Health of automotive lenders improves

The automotive lending environment is getting better for lenders as well as consumers with good credit, but the...

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SMP retains distribution rights of Intermotor in North, Central, South America

The recently announced sale by Standard Motor Products, Inc. (SMP) of its European distribution business will have...

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U.S. automaker Ford to speed up hybrid production

CHICAGO, Dec.8 (Xinhua) -- Ford Motor Co. has outlined its plan to invest as much as 500 million U.S. dollars in...

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GM CFO to be announced within weeks

General Motors is close to appointing a new Chief Financial Officer (CFO) after a week of positional shuffling at...

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