By JAMES DETAR,
General Motors said in a filing that its financial arm has received a subpoena from the Justice Department for documents related to risky subprime auto loans.
German car sales bounce back in July
New-car sales in Germany bounced back in July, suggesting further improvement in second-half demand in Europe’s largest auto market.
The World is a curve says Porsche – enjoy it!
Porsche Cayman GTS has been on the market for a short time as the top-of the range model until the hot more track oriented GT4 model arrives sometimes later this year or in early 2015.
Daimler will raise its investment in Aston Martin
Daimler will raise its investment in Aston Martin and supply the U.K. sports-car producer with electric and electronic parts to deepen an alliance that started last year.
Daimler’s Russian growth slowed by Ukraine crisis says Zetsche
Daimler has seen booming growth in the Russian auto market weaken due to the Ukraine crisis, CEO Dieter Zetsche told a German newspaper.
