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Nov
18th

VW unit Skoda plans huge rise in China production

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Skoda wants to produce 500,000 cars in China in the future,.The Volkswagen Czech subsidiary produced 131,779 cars in China in 2009. Full story...
Nov
18th

LOS ANGELES SHOW: Kia unveils Optima hybrid

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Kia Motors has unveiled its all-new Optima Hybrid sedan at the Los Angeles Show, a vehicle created primarily with the US market in mind Full story...
Nov
18th

LA SHOW: Kia unveils Optima hybrid

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Kia Motors has unveiled its all-new Optima Hybrid sedan at the Los Angeles Show, a vehicle created primarily with the US market in mind Full story...
Nov
18th

US: British-built cars top J D Power satisfaction survey

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Cars made in Britain are increasingly popular with customers in North America according to the latest JD Power and Associates 2010 US Sales Satisfaction Index. Full story...
Nov
18th

L.A. auto show: 2011 Hyundai Elantra gets shapely:

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First came the Genesis sedan and coupe. The Sonata followed. Days away is the Equus. Full story...
Nov
18th

UK: Schaeffler Group reports strong Q3

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Business development at the Schaeffler Group remained on a high level in the third quarter of 2010. Full story...
Nov
18th

Ford cuts Mazda stake to 3.5%; no longer top shareholder

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Ford announced today it will reduce its stake in Mazda to 3.5 percent from 11 percent. The transaction is expected to be completed Friday. The U.S. Full story...
Nov
18th

Ford cuts Mazda stake to 3.5%; no longer top shareholder

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Ford announced today it will reduce its stake in Mazda to 3.5 percent from 11 percent. The transaction is expected to be completed Friday. The U.S. Full story...
Nov
18th

Ford cuts Mazda stake and won’t be largest shareholder

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Ford announced today it will reduce its stake in Mazda to 3.5 percent from 11 percent. The transaction is expected to be completed Friday. The U.S. Full story...
Nov
18th

Porsche-Volkswagen merger lawsuits quashed by court

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Luxury carmaker Porsche won dismissal of investor lawsuits seeking to overturn decisions made at a 2009 shareholder meeting during the manufacturer's bid to take over Volkswagen Group. Full story...
Nov
18th

UAW says no U.S. auto concessions in 2011

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The UAW expects to give no further concessions to U.S. automakers in contract talks next year and will seek to share in company profits in some way, President Bob King said on Wednesday. Full story...
Nov
18th

Coda pushes EV launch back to second half of 2011

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Electric car start up Coda Automotive will delay the launch of its battery-powered sedan until the second half of next year, interim CEO Mac Heller said at the Los Angeles Auto Show. Coda had been planning to start sales next month. Full story...
Nov
18th

Saab seeking a few good partners

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The future of Spyker's Saab rests on finding more manufacturing partners and bringing down the number of cars it must sell to break even, its executives said. Full story...
Nov
18th

Canada resists U.S. push to sell more GM shares

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Canada and Ontario rejected a U.S. offer to sell more shares in GM's $15.8 billion initial public offering this week, allowing the Canadian governments to benefit if the automaker's shares rally. U.S. Full story...
Nov
18th

China’s SAIC explores GM stock option

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GM's China partner, state-owned SAIC Motor Corp. is still deciding whether or not to participate in GM´s increased initial public offering, the China Securities Journal reported, quoting industry sources. Full story...
Nov
18th

Jaguar, Mini tops in J.D. Power sales experience study

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Jaguar shoppers were more satisfied with their showroom experience than buyers at other luxury brands in the United States, according to the J.D. Power U.S. Sales Satisfaction Index, released today. Full story...
Nov
18th

New York’s next yellow cab could be made in Turkey

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A futuristic Turkish taxicab with a see-through roof for gazing at the skyline is among three finalists in New York City's search for the "Taxi of Tomorrow." The model by Karsan Otomotiv made the short list along with models by Nissan and Ford. Full story...
Nov
18th

Both versions of Range Rover Evoque coming to U.S.

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Both the three- and five-door versions of Range Rover's compact Evoque SUV will come to the United States next October. Full story...
Nov
18th

Johnson Controls raises dividend 23%

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Auto interiors maker Johnson Controls set a 23 percent increase in its quarterly dividend on Wednesday and said more increases were expected in the coming years. Full story...
Nov
18th

North America, finance chiefs driving GM’s recovery

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The success of GM's initial public offering is raising the profile of Mark Reuss and Chris Liddell, the senior managers immediately behind CEO Dan Akerson. Reuss and Liddell are relatively young, 47 and 52, respectively. Full story...
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