Automaker's board approved certain agreement contracts for the planned merger with German sportscar builder Porsche, taking the two one step closer to completing the deal.

Automaker plans to release full restructuring plan for Opel and Vauxhall units in mid December, but didn't specify the cuts to capacity and jobs it would seek.

German carmaker Volkswagen AG says it will buy some assets of German contract carbuilder Karmann GmbH to create a new manufacturing subsidiary.

Salaried employees at DENSO Manufacturing Tennessee Inc. will have their full pay restored in January after having their pay cut 5 and 10 percent last February.

U.S. auto sales could top an annual rate of 10.8 million in November, General Motors' top sales analyst said -- a huge jump without the aid of Cash for Clunkers rebates.

Harley-Davidson has been looking at a site in Kentucky for a motorcycle plant that employs 2,500 people, but Gov. Steve Beshear says potential for a deal is ‘significantly diminished.’

Only a small percentage of buyers returned vehicles under a 60-day money back guarantee promotion and GM executives are calling them to find out why they weren’t satisfied.

Auto production was down 6.7 percent in October compared to a year ago, the smallest year-on-year drop of 2009, an industry group said Friday.

New plant addition will manufacture and test medium-duty truck and off-highway viscous fan drive product.

Head of the Nissan-Renault alliance said customers' adoption of electric vehicles will be slow, with traditional gasoline-powered cars continuing to dominate for many years.