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Nov
3rd

SEMA show: Mr. Leno, your Camaro is ready:

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We're not surprised that comedian Jay Leno would add a reborn Chevrolet Camaro to his burgeoning collection of cars. But Chevy is making sure that Leno's Camaro is something special and is showing it as the SEMA show. Full story...
Nov
3rd

SEMA show: Mr. Leno, your new Chevy Camaro is ready:

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We're not surprised that car guy and talk show host Jay Leno would add a reborn Chevrolet Camaro to his burgeoning collection of cars. But Chevy is making sure that Leno's Camaro is something special and is showing it as the SEMA show. Full story...
Nov
3rd

US: Big retailer bullish on Ford

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Fourth largest US dealership owner Group One Automotive would consider buying more Ford dealerships, the company's chief executive, Earl Hesterberg, told the Reuters Auto Summit in Detroit. Full story...
Nov
3rd

US: Treasury will do GM public offerings eventually

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The US Treasury is eyeing all options for divesting its interest in the auto industry and is focused on a series of public offerings for General Motors, a government watchdog has said. Full story...
Nov
3rd

Magna gets Opel labor to OK plan to cut costs by 265M euros a year

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Opel workers have agreed to contribute 265 million euros ($390 million) in annual savings if General Motors Co. finally sells a majority stake in its European arm to a group led by Canada's Magna International Inc. Full story...
Nov
3rd

Magna gets Opel labor to OK plan to cut costs by $390M a year

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Opel workers have agreed to contribute 265 million euros ($390 million) in annual savings if General Motors Co. finally sells a majority stake in its European arm to a group led by Canada's Magna International Inc. Full story...
Nov
3rd

US: GM IPO talk “premature”

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Talk of an initial public offering for General Motors by the second half of next year is so premature as to border on the ludicrous, a former director has said. Full story...
Nov
3rd

US: Ford names new AsPac/Africa head

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Two senior Ford executives are retiring but only one is being replaced. Full story...
Nov
3rd

US: UAW confirms nix on Ford contract changes

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The United Auto Workers (UAW) union last night confirmed Ford worker members had voted down proposed contract modifications. Full story...
Nov
3rd

RUSSIA: Nissan sees Russia market recovery

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Nissan has sounded an optimistic note concerning possibilities for Russian car market, which has collapsed this year in the face of Russia's severe economic recession. Full story...
Nov
3rd

FRANCE: Valeo takes control of China JV

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French supplier Valeo has taken complete control of its Changchun joint venture, increasing to 100% its shareholding in the entity in which it previously held a 60% stake and Fawer 40%. Full story...
Nov
3rd

JAPAN/FRANCE: Nissan invests US$554m in Renault battery supply

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Nissan plans to invest JPY50bn (US$554m) to increase electric vehicle battery production for French partner Renault, according to the Nikkei newspaper on Tuesday. Full story...
Nov
3rd

UK: Used car prices falling – online retailer

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After an unprecedented increase in residual values this year, used car prices are now falling according to UK-based online retailer Autoquake.com. Full story...
Nov
3rd

24% rise for German car sales in October; 10-month rise in 26%

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Germany's new-car market grew by 24 percent year-on-year in October even after a car scrapping scheme for old autos ran out of money in September, the VDIK foreign carmaker association said on Tuesday. Full story...
Nov
3rd

24% rise for German car sales in October; 10-month rise is 26%

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Germany's new-car market grew by 24 percent year-on-year in October even after a car scrapping scheme for old autos ran out of money in September, the VDIK foreign carmaker association said on Tuesday. Full story...
Nov
3rd

24% rise for German car sales in October; 10-month gain is 26%

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Germany's new-car market grew by 24 percent year-on-year in October even after a car scrapping scheme for old autos ran out of money in September, the VDIK foreign carmaker association said on Tuesday. Full story...
Nov
3rd

24% rise for German car sales in October

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Germany's new-car market grew by 24 percent year-on-year in October even after a car scrapping scheme for old autos ran out of money in September, the VDIK foreign carmaker association said on Tuesday. Full story...
Nov
3rd

GERMANY: Still in black but BMW profits fall

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BMW Group managed to stay profitable in the third quarter of 2009 but EBIT fell to EUR55m from EUR387m a year ago and pretax profit was EUR126m versus EUR279m on revenues off 7% to EUR11,759m. Full story...
Nov
3rd

MALAYSIA/INDIA: Proton to assemble cars in India in early 2011

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Proton Holdings confirmed yesterday that it is close to identifying a suitable local partner for a car assembly joint venture in India. Full story...
Nov
3rd

GOLDING’S TAKE: If you see success, give it a good kicking

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There was an elephant in the room during broadcast of Ford's third quarter results this week (November 2). Clearly it was an old one and much travelled. For many of the Ford high-ups ignoring it, the temptation was probably to imagine it was one of Hannibal's 37 which were part of that triumphal march across the Alps a few years ago. Full story...
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