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Aug
3rd

SOUTH KOREA: Bankruptcy looms as Ssangyong dispute escalates

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Thousands of riot police laying siege to protesters at troubled SUV maker Ssangyong have sprayed liquid tear gas from a helicopter after talks to end a prolonged occupation by strikers collapsed. Full story...
Aug
3rd

U.S. will honor clunker rebates until Senate acts, DOT chief says:

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The Obama administration will fund the cash for clunkers program until the Senate decides whether to add $2 billion to the original $1 billion fund that is likely to be depleted this weekend, U.S. Transportation Secretary Ray LaHood said today. Full story...
Aug
3rd

RUSSIA: Automaker output starts and stops

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Volkswagen has resumed operations at its car plant in the Russian city of Kaluga after two weeks of summer holidays but GM-AvtoVAZ, which makes the Chevy Niva SUV at Togliatti, has suspended production this month. Moscow-based Avtoframos, controlled by Renault, has also suspended production for scheduled summer holidays from today until 24 August. Full story...
Aug
3rd

GERMANY: Chancellor told to lobby US over Opel

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German chancellor Angela Merkel has been urged to lobby the US government to support the Magna bid for Opel because it saves jobs. Full story...
Aug
3rd

GERMANY: Opel bidders and government to meet

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Magna International and RHJ International are scheduled to meet German government and General Motors officials on Tuesday to decide who takes over Opel, government sources have said. Full story...
Aug
3rd

This week’s mag

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In this week's collector's issue, we name the best new cars of 2009 in our exclusive New Car Awards. With honours awarded in 17 categories, plus five grand prizes up for grabs no corner of the UK's new vehicle market is left unexplored.


Full story...
Aug
3rd

RUSSIA: Toyota halts Camry output for holidays

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Toyota has halted Camry production at its assembly plant in St. Petersburg for scheduled summer holidays until 17 August, Toyota Motor Manufacturing Russia said on Monday. Full story...
Aug
3rd

GERMANY: Magna to axe over 3,000 Opel jobs

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Magna will cut 3,045 Opel jobs if it buys the automaker from General Motors, a German magazine said. Full story...
Aug
3rd

SPAIN: Subsidies stem car sales slide

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New car sales in Spain fell 11% year on year in July to 108,222 units according to the country's carmaker group ANFAC. Full story...
Aug
3rd

GERMANY/SOUTH KOREA: Bosch-Samsung to supply BMW batteries

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BMW has chosen Bosch's joint venture with Samsung SDI to supply lithium-ion battery cells for the carmaker's Megacity electric vehicle project due in 2011-2015. Full story...
Aug
3rd

Government schemes boost July car sales in France and Spain

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Government measures to boost demand for new cars supported European car sales in July, data published on Monday showed, with French sales rising 3.1 percent, while the scheme helped limit Spain's decline to 10.9 percent. Full story...
Aug
3rd

Government subsidies boost July car sales in France, Italy and Spain

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Government measures to boost demand for new cars supported European car sales in July, data showed on Monday, with French sales up 3.1 percent, Italian sales 6.16 percent higher and a slower decline in Spanish sales Full story...
Aug
3rd

Germany, GM to meet Opel bidders Tuesday, sources say

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German government officials and General Motors Co. representatives will meet the remaining two bidders for Opel on Tuesday, government sources said on Monday. Full story...
Aug
3rd

JAPAN: Nissan turns over its new Leaf EV

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After a series of media briefings and the unveiling of a prototype on the new platform, Nissan Motor has finally revealed its Leaf electric vehicle (EV), billing it "the world's first electric car designed for affordability and real-world requirements". Full story...
Aug
3rd

JAPAN: Nissan turns over new Leaf

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After a series of media briefings and the unveiling of a prototype on the new platform, Nissan Motor has finally revealed its Leaf electric vehicle (EV), billing it "the world's first electric car designed for affordability and real-world requirements". Full story...
Aug
3rd

Bosch JV to supply battery for BMW’s megacity electric car

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A joint venture between Bosch and Samsung SDI will supply lithium-ion battery cells for BMW's Megacity project, an electric vehicle due in the first half of the next decade. Full story...
Aug
3rd

Subsidies help to limit Spanish car sales decline to 10.9% in July

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Spanish car sales fell 10.9 percent in July compared with the same month a year ago, car manufacturers' association ANFAC said on Monday. New-car sales were 108,222 units in July compared with 96,706 units in June, when sales were 15. Full story...
Aug
3rd

Bosch JV to supply battery for BMW’s megacity electric car

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A joint venture between Bosch and Samsung SDI will supply lithium-ion battery cells for BMW's Megacity project, an electric vehicle due in the first half of the next decade. Full story...
Aug
3rd

Bosch JV to supply battery for BMW electric car

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A joint venture between Robert Bosch GmbH and Samsung SDI will supply lithium-ion battery cells for BMW's Megacity project, an electric vehicle due in the first half of the next decade. Full story...
Aug
3rd

Suzuki quarterly results ahead of plan; company keeps cautious forecasts

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Suzuki Motor posted an 80 percent drop in quarterly operating profit hit by a stronger yen and declining sales, and it kept its annual forecasts amid an uncertain outlook for global vehicle demand. Full story...
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