Auto News 5

Nissan has signed an memorandum of understanding with Jordan to promote zero-emission vehicles. Full story...

Daimler could pay investors a dividend for this year nearly twice as high as that distributed in 2008, the last time the luxury carmaker returned cash to shareholders. Full story...

A UK auto lobby group is urging the chancellor to ease access to credit for business and consumers, ahead of next month's Comprehensive Spending Review (CSR). Full story...

Suzuki will build a new factory in India after car sales in the nation jumped more than 30 percent this year. Full story...

UK new car registrations fell 17.5% in August to 55,305 units compared with scrappage scheme-fuelled August 2009. August is also a slow month ahead of the twice-yearly registration plate change on 1 September. Full story...

An application for financial aid targeted at redundant Spanish auto workers has been approved by the European Commission. Full story...

Sales of new cars in Britain declined 17.5 percent in August from a year ago, falling for the second consecutive month following the end of an incentive scheme to scrap old models, the Society of Motor Manufacturers and Traders said on Monday. Full story...

Imperial Auto Industries (IAI) and Italian group Sogefi company Allevard Rejna Autosuspensions have formed a joint venture to manufacture elastic suspension components for the Indian and overseas market. Full story...

August registration data showed the New Zealand new vehicle sector was back on track with total industry sales up over 17% year on year, according to a trade group. Full story...

The Philippine government plans to offer additional incentives to encourage investment in vehicle production. Board of Investment (BOI) executive director, Efren Leano, said "we want to make the Philippines a more attractive investment destination for automobile production".The Philippine government plans to offer additional incentives to encourage investment in vehicle production. Board of Investment (BOI) executive director, Efren Leano, said "we want to make the Philippines a more attractive investment destination for automobile production". Full story...

Joel Ewanick, 50, is rebuilding a marketing staff at General Motors Co. that has been shaken by last year's bankruptcy and subsequent turnover. Full story...

High-flying Subaru has been outperforming the U.S. market for the past two years. But overall, Japan's smaller carmakers have had a tough time in the United States for much of the past decade. Full story...

Every August, about 15,000 of America's wealthiest car buffs stroll the misty golf greens of Pebble Beach in Guccis, sipping chardonnay and admiring lovingly restored, flapper-era Morgans and Rolls-Royces and pre-war Bugattis. Full story...

Its image still bruised by driver complaints about unintended acceleration, Toyota Division has decided to revamp its marketing message and shift the focus to safety in a big way, top executives said last week. Toyota Motor Sales U.S.A.' Full story...

Don Lee thinks he can make money with Fiat and Alfa Romeo at a vacant showroom next to his dealership. Full story...

No surprise: August's 21 percent auto sales drop, to the lowest level for the month in nearly 30 years, was dismal. Last month's numbers were dragged down by comparison with August 2009, when sales soared because of cash for clunkers. Full story...

PSA is looking to export cars from China to Russia, its Asia chief Gregoire Olivier said. Full story...

China's car market will continue to grow this year but may not sustain the breakneck pace of last year, the CEO of Ford Motor Co.'s China car venture said on Saturday. "Overall this year versus last year, there will still be growth. Full story...

Kia and Hyundai are in talks with IzhAvto to build cars at the Russian company's plant. IzhAvto has an annual capacity of about 220,000 cars. Full story...

Volkswagen has recruited Giovanni Perosino, a top Fiat executive, to help oversee the marketing strategy of its growing number of brands. VW aims to topple Toyota as the world's No. Full story...