Jun
17th
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The health of the supply base is now the auto industry's top concern, Ford Motor Co. CEO Alan Mulally said today. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Jun
17th
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General Motors is halting its assembly lines in San Luis Potosi, Mexico, for seven weeks from 1 July to 21 August due to weak demand for the Chevrolet Aveo and Pontiac G3 models the plant builds. Full story...
Jun
17th
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Daimler will extend short-time work into the third quarter of 2009. Full story...
Jun
17th
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Hyundai Motor union leader Yoon Hae-mo has formally resigned as he said he would do earlier in the week but is not leaving immediately. Full story...
Jun
17th
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The Fiat-Chrysler deal and new fuel economy rules could boost sales for the world's largest auto supplier, the company's chairman said today. Full story...
Jun
17th
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The US government has refused a request by autoparts makers for up to US$10bn in guaranteed loan aid. Full story...
Jun
17th
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Car production at GM Uzbekistan, a joint venture between GM and Uzbek carmaker Uzavtoprom, was nearly flat on the year in January-May, increasing 0.1% to 78,067 units in the period, the state statistics committee has reported. Full story...
Jun
17th
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The U.S. government's decision to deny additional aid for struggling automotive suppliers will mean more bankruptcies in the cash-strapped sector, Dura Automotive Systems Inc. CEO Tim Leuliette said today. Full story...
Jun
17th
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There was further good news for Saab today when it emerged that the embattled automaker had won a key court decision that will see its debt cut considerably. Full story...
Jun
17th
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Fiat has launched its Grande Punto model on the Indian market and is eyeing much higher market share. Full story...
Jun
17th
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A federal judge has allowed bankrupt Delphi to use $250m in funding from General Motors for support until it can emerge from bankruptcy. Full story...
Jun
17th
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There's only one place in the world where the Bugatti Veyron's full potential can be reached. But bring money - and cojones.
My goal was simple: I wanted to take the world's fastest production car, the Bugatti Veyron, to its top speed of 253 mph. After a year and a half of planning with Bugatti's staff and some heartbreaking postponements, I finally was to get my chance.
Photo Gallery: Bugatti Veyron 16.4 Top Speed - World's Fastest Production Car - Automobile Magazine
Jun
17th
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The vehicle market in South Korea has seen its best month since January 2008, according to figures released this week. Full story...
Jun
17th
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Kia Motors has reported double digit sales growth as the domestic market leapt in May thanks in part to a tax incentive introduced by the government. Full story...
Jun
17th
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The U.S. House on Tuesday narrowly passed a scaled-back version of a bill that would give consumers cash vouchers of between $3,500 and $4,500 if they trade in their cars for newer, more fuel-efficient vehicles. Full story...
Jun
17th
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French banking group Societe Generale (SG) will provide an EUR171.5m 7-year loan to AvtoVAZ, the company said in a statement today. Full story...
Jun
17th
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Audi is expanding the A5 lineup in Europe with a Sportback version--we're talking a four-door with a coupelike roofline. It will join the coupe and convertible A5s now on sale. Full story...
Jun
17th
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Industrial troubles at Ssangyong are continuing with little sign of immediate resolution. Full story...
Jun
17th
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Christian von Koenigsegg, founder of the sports car maker that plans to buy Saab Automobile, said on Wednesday that Saab's cash flow goals were "fairly reasonable" but hinged on economic conditions. Full story...
Jun
17th
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The 40th Anniversary 2008 Mustang Cobra Jet, announced about a year ago, has been such a huge success for Ford Racing that the company will build a 2010 model, available later this year. Full story...