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Mar
20th

Chrysler, in reversal, says Fiat won’t assume debt

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Chrysler LLC, reversing an earlier stance, said proposed partner Fiat S.p.A. would not assume any of of the U.S. automaker's debt if the companies form an alliance. Full story...
Mar
20th

GM, Chrysler get cold shoulder from consumers, report says:

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General Motors and Chrysler clearly have an image problem. Full story...
Mar
20th

Auto panel chief says GM, Chrysler may need more aid

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The co-leader of the U.S. auto task force said General Motors and Chrysler may need "considerably'' more than the $21.6 billion they're seeking to stay afloat, Bloomberg News reported. Full story...
Mar
20th

GM, Chrysler may need more aid, Rattner says

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The co-leader of the U.S. auto task force said General Motors and Chrysler may need "considerably'' more than the $21.6 billion they're seeking to stay afloat, Bloomberg News reported. Full story...
Mar
20th

Auto panel chief says GM, Chrysler may need ‘considerably’ more aid

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The co-leader of the U.S. auto task force said General Motors and Chrysler may need "considerably'' more than the $21.6 billion they're seeking to stay afloat, Bloomberg News reported. Full story...
Mar
20th

US: Loan talk turns GM, Chrysler, buyers away

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Fewer prospective new car buyers are considering General Motors Chrysler vehicles as consumer attention focuses on their calls for further US government aid, a survey showed. Full story...
Mar
20th

US: Volkswagen to sell new Polo Stateside

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Volkswagen of America has acknowledged that hatchback and sedan versions of its just-redesigned Polo compact will be sold in the United States by 2011. Full story...
Mar
20th

UK: Minister says most automakers have a future

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The UK government is working to make sure the vast majority of auto companies and their suppliers have a future, business secretary Peter Mandelson said on Friday as he visited a car factory. Full story...
Mar
20th

RUSSIA: Government to aid state-controlled automakers

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The Russian government plans to bail out mostly state-controlled companies, first deputy prime minister and finance minister Alexei Kudrin has said. Full story...
Mar
20th

NORWAY: Think inks Dutch EV deal

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Electric vehicle manufacturer Think has signed a memorandum of understanding (MOU) to deliver up to 500 city electric-powered vehicles this year to ElmoNet, a subsidiary of Mobility Service Netherlands. Full story...
Mar
20th

First Drive: 2010 Chevrolet Camaro SS

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First Drive: 2010 Chevrolet Camaro SS
2010 Chevrolet Camaro SS - Chevy Sport Coupe First Drive Review - Automobile Magazine
The day of reckoning has arrived: the new 2010 Chevrolet Camaro has left the assembly line keen to butt heads with pretenders to the pony car throne.

The day of reckoning has arrived: Chevy's new Camaro has left the assembly line keen to butt heads with the Dodge Challenger, Ford Mustang, Hyundai Genesis Coupe, and other pretenders to the pony car throne. We tested two SS V-8s to find if the long wait has been worthwhile.


Photo Gallery: 2010 Chevrolet Camaro SS - Chevy Sport Coupe First Drive Review - Automobile Magazine


Full story...
Mar
20th

2009 Audi TTS Coupe

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2009 Audi TTS Coupe
2009 Audi TTS Coupe - Audi Sport Coupe Review - Automobile Magazine
This is the most potent TT on the (U.S.) market, and the car looks and feels very good.

Our meteorologists were calling for four to six inches of snow last weekend, but I wasn't worried - I had the Audi TTS with Quattro. However, our example arrived with its nineteen-inch wheels wrapped in summer rubber, and no matter how valiantly the ESP fought to keep the car in check, the car proved virtually impossible to drive.


Photo Gallery: 2009 Audi TTS Coupe - Audi Sport Coupe Review - Automobile Magazine


Full story...
Mar
20th

US: Survey paints gloomy tier one picture

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Current market conditions could cause more than half of the tier one automotive suppliers in the US to file for bankruptcy in 2009, prompting 1m additional job losses and creating an estimated US$9bn income tax revenue shortfall, a new study concluded. Full story...
Mar
20th

Renault against AvtoVAZ share issue

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MOSCOW (Reuters) -- France's Renault opposes the idea of issuing new AvtoVAZ shares because the move would dilute its 25 percent stake in the struggling Russian carmaker, Renault's regional chief said on Friday. Full story...
Mar
20th

Kroymans applies for insolvency protection

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Kroymans Corp., General Motors' European distributor for Cadillac cars, today said it is seeking court protection from creditors. The Dutch-based dealer group said it has acute liquidity problems due to a collapse in new- and used-car sales. Full story...
Mar
20th

Cadillac distributor in Europe seeks protection

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Kroymans Corp., General Motors' European distributor for Cadillac cars, today said it is seeking court protection from creditors. The Dutch-based dealer group is GM's importer for Cadillac, Corvette and Hummer in European Union markets. Full story...
Mar
20th

MALAYSIA: Vehicle sales fall in February

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Sales of vehicles in Malaysia in February were down 3% over the previous month, according to a trade body, with the year-on-year comparisons also down. March's sales are expected to show an improvement, however. Full story...
Mar
20th

US: Solar power unveiled by Porsche

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Porsche Cars North America (PCNA) has unveiled an 80kW urban solar power array at its Porsche Logistics facility in Ontario, the first solar power system deployed at any of its US Full story...
Mar
20th

THE WEEK THAT WAS: The patient (eventually) gets fed funds

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Unlike presidents Bush #1 and #2, the late Ronald Reagan and Richard Nixon, Skull and Bones, the tobacco industry and numerous other subjects of creator G B Trudeau's sharp and subtle wit, I am a great fan of the satirical Doonesbury cartoon strip, first published in a Yale student newspaper in the early 1970s. Full story...
Mar
20th

VW’s Skoda postpones expansion into southeast Asia

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FRANKFURT (Reuters) -- Volkswagen's Czech brand Skoda said it has postponed its plans to enter the ASEAN market, which includes Malaysia, Thailand, Indonesia and the Philippines and has annual sales of about 1.8 million vehicles. Full story...
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