SEOUL (Reuters) - Kia Motors Corp, an affiliate of Hyundai Motor Co, on Thursday unveiled an all-electric version of its small car initially for government use in South Korea, as the companies begin to tap the nascent segment.Kia Motors, South Korea's ...
TROLLHATTAN, Sweden (Reuters) - Car maker Saab ran out of room for maneuver Monday when its Dutch owner filed for bankruptcy, calling time on a nine-month battle to rescue the struggling Swedish marque.Saab's cash problems began in March this year, after ...
STOCKHOLM (Reuters) - Sweden's struggling Saab ran out of room for maneuver on Monday, as the car maker's Dutch owner called time on a nine-month battle to find a rescue plan and filed for its bankruptcy.The end of the road ...
STOCKHOLM (Reuters) - The Dutch owner of Swedish car maker Saab said on Monday that the rejection of a rescue plan for the ailing firm by former owner and key supplier General Motors had forced it to apply for bankruptcy.The decision sets ...
General Motors Co. repeated its opposition to the sale of the Swedish automaker Saab to a group of Chinese investors.GM spokesman James Cain said the company remains opposed to the deal as structured and insisted no deal can move forward without ...
DETROIT (Reuters) - Steve Rattner, the former head of the U.S. auto task force, said he could have pushed auto workers, management and creditors for deeper concessions to make the U.S. auto industry more globally competitive.While Rattner described the 2009 ...
SUNDERLAND, England (Reuters) - It's noon at Nissan's car assembly plant in northeast England, and the men on the early shift have already made 210 Qashqai cars from scratch.Only another 169 to go before they can head home.Dressed in ...
Chinese automaker Geely said it plans to start selling cars in Britain by the end of next year, as the company seeks to expand its presence in developed markets.Zhejiang Geely Holding Group, which owns Swedish nameplate Volvo, will sell its Emgrand ...
LONDON (Reuters) - Big drugmakers, under pressure to streamline operations in the face of rising costs and slowing sales, are looking to the automotive industry for tips on tuning up their profit engines.Cars and medicines may seem to have little in common ...