The European car market suffered another month of heavy declines in June and its fourth drop overall this year as rapidly deteriorating economic conditions kept new car buyers from leaving the house.
As if gas prices, a weak economy and a strike by a major supplier weren't enough to drag down Hummer's sales, dealers are now reeling from GM comments about selling the brand.
Jaguar boss Geoff Polites, who is credited with steering the storied British luxury brands through the ongoing sale process to India's Tata Motors Ltd., has died. He was 60.
Jaguar and Land Rover's Chief Executive Geoff Polites, who is credited with steering the storied British luxury brands through the ongoing sale process to India's Tata Motors, has died.
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.
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.