Saab Automobile signed a deal to begin using BMW engines as the struggling Swedish automaker seeks to restore its profitability and prestige.
Continue reading In Bid to Revive its Fortunes Saab Inks Engine Deal…
Mini Cooper cars are known for their quick, precise handling, but some owners have complained of steering problems that may lead to a crash, prompting a federal investigation.
Continue reading Feds Probe Report…
In a bid to better compete against European and Japanese luxury makes, Ford reportedly may seek to reduce the number of Lincoln dealerships in the U.S. Nearly 1,200 dealers sell Lincolns, five times more than sell Toyota’s Lexu…
“Fewer brands means you can put more focus into improving the quality of engineering,” CEO Alan Mulally said Monday. The second-largest U.S. automaker has been surging ahead in both sales and honors over the past year.
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Italian automaker Fiat reportedly is looking to acquire a bigger stake in Chrysler Group, and may seek to sell shares in its Ferrari sports-car unit in an initial public offering to help fund the purchase, unnamed sources told …