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Apr
21st

Shareholder launches buyout bid for Autobytel

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Autobytel Inc., the third-party lead generator for auto dealers and manufacturers, said today it has received an unsolicited buyout bid from software firm Trilogy Enterprises Inc. Trilogy already owns 7. Full story...
Apr
21st

Toyota sets 2010 Prius price at $22,750:

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The redesigned 2010 Prius hybrid goes on sale in late May at a base price of $22,750, including freight. Later this year, a stripped-down base model will go on sale for $21,750, including shipping. Full story...
Apr
21st

Is the V8 a dying breed? Auto engineers expect more turbos, smaller engines:

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The V8 engine, a symbol of power and prestige for more than a century, is looking more and more like an endangered species. Full story...
Apr
21st

Chrysler lenders propose equity swap terms

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Chrysler LLC's lenders have offered to take equity in a restructured automaker allied with Fiat SpA in exchange for writing off about 35 percent of the $7 billion they are owed, according to people with knowledge of the closed-door talks. Full story...
Apr
21st

AVL will open hybrid battery lab in Michigan

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The shift to electrified vehicles has prompted AVL Powertrain Engineering Inc. to open a battery lab in its Ann Arbor, Mich., tech center. AVL plans to open the lab this spring. Full story...
Apr
21st

Is the V-8 a dying breed?

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The V-8 engine, a symbol of power and prestige for nearly a century, is looking more and more like an endangered species. Full story...
Apr
21st

Toyota prices 2010 Prius at $22,750

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The redesigned 2010 Toyota Prius hybrid goes on sale in late May at a base price of $22,750, including freight. Later this year, a stripped-down base model will go on sale for $21,750, including shipping. Full story...
Apr
21st

Toyota prices Prius at $22,750, above rival Honda

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The redesigned 2010 Toyota Prius hybrid goes on sale in the United States in late May with a base price of $22,750, including freight. The figure is above Honda's new Insight hybrid, which went on sale last month listing at a base of $20,470. Full story...
Apr
21st

Italian leaders back Fiat-Chrysler alliance

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Italy Prime Minister Silvio Berlusconi said today he backs a possible Fiat-Chrysler alliance. Full story...
Apr
21st

2009 Honda Fit Sport – Four Seasons Update – April 2009

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2009 Honda Fit Sport - Four Seasons Update - April 2009
2009 Honda Fit Sport - April 2009 Four Seasons Update Review - Automobile Magazine
Is it possible to get safety, utility, value, fuel economy, and perfect driving dynamics in one package? No - although our Four Seasons Honda Fit comes close.

Months in fleet: Three
Miles to date: 5,564


Photo Gallery: 2009 Honda Fit Sport - April 2009 Four Seasons Update Review - Automobile Magazine


Full story...
Apr
21st

Conti French workers trash building over layoffs

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Workers from a Continental tire factory in France attacked a local government building on Tuesday after learning that an attempt to block the planned closure of their plant in court had failed, a lawyer and a union official said. Full story...
Apr
21st

Conti workers trash French gov’t building over layoffs

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Workers from a Continental tire factory in France attacked a local government building on Tuesday after learning that an attempt to block the planned closure of their plant in court had failed, a lawyer and a union official said. Full story...
Apr
21st

China losing luster as export base for Honda

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Honda Motor Co., one of the few automakers shipping Chinese-made cars to Western markets, is loosing its enthusiasm for China as an export base. Full story...
Apr
21st

Nissan cool on small hybrids

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Nissan Motor Co., a late comer to the hybrid-vehicle race, won't follow rivals Honda and Toyota in mounting the gasoline-electric drivetrains on small cars. Full story...
Apr
21st

NEWS BRAKE: Tuesday, April 21:

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In today's News Brake: A very rare Ferrari goes on the auction block, and we take a spin around the Shanghai motor show ... But Wait, There's More! Full story...
Apr
21st

US: Johnson Controls swings to $193m loss

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Johnson Controls has announced a big swing to loss on the back of lower production volumes and restructuring charges. Full story...
Apr
21st

SWEDEN: Volvo recalling 20,000 cars in Europe

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Volvo Cars is to recall over 20,000 vehicles across Europe to check for faulty cooling fans. Full story...
Apr
21st

RUSSIA: MMK, AvtoVAZ sign deal on cooperation

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Russia's Magnitogorsk Iron and Steel Works, or MMK, and Russia's largest carmaker AvtoVAZ have signed a long-term agreement on cooperation and partnership, MMK said in a statement Tuesday. Full story...
Apr
21st

Daimler held talks with China wealth fund, Zetsche says

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Daimler has held talks with Chinese sovereign wealth fund CIC over a possible investment by Beijing, CEO Dieter Zetsche told the Frankfurter Allgemeine Zeitung newspaper. Full story...
Apr
21st

Daimler held talks with China wealth fund

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Daimler has held talks with Chinese sovereign wealth fund CIC over a possible investment by Beijing, CEO Dieter Zetsche told the Frankfurter Allgemeine Zeitung newspaper. Full story...
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