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Jul
3rd

GM Canada will supply 300+ Malibu Hybrids for the Olympics!

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Don't miss the Vancouver Olympic Games if you want to catch a glimpse of the 2010 Chevrolet Malibu Hybrid! While General Motors is busy developing a "parallel"-type hybrid variant of this midsize sedan for the 2011 model year (rumor has it the car could also be a plug-in hybrid), the bankrupt automaker announced in June that the few 2010 models being produced would find their way into vehicle fleets across the continent. Full story...
Jul
2nd

US: Toyota plans production boost

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Toyota plans to increase production for the US market by about 65,000 vehicles after truck inventories dipped too low and demand showed signs of stabilising, executives have said. Full story...
Jul
2nd

JAPAN: Toyota denies Mercedes model share plan

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Toyota has denied a German magazine report that it was considering building derivatives of Mercedes-Benz's A-and B-class cars on its own platform to better utilise its European plants in the long term. Full story...
Jul
2nd

SOUTH KOREA: June volume up at Hyundai and Kia

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Hyundai Motor sales last month totalled 278,485 units vs 254,023 a year previously. Exports were down to 203,800 from 205,722 in June 2008, however. Full story...
Jul
2nd

2010 Jaguar XFR

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2010 Jaguar XFR
2010 Jaguar XFR - Jaguar Luxury Sedan Review - Automobile Magazine
The XFR is composed and comfortable over all types of road surfaces.

I can't say I ever thought our Four Seasons Jaguar XF Supercharged needed more power, but the XFR's extra 90 hp is an absolute hoot. The XF's superb chassis easily handles the extra power, and subtle differences in the interior and exterior details let enthusiasts know your XFR is something special.


Photo Gallery: 2010 Jaguar XFR - Jaguar Luxury Sedan Review - Automobile Magazine


Full story...
Jul
2nd

Audi’s Goodwood monument revealed

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Audi's 35-metre high structure will form the centre-piece for the Festival of Speed


Full story...
Jul
2nd

RUSSIA: Avtodiesel faces bankruptcy lawsuit

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Avtodiesel, the embattled Russian engine maker, is facing a lawsuit seeking its move into bankruptcy. The suit was filed by Alfa Bank with the Moscow Arbitration Court, according to local news reports. Full story...
Jul
2nd

GERMANY: Daimler chief holding firm on cost cuts

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Daimler cannot slow down its efforts to cut costs next year despite an expected improvement in markets, its chief executive has said. Full story...
Jul
2nd

GERMANY: Seat boss sees record German low in 2010

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The head of the Seat brand has warned that efforts by the German government to boost auto sales this year will have repercussions on the market's performance next year. Full story...
Jul
2nd

JAPAN: Toyota mulls Prius build at NUMMI

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Toyota has not ruled out keeping its NUMMI joint venture with General Motors in Fremont, California, going on its own, after GM pulls out, to produce the Prius hybrid there. Full story...
Jul
2nd

AMG makes a Mercedes-Benz E-class for the racing family man (or woman):

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Say you need a practical, roomy luxury sedan to use as a family car or for hauling business associates to big lunch meetings. Full story...
Jul
2nd

GERMANY/RUSSIA: BAIC ‘planning Opel bid’

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Reports suggest that Beijing Automotive Industry Holding Co (BAIC) may make a bid for Opel/Vauxhall. Full story...
Jul
2nd

RUSSIA: BMW to add X5 and X6 assembly in July

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BMW plans to start producing X5 and X6 sport utility vehicles (SUVs) at the Avtotor plant in the Russian city of Kaliningrad in July. Full story...
Jul
2nd

RUSSIA: AvtoVAZ swings to 2008 loss

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AvtoVAZ has posted a net loss of 24.662 billion roubles in 2008 against a net profit of 3.669 billion roubles in 2007, the firm has said in a statement. Full story...
Jul
2nd

US: Delphi expense offer disallowed in bankruptcy court

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A US bankruptcy court has refused Delphi permission to compensate private equity company Platinum Equity by up to $30m in expenses if its bid for the auto industry supplier is beaten. Full story...
Jul
2nd

GERMANY: New car sales rise continues

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New car sales continued to surge in Germany last month as volume rose 40% year on year to 427,000 units according to car makers' association VDIK. First half registrations were 26% ahead of 2008 at just over 2m units. Full story...
Jul
2nd

RUSSIA: GAZ to slash jobs

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GAZ, Russia's second-largest car producer, is to cut 7,000 jobs at its Nizhny Novgorod factory this month because of plummeting car sales, according to the Interfax news agency. Full story...
Jul
2nd

SOUTH KOREA: Court OKs Ssangyong to eject strikers

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Ssangyong Motor has won court approval to order the striking workers to leave its plant in Pyeongtaek, it said. Full story...
Jul
2nd

US: Lear set for Chapter 11 bankruptcy filing

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Vehicle seat specialist Lear is to become the latest US components company to file for Chapter 11 bankruptcy as the "fastest and most effective way" to reduce debt in the face of slumping global auto production. Full story...
Jul
2nd

MALAYSIA: Proton looks for Lotus boost at home

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Proton is showcasing Lotus cars to the Malaysian public for the first time since since it acquired the British-based company in 1996. Full story...
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