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Mar
2nd

GENEVA SHOW: Proton shows first hybrid, styled in Italy

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Malaysia's Proton is working with Italy's Italdesign Giugiaro on a range of compact hybrids, the first of which were unveiled in Geneva today. Full story...
Mar
2nd

CHINA: Daimler signs for Chinese EV JV

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Daimler has signed a memorandum of understanding (MoU) that will see it enter into a technology partnership for the development of electric vehicles for China. Full story...
Mar
2nd

GENEVA SHOW: CT 200H new gateway to Lexus

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Judging by the concern shown by its minders when journalists tried to open and shut the rear doors, the description of the CT 200h as a show car rather than a full-blown production vehicle is apt. But this is how the final production vehicle will look when it goes on sale later this year with European sales from early 2011. Full story...
Mar
2nd

US: Toyota execs to outline safety overhaul to Senate

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Toyota Motor will once again defend its position over the recall scandal in the US at a senate committee hearing later today. Two company vice presidents will also make assurances that safety steps will be taken to rebuild consumer confidence in the company. Full story...
Mar
2nd

GENEVA SHOW: I’ll listen, says new JLR boss (and curry fan) Forster

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New Jaguar Land Rover CEO Carl-Peter Forster has asked for 100 days on the job before making any formal announcements about his strategy for the British brand. Full story...
Mar
2nd

GENEVA SHOW: Gordini brand ‘democratises Renaultsport’

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Renault decided to reintroduce its famous Gordini brand to make Renaultsport technology available to a wider, more fashion conscious audience, according to Beatrice Foucher, head of global product planning. Full story...
Mar
2nd

INDONESIA: Astra International expands auto operations

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Indonesia's PT Astra International plans to increase capital expenditure by 50% to IDR8 trillion (US$865m) in 2010, to expand its interest in the automotive, mining and infrastructure sectors, according to new president director Prijono Sugiarto. Full story...
Mar
2nd

RUSSIA: Automakers may get state aid for acquisitions

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Russian automakers may get state help to purchase foreign assets under a development strategy for the industry being considered by the government this week. Full story...
Mar
2nd

CHINA: Chery eyes huge growth in 2010

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Chery Automobile has set its sights on growing vehicle sales by as much as 80% this year, a further reflection of the strength of the Chinese market in an otherwise lacklustre global market. Full story...
Mar
2nd

GENEVA SHOW: Ford reveals Focus wagon

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Continuing a recent tradition of launching different body styles of a redesigned model line at a series of international motor shows, Ford lifted the covers off its redesigned third generation Focus wagon at Geneva on Tuesday. Full story...
Mar
2nd

Ford hybrids, electrics will arrive in Europe starting next year

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Ford Motor Co. said it will expand its global vehicle electrification program to Europe in 2011, starting with the battery-powered Transit Connect. Full story...
Mar
2nd

GENEVA SHOW: VW aims to be #1 green automaker

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The race is on to be the world's number one in environmental vehicles. Companies such as Toyota, Honda and Renault have staked their claim and Volkswagen said at the Geneva show on Tuesday it aims to be number one in hybrid and electric cars before the end of this decade. Full story...
Mar
2nd

Renault CEO sees 2010 global car demand up 3%

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Worldwide car sales should increase 3 percent this year, even as the beginning of 2010 has been marked by a drop in orders, Renault CEO Carlos Ghosn said. Full story...
Mar
2nd

GM recalling 1.3M vehicles over steering problems

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General Motors Co. is recalling 1.3 million compact cars in North America to address a power steering problem that has been linked to 14 crashes and one injury, the company said on Tuesday. U.S. safety regulators opened an investigation on Jan. Full story...
Mar
2nd

Fiat counts on new Alfa model to give brand a boost

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Italy's Fiat S.p.A. unveils the Alfa Romeo Giulietta at this week's Geneva auto show, and while analysts do not believe the brand is under threat, they say the new hatchback is a test of its revival. Full story...
Mar
2nd

Opel union boss wants GM to invest more in Opel revamp

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Opel's labor chief Klaus Franz has demanded that parent company General Motors Co. invest at least $1.355 billion (1 billion euros) to restructure the European arm as a way to improve its chances for getting state aid. Full story...
Mar
2nd

Opel CEO sees progress in German aid talks

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General Motors Co.'s European unit Opel expects to make good progress in the coming weeks in talks to clinch restructuring aid from the German government, Opel's CEO told Reuters TV in an interview on Monday. The European unit of U.S. Full story...
Mar
2nd

GM says it will invest 1.9B in Opel/Vauxhall revamp

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GM said it will contribute 1.9 billion euros ($2.57 billion) toward Opel/Vauxhall's restructuring, more than tripling its previous investment pledge of 600 million euros. Full story...
Mar
2nd

Toyota’s North America unit to get more authority over U.S. recalls

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Toyota Motor Corp. executives will tell lawmakers today that the company is delegating more authority over U.S. recalls and other safety measures to its North American unit. Toyota's U.S. Full story...
Mar
2nd

GM says it will invest $2.57B in Opel/Vauxhall revamp

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GM said it will contribute $2.57 billion (1.9 billion euros) toward Opel/Vauxhall's restructuring, more than tripling its previous investment pledge of 600 million euros. Full story...
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