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After years of hanging out in the California sun, Volvo is headed back to Jersey. The move comes as Ford is nearly finished selling its Jaguar and Land Rover brands, which means the Blue Oval no longer has enough tenants to justify paying for a facility in SoCal. Ford's Swedish brand is going to re-......

Two days ago we told you about Cerberus head Stephen Feinberg's rather sanguine thoughts on Chrysler. Cerberus' other big auto investment, GMAC, is having a few issues of its own. Last year GMAC's auto lending division posted a profit of $1.77 billion, but losses in the mortgage loan division turned......

Ford is making significant strides to turn its North American operations around. In 2006, it was able to cut almost 34,000 workers from its payroll after one round of buyouts and is looking to cut even more of its workforce this year through another payoff program that's being offered to 54,000 UAW-......

Over 2006 and 2007, Ford lost $15.3 billion. Over that same time and in light of those losses, the company also shed 33,600 union workers through buyouts and early retirement. Still working through the uphill part of the turnaround, Ford has announced it wants to eliminate another 8,000 to 9,000 fac......

We don't mean moving to the right ideologically, mind you. Senate leader Donie Cassidy wants Ireland to consider changing which side of the road people drive on. Like England, Ireland drives on the left side of the road, which might be a problem for an increasing number of people working in or visit......

SEAT has some ambitious plans. The Spanish subsidiary of Volkswagen is targeting a twofold increase in sales from 400,000 to 800,000 units by 2018, but currently has a line-up of seven models that, for the most part, are little more than rebodied VWs with a poorer reputation. While speaking with the......

Seven months ago, so many Chrysler workers took up the offer of a buyout that the newly purchased pentastar slowed the whole process down while it sorted things out. To start 2008, the axe is back out again, with Chrysler working to reduce reduce its workforce by up to 12,000 people and offering mor......

Dual-clutch transmissions are emerging as the latest trend in automotive gearboxes, and the Italians aren't about to miss out on the newest fashion. Fiat announced earlier today a new family of six-speed transmissions, called C635, that will premiere as a manual in June 2009, followed by a dual-clut......

Dual-clutch transmissions are emerging as the latest trend in automotive gearboxes, and the Italians aren't about to miss out on the newest fashion. Fiat announced earlier today a new family of six-speed transmissions, called C635, that will premiere as a manual in June 2009, followed by a dual-clut......

General Motors held a conference with analysts today in which it outlined the automaker's turnaround progress and plans for 2008, the result of which is a press release (after the jump) that is the most boring piece of literature ever to be read. We tried, and were comatose by the first set of bulle......