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Dec
15th

Aston Cygnet officially revealed!

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The wraps are off Aston's Toyota IQ-based city car, and it's even wilder than first thought.


Full story...
Dec
15th

Ford to restore merit pay for salaried workers

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Ford Motor Co., which posted a nearly $1 billion third-quarter profit that surprised Wall Street analysts, will reinstate merit pay increases for U.S. salaried workers in 2010, a spokeswoman said. Full story...
Dec
15th

Old Chrysler earmarks nothing to repay U.S.

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Chrysler won't pay back any of the $3.7 billion still outstanding in U.S. Treasury loans made under the Troubled Asset Relief Program, according to the terms of a plan filed today in Bankruptcy Court. Full story...
Dec
15th

2010 sales will rise a bit. Or soar. Or maybe crash.

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Burned by the depth of this year's sales plunge, forecasters are cautious about 2010: U.S. auto sales will improve slightly. Unless they soar. Or crash. Full story...
Dec
15th

Wilhite moves from Jumpstart CEO to director

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Steve Wilhite -- a former U.S. marketing executive at Hyundai, Nissan and Volkswagen -- is being replaced as CEO of online advertising company Jumpstart Automotive Group. Full story...
Dec
15th

General Motors is seeking ‘motivating, inspirational’ CEO, Whitacre says:

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General Motors Co.'s board is looking inside and outside the automaker for and#8220;a motivating, inspirational leaderand#8221; to be its next chief executive, said Ed Whitacre, chairman and interim CEO. Full story...
Dec
15th

GM seeking ‘motivating, inspirational’ CEO, Whitacre says:

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General Motors Co.'s board is looking inside and outside the automaker for and#8220;a motivating, inspirational leaderand#8221; to be its next chief executive, said Ed Whitacre, chairman and interim CEO. Full story...
Dec
15th

Whitacre says GM will repay U.S. debt by midyear

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General Motors Co. still plans to repay roughly $8 billion in debt to the United States and Canada by the end of June, said Ed Whitacre, chairman and interim CEO. Full story...
Dec
15th

Dealers in arbitration could pay $100,000 in fees

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Rejected dealerships pursuing arbitration under new legislation will pay at least $12,000 in fees and as much as $100,000, depending on the complexity of their case, dealer attorneys said. Full story...
Dec
15th

Arbitration-seeking dealers could pay $100,000 in fees

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Rejected dealerships pursuing arbitration under new legislation will pay at least $12,000 in fees and as much as $100,000, depending on the complexity of their case, dealer attorneys said. Full story...
Dec
15th

Fees for rejected dealers seeking arbitration could top $100,000

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Rejected dealerships pursuing arbitration under new legislation will pay at least $12,000 in fees and as much as $100,000, depending on the complexity of their case, dealer attorneys said. Full story...
Dec
15th

Lotus snags Ferrari designer:

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Another Ferrari man is heading for Lotus. Full story...
Dec
15th

The Mercedes-Benz E-class convertible breaks cover, and Shelby American is back, in News Brake for Tuesday, Dec. 15:

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In News Brake: The Mercedes-Benz E-class convertible is revealed ahead of the Detroit auto show, GM CEO Ed Whitacre lays out job qualifications for the next honcho, and the Shelby American name is back . . . But Wait, There's More! Full story...
Dec
15th

US: Japan’s scrappage scheme hits protectionist nerve

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The US trade authorities have protested against Japan's nine-month-old scrappage scheme following complaints from Ford, GM and Chrysler that it discriminates against imported cars. Full story...
Dec
15th

New Ford S-MAX and Galaxy

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Revised models on way as firm’s new look debuts


Full story...
Dec
15th

GERMANY: Porsche wants to align fiscal and calendar years

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Porsche's supervisory and executive boards plant to ask the annual general meeting next month to agree to align the fiscal year with the calendar year. Full story...
Dec
15th

JAPAN: MHI develops stack ‘n’ charge parking system

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Mitsubishi Heavy Industries on Tuesday said it had developed a lift parking system with an electric power source to recharge the batteries of plug-in hybrid and electric vehicles. Full story...
Dec
15th

US: Ford cautious on 2010 sales

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Ford is not planning for a big sales gain in 2010 but will likely boost vehicle production if business is better than expected, chairman Bill Ford has said. Full story...
Dec
15th

Spyker sole remaining bidder for Saab, GM boss says

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General Motors Co. Chairman and acting CEO Ed Whitacre said on Tuesday that luxury car maker Spyker Cars NV is the only remaining party with which GM is negotiating for the sale of its Saab brand. Full story...
Dec
15th

Spyker sole remaining Saab bidder, GM boss says

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General Motors Co. Chairman and acting CEO Ed Whitacre said on Tuesday that luxury car maker Spyker Cars NV is the only remaining party with which GM is negotiating for the sale of its Saab brand. Full story...
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