Auto News 5

Ford is aiming to sell 22,000 Ka cars in Germany next year, giving it a market share of around 20% in the sub-B segment. Read more ...

BMW is not making any major decisions based on the current financial crisis and slowdown in vehicle markets. Read more ...

More cuts in production at Ford and GM's European vehicle assembly plants have been announced. Read more ...

German premium carmaker Audi's Hungarian unit plans to lay off 20 percent of its temporary workforce from November due to a decline in orders amid the global financial crisis, it said on Tuesday. Read more ...

Analysts expect European carmakers to abandon targets for this year and next as they struggle with falling demand and rising costs when they publish their quarterly numbers this week. Read more ...

The sale of American Honda's FuelMaker Corporation, which makes the Phill natural gas home refueller to Clean Energy Fuels has been terminated, according to a Securities and Exchange Commission filing. Read more ...

Get ready, people! The onslaught of political advertisements are about to be replaced by an onslaught of holiday ads, and there's absolutely nothing we can do about it other than roll with the punches. Read more ...

The number two executive at Daimler's premium brand Mercedes-Benz warned on Monday that a sharp plunge in demand for its luxury cars could lead to job cuts. Read more ...

French car parts maker Valeo posted a 5.9 percent drop in third-quarter sales and said it expects the car market to deteriorate further in the fourth quarter. Read more ...

Volkswagen said it has officially launched the new Bora sedan in China, produced by its joint venture with First Automotive Works. The new Bora is priced at 107,800-143,800 yuan. Read more ...

French car parts maker Valeo posted a 5.9 percent drop in third-quarter sales and said it expects the car market to deteriorate further in the fourth quarter. Read more ...

Formula 1's governing body, and the alliance of the ten competing teams - FOTA, on Tuesday agreed "significant cost savings for 2009 and 2010". Read more ...

The brand new Borrego from Kia sets several benchmarks in the Kia organization. Borrego is the first mid-sized SUV the company has produced which means just about every part in the vehicle is new. First shown at the Detroit Auto show in January 2008, the SUV is on sale at Kia dealers less than ten months later. Topping things off is the fact that Kia is so confident of their build quality that the Borrego carries a 5-year/100,000 km warranty. Read more ...

Here's a short update on cars, drivers, teams and sponsors for the 2009 NASCAR Sprint Cup series. Read more ...

Lotus has just received another award for its environmental research project. Dubbed HOTFIRE, it's a direct injection engine that reduces fuel consumption and CO2 emissions by 15%. With it, Lotus wanted to study the potential gains achieved by pulverising fuel directly in a conventional engine's cylinders rather than using an air/fuel mixture. Read more ...

It is now almost certain that the Force India Formula 1 team will team up with McLaren-Mercedes for the 2009 season and beyond. Read more ...

A delegation of Canadians is heading to London, Great Britain this week in a bid to save the axed Canadian grand prix. Read more ...

A new category has been added to the 2009 Shell Eco-marathon Americas, a competition where students are asked to design, build and test vehicles to see who can go the farthest distance using the least amount of fuel. The point of the "Urban Concept" class is to create vehicles that are more fuel-efficient, yet that resemble cars seen on roads today. Read more ...

The brand new Borrego from Kia sets several benchmarks in the Kia organization. Borrego is the first mid-sized SUV the company has produced which means just about every part in the vehicle is new. First shown at the Detroit Auto show in January 2008, the SUV is on sale at Kia dealers less than ten months later. Topping things off is the fact that Kia is so confident of their build quality that the Borrego carries a 5-year/100,000 km warranty. Read more ...

The Toyota's Formula 1 test team has decamped to the south of Germany between Munich and Stuttgart this week for an aerodynamic test. Read more ...