AUTOS

The US carmaker is thinking about replacing the Daewoo brand with the Chevrolet name in South Korea as it looks to boost sales at its struggling GM Daewoo unit

Shares in the Aim-quoted company rose 46% after Smith Electric Vehicles US Corp, its American joint venture, offered to buy its UK business for £37m in cash

Shares in Tata Motors fell almost 6% after Daimler said that it had sold its 5.34% stake in India's largest carmaker to the group's founders and other investors

The premium carmaker promises a swift return to pre-crisis sales and higher profitability, after it reports a less dramatic profit drop in the past year than its main competitors

The US carmaker says it is studying a proposal from its Belgian employees to keep its Antwerp plant open to build vehicles on contract for other carmakers

Toyota has run into further headwinds after widely publicised reports that the driver of a Prius hybrid hatchback in California had trouble slowing his speeding vehicle on an interstate highway after the accelerator jammed

The motor dealership moves to a profit on the back of a good performance from its parts and servicing division as consumers opted to refurbish old cars rather than buying new

The troubled car and home lender said that Robert S. Hull would leave the company at the end of the month, creating uncertainty at GMAC as it tries to repay billions in taxpayer aid

The German carmaker, a long-time sceptic about hybrid and electric cars, has officially shifted gears

Although the centre of gravity of the global car industry is shifting to the east, Chinese carmakers are still a generation behind the west in international markets

Japan and South Korea's struggle for international reserves of the rare metal shows the intensity of the battle to feed the battery industry

The UK manufacturer wins forward sales commitments totalling about £200m for its engine emissions control systems and expects to double its workforce as a result of the new products

The weakening euro is a long-term problem for the European economy in spite of it boosting the fortunes of individual companies, says Dieter Zetsche, head of German carmaker Daimler

Three pedals, preferably none with an electronic mind of its own, and a gear stick under the hand. This remained the bottom line for Jurek Martin when his wife bought him a new car for his birthday

The Japanese carmaker is set to hit back at one of its most high-profile critics by staging a technical demonstration intended to rebut his claim to have uncovered a potentially dangerous flaw in the carmaker's onboard electronic control systems