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Dec
10th

SOUTH KOREA: Kia FCV has long range

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A fuel cell version of Kia Motors Mohave SUV has travelled 633km (400 miles) without refuelling. Full story...
Dec
10th

JAPAN: Toyota plans more NA cuts

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Toyota has planned further North American production cuts as sales continue to slump. Full story...
Dec
10th

Political disputes delay auto-aid bill

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A final Senate vote on legislation that would provide emergency loans to the Detroit 3 may not come until this weekend, Senate Majority Leader Harry Reid warned today. Reid, D-Nev. Full story...
Dec
10th

Political disputes delay auto aid bill

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A final Senate vote on legislation that would provide emergency loans to the Detroit 3 may not come until this weekend, Senate Majority Leader Harry Reid warned today. Reid, D-Nev. Full story...
Dec
10th

CHINA: Changan denies Volvo talk with Ford

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A Chinese business daily misquoted a local automaker executive as saying it had held talks with Ford about acquiring Volvo, it was claimed on Wednesday. Full story...
Dec
10th

GM looks to credit unions for new financing source

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A group of credit unions from Michigan, Ohio, Indiana and Illinois is pledging $10 billion in low-cost auto financing to its more than 12 million members for the purchase of General Motors vehicles. Full story...
Dec
10th

GM looks to credit unions to help finance new vehicles

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A group of credit unions from Michigan, Ohio, Indiana and Illinois is pledging $10 billion in low-cost auto financing to its more than 12 million members for the purchase of General Motors vehicles. Full story...
Dec
10th

Midwest credit unions pledge $10 billion in auto loans to help GM

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A group of credit unions from Michigan, Ohio, Indiana and Illinois is pledging $10 billion in low-cost auto financing to its more than 12 million members for the purchase of General Motors vehicles. Full story...
Dec
10th

GM looks to credit unions as access to new-vehicle sales

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A group of credit unions from Michigan, Ohio, Indiana and Illinois is pledging $10 billion in low-cost auto financing to its more than 12 million members for the purchase of General Motors vehicles. Full story...
Dec
10th

FRANCE: Slowdown hits Toyota Europe

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Toyota Motor is experiencing a notable slowing of demand and production in Europe, its local head has said. Full story...
Dec
10th

GMAC may withdraw bank application

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GMAC Financial Services warned today in a filing with the Securities and Exchange Commission that it may have to withdraw its application to become a bank holding company, a necessary step toward winning funds from the government financial-services... Full story...
Dec
10th

ArvinMeritor tosses its fiscal-year forecast

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Drivetrain supplier ArvinMeritor Inc. has withdrawn the fiscal-year earnings expectations it released three weeks ago, saying it has received )x("”",no encouragement” that depressed production levels would increase. Full story...
Dec
10th

ArvinMeritor withdraws yearly earnings forecast

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Drivetrain supplier ArvinMeritor Inc. has withdrawn the fiscal-year earnings expectations it released three weeks ago, saying it has received )x("”",no encouragement” that depressed production levels would increase. Full story...
Dec
10th

GM headed for ad agency consolidation?

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Now that General Motors needs to trim marketing costs by some $600 million in the next four years, will it also need to trim agencies? GM said it will focus on only four of its eight vehicle brands including Chevrolet, which accounts for more than... Full story...
Dec
10th

Smooth Operator: We begin a year with Jaguar’s XF:

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Jaguar’s 2009 XF is widely regarded as a make-or-break car for the British brand now owned by Tata of India. The XF replaces two models, the forgettable X-Type and the decent S-Type, which never sold in any significant numbers. Full story...
Dec
10th

CANADA: Pressure rises for automaker loans

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If the United States Congress agrees a $15bn auto industry loan this week, the Canadian government is likely to be pressured to help its own automakers based in Ontario, the province's premier has said. Full story...
Dec
10th

Production sinks across Europe

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Industrial output sank in several European economies in October. The slowing economy and falling sales forced factories to scale back production in the car industry and other hard-hit sectors. Full story...
Dec
10th

Europe production sinks

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Industrial output sank in several European economies in October. The slowing economy and falling sales forced factories to scale back production in the car industry and other hard-hit sectors. Full story...
Dec
10th

UK: New sales, finance, chiefs at Chrysler

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Chrysler UK has named experienced auto industry hands Jonathan Shaw as chief financial officer and Rob Hatfield as sales director. Full story...
Dec
10th

US: GM staff lobby to keep CEO

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General Motors staff have been lobbying Congress to keep CEO Rick Wagoner in charge of their beleagured employer. Full story...
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