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Jul
17th

SOUTH KOREA: Kia launches first hybrid electric vehicle

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Kia Motors has launched its first commercialised hybrid electric vehicle (HEV), the Forte Liquid Petroleum Injection (LPI) Hybrid, on its domestic market of South Korea. Full story...
Jul
17th

Lutz deflates talk of new Chevy Caprice:

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Well, that was fast. Full story...
Jul
17th

Ironstone concours continues tradition of cars, giving in Northern California :

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Sixteen years ago, a California farming couple with an interest in classic cars decided to host a concours to benefit local children's groups. Full story...
Jul
17th

FRANCE: Tensions rise as talks fail to quell explosion threat

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French auto workers are continuing to threaten to blow up their car parts factory after talks between their union and the car maker Renault fell through last night. Full story...
Jul
17th

PHILIPPINES: Goodyear to close plant

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Goodyear has announced that it will close its tyre plant in the Philippines as part of a strategy to address uncompetitive manufacturing capacity globally. Full story...
Jul
17th

JAPAN: Eco-friendly cars make up 55% market – JAMA

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The chairman of the Japan Automobile Manufacturers Association (JAMA) has said that fuel-efficient cars eligible for government tax breaks made up more than half of new domestic car sales in June. Full story...
Jul
17th

Wiedeking to be offered 100M euros to quit, report says

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Porsche CEO Wendelin Wiedeking could be offered a 100 million euro payoff to quit the sports car maker to make way for a merger with Volkswagen, Germany's Sueddeutsche Zeitung said. Full story...
Jul
17th

THAILAND: June vehicle sales down 13.4%

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New vehicle sales in Thailand fell by 13.4% year-on-year in June to 43,402 units, according to data released by distributor Tri Petch Isuzu. Full story...
Jul
17th

US: ‘Pay-as-you-drive’ car insurance in California unveiled

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Commissioner Poizner of California's Department of Insurance has proposed revised regulations that will give insurance companies the ability to offer consumers coverage plans that are paid for by the mile. Full story...
Jul
17th

US: Ford announces management changes

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Ford has announced the retirement of two senior executives and a series of what it calls 'key leadership changes' that further strengthen its management team and support the company's "One Ford" transformation plan. Full story...
Jul
17th

GERMANY: Opel decision expected next week

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GM is likely to pick a buyer for Opel/Vauxhall next week according to several media reports. In other developments, the German Chancellor expressed support for Magna's bid, while RHJ said it would keep German plants open and its CEO dampened GM 'buy-back clause' speculation. Full story...
Jul
17th

Hyundai to invest 130 million euros in Czech plant

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Hyundai Motor Co. will invest 130 million euros ($183.4 million) in its Czech unit over the next two years, a spokesman said on Friday. The money will be used to boost transmission production more than 66 percent at Hynundai's plant in Nosovice. Full story...
Jul
17th

US: GKN claims ‘breakthrough’ technology saves fuel

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GKN Driveline says that its 'breakthrough' countertrack constant velocity joint (CVJ) technology is exciting the interest of vehicle manufacturers in Europe, North America and Asia because of its fuel saving potential. Full story...
Jul
17th

UK: SMMT calls for flexibility in AAP funding

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The Society of Motor Manufacturers and Traders (SMMT) has backed the findings of a Business and Enterprise Select Committee inquiry that expresses 'serious concern' about the effectiveness of the UK government's 'Automotive Assistance Programme' (AAP). Full story...
Jul
17th

Bugatti Bordeaux

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Updated teaser shows more detail on Bugatti four-seater


Full story...
Jul
17th

Renault first-half vehicle sales drop in line with market

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Renault said its vehicle sales fell 16.5 percent in the first half, matching the rate of decline in the overall market, though its business managed to generate cash. Its sales of passenger car sales fell 13. Full story...
Jul
17th

Renault first-half vehicle sales drop in line with global market

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Renault said its vehicle sales fell 16.5 percent in the first half, matching the rate of decline in the overall market, though its business managed to generate cash. Its passenger-car sales fell 13. Full story...
Jul
17th

Renault H1 sales drop in line with global market

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Renault said its vehicle sales fell 16.5 percent in the first half, matching the rate of decline in the overall market, though its business managed to generate cash. Its passenger-car sales fell 13. Full story...
Jul
17th

RHJ offers 275 million euros for Opel stake

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Belgian financial investor RHJ International offered 275 million euros ($387.6 million) for a 50.1 percent stake in General Motors' Opel business in a last-ditch effort to beat out rival suitors. Full story...
Jul
17th

RHJ offers 275 million euros for Opel majority stake

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Belgian financial investor RHJ International offered 275 million euros ($387.6 million) for a 50.1 percent stake in General Motors' Opel business in a last-ditch effort to beat rival suitors. Full story...
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