Automaker News

Hedge fund Hayman Capital has taken a stake in General Motors Co and believes the U.S. automaker's stock could rise more than 40 percent over the next 12-18 months after the U.S. Treasury sells its stake in the company, a source familiar with investment said on Wednesday.

Chevrolet will take the wraps off the all-new 2015 Corvette Z06 in January at the 2014 North American International Auto Show in Detroit.

Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing thesis.

Asian stocks fell after the yen strengthened overnight and valuations on the regional equities gauge climbed to a six-month high, with investors awaiting U.S. jobs data this week that may provide further evidence as to when the Federal Reserve will reduce stimulus.

General Motors says it's in Japan for the long haul despite sales of Cadillac and Chevrolet models barely surpassing 1,000 vehicles a year.

SAE Foundation announced today that it will honor Mary T. Barra with its Industry Leadership Award at the 2013 SAE Foundation Celebration Dinner.

General Motors Co., the nation's largest auto seller, said its U.S. sales rose 14 percent in November to 212,060 vehicles, compared with the same month a year earlier.

Fiat SpA is nearing a deal to begin producing Jeep vehicles in China after making concessions to its Chinese partner over the manufacturing site, two people familiar with the talks said.

The holiday weekend was good to U.S. automakers, as sales reports indicate the auto industry is on track to beat strong sales numbers from a year ago.

With a rev of his Harley-Davidson's engine and a smile, Dierks Bentley plays leader of the pack once a year on his annual fund-raiser, Miles and Music for Kids.

Chrysler Group LLC said its U.S. vehicle sales in November jumped 16 per cent from a year before, beating analysts' expectations.

Hyundai's total overseas vehicle sales fell 1 percent in November from a year earlier, the company said on Monday, marking their first year-on-year drop since the 2009 financial crisis and sending Hyundai shares tumbling.

FWT, Inc., a leading designer, manufacturer and marketer of wireless communication infrastructure products, announced today that it has received ISO-9001 certification from the International Standards Organization for the design and manufacturing of communications towers.

A hydrogen powered hybrid car drives on Capitol Hill during a conference sponsored by The Electric Drive Transportation Association November 28, 2006 in Washington, DC.

The General Motors Foundation is donating $500,000 to the authority that operates historically low-performing schools in Detroit to create preschool education spots for 256 children.

That's how CEO Alan Mulally has launched many a meeting since his 2007 arrival at what was then the sinking ship called Ford Motor Co.

The Paris prosecutor's office says a French court has ordered a trial for Daimler AG and Lagardere SCA as well as EADS executives in an insider trading investigation dating to 2006.

Automakers entered their year-end sales push last month with the most cars and trucks on U.S. dealer lots in eight years, a buildup that's poised to test the industry's newfound pricing discipline.

Analysts predict overall industry sales to be up at least 3.6 percent compared to November 2012.

In order to give a fillip to its global ambitions and compete with auto majors like General Motors, Ford and Volkswagen on their home ground, the country's top utility vehicle maker Mahindra & Mahindra aims to set up a new overseas 'product development centre' in Europe within a year.