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Europe's largest carmaker announces plans to launch a convertible bond issue alongside its multibillion-euro capital increase, in a move to woo investors wary of equity issues

German premium carmaker posts a better-than-expected pre-tax profit for 2009, but fell short of providing a profit outlook for this yea

Japanese carmaker hands over to US lawmakers a 2006 letter written by Japanese employees warning that aggressive cost cuts had undermined the quality of its vehicles

The US carmaker is thinking about replacing the Daewoo brand with the Chevrolet name in South Korea as it looks to boost sales at its struggling GM Daewoo unit

The US car company has agreed to take back 661 out of around 2,000 dealers it thought it had shed as part of it bankruptcy last year

Shares in the Aim-quoted company rose 46% after Smith Electric Vehicles US Corp, its American joint venture, offered to buy its UK business for £37m in cash

Shares in Tata Motors fell almost 6% after Daimler said that it had sold its 5.34% stake in India's largest carmaker to the group's founders and other investors

The premium carmaker promises a swift return to pre-crisis sales and higher profitability, after it reports a less dramatic profit drop in the past year than its main competitors

Toyota has run into further headwinds after widely publicised reports that the driver of a Prius hybrid hatchback in California had trouble slowing his speeding vehicle on an interstate highway after the accelerator jammed

The motor dealership moves to a profit on the back of a good performance from its parts and servicing division as consumers opted to refurbish old cars rather than buying new


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