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Aug
7th

Obama signs cash for clunkers extension into law

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U.S. President Barack Obama has signed into law a bill extending the "cash for clunkers" auto sales incentive program, the White House said today. The move came after the U.S. Senate approved the $2 billion extension with a 60-37 vote last night. Full story...
Aug
7th

More luxury for Panamera

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Porsche super-saloon gets choice of new interior options packs and kits to add more luxury or technology
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Aug
7th

Transit ST’s all white now

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Ford's SportVan is all white after fantastic sales
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Aug
7th

MINI set to take on TT!

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Hard-top version of Speedster gets green light for production and will be named after Sixties racing team Broadspeed
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Aug
7th

Slimline MX-5 trips the light fantastic

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Roadster celebrates 20 years of the MX-5 with pared-down styling showcasing latest technology and design
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Aug
7th

Opel unions want Merkel to push GM toward deal with Magna

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Opel's top labor leader Klaus Franz wants German Chancellor Angela Merkel and her foreign minister to intervene personally in stalled talks between Magna International Inc. and General Motors Co. and push for progress, he told Reuters today. Full story...
Aug
7th

Opel unions want Merkel to push GM toward deal with Magna

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Opel's top labor leader Klaus Franz wants German Chancellor Angela Merkel and her foreign minister to intervene personally in stalled talks between Magna International Inc. and General Motors Co. and push for progress, he told Reuters on Friday. Full story...
Aug
7th

CANADA: Magna plummets to Q2, H1 losses after sales fall

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Opel bidder Magna International on Friday reported an operating loss of $237m (down $556m) and a net loss of $205m (off $432m) for the second quarter of 2009 after vehicle production declined 49% year on year to 1.8m units in North America and 28% to 3.1m units in Europe. Full story...
Aug
7th

Toyota says it doesn’t need fed grants now

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Toyota Motor Corp. did not seek U.S. government electric-vehicle or battery-making grants because so far it has no plans to bring that work to the United States from Japan, the automaker's top lobbyist said yesterday. Full story...
Aug
7th

Toyota: We don’t need fed grants now

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Toyota Motor Corp. did not seek U.S. government electric-vehicle or battery-making grants because so far it has no plans to bring that work to the United States from Japan, the automaker's top lobbyist said yesterday. Full story...
Aug
7th

New Porsche 911 Turbo gets a bigger engine and cranks out 500 hp:

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There are plenty of good reasons to go to the Frankfurt motor show in September, but this seals the deal--Porsche will use the show for the rollout of the new 911 Turbo in coupe and convertible versions. Full story...
Aug
7th

SWEDEN: Volvo sale likely this year says minister

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Ford is likely to complete the sale of its Volvo Cars unit in the latter part of this year according to Swedish industry ministry state secretary Joeran Haegglund. Full story...
Aug
7th

Mitsubishi sets prices for its five-door Lancer Sportback models:

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The five-door Mitsubishi Lancer Sportback rolls into showrooms with a base price of just less than $20,000. Stepping up to the high-performance Ralliart version pushes the price to near $28,000. Full story...
Aug
7th

SOUTH KOREA: Ssangyong siege settled

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Unionised Ssangyong Motor workers finally ended their 77-day strike and emerged from a barricaded paint shop yesterday after police action to dislodge them turned the factory into a war zone. Full story...
Aug
7th

GERMANY: Mercedes Cars sales dip in July

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Daimler's Mercedes-Benz Cars unit sold 93,900 vehicles worldwide last month, down 11% year on year. Full story...
Aug
7th

Magna posts Q2 loss on weak auto market

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Magna International Inc., one of the two bidders vying to buy Opel from General Motors, on Friday reported a second quarter loss, hurt by steep declines in global auto production. Full story...
Aug
7th

Magna posts Q2 loss on weak auto market

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Magna International Inc., one of the two bidders vying to buy Opel from General Motors, on Friday reported a second quarter loss, hurt by steep declines in global auto production. Full story...
Aug
7th

Magna posts worse-than-expected Q2 loss on weak auto market

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Magna International Inc., one of the two bidders negotiating with General Motors Co. to get German subsidiary Opel, on Friday reported a second quarter loss, hurt by steep declines in global auto production. Full story...
Aug
7th

Magna posts worse-than-expected Q2 loss

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Magna International Inc., one of the two bidders negotiating with General Motors Co. to get German subsidiary Opel, on Friday reported a second quarter loss, hurt by steep declines in global auto production. Full story...
Aug
7th

Magna posts worse-than-expected Q2 loss on weak auto market

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Magna International Inc., one of the two bidders negotiating with General Motors Co. to get German subsidiary Opel, today reported a second quarter loss, hurt by steep declines in global auto production. Full story...
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