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Mar
16th

…And Twingo CC hits road

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It’s the new French revolution! A hi-tech family of electric cars costing less than their petrol equivalents will drive Renault to the front of the race to become Europe’s greenest auto maker, bosses have announced.What’s more, the first of these new vehicles will be launched at the Frankfurt Motor Show in the autumn, and the whole plan will be complete in less than three years.


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Mar
16th

F1: Toro Rosso is go!

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Red Bull’s second string outfit is final team to unveil its 2009 contender


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Mar
16th

GERMANY: Opel answers in US – minister

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The German government is now looking to General Motors and the US administration for help to answer remaining questions over the future of GM's European unit Opel. Full story...
Mar
16th

Guardian Industries owner Bill Davidson dead at age 86

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Longtime auto industry supplier and Detroit area entrepreneur Bill Davidson has died at the age of 86. Davidson, who owned automotive glass giant Guardian Industries, was known most for owning the Detroit Pistons NBA franchise. Full story...
Mar
16th

Guardian owner Bill Davidson dead at age 86

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Longtime auto industry supplier and Detroit area entrepreneur Bill Davidson has died at the age of 86. Davidson, who owned automotive glass giant Guardian Industries, was known most for owning the Detroit Pistons NBA franchise. Full story...
Mar
16th

Guardian transition plan being executed, but not communicated

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The future leadership and ownership structure of Guardian Industries Corp. is unclear, but a transition plan is being carried out following the Friday passing of its owner and CEO, William Davidson. Full story...
Mar
16th

Davidson’s death starts Guardian transition plan

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The future leadership and ownership structure of Guardian Industries Corp. is unclear, but a transition plan is being carried out following the Friday passing of its owner and CEO, William Davidson. Full story...
Mar
16th

UK: Consumers want scrappage scheme – SMMT

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Results from an independent consumer survey commissioned by the Society of Motor Manufacturers and Traders (SMMT) show that 76% of consumers are in favour of the UK government introducing a scrappage incentive scheme similar to those currently running across Europe. Full story...
Mar
16th

Asbury auditors will issue ‘going concern’ warning after Q4 loss

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Asbury Automotive Group, the sixth-largest U.S. dealership group, will receive a warning from auditors today that it may not remain current in its debt covenants, the company said this morning. Full story...
Mar
16th

Asbury Automotive reports 1st annual loss since going public

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Asbury Automotive Group posted a loss in 2008 -- its first red ink for a full year since it became publicly traded -- and received a warning from auditors that it may not remain current in its debt covenants. Full story...
Mar
16th

GERMANY: Ford Europe cuts production capacity

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Ford of Europe has announced further actions to reduce production capacity in Europe 'due to the unprecedented decline in the European new car market and the continuing negative economic outlook'. Full story...
Mar
16th

GERMANY: Daimler seeks Li-Ion battery JV partner

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Daimler is looking for a partner for its lithium-ion batteries joint venture with Evonik Industries, a senior executive has said. Full story...
Mar
16th

Ford to cut production in Spain, Germany

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Ford of Europe is cutting production at two factories in Europe after its new-car sales dropped sharply this year. The automaker will cut one of the three shifts at its Valencia plant in Spain starting on May 1. Full story...
Mar
16th

Ford to cut production in Spain, Germany; more measures expected

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Ford of Europe is cutting production at two factories in Europe after its new-car sales dropped sharply this year. The automaker will cut one of the three shifts at its Valencia plant in Spain starting on May 1. Full story...
Mar
16th

SPAIN: Renault plant finally gets new product

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Renault will build a new 1.4-litre petrol engine, its first in a partnership with Nissan, at its Valladolid factory in northern Spain. Full story...
Mar
16th

UK: Details make the E-class of ’09

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Mercedes-Benz engineers' obsession with detail includes making sure the navigation system mapping is correct when undertaking test drives. Full story...
Mar
16th

Two more Wagon plants in Germany set to be saved

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MUNICH -- Two more of Wagon Automotive's factories in Germany are set to be saved by management buyouts. Full story...
Mar
16th

RUSSIA: AvtoVAZ wants 26bn roubles in state aid

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AvtoVAZ hopes to receive some 26 billion roubles (USD680m) from the Russian federal government soon in order to ease a liquidity crisis that has disrupted production. Full story...
Mar
16th

Nissan streamlines oversight of its European operations

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Nissan has announced management changes aimed at helping it survive the global slowdown and position itself for the return of better times. Full story...
Mar
16th

Automakers expect Italy’s scrappage bonus to slow sales decline

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Scrappage incentives could end Italy's 14-month decline in new-car sales as soon as this month. UNRAE, Italy's association of foreign automakers, believes March new-car sales could be close to the 214,332 level of March 2008. Full story...
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