Auto News 5

Ford Motor Co., battling a 20 percent decline in U.S. sales this year, said today it is bringing back employee pricing for its year-end clearance sale beginning tomorrow. Full story...

Arvin Meritor has reported a full year net loss and said that until it sells its light vehicle division, the unit will may continue to weigh down on its overall performance. Full story...

The 2010 Mustang has been re-engineered and restyled -- the pony car's first major change since the 2005 model. "This car is a modern interpretation of the Mustang heritage," said Doug Gaffka, Mustang chief designer here. Full story...

The V10 engined R8 GT3 has broken cover... And our spies have the first ever images! Full story...

Thai vehicle sales fell by 15.4% year-on-year to 48,942 units in October - the fastest rate of decline so far this year, according to data released by Toyota Motor Thailand. The gloomy data reflects a worsening global economic outlook and ongoing political uncertainty in the country. A domestic index measuring consumer sentiment shows confidence fell to a low for the year in October. Full story...

Yeah, we know how you feel. You see these pictures and think, "Another and@#$%*# crossover!" and, like us, you wonder what market trends demanded this. Full story...

European carmakers are still to receive any firm indication from Brussels about whether the sector is to receive a financial rescue package. So far, EU leaders have given no firm assurances carmakers will be bailed out of any trouble and have at times also appeared at loggerheads with each other about the best direction to take. Full story...

Michelin has developed a tyre - the highly energy-efficient Michelin Primacy HP - specifically for the new Opel/Vauxhall Insignia ecoFLEX. Full story...

SENIOR EDITOR BOB GRITZINGER: Tune an already superb 3-series chassis to M level, add a 414-hp V8 heart stopper tied to a supermanageable seven-speed dual-clutch transmission, toss in a spectacular interior, and what could possibly be missing? Maybe... Full story...

SENIOR EDITOR BOB GRITZINGER: Tune an already superb 3-series chassis to M level, add a 414-hp V8 heart stopper tied to a supermanageable seven-speed dual-clutch transmission, toss in a spectacular interior, and what could possibly be missing? Maybe... Full story...

Kuwaiti investment company, The Investment Dar Company (TID), has acquired a 40% stake in Prodrive, a motorsport and automotive technology business. Prodrive is based in the UK with operations in Australia and the Asia Pacific region. Full story...

In the five years since Ford restaked its claim as the No. 1 maker of retro-muscle cars with the 2005 Mustang, competitors have come on strong with their own versions of the now tried-and-true formula. Full story...

ArvinMeritor Inc. boosted revenue during its fiscal year and fourth quarter, but posted net losses for both periods from fourth quarter tax charges. Full story...

Supercar gets V10 as it targets Ferrari and Aston. Full story...

Leaked images of new muscle car reveal a host of changes. Full story...

Volvo Truck has said that worldwide deliveries were down 5% in October at 9,410 trucks. Full story...

First interior spy shots show RR4 gets BMW's control system Full story...

Air vents and spoilers to mark out Leon. Full story...

Toyota Motor Thailand (TMT) says it will make fewer vehicles next year than the 570,000 estimated this year as exports have been hurt by the global recession. Full story...

The UK government is reportedly threatening to withhold public funding for infrastructure projects in Manchester, unless the city agrees to introduce a congestion charge. Full story...