TOKYO, Aug 30- Japan's Suzuki Motor Corp said on Sunday it would buy back the 19.9 percent stake it sold to Volkswagen AG after an international arbitration court ordered the German automaker to sell its holding. VW's stake, acquired in January 2010 for 1.7 billion euros, was worth some $3.8 billion at Friday's closing price. Both companies said they welcomed the...» Read More
You've probably heard that Tata Motors--producer of the least expensive new car on the planet, the $2,000 Nano--is buying Jaguar. I always wanted a Jag. Even when people joked that you needed to own two because one was always broken down, I wanted one.
They're some of the S&P's best performers today and with good reason.
With summer driving season around the corner, and the cost of gasoline at record highs, pain at the pump has become an everyday reality. And that has some automakers shifting their focus to alternative fuels, like hydrogen cells.
India's Tata Motors Wednesday announced a $2.3 billion deal to buy Jaguar and Land Rover from Ford Motor Co, in a transaction that gives the emerging Indian automaker a model line-up ranging from ultra-cheap to high-end luxury.
The e-mail jumped off the screen at me. It came in earlier this week when I asked you why we have not seen a "game changing" car, truck, or SUV in a while. Ray wrote of his interest in Chevy's electric/gas hybrid Volt currently in development.
India's Tata Motors geared up for a bigger international presence on Wednesday with the expected announcement of its $2 billion-plus purchase of luxury brands Jaguar and Land Rover from Ford Motor.
The trade ahead of Wednesday's durable goods report.
Worried your car might get stolen? Want to keep track of your loved ones? With "Snitch" you can pinpoint the location of your vehicle, or someone else's, anywhere, anytime.
The clock is ticking at Ford. By the end of 2009, the company has targeted that it will be back in the black. That's less than 2 years away and with the economy slowing down, you might be looking at that deadline and wondering if Ford is going to make it.
After months of talks, the Ford Motor Company and Tata Motors may finally have a deal.
Mojo, Buzz. You pick the adjective. The auto industry is lacking the one car, truck, or SUV that everyone is talking about. You know, the one model getting attention, good or bad. Think Hummer from 5 years ago. Or the Prius 3 years ago.
Talk about an amazing race. More than 65 futuristic, but real cars, will be racing throughout 10 U.S. cities, with the winner getting $10 million dollars. Sounds incredible, and it could be. It's the Automotive X prize competition which just signed on with Progressive Insurance providing $12.5 million dollars as the title sponsor.
Shares in digital map maker Tele Atlas rallied on Thursday on hopes EU regulators will approve its 2.9 billion euro ($4.48 billion) takeover by TomTom, Europe's largest maker of car navigation devices.
A day after the Federal Reserve cut interest rates another three-quarters of a point, CEOs joined Squawk Box to share their outlook on the economy and markets.
I hate to lose. I admit it. It's my competitive nature. Which will make today at the NY Auto Show a painful and costly experience for me. Today, Pontiac is showing its newest crossover utility vehicle. It's coming from GM's Australian subsidiary Holden and I have to admit it's pretty cool.
Cramer makes the call on viewers' favorite stocks.
As I sat down to interview Chrysler CEO Bob Nardelli, Co-President Jim Press, and Co-President Tom LaSorda two things jumped out in my mind. First: is Chrysler's turn-around on target? Second: Do Chrysler's growth plans remove lingering doubts about the automaker's future.
It's not quite 1999, but it sure is starting to feel like that again. Back then, leasing a car was all the rage. The percentage of leased cars, trucks, and SUVs was substantially higher, and you often heard people say, "Don't buy it. Lease it!!"
As we watch GM and Ford shares approach lows we haven't seen since the days when Michael Jackson's "Thriller" was topping the charts, and while mighty Toyota ponders cutting truck production in the U.S., I decided Friday deserves some lovin'.
A 200+ point decline turns into a net gain on the Big Board as Standard & Poor's gives the market some confidence that the end is near. Also, oil and gold hit records and more in the Word on the Street.