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Jul
28th

SOUTH KOREA: LG wins Mercedes display screen supply deal

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LG Display in South Korea has agreed a deal to supply LED-lit LCD panels worth "several tens of millions of dollars" to Continental. Full story...
Jul
28th

JAPAN: Toyota sales stay ahead of GM

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Toyota Motor group worldwide vehicle sales for the first half of 2009 fell 26% year on year to about 3,564,000 units, but it still beat General Motors to remain the largest automaker - the US rival shifted about 3,552,700 units during the same period. Full story...
Jul
28th

Toyota could build Yaris-based hybrid in France

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Toyota could build a Yaris-based hybrid car in France for sale in Europe, Japan's Asahi newspaper reported. Toyota plans to launch a hybrid compact for about 1. Full story...
Jul
28th

Toyota could build Yaris-based hybrid in France, report says

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Toyota could build a Yaris-based hybrid car in France for sale in Europe, Japan's Asahi newspaper reported. Toyota plans to launch a hybrid compact for about 1. Full story...
Jul
28th

Toyota could build Yaris-based hybrid in France, report says

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Toyota could build a Yaris-based hybrid car in France for sale in Europe, Japan's Asahi newspaper reported. Toyota plans to launch a hybrid compact for about 1. Full story...
Jul
28th

Magna improves its offer for Opel, gov’t source says

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Magna International has increased the amount of upfront capital it would inject into its offer for Opel, a German government source said on Tuesday. The revised bid leaves the total proposed investment at some 500 million euros ($713. Full story...
Jul
28th

Magna improves bid for Opel, source says

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Magna International has increased the amount of upfront capital it would inject into its offer for Opel, a German government source said today. The revised bid leaves the total proposed investment at some 500 million euros ($713. Full story...
Jul
28th

Magna improves its offer for Opel, German government source says

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Magna International has increased the amount of upfront capital it would inject into its offer for Opel, a German government source said on Tuesday. The revised bid leaves the total proposed investment at some 500 million euros ($713. Full story...
Jul
28th

Magna improves its offer for Opel, German gov’t source says

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Magna International has improved its offer for Opel, a German government source said on Tuesday. Full story...
Jul
28th

GERMANY: Schaeffler gets agreement on cost cuts

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The Schaeffler group has reached an agreement with employee representatives about its planned EUR250m (US$355.5m) cost cutting programme, the Frankfurter Allgemeine Zeitung reported. Full story...
Jul
28th

‘Guzzler’ incentives won’t be subject to taxes, NADA spokesman says

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U.S. incentives paid to dealers under the cash-for-guzzlers program won't be treated as taxable income, a spokesman for the National Automobile Dealers Association said. Full story...
Jul
28th

UAW urges push to save Toyota plant in California

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The UAW urged its members to contact U.S. lawmakers to try to persuade Toyota Motor Corp. to keep operating a California assembly plant that could be targeted for closure. Full story...
Jul
28th

Delphi favors lenders’ bid over Platinum’s; GM approves

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A group of hedge funds that provided bankruptcy funding to Delphi on Monday won a high-stakes auction to take control of the auto parts supplier, scuttling a rival deal brokered by the Obama administration. Full story...
Jul
28th

It’s not its name that makes the Kia Forte Koup a car to remember:

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Is it possible that Kia's new Forte Koup can single-handedly reignite an auto industry's dilapidated sales? Full story...
Jul
28th

MotoGP 2010 Provisional Schedule

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The FIM (Fédération Internationale de Motocyclisme) has announced a provisional MotoGP calendar for 2010. Full story...
Jul
28th

Ferrari’s innovative new V8 will be unveiled at the next Frankfurt Motor Show

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While it's true that every Ferrari is innovative by definition, it's equally true that in the course of the rancing Horse's history, certain cars have marked a genuine departure from the current range. This is very much the case with the Ferrari 458 Italia, which is a massive leap forward from the company's previous midrear engined sports cars. Full story...
Jul
28th

F1: Felipe Massa’s eye undamaged, personal doctor says

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Felipe Massa's personal doctor Dino Altman has countered reports the injured Ferrari driver's left eye was damaged in his crash during Hungarian GP qualifying. Full story...
Jul
28th

Smith First Electric Trucks Have Been Delivered For Major US Corporation

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Four major US corporations and two utility companies took delivery of the Smith Newton, the largest road-going electric truck in North America. Coca-Cola, Staples, Frito-Lay, AT&T, Pacific Gas and Electric Company (PG&E) and Kansas City Power & Light (KCP&L) are the first Newton customers in the USA. Full story...
Jul
28th

F1: Schumacher’s manager rules out seeing Michael in a Ferrari in Valencia

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Willi Weber, Michael Schumacher's long time business manager has moved quickly to deny speculation that the German driver could make a shock return to Formula 1 in replacement for the injured Felipe Massa. Full story...
Jul
28th

F1: Jenson Button feels the intense pressure

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British Formula 1 driver Jenson Button has likened his championship position to being the wearer of the yellow jersey with tired legs at the foot of a mountain climb. Full story...
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