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Oct
4th

Maserati posts sales gains, ponders future product

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The future of Maserati is looking brighter after the company posted impressive sales gains in key markets this year. Full story...
Oct
4th

Porsche tests plug-in Panamera for engineering purposes

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New Porsche chief Matthias Mueller says the automaker will have alternative-propulsion technologies that fit the brand Full story...
Oct
4th

PARIS SHOW: Optima gives Kia a new dimension

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The redesigned Optima sedan launched last week at the Paris motor show is expected to significantly grow Kia's presence in the European D segment. Full story...
Oct
4th

EXCLUSIVE: SPAIN: VW Navarre output hits record as Polo sales surge

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Volkswagen's factory in Landaben, Spain, will make 335,000 units this year, thanks to brisk demand for the Polo supermini, a trade union official confirmed. Full story...
Oct
4th

GM to shut Belgium factory after investor search fails

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General Motors' Opel division will shut its factory in Antwerp, Belgium, by the end of this year after failing to find a buyer. A Chinese automaker and an American investor had expressed interest in buying the factory, a union official said. Full story...
Oct
4th

GM to shut Belgium factory after investor search fails

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General Motors' Opel division will shut its factory in Antwerp, Belgium, by the end of this year after failing to find a buyer. A Chinese automaker and an American investor had expressed interest in buying the factory, a union official said. Full story...
Oct
4th

BELGIUM: EC clears Plastal acquisition by Faurecia

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Faurecia has been cleared by the European Commission (EC) to acquire the Spanish subsidiary of components manufacturer Plastal Holding. Full story...
Oct
4th

INDONESIA: Auto exports to jump 30% in 2010

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Indonesian exports of built-up vehicles are projected to increase by over 30% to around 74,000 units in 2010, according to data released by the industry association Gaikindo. Full story...
Oct
4th

US SALES: Trucks outsell cars first time in a year

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It surprised no one that September's United States light vehicle sales were better than 2009's post-rebate swoon. According to Ward's, volume was up 28.5% and year-to-date (YTD) sales are now 10.3% ahead of 2009. Full story...
Oct
4th

German new car market to return to growth after sales decline slows in Sept.

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After new car registrations in Germany declined at a significantly slower rate in September than in August, the VDA industry body said the German car market should return to growth towards the end of 2010. Full story...
Oct
4th

Body of German super car builder found in South Africa

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The body of German super car builder Uwe Gemballa has been found in South Africa eight months after he vanished on a business trip there, police said. Full story...
Oct
4th

Audi likely to sell A1 compact in the U.S.

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Audi is considering selling its next-generation A1 compact car in the United States to capitalize on consumer interest in small cars and hedge against fluctuations in fuel prices. Full story...
Oct
4th

Volvo expects to boost car sales 13% this year

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Volvo expects a double-digit rise in unit sales this year. CEO Stefan Jacoby said the Swedish carmaker will sell 380,000 cars in 2010 worldwide, up 13 percent from the 335,000 cars sold last year. Full story...
Oct
4th

Renault aims to almost double Brazilian market share

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Renault plans to almost double its share of car sales in Brazil in the next three years through investments and by introducing new vehicles, according to a newspaper report. Full story...
Oct
4th

Visteon exits bankruptcy after 16 months

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Visteon, once the second-largest U.S. maker of auto parts, emerged from bankruptcy protection Friday after reducing its debt by about $2.1 billion. More than 40 bondholders, including the distressed-investment units of Deutsche Bank Securities Inc. Full story...
Oct
4th

Tesla recalls 400 EVs to fix power cables

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Tesla Motors said it is recalling more than 400 of its battery-powered Roadsters because of the risk that a power cable could short and catch fire. Full story...
Oct
4th

Mercedes overtakes Lexus to lead U.S. luxury sales

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The race for the top-selling luxury marque in the United States took a turn in September as Mercedes-Benz used a 22 percent monthly gain to overtake Lexus after nine months. Full story...
Oct
4th

Sept. sales: Smile, don’t sing

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It's not quite time to sing "Happy Days are Here Again." But in September, the U.S. auto industry posted its best monthly sales rate in 13 months. Full story...
Oct
4th

Big hope for Fiat’s small car

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Ready or not, the Fiat 500 is coming to dealerships early next year armed with Italian style and penny-pinching fuel economy. The 500 was the cute little economy car that put postwar Italy on wheels when it arrived in 1957. Full story...
Oct
4th

GM has a subprime-time player

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If the AmeriCredit acquisition works as General Motors Co. intends, GM dealers will lease more vehicles and arrange more loans for buyers with low credit scores. GM's acquisition of AmeriCredit Corp., scheduled to close Friday, Oct. Full story...
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