car maker

Two Chinese companies have reached a tentative deal to take over struggling car maker Saab for euro100 million , the company's owner Swedish Automobile said Friday.

Saab’s cash crunch is nothing new, but the matter is finally coming to a head. The car maker’s first bankruptcy hearing is scheduled for September 26.

In the meantime, it’s business as usual for Saab.

Murdoch advertisers get nervous over hacking claims Reuters , LONDON - Car maker Ford has suspended advertising in Britain's News of the World due to allegations of hacking by the newspaper, while lender Halifax joined a growing band of companies reviewing their policies.

Making an electric car is a particularly tough business, fraught with financial risk, engineering challenges and tough competition from small-scale and mainstream automakers alike.

A 10-minute drive away from the Alamo, small teams on the factory floor of Texas Armoring Corporation work deliberately, turning everyday civilian vehicles into armored workhorses for the world's governments and business executives.

The company is growing rapidly, and one reason is Mexico's drug war.

South Korean automakers Hyundai and Kia and German car maker Volkswagen lead the insurance industry's annual list of the safest new vehicles, used by safety-minded consumers looking to buy a new car.

Electric car maker Fisker Automotive plans to sell its luxury Karma model in China, teaming up with a local distributor of top auto brands.

Malaysia's national car maker Proton will roll out its first fleet of hybrid electric vehicles in January for a pilot run before mass production begins in 2012, officials said Thursday.

Luxury car maker Mercedes-Benz USA said Wednesday that its August sales rose 15 percent, helped by sales of its lower end C-Class sedan.

Toyota Motor Corp., the latest automaker to be hit by a strike at a China parts supplier, said Thursday its car assembly operations were not affected by the short-lived dispute.