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May
8th

HUNGARY: Lexus launches loaded, low-CO2 RX hybrid

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The key selling point for Toyota's fully redesigned second generation Lexus RX450h SUV is a 23% fall in CO2 emissions from its predecessor's 192g/km to just 148g/km; paying CO2 tax at B or C-segment hatchback level for a medium-large, fully-loaded SUV is not at all bad. Full story...
May
8th

German states criticize Fiat’s Opel plans

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German regional governments said on Friday that Fiat still had not presented a convincing strategy to merge General Motors' Opel unit with Fiat's car business. Full story...
May
8th

German states criticize Marchionne’s plan to merge Fiat and Opel

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German regional governments said on Friday that Fiat still had not presented a convincing strategy to merge General Motors' Opel unit with Fiat's car business. Full story...
May
8th

A 75th birthday for the ’34 Ford:

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Two years ago, the hot-rodding world pulled out all the stops to celebrate the diamond jubilee of the iconic 1932 Ford, the hot-rodder's hot rod. Full story...
May
8th

GM throttles back on performance cars for 2010:

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It should not be a surprise, as General Motors scrambles to cut costs and cars sit unsold on dealers' lots, that the automaker is cutting high-performance versions of several vehicles for the 2010 model year. Full story...
May
8th

BELGIUM: EU automakers forced to issue certificates of conformity

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Automaker across the European Union (EU) will from next April have to issue comprehensive and detailed certificates of conformity with each new vehicle illustrating compliance with EU technical standards. Full story...
May
8th

US: Chrysler reduces DIP financing

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The US Treasury last night said Chrysler, which filed for Chapter 11 bankruptcy protection on 30 April, had now reduced the amount of debtor-in-possession financing to US$3.034bn from $3.340bn. Full story...
May
8th

UK: W. Europe car sales down 12% in April

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Figures released by JD Power Automotive Forecasting show that the West European car market fell by 12.3% year-on-year in April. However, the weak looking result was in part a result of fewer working days in the month of April this year (due to when Easter fell). Full story...
May
8th

AUSTRALIA: Automakers form EV study group

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The the Federal Chamber of Automotive Industries (FCAI), which represents manufacturers and importers of new vehicles, has taken steps to prepare for the introduction of plug-in electric and electric-hybrid vehicles into Australia. Full story...
May
8th

AUSTRALIA: Toyota sales chief thinks bottom reached

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Toyota Australia's sales chief thinks the new car market 'down under' is poised to improve through the rest of 2009, after hitting the bottom in April. Full story...
May
8th

Renault confirms Ghosn appointed as chairman

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PARIS (Reuters) -- Renault CEO Carlos Ghosn, has been appointed chairman of the French carmaker, in an anticipated management change. Full story...
May
8th

AUSTRALIA: April sales dip 24%

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Australian sales of passenger cars, SUVs and commercial vehicles fell 23.9% year on year to 63,965 units, official VFACTS data released by the Federal Chamber of Automotive Industries (FCAI) showed. Full story...
May
8th

CHINA: April car sales up 37% to new record

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Sales of passenger vehicles in China reportedly rose to a record 830,000 units in April as the market continued to benefit from government stimulus measures designed to boost car sales. Full story...
May
8th

PHILIPPINES: Vehicle sales down 9% in April

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Vehicle sales in the Philippines declined 9% in April according to industry sources. Full story...
May
8th

BRAZIL: New vehicle sales falter in April

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New car, truck and bus sales in Brazil dropped 13.6% month on month in April as consumer demand waned after four straight months of gains, national dealers' association Fenabrave said. Full story...
May
8th

UK: Scrappage incentives spur Nissan plant temp recruitment

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Government scrappage schemes operating in Europe, and planned for the UK from later this month, have prompted Nissan to recruit 150 manufacturing staff on fixed-term contracts from June for its Sunderland plant in north east England. Full story...
May
8th

SOUTH KOREA: Tax cuts stimulate car demand

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Industry officials in Korea have said there are signs that the tax cut for cars that took effect on May 1 is stimulating market demand. Full story...
May
8th

Dacia debuts Sandero Stepway in Barcelona

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Low-cost brand Dacia has chosen Barcelona to take the sheet of its new Sandero.


Full story...
May
8th

THAILAND: Toyota rehires workers on brighter outlook

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Toyota Motor Thailand will reportedly rehire 500 workers at its Gateway plant in Chachoengsao to increase production of its passenger cars for the domestic market. Full story...
May
8th

Daimler CEO wants broader cooperation with BMW

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Daimler would like to expand plans for cooperation "as equal partners" with BMW beyond an agreement to bundle purchasing of components, said CEO Dieter Zetsche. Full story...
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