinese government over a commercial starring Richard Gere. The commercial shows Gere driving from Hollywood to Tibet. Gere is known to be a supporter of Tibetan independence.

DETROIT — Faced with soaring gas prices, a sputtering economy and a rapid U. S. market shift away from trucks, the U. S. auto industry’s weakest player, Chrysler LLC, may have to file for bankruptcy or sell its storied Jeep and Dodge Ram brands as early as...

Fuel-efficient Fit sets all-time record; Civic and Acura TSX set June records American Honda Motor Co., Inc., today announced total June sales of 142,539, up 13.8 percent on a daily-selling-rate basis(1), setting a new record for the month.

Ken Czubay has been named vice president of U.S. sales and marketing, effective July 16. Czubay, 59, will return to Ford after a 25-year absence from the company. He is currently president of Southeast Toyota Distributors.

Virgin Mobile USA, Inc. (NYSE: VM), a leading national provider of wireless communications services, has announced that it has entered into an agreement to acquire Helio, a joint venture between SK Telecom and EarthLink, Inc.

Jul 03, 2008 (Datamonitor via COMTEX) -- HYMOF | Quote | Chart | News | PowerRating -- Hyundai Motor America has announced sales of 50,033 units for the month of June 2008, an increase of 1.