World car sales to pick up sharply in 2010

December 30, 2009 The research arm of Scotiabank said in a report on Wednesday that new car sales around the world...

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U.S. moves closer on new cash infusion for auto financier GMAC, source says

WASHINGTON - A person with knowledge of the matter says the U.S. government is moving ahead on a fresh multibillion...

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Israeli court orders road open to Palestinian cars

JERUSALEM (Reuters) - Palestinians and human rights activists dubbed it the "apartheid road". Many Israeli...

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Petrol prices set for major rises in 2010

Petrol prices are set for a 5p-per-litre hike over the first three months of 2010, and potentially twice as much by...

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Federal government to provide $3.5B more in aid to auto lender GMAC

NEW YORK - GMAC Financial Services is expected to receive $3.5 billion more in federal aid to further stabilize the...

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