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Aug
6th

The Equualizer: We drive the 2011 Hyundai Equus :

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Hyundai Motor America CEO John Krafcik is by all indications a brilliant car executive. Full story...
Aug
6th

The Equualizer: We drive the 2011 Hyundai Equus luxury sedan:

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Hyundai Motor America CEO John Krafcik is by all indications a brilliant car executive. Full story...
Aug
6th

GM sees little progress in talks over Magna’s bid for Opel

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General Motors Co. says it has significant unresolved issues with Opel bidder Magna International including concerns over intellectual property, product development and Magna's plans for Opel in Russia. Full story...
Aug
6th

GM sees little progress during talks over Magna’s bid for Opel

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General Motors Co. says it has significant unresolved issues with Opel bidder Magna International including concerns over intellectual property, product development and Magna's plans for Opel in Russia. Full story...
Aug
6th

GM-Magna have tough issues to fix in Opel talks

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General Motors Co. says it has significant unresolved issues with Opel bidder Magna International including concerns over intellectual property, product development and Magna's plans for Opel in Russia. Full story...
Aug
6th

Toyota alarms agencies with plan to launch marketing companies

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Toyota Motor Corp. is in damage-control mode after an announcement suggesting the carmaker will bring its more than $1 billion global advertising account in-house prompted confusion at its U.S. ad agencies. Full story...
Aug
6th

US: GM seen profitable by 2011

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General Motors could return to profit as early as 2011 after sharply reducing costs and debt through its recent bankruptcy restructuring, a Deutsche Bank analyst told an auto industry conference in Michigan. Full story...
Aug
6th

Nissan EV retailing starts next year in five markets

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Just days after pulling the wraps off of its prototype Leaf electric vehicle in Japan, Nissan Motor Co. says it has committed to an early launch of 5,000 sales in the United States, starting late next year. Full story...
Aug
6th

US: Restructured Dana breaks even in second quarter

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Dana Holding on Thursday said it had achieved break even net income in the second quarter of 2009 despite a 49% year on year sales fall. Full story...
Aug
6th

Dana quarterly loss narrows on cost cuts

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Supplier Dana Holding Corp. said its net loss narrowed in the second quarter as cost-cutting countered the impact of steep production cuts by its automaker customers. Full story...
Aug
6th

AvtoVAZ to keep 25% to 30% Russia market share

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Russia's biggest carmaker, AvtoVAZ, will retain a 25 percent to 30 percent share of the Russian car market this year despite a reduction in sales, the head of one of the carmaker's biggest shareholders said on Thursday. Full story...
Aug
6th

Fiat approved to buy Bertone coachbuilding business

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Fiat S.p.A.'s bid for Carrozzeria Bertone S.p.A. was approved by Italian Industry Minister Claudio Scajola Thursday. Fiat will invest 150 million euros ($215. Full story...
Aug
6th

UK [updated 13:30]: Sales up for first time in over a year

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New car sales in the UK rose 2.4% year on year in July, the first gain since April 2008, as consumers took advantage of the government's scrappage incentive plan. Full story...
Aug
6th

SOUTH KOREA: Agreement ends Ssangyong occupation at last

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Strikers have agreed to end their occupation of the Ssangyong plant in Pyeongtaek, South Korea, which has sparked violent clashes. Full story...
Aug
6th

SWEDEN: Geely will seek Swedish Volvo investor

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China's Geely Automotive Holdings wants to buy a majority stake in Volvo Cars together with an unidentified Swedish investor while allowing Ford to keep a stake in its Swedish affiliate, the Dagens Industri newspaper reported. Full story...
Aug
6th

MEXICO: Car production to decline 30% says association

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Mexico's auto production is expected to drop 30% this year 2009 as US demand slumps, the president of the Mexican automobile industry association (AMIA) said. Full story...
Aug
6th

US: Johnson Controls wins $299m battery grant

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The United States Department of Energy has awarded Johnson Controls a US$299m grant to build US manufacturing capacity for hybrid and electric vehicle batteries. Full story...
Aug
6th

USA: Toyota plans “affordable” sports car

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Toyota Motor new motor racing enthusiast chief executive officer Akio Toyoda plants to fast-track a new, "affordable" sports car. Full story...
Aug
6th

JAPAN: Prius ranks top of Japanese domestic market

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Local industry figures have ranked Toyota's Prius brand the best selling vehicle in Japan in July, the second straight month it has topped the list, as environmentally friendly cars continue to gain a foothold among the country's best-selling models. Full story...
Aug
6th

JAPAN: Prius is top seller again

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Toyota's Prius was again the best selling vehicle in Japan in July, the second straight month it has topped the chart, as environment friendly cars continue making gains. Full story...
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