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Nov
17th

CHINA: Toyota to start China R&D centre

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Toyota Motor says it will establish Toyota Motor Engineering & Manufacturing (China) (TMEC) in the Changshu South-East Economic Development Zone in Changhus. Full story...
Nov
17th

US: Fiat-Chrysler chief watches GM IPO closely

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Fiat chief executive Sergio Marchionne said the success of General Motors' IPO, potentially the largest US offering ever, augured well for Chrysler's forthcoming share sale. Full story...
Nov
17th

Q&A with Alcoa Wheel Products

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Continuing just-auto's interviews with the world's largest wheel manufacturers, Matthew Beecham talked with David Yates, Commercial Manager, Europe, Alcoa Wheel Products - Forged Speciality Wheels about wheels for electric vehicles as well as trends in the use of finishes, materials and styling. Full story...
Nov
17th

VW Eos undergoes mild update for 2012

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The Volkswagen Eos four-seater convertible is receiving a mild rework for the new model year, with some changes to the front and rear fascias. The six-speed dual-clutch transmission is now standard in the U.S. market. Full story...
Nov
17th

JAPAN: Nissan mulling eco-pedal licence to other automakers

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Nissan Motor is evaluating the possibility of licensing its eco-pedal fuel efficient acceleator to other automakers according to Japanase media reports. Full story...
Nov
17th

GM expands landmark IPO that may raise up to $22.7B

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GM today set the final terms for a landmark initial public offering that could raise up to $22.7 billion after a surge of investor interest in an automaker that had fallen from blue-chip status to government bailout. Full story...
Nov
17th

GM expands landmark IPO that may raise up to $22.7 billion

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GM today set the final terms for a landmark initial public offering that could raise up to $22.7 billion after a surge of investor interest in an automaker that had fallen from blue-chip status to government bailout. Full story...
Nov
17th

GM prices shares at $33, expects to raise up to $23.1 billion from IPO

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General Motors Co. today priced its public stock offering at $33 a share -- which will generate at least $20.1 billion for the automaker just 16 months after it emerged from its government-sponsored bankruptcy. Full story...
Nov
17th

Fiat to boost output 43% to defend declining Brazil market share

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Fiat's Argentine unit will counter its declining market share in Brazil, its biggest market, by ramping up production as much as 43 percent next year, President Cristiano Rattazzi said. Full story...
Nov
17th

US: AAM estimates backlog at US$850m future sales

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American Axle & Manufacturing Holdings (AAM) has announced its backlog of new and incremental business launching from 2011 through 2013 is estimated at US$850m in future annual sales. Full story...
Nov
17th

US: Gentex to supply rear camera mirrors for Hyundai/Kia

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Gentex Corporation, the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors announced today that it is shipping its rear camera display (RCD) mirror for ten additional Hyundai/Kia vehicle models. Full story...
Nov
17th

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
17th

US: GM increases common stock size to 478m shares

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General Motors has today announced an increase in the proposed size of the offering of its common stock to be sold by certain of its stockholders from 365 million shares to 478 million shares. Full story...
Nov
17th

US: Remy International upbeat on Q3 result

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Manufacturer, remanufacturer, and distributor of starters and alternators for light and heavy duty applications, locomotive products and hybrid/electric motors, Remy International has posted third quarter net income of US$13.8m ending 30 September. Full story...
Nov
17th

US: First public EV stations open in San Francisco

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San Francisco has unveiled its first publicly accessible, commercially-owned electric vehicle charging stations. Full story...
Nov
17th

Mercedes loses ground to BMW, Audi in European luxury-car sales

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Mercedes failed to keep pace with BMW and Audi as the automaker dropped to third in European luxury-car deliveries last month. The company's rivals benefited from new models such as the BMW X1 and Audi A1. Full story...
Nov
17th

US: Analyst lauds GM ahead of IPO announcement

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Automotive analysts Edmunds.com has outlined ten key points as to why General Motors' imminent IPO ought to be successful, including recent upbeat financial data and the model range. Full story...
Nov
17th

Magna mulls Pininfarina takeover

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Magna International is weighing a proposal to buy Italian design specialist Pininfarina, three sources with direct knowledge of the matter told Automotive News Europe. An ownership change could happen as soon as December 31. Full story...
Nov
17th

L.A. auto show: Nissan Ellure concept offers hints of the future:

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What a concept--a concept car, unlike so many these days, that is not a thinly veiled production car but a showcase for future design studies. Full story...
Nov
17th

L.A. auto show: Porsche Cayman S gets sharpened with an R:

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WITH VIDEO -- Porsche made waves on the opening morning of the Los Angeles auto show on Wednesday with the unveiling of the lightweight Cayman R. Full story...
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