Auto News 5

Hong Kong listed BYD's share price has risen on speculation that US billionaire investor Warren Buffett intends to raise his stake in the company. Full story...

Porsche Automobile Holding faces a fresh probe into insider trading charges linked to its failed attempt to take over Volkswagen, a prosecutor's spokesman has said. Full story...

Tata Motors plans to raise at least GBP100m (US$162m) for its UK car-makers Jaguar and Land Rover, according to the Financial Times, citing Tata vice-chairman Ravi Kant. Full story...

Fiat's component unit Magneti Marelli has signed an agreement with FAAM to develop, produce and sell lithium batteries, the automaker said. Full story...

Chinese carmaker Geely is the only firm to have submitted a 'concrete' bid so far for Ford's up-for-sale Volvo Cars unit, according to Swedish business newspaper Dagens Industri. Full story...

Ford expects to report a rise in US vehicle sales for August and its top sales analyst suggested the industry might post its first monthly year on year rise since October 2007. Full story...

Japanese domestic production of cars, trucks and buses fell 31.9% in July from a year earlier to 742,284 units for the 10th straight month of decline, the Japan Automobile Manufacturers Association said. Full story...

Official photos of the Korean Mondeo rival leak onto the web

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New vehicle sales in Japan have risen for the first time in 13 months. Full story...

The European Union has reminded the German government that any state aid for GM's Opel subsidiary could not be conditional on saving German jobs. Full story...

Ford's Zafira rival spied ahead of its Frankfurt debut this month

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Best-selling crossover gets first major facelift since 2007 launch

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Performance Car of the Year, BMW's Frankfurt supercar, Ferrari 458 hits the road, Lambo's next Murcielago Full story...

Slumping sales of Jaguars and Land Rovers saw owner Tata Motors post a 3.3bn rupee (US$68.4m) consolidated loss for the June quarter against year-ago profits of 7.2bn rupees. Year-ago numbers don't include JLR which Tata bought from Ford in June last year. Full story...

General Motors has announced a new vehicle manufacturing joint venture with China's FAW Group, primarily targeting China's fast-expanding light commercial vehicle (LCV) market. Full story...

Featuring bold looks, a powerful V-6 engine and Acura's acclaimed Super Handling All-Wheel Drive(tm) (SH-AWD(tm)) system, the 2010 RL demonstrates that refined luxury is complemented perfectly by advanced technology and performance adrenaline. In addition to delivering luxury, style and performance, Acura's top-of-the-line sedan keeps drivers more connected to their world, and the world around them, by featuring the latest in intuitive, easy-to-use, state-of-the-art technology. Full story...

Brad Keselowski, the hottest previously unsigned driver in NASCAR garages, will be racing full-time in the No 12 Penske Racing Dodge in the Sprint Cup series and full-time in the Nationwide Series also in 2010. Full story...

Felipe Massa is '100 per cent' likely to be fit and ready for the start of the 2010 season, the Scuderia Ferrari announced on Tuesday. Full story...

The tire industry's best light truck tire just got better. Today, Michelin announced the introduction of the new MICHELIN® LTX® M/S2 tire for light trucks and SUVs, offering significant improvements in safety, longevity and fuel efficiency. Full story...

Reyes, 35, is head of global communications and public affairs at YouTube, one of the premier destinations online and a subsidiary of Google. He previously handled litigation, competition and policy communications for the online search, services and products company. Full story...