Feb
25th
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The parent company of Geely Automobile Holdings has said it plans to buy Chinese automaker Zhejiang Zhongyu Automobile Co. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Feb
25th
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Honda Motor Co. launched the sporty CR-Z model, its second in a line of low-cost hybrid cars aimed at meeting stricter environmental regulations and expanding sales in the tough global car market. Full story...
Feb
25th
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After Toyota Motor Sales USA president Jim Lentz faced the US House of Representatives Committee on Energy and Commerce hearing on Tuesday, all eyes yesterday were on his boss, Toyota Motor Corporation president Akio Toyoda, as he appeared before the House Committee on Oversight and Government Reform. Full story...
Feb
25th
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Magna International Inc. co-CEO Don Walker, proponent of the supplier giant's acquisition strategy, indicated today that the company may be dialing back its takeover plans this year. Full story...
Feb
25th
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Magna International Inc., which last fall lost out on a bid to acquire General Motors Co.' Full story...
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25th
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Magna International Inc. Full story...
Feb
25th
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Porsche has released details of its new, greener Cayenne SUV that will debut at the Geneva auto show on March 2. Full story...
Feb
25th
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India's Tata Motors said its Jaguar Land Rover unit has received a 340 million pound ($458 million) loan from the European Investment Bank (EIB). Full story...
Feb
25th
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Microsoft has been developing its presence in the automotive sector for a number of years and working with several manufacturers on the software that helps the interface between driver and the increasingly sophisticated in-cabin telematics environment. Microsoft's Greg Baribault explains the firm's automotive sector presence and strategy Full story...
Feb
25th
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The Porsche Cayenne is credited with expanding the breadth and scope of the brand, bringing some of the company's legendary sports-car genes to family-hauling utility vehicles. Full story...
Feb
25th
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General Motors last night said Sichuan Tengzhong Heavy Industrial Machines (Tengzhong) was "unable to complete" the acquisition of its Hummer SUV unit. Tengzhong told news agency AFP it withdrew its offer because it could not obtain regulatory approval from Chinese authorities. Full story...
Feb
25th
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General Motors last night said Sichuan Tengzhong Heavy Industrial Machines (Tengzhong) was "unable to complete" the acquisition of its Hummer SUV unit. "As a result, GM will begin the orderly wind-down of the Hummer operations," it said in a statement. Full story...
Feb
25th
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The British government will give up to 5,000 pounds ($7,668) to anyone who buys an "ultra-low carbon" car starting next year, the Department of Transport said on Thursday. Full story...
Feb
25th
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The British government will give up to 5,000 pounds ($7,668) to anyone who buys an "ultra-low carbon" car starting next year, the Department of Transport said on Thursday. Full story...
Feb
25th
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The Porsche Cayenne is credited with expanding the breadth and scope of the brand, bringing some of the company's legendary sports-car genes to family hauling utility vehicles. Full story...
Feb
25th
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Turkish automotive sales are expected to continue declining this month and in March after the government ended tax incentives for car buyers, the head of the Automotive Manufacturers Association (OSD) said earlier this week. Full story...
Feb
25th
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Porsche Cars North America says it has slashed its inventories in half in the past few months to about 45 days and expects to end incentive spending by the end of March. Full story...
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25th
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Volkswagen AG's starting price in Germany for the hybrid version of its new Touareg will be 73,500 euros (nearly $100,000), a premium of more than 20,000 euros compared with the base price for a non-hybrid variant of the premium SUV. Full story...
Feb
25th
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U.S. Mercedes-Benz dealers urged the automaker to open the faucet a tad on vehicle inventories, especially the M-class crossover and E-class coupe, as the automaker prepares for higher volumes in 2010. Factory officials told U.S. Full story...
Feb
25th
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Honda is bringing a three-wheel, one-person battery-electric concept to the Geneva auto show. It's called the 3R-C, and it's Honda's vision of what a green urban commuter car could look like. Full story...