After trying to unsuccessfully enact changes at GM three years ago, Kirk Kerkorian has turned his attention to Ford, acquiring a minority stake and bidding for 20 million shares at $8.50.
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Nissan Motor Co., Ltd., today announced its production, sales and export figures for November.
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The average price for all types of gasoline is holding steady around $2.95 per gallon nationwide, but the pain at the pump might be short-lived as research from the University of Houston may eliminate one of the biggest hurdles to the wide-scale production of fuel cell-powered vehicles.
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Small is big in the U.S. auto industry – and Ford is working to make small cars even bigger among customers with nine personalized 2008 Ford Focus models set to roll out at this month’s Specialty Equipment Market Association (SEMA) show.
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Under the presidency of His Majesty King Mohammed VI, Prime Minister of Morocco, Driss Jettou and President and CEO of Renault and Nissan, Carlos Ghosn today signed a Memorandum of Understanding for the creation of a new industrial complex in the Tangier region of North Morocco.
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Seventy-five years after it began, Deuce-mania is as strong as ever.
Beginning August 9, more than 600 owners and fans of the 1932 Ford,-- lovingly called The Deuce--will meet in Dearborn, Mich. for a 75th anniversary celebration to honor the vehicle that most historians agree inspired every hot rod and muscle car that followed.
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Nissan Motor Co., Ltd., NEC Corporation, and its subsidiary, NEC TOKIN Corporation, have signed an agreement to establish a joint-venture company - Automotive Energy Supply Corporation (AESC) - to focus on lithium-ion battery business for wide-scale automotive application by 2009.
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Aston Martin is pleased to announce the start of a new chapter in its illustrious history following the announcement today that the prestigious sports car manufacturer has been sold to a consortium led by David Richards, John Sinders, Investment Dar and Adeem Investment, ending almost twenty years as part of Ford Motor Company.
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Ford Motor Company today announced a $200 million investment in the Sharonville Transmission Plant for a future transmission that will make Ford a leader in high-performance, fuel-efficient powertrains. Earlier Ford motor announced that it will give modest bonuses to all employees in an effort to boost morale following one of the biggest downsizings in the company's history.
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Toyota's planned $829 million manufacturing plant on a 1,700-acre site near Tupelo didn't happen by chance.
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China is extending economic restrictions to its auto industry, setting higher thresholds for fresh investment. The new rules are part of official attempts to slow sectors of china's booming economy. Sam Beattie reports from Beijing.
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The dramatically redesigned 2007 Chevrolet Police Tahoe delivers more power, enhanced ride and handling qualities, and more safety features than its 2006 counterpart.
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