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Mar
18th

MEXICO: AKT signs manufacturing deal in Mexico

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AKT has signed deals that will see it manufacture injected moulded automotive parts in Saltillo, Mexico. Full story...
Mar
18th

GERMANY: Morgan Stanley cuts Volkswagen rating

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Morgan Stanley has lowered its rating of the German car manufacturer Volkswagen to "underweight" from "equal weight". The bank also cut its target price to EUR20 from EUR28. Full story...
Mar
18th

GERMANY: BMW profit plunges, targets held

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BMW is sticking to the long-term targets set out in its so-called Number One strategy despite the current challenging economic times, the automaker said as it announced a fall in 2008's net profit of almost 90% on Wednesday. Full story...
Mar
18th

INDIA: ‘Nano effect’ hits used car prices

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Prices of second-hand cars in India, primarily compact models, have fallen 15-20% in the last few days in what an Indian newspaper has dubbed "the Nano effect". Full story...
Mar
18th

CHINA/INDIA: Auto observers cautious on recovery

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Analysts remain cautious over whether recent sales rises in the key emerging auto markets of China and India signal the start of a sustained recovery after volumes plunged in the second half of last year due to the global credit crunch. Full story...
Mar
18th

CHINA: Chinese sale possible for Delphi assets – reports

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Beijing Automotive Industry wants to buy non-core assets from Delphi, according to a Chinese report. Full story...
Mar
18th

UK: New models key to sales success

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New model launches are fundamental to market success in the tough economic climate, Jato Dynamics said after analysing European new car sales in February. Full story...
Mar
18th

Morgan Stanley downgrades Volkswagen to underweight

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Morgan Stanley downgraded preferred shares of Germany's Volkswagen to "underweight" from "equal weight," and estimated net liquidity to decline by 16 million euros a day in 2009, resulting in a modest net debt position within 18 months. Full story...
Mar
18th

Plastic Omnium to expand in China, India and Russia despite downturn

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The global economic slowdown has not stopped Plastic Omnium's emerging market expansion. The French supplier plans to boost its manufacturing presence in China, India and Russia this year. Full story...
Mar
18th

Plastic Omnnium to expand in China, India and Russia despite downturn

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The global economic slowdown has not stopped Plastic Omnium's emerging market expansion. The French supplier plans to boost its manufacturing presence in China, India and Russia this year. Full story...
Mar
18th

Lexus IS 250C is ready to roll – Lexus IS 250C is ready to roll

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Desirable drop-top model targets BMW's 3-Series Convertible with folding metal roof!


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Mar
18th

MR2 set to return as Prius coupé?

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Production of MR2 stopped in 2007; new car will be a coupé instead of roadster


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Mar
18th

Opel, GM have funds to last into April, says German official

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German carmaker Opel and its U.S. parent General Motors have, to the knowledge of the German government, sufficient financing to see them through into April, a junior economy minister said today. Full story...
Mar
18th

GM, Opel have funds to last into April, says German official

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German carmaker Opel and its U.S. parent General Motors have, to the knowledge of the German government, sufficient financing to see them through into April, a junior economy minister said today. Full story...
Mar
18th

Cost to make VW Up worries Skoda, Seat

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Volkswagen brand engineers want to install components in the Up that would make it too expensive for Skoda and Seat, a VW group engineer told Automotive News Europe. Full story...
Mar
18th

Lexus Drop Top is ready to roll

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Model gets raft of tweaks over saloon.


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Mar
18th

Next Corsa heads for hills

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Flared wheelarches and raised ride height give SUV muscular look.
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Mar
18th

First Acura teaser shots

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Pictures of new Acura crossover leaked ahead of its official New York launch.


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Mar
18th

Lotus Evora convertible

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Lotus' mid-engined 2+2 sports car is opening up for 2011.


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Mar
18th

Porsche announces prices for its new GT – Panamera prices

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Entry level models set to tip the scales at £72,266...


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