The former finance arm of General Motors (GM) is to receive a further bailout from the US government amounting to $3.8bn.
The US Treasury will become the majority shareholder of finance group, GMAC as part of a restructuring process announced on Wednesday.
The US Treasury said the money comes from the troubled asset relief programme and is [...]
General Motors (GM) is believed to have extended its deadline set for today (December 31) for bids on car brand Saab. The carmaker is in talks with bidder Spyker cars which is considering buying its Swedish brand.
GM had originally announced plans to discontinue the brand earlier in the month after talks with Spyker and another [...]
The global auto sales will recover in 2010, lead by emerging markets in China, India and Brazil, a report from the research arm of Canadian banking group, Scotiabank reports.
A growth in auto sales which began in the spring of 2009 will ‘gain momentum in the New Year’, Scotia Economics concludes in its Global Auto [...]
Heavy snow is forecast this week across much of the UK with the Met Office issuing a severe weather warning for the next few days. The Institute of Advanced Motorists (IAM) is sending a reminder to drivers of the need for extra care on the roads in the holiday season. As New Year approaches motorists [...]
The Department of Health is to review parking charges at hospitals which could lead to abolition of fees for in-patients’ visitors and out-patients.
A new consultation launched today by Health Secretary, Andy Burnham includes options to give all in-patients free hospital car parking for their visitors, giving access to free parking for out-patients who need to [...]
Leaving your car parked while shopping in the New Year sales could be risky as well as expensive, warns What Car?
According to a survey from the motoring publication, only 37 per cent of motorists polled would definitely confess to damaging a parked car, 18 per cent would hit the accelerator and drive away quickly, with [...]
SEAT’s increasingly successful Fleet and Business Sales team, led by ex-Audi fleet professional Nick Andrews, is celebrating another important signing with the addition of Kellie Lee to the line-up.
Kellie joins fellow Area Fleet Sales Managers Barbara O’Neill-Joyce, Pippa Benham and Yulia Eaton in reporting to recently-appointed National Sales Manager Sally Livingstone.
The 29-year-old joins the burgeoning [...]
The new Audi A8 will feature an integrated Google search in its sat nav system, allowing motorists to search for points-of-interest and map journeys effortlessly.
The state-of-the-art online services in the new Audi A8 will retrieve up-to-date information from the internet via an optional integrated GPRS/EDGE modem in the latest generation MMI navigation plus. The user [...]
We’re already used to cars with stereos and TV screens so it seems only natural that the next generation of vehicles would embrace the broadband revolution.
From 2010, Ford will offer new car customers the option of turning their vehicle into a Wi-Fi hotspot. Cars will come with the next generation Sync in-car entertainment system and [...]
Having suffered from a series of recalls in the USA which have severely dented its reputation, the last thing Toyota needed was for a similar experience in another country – but that is exactly what has happened in China.
Just months after the company announced its biggest ever recall in China, which affected around 688,000 vehicles [...]