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Apr
27th

Opel talks will continue until May, Henderson says

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General Motors expects to continue talks with potential investors for its Opel/Vauxhall unit through early May, CEO Fritz Henderson said today. Henderson said GM is still talking with several potential investors in the brands. Full story...
Apr
27th

Opel talks will continue until May, Henderson says

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General Motors expects to continue talks with potential investors for its Opel/Vauxhall unit through early May, CEO Fritz Henderson said today. Henderson said GM is still talking with several potential investors in the brands. Full story...
Apr
27th

GM CEO says Opel talks will continue until May

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General Motors expects to continue talks with potential investors for its Opel/Vauxhall unit through early May, CEO Fritz Henderson said today. Henderson said GM is still talking with several potential investors in the brands. Full story...
Apr
27th

RESEARCH: Market projections for EVs and hybrids

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Electrical propulsion for vehicles and the rate at which it could displace the burning of fossil fuels remains a question subject to large uncertainties. In a new report exclusively produced for just-auto, John Voelcker assesses the outlook for hybrids and electric-drive vehicles out to 2015. In this extract from the published report he considers the issues surrounding volume projections. Full story...
Apr
27th

GM accelerates Saturn shutdown to this year

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General Motors plans to build the last Saturn vehicles this year, two years earlier than first envisioned, as it speeds up efforts to shed dealerships and divisions, CEO Fritz Henderson said today. Full story...
Apr
27th

White House task force welcomes GM bond exchange

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President Barack Obama's automakers task force today welcomed plans by General Motors for a bond exchange aimed at reducing the company's debt. Full story...
Apr
27th

SAFT CEO: U.S. and European gov’ts have a big role to play in electric cars

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Times may be tough for automotive suppliers, but not everyone's feeling the pain. French battery producer SAFT had a strong year in 2008, growing sales 4.9 percent, to 609 million euros. SAFT is starting to reap the rewards of a joint venture with U. Full story...
Apr
27th

GM launches last ditch bond exchange offer

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General Motors launched a last ditch effort to reduce its debt, offering to exchange about $27 billion of its notes for common stock to cut costs. Full story...
Apr
27th

US: Edmunds forecasts April market SAAR uptick

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Edmunds is forecasting that this month's US new vehicle market sales (including fleet sales) will hit 859,000 units, a 30.8% from April 2008. However, it also says that the seasonally adjusted annualised selling rate (SAAR) will rise to 10m units. Full story...
Apr
27th

BMW, Mercedes consider return to 4-bangers in U.S. market:

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Facing stricter fuel economy standards, BMW and Mercedes-Benz are considering bringing four-cylinder engines back to the United States. Full story...
Apr
27th

US: GM axing Pontiac, dealers, extra plant

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General Motors on Monday confirmed it would axe Pontiac and focus on just four core brands in the US - Chevrolet, Cadillac, Buick and GMC - with fewer models and "a more competitive level of marketing support per brand". Full story...
Apr
27th

Pontiac is done by end of 2010; Saturn shutdown accelerated:

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Pontiac--the brand famous for the GTO, the Firebird, the Star Chief and, most recently, the Solstice--is dead. Full story...
Apr
27th

Pontiac is done by end of 2010:

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Pontiac--the brand famous for the GTO, the Firebird, the Star Chief and most recently, the Solstice--is dead. Full story...
Apr
27th

Pontiac is done by end of 2010: Watch the live press conference here :

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Pontiac, the brand famous for the GTO, Firebird, Star Chief and most recently, the Solstice--is dead. Full story...
Apr
27th

Pontiac is done by end of 2010; Saturn phased out this year:

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Pontiac--the brand famous for the GTO, the Firebird, the Star Chief and most recently, the Solstice--is dead. Full story...
Apr
27th

BRAZIL: Partsmakers eye exports again

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Brazilian auto parts makers are eyeing boosting exports again after focusing on strong domestic demand. Full story...
Apr
27th

Racy new face for Octavia vRS

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Sharper look for sizzling Skoda now on sale - but prices remain unchanged


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Apr
27th

Ur quattro returns

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A5 Quattro Sport set to bring back magic of 80s Audis


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Apr
27th

GM dealerships will be cut by half; Pontiac will be phased out by 2010

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General Motors, speeding up its overhaul in a bid to survive, plans to shed half of its 6,200 U.S. dealerships by 2014 and phase out its Pontiac brand by next year. Full story...
Apr
27th

JAPAN: Cost cuts to boost Mitsubishi in 2009/10

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Mitsubishi Motors Corporation (MMC) posted net losses for the fiscal fourth quarter and year ended 31 March 2009 but forecast a return to profit in 2009/10. Full story...
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