Auto News 5

Saab might be a company in trouble, but GM is pushing ahead with its all-new flagship

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Ford Motor Co. will receive nearly $6 billion in U.S. government loans to spur development of fuel efficient vehicles, the U.S. Energy Department said today. Nissan also is getting a $1. Full story...

The U.S. government plans to disclose that Ford Motor Co., Tesla Motors Inc. and Nissan Motor Co. Full story...

Billionaire investor Wilbur Ross' International Automotive Components Group expanded its global automotive carpets and acoustic parts business by purchasing key pieces of insolvent German supplier Stankiewicz. Full story...

With so many dealerships closing, Mini USA says it has become a lot easier to find prime sites for new stores. Full story...

Akio Toyoda was approved as the new president of Toyota Motor Corp. today as part of a top management shuffle that elevates a veteran executive to head North American sales. Full story...

Porsche Automobil Holding SE could be running out of options to repair its finances, with Berlin set to reject its request for a state loan and a purported stake sale to Daimler AG unlikely, analysts said on Monday. Full story...

Mini will add 17 U.S. stores in the next 18 months, mostly in new markets, the company said. Full story...

International Automotive Components Group said today it expanded its global automotive carpets and acoustic parts business by purchasing key pieces of insolvent German supplier Stankiewicz. Full story...

With so many dealerships closing, Mini USA says it has become a lot easier to find prime sites for new stores. Full story...

International Automotive Components Group said Monday it expanded its global automotive carpets and acoustic parts business by purchasing key pieces of insolvent German supplier Stankiewicz. Full story...

FIA president Max Mosley may have dropped the FIA's legal threat against Ferrari and FOTA, but the famous Italian team is pressing ahead with its own new action. Full story...

IRVINE, California, - Quantum Fuel Systems Technologies Worldwide, Inc. today announced that its advanced gaseous fuel injectors, fuel metering components, lightweight fuel storage system and powertrain engineering expertise successfully supported Jesse James in shattering the land speed record for a hydrogen powered vehicle. Full story...

Ford Motor Company's Blueprint for Sustainability includes the introduction of a range of global environmental technologies to provide more fuel-efficient vehicles that emit fewer greenhouse gases without compromising customer expectations for safety, interior room or performance. Full story...

China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that its subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), is developing two new alternative energy diesel engines. One of them is a new dual fuel engine that utilizes a natural gas and diesel fuel mix which GYMCL is jointly developing with a Shenzhen-based company specializing in dual fuel technology. Full story...

WESTLAKE VILLAGE, Calif. -- Honda ranks highest among automotive manufacturer Web sites for usefulness in new-vehicle shopping for a second consecutive time, according to the J.D. Power and Associates 2009 Manufacturer Web Site Evaluation Study(SM) (MWES)-Wave 2 released today. Full story...

Nissan North America, Inc. (NNA) today said it has been conditionally approved by the U.S. Department of Energy for a $1.6 billion loan to modify its Smyrna, Tenn., manufacturing plant to produce zero-emissions vehicles and state-of-the-art lithium-ion battery packs to power them. Full story...

High hopes that a new venue will reinstate the French grand prix have taken yet another hit. Full story...

Italian Formula team Toro Rosso is expecting to spend at least one more grand prix at the very tail end of the formula one grid. Full story...

Toyota Motor Corp. confirmed Akio Toyoda as its new president on Tuesday, promoting the grandson of the company's founder to guide the world's No. 1 automaker through the worst downturn in its history. Full story...