NEWS

GM Boosts Credit Facility to GM Financial

9/4/2014

General Motors Co. has agreed to provide its GM Financial Inc. unit with as much as $1 billion if necessary to boost the subsidiary's liquidity.

ZF Revives Talks with Bosch to Unblock TRW Bid

9/4/2014

ZF Friedrichshafen has relaunched talks with Robert Bosch in an effort to revive its bid to acquire TRW Automotive Holdings, Bloomberg News reports.

Factory Orders in Germany Rebound

9/4/2014

Factory orders in Germany which had dropped by a revised 1.7% in May and 2.7% in June surged 4.6% in July, according to the country's Federal Statistical Office.

German Marques Use Incentives to Boost U.S. Sales

9/4/2014

In a market where economic experts fret over aggressive incentives to spark sales, BMW AG, Volkswagen AG and Daimler AG weren't shy in offering larger discounts to U.S. buyers in August.

Bank of England Leaves Rates Unchanged

9/4/2014

The Bank of England agreed earlier today to maintain the central bank's 0.5% primary lending rate and refrain from any other economic stimulus.

BMW’s Electric Car Sales Zoom Past Tesla

9/4/2014

This is The Street's take on BMW AG's sales success relative to Palo Alto's Tesla Motors Inc.

Luxury Car Lead - Still Mercedes Over BMW

9/4/2014

The luxury car sales battle has been an intense and narrowly spread one for all of 2014, and August was no different.

Corvette Museum to Fill Sinkhole, Fix or Display Damaged Cars

9/4/2014

The National Corvette Museum in Bowling Green, Ky., has decided to fill in the massive sinkhole that swallowed eight historic cars in February.

Detroit Learns How to Sell Little Cars

9/4/2014

General Motors and Ford are outselling their Asian rivals at the subcompact end of the U.S. auto market, The Wall Street Journal notes.

Ford Gets Real About Truck Payload Ratings

9/4/2014

Ford Motor Co. says it will stop temporarily lightening its pickup trucks to boost their payload ratings.