In News Brake: Chrysler and Fiat team up for an electric 500 for the United States, Chrysler also ponders a small unibody pickup, and Jimmie Johnson wins his first at Bristol . . . But Wait, There's More!
Full story...
Following a three year investment of US$730m, Chrysler Group unveiled the production launch of its Pentastar V-6 engine at an event on Friday (19 March) at the Trenton, Michigan South Engine Plant (TSEP). The company claimed the engine was a "cornerstone" of its efforts to reinvent its business model.
Full story...
The looming closure of Toyota Motor Corp.'s California assembly plant is beginning to take a toll on suppliers there as well, with plants located around the site ready to shut down starting in late March.
Full story...
Chrysler Group will build 140 Ram plug-in hybrid electric vehicles for use in a three-year demonstration fleet.
Full story...
Paul Bond has fought off more than 1,000 competitors to win a new career as a motoring journalist – starting with a three month internship at Auto Express magazine.
Full story...
Renault Samsung Motors said on Monday it had taken over 40,000 orders for its new, locally developed SM5 sedan.
Full story...
Russian prime minister Vladimir Putin has supported a proposal to allocate RUB1.043bn for the Samara regional government as compensation for carmaker AvtoVAZ' social facilities that were transferred to the municipal government, Itar-Tass reported.
Full story...
Tata Motors has prepared a compensation package for Nano suppliers forced to relocate their units to Sanand in Gujarat from Singur after work on the 95%-complete factory there was stopped after violent protests over land seizures. But the automaker has nonetheless decided to keep 997 acres at Singur and renew the lease which expires on 31 March, a local newspaper said.
Full story...
BMW has agreed to supply turbocharged diesel engines to Carbon Motors Corp. to power Carbon's purpose-built police cars.
Full story...
Sweden's Autoliv has increased its outlook for first-quarter sales and profit thanks to stronger performances in Asia and North America. The world's leading airbag and seatbelt manufacturer said it expects net sales in the first quarter to rise about 85% from the same period last year, instead of a previous forecast of 70%, and operating margin to climb to "at least" 11% rather than the 8.5% predicted earlier.
Full story...
Tata Motors, India's largest vehicle maker, has signed a contract with Myanmar Automobile and Diesel Industries to set up a heavy truck plant in the military-ruled country once known as Burma.
Full story...
Fiat's baby to get electric power in the US from 2012
Full story...
Kia's new D-segment family car, replacing the Magentis, will be called the K5 when it goes on sale in its home market in May after making its debut at next week's New York motor show, the company has announced. The vehicle had until now been known by its project name TF.
Full story...
EDITOR WES RAYNAL: Delightful. What a terrific little package. Pricey, yeah, but a nice, good-looking car, and it makes a fine alternative to a small ute.
Full story...
Honda expects its global car production to rise by as much as 8% in the 2010 financial year starting next month. This will be spurred by demand in Asia, the Nikkan Kogyo industrial daily reported on Monday.
Full story...
Chrysler Group said today that it plans to build an electric version of the Fiat 500 minicar for sale in the United States beginning in 2012. Full story…
Ford Motor Co. CEO Alan Mulally earned $1.4 million in salary and did not receive a cash bonus for 2009, but his total compensation rose because of stock-based awards.
Full story...
Ford Motor Co. CEO Alan Mulally earned $1.4 million in salary and did not receive a cash bonus for 2009, but his total compensation rose because of stock-based awards.
Full story...
When news hit last week that Nissan was plucking Hyundai's Joel Ewanick to be its new marketing chief, it didn't take John Wolkonowicz long to discern what the No. 3 Japanese automaker was up to. Nissan wants to win U.S.
Full story...