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Jun
28th

Tesla increases shares offered in IPO by 20%

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Tesla Motors Inc., the electric sports-car company that's attempting the first initial public offering by a U.S. automaker in a half-century, increased the number of shares that it will sell in its IPO by 20 percent. The company will now offer 13. Full story...
Jun
28th

Tesla increases shares offered in IPO by 20%

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Tesla Motors Inc., the electric sports-car company that's attempting the first initial public offering by a U.S. automaker in a half-century, increased the number of shares that it will sell in its IPO by 20 percent. Full story...
Jun
28th

AUSTRALIA: Holden reinstates second shift, gears up for new models

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GM's Australian subsidiary Holden will resume a second shift at its factory in Elizabeth, South Australia, in November, 18 months after switching to a single shift and short-time working to protect jobs during the global recession. Full story...
Jun
28th

US: Nissan starts work on Leaf battery site

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Work has started on building a new manufacturing site in Smyrna, Tennessee, for Leaf EV production in the US. Full story...
Jun
28th

UK: Vauxhall puts focus on customers

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Vauxhall has moved Andy Gilson from marketing director to what the company describes as a "critical role" as customer experience and corporate strategy director charged with making a major change in Vauxhall customer satisfaction, as well as developing new strategies for the company. Full story...
Jun
28th

JAPAN: Bridgestone bumps profit estimates

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Bridgestone has revised upward its group net profit estimate to JPY37bn yen from an earlier-projected JPY27bn for the first half of 2010. Full story...
Jun
28th

US: Visteon reorganisation plan on final straight

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Visteon Corporation's modified disclosure statement connected with its reorganisation plan has finally been approved by bankruptcy court in Delaware after being held up by various creditor groups unhappy at the original terms. Full story...
Jun
28th

US: June retail sales seen weaker than expected

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An increase in fleet sales in June will not be strong enough to fully offset weaker than expected retail sales, resulting in a decline in the total new vehicle selling rate compared with May, JD Power and Associates said ahead of this week's sales stats, expected to start coming out on Thursday (1 July). Full story...
Jun
28th

Toyota, Nissan lead Japan carmakers’ output rebound

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Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. increased global vehicle production in May as Japan's largest carmakers benefited from rising demand in Asia and the U.S. Full story...
Jun
28th

Tata may lure Hyundai buyers in India on fuel price

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Tata Motors, a challenger to Hyundai in the fight to be India's No. 2 automaker, may gain an edge over the South Korean carmaker after the nation decided to end state controls on gasoline prices. Full story...
Jun
28th

Facelifted DB9 unveiled

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Aston Martin shows significantly upgraded version of its GT car.


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Jun
28th

UK: Honda adds fleet-only Civic

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Honda's UK unit will counter rival firms' low CO2 specials in the C-segment by introducing a low-cost, high-spec, fleet-only Civic this week. Full story...
Jun
28th

Gordon Murray’s T25

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First official pictures and specifications of Gordon Murray’s prototype T25.


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Jun
28th

China labor unrest to speed up automation trend

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Although labor remains a small portion of overall Chinese manufacturing costs, some see the worker unrest as further spurring a move to mechanization. With China now accounting for 15. Full story...
Jun
28th

Goodwood Festival of Speed

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The UK's largest annual motoring festival has arrived and Auto Express has put together an extensive guide highlighting all of the biggest cars at this year's show.
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Jun
28th

Goodwood Festival preview

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The UK's largest annual motoring festival is almost here and Auto Express has put together an extensive preview highlighting all of the biggest cars lined-up for this year's show.
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Jun
28th

Revised MINIs revealed

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Facelifted MINI range gets new look and new 99g/km diesel engines.


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Jun
28th

UK: Toyota starting Auris hybrid production

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Toyota on Monday is celebrating the start of production of its first full hybrid vehicle in Europe at its Derbyshire, England, plant. Full story...
Jun
28th

Strike-hit Honda’s May China output down 16%

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Honda Motor Co. said on Monday its production in China fell 15.7 percent in May, marking the first year-on-year fall in 12 months as a strike at a supplier forced Honda to suspend work at its local plants. Full story...
Jun
28th

Rutherford’s column

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I’m not unhappy about George Osborne’s tax rises for drivers – I knew he had to increase them to reduce the UK’s debts. And he could have raised them much higher.
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