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...

Sales of certified used vehicles fell 10 percent last year, to 1,528,487 units. The drop followed seven years of solid growth. But certified sales though July this year rebounded 1 percent to 953,764 from the same period last year. Full story...

Chrysler Group's 7 percent sales increase in August bucked the industry's 21 percent tumble. There are several reasons Chrysler was able to enjoy its fifth straight month of year-over-year sales increases. Full story...

Former GM CEO Fritz Henderson has been tapped to become CEO of SunCoke Energy following its separation from Sunoco next year. Full story...

The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout... Full story...

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

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

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...

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...