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PSA Gets €7 Billion Loan Guarantee from France
10/25/2012The French government confirms it has agreed to provide €7 billion in loan guarantees to PSA Peugeot Citroen's finance arm in 2013-2015 to enable the unit to borrow money at lower interest rates.
Brazil Extends Auto Tax Break Again
10/24/2012Brazil has decided to continue to offer carmakers a break on industrial taxes through year-end.
UPDATE: Ford May Close Two Plants in Europe
10/24/2012Ford Motor Co. confirms that it intends to close its Genk assembly plant in Belgium in 2014, eliminating 4,300 jobs, as part of a restructuring to return its European operations to profitability.
Four Vehicle Programs on Tap for GM-PSA Alliance
10/24/2012The General Motors-PSA Peugeot Citroen alliance says it is launching four product development projects and will begin introducing jointly developed models in 2016.
GM, PSA Choose Four Joint Vehicle Projects
10/24/2012The General Motors-PSA Peugeot Citroen alliance says it is launching four product development projects and will begin introducing jointly developed models in 2016.
VW Ponders Midsize Crossover for U.S.
10/24/2012Volkswagen AG will decide by year-end whether to add a third crossover vehicle to its U.S. lineup and where in North America to build it.
VW Considers Building Midsize Crossover in U.S.
10/24/2012Volkswagen AG will decide by year-end whether to add a third crossover vehicle to its U.S. lineup and where in North America to build it.
VW Mulls U.S. Sales, Production of Midsize Crossover
10/24/2012Volkswagen AG will decide by year-end whether to add a third crossover vehicle to its U.S. lineup and where in North America to build it.
GM Details New Corvette Engine
10/24/2012Standard versions of the next-generation Chevrolet Corvette sports car will be powered by an all-new, 6.2-liter V-8 that makes 450 hp and 450 lb-ft of torque.
Harley-Davidson Earnings Tumble 27%
10/24/2012Harley-Davidson Inc. netted $134 million in the third quarter of 2012 compared with $184 million a year earlier.