It is unlikely that Porsche's former CEO will actually face court action over insider trading with VW shares, according to observers in Germany.
Full story...
General Motors India will miss its 2010 deadline of a 10% slice of the Indian car market, the Press Trust of India reported, citing president and managing director Karl Slym.
Full story...
Maruti Suzuki India (MSI) on Monday said it would decide whether to import the new 'luxury' Kizashi sedan to India within the next two years.
Full story...
Maruti Suzuki India plans to increase its focus on exports over the next few years, livemint.com reported, citing company chairman, RC Bhargava.
Full story...
Toyota is to recall 688,314 Camry and other sedans made at its two China joint ventures from Tuesday, its largest recall in the country, to fix faulty electric window switches.
Full story...
Ford doesn't plan, at least initially, to get into the lithium-ion battery business, executive chairman Bill Ford has said.
Full story...
Chinese battery and electric automaker BYD reportedly has set up a plant to mass produce lithium batteries for its electric cars in Huizhou, south China's Guangdong Province.
Full story...
As many as 50,000 jobs in California are at stake if Toyota decides to close its NUMMI plant in Fremont after GM earlier announced plans to exit the joint venture, a pressure group claimed on Monday.
Full story...
In another sign of growing interest in Pakistan's car market potential, a senior Toyota executive has described the country as 'one of the most promising'.
Full story...
To celebrate the success of the scrappage scheme, especially in London, Vauxhall covers an Astra in £2,000 of loose change
Full story...
Toyota is reportedly planning to produce low-priced cars for emerging markets in China and Thailand starting in 2012.
Full story...
General Motors' advisers are recommending its board consider spurning a German-backed sale of the Opel unit to retain a bigger presence in Europe and Russia, a person familiar with the discussions was quoted as saying on Monday.
Full story...
BorgWarner on Monday said it would supply turbochargers and EGR valves to Chinese automaker FAW Group from 2010.
Full story...
Shares of Ford's Turkish unit, Ford Otomotiv Sanayi, surged to the highest in more than a year in Istanbul trading after Hurriyet newspaper said the company would start making the Transit van from 2012.
Full story...
Volkswagen has reached an agreement with a workers' union at its Puebla plant in Mexico to end a strike that began last week.
Full story...
A shake out in the automotive supplier industry caused by the economic crisis will lead to good news for some businesses, according to a leading management consulting firm which said European and Chinese companies dominate a list of more than 350 automotive suppliers likely to emerge as winners in the global consolidation of the sector.
Full story...