Oct
30th
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Geely Automobile's parent company is confident its bid for Volvo Car Corporation will be successful. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Oct
30th
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Car sales at Volkswagen's Czech unit Skoda Auto rose 6.5% in the third quarter halting a first half decline as scrappage subsidies in Germany, its biggest market, and growing business in China pushed sales to 174,984 vehicles. Full story...
Oct
30th
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This year will see over 3m new vehicle units sold in Brazil, including commercial vehicles, nearly 7% growth and better than expected. Full story...
Oct
30th
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Global car sales are expected to grow about 6% to 65m vehicles in 2010 as the financial crisis ends, helping demand revive, Hyundai Motor Group's research unit said on Friday. Full story...
Oct
30th
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Volkswagen's new Amarok pickup truck will go into production in Argentina before the end of this year and vehicles will begin to be exported from the first quarter of 2010. Full story...
Oct
30th
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An Indian parts supplier strike on since 21 September that has already shut a Ford plant in Canada will now cause General Motors to idle one factory and cut a shift at another, a source told Bloomberg News. Full story...
Oct
30th
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United Auto Workers members at two more Ford plants have rejected a concession deal agreed between national union leaders and the automaker. Full story...
Oct
30th
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British business secretary Peter Mandelson has said Britain was closer to agreeing finance package to support Magna's takeover of General Motors operations in Europe. Full story...
Oct
30th
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Germany's economy minister has distanced himself from comments by a party colleague who had said the new government in Berlin would review the previously agreed sale of General Motors unit Opel to Canada's Magna. Full story...
Oct
30th
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Volkswagen AG's premium Audi brand expects its fourth-quarter operating profit to exceed the 348 million euros ($515.8 million) earned in the third quarter, its finance chief said on Friday. Full story...
Oct
30th
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Volkswagen AG's premium Audi brand expects its fourth-quarter operating profit to exceed the 348 million euros ($515.8 million) earned in the third quarter, its finance chief said on Friday. Full story...
Oct
30th
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Volkswagen AG's premium Audi brand expects its fourth-quarter operating profit to exceed the 348 million euros ($515.8 million) earned in the third quarter, its finance chief said on Friday. Full story...
Oct
30th
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Renault group revenues declined 11.3% to EUR8.1bn year on year in the third quarter of 2009, a shallower decline than than in the first (-30.8%) and second quarters (-16.9%) but the automaker said orders in the third quarter continued the positive trend of previous quarters and fourth quarter production was expected to be more than 50% higher than the same period of 2008. Full story...
Oct
30th
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Zhejiang Geely Holding, the parent of Geely Automobile, is confident about its bid for Ford Motor Co.'s Volvo car unit, chairman Li Shufu said on Friday. Geely Holding is leading a consortium that includes both domestic and foreign banks. Full story...
Oct
30th
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Zhejiang Geely Holding, the parent of Geely Automobile, is confident about its bid for Ford Motor Co.'s Volvo car unit, chairman Li Shufu said on Friday. Geely Holding is leading a consortium that includes both domestic and foreign banks. Full story...
Oct
30th
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Car sales at Volkswagen AG's Czech unit Skoda grew 6.5 percent in the third quarter, reversing a decline in the previous two quarters, the company said on Thursday. Full story...
Oct
30th
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The House on Thursday passed a bill to raise limits on federally guaranteed loans to small businesses including auto dealerships to $3 million, putting pressure on the Senate to approve similar legislation. Full story...
Oct
30th
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BMW has set up a joint venture with carbon-fiber specialist SGL Group to build lightweight components for the carmaker's Megacity electric vehicle. Full story...
Oct
30th
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Renault SA said positive trends carried over into the third quarter from the second and sales declined less sharply than earlier in the year. Full story...
Oct
30th
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Global car sales are expected to grow about 6 percent to 65 million vehicles in 2010 as a financial crisis ends, helping demand revive, Hyundai Motor Group's research body said on Friday. Full story...