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Nov
8th

UK: Retail Motor Industry Federation sees major October van sales rise

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October figures from the UK Retail Motor Industry Federation (RMI) show a healthy growth with year-to-date van sales growth of 18.8% Full story...
Nov
8th

US: Coda Holdings looks for new CEO

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Lithium-ion advanced battery systems and all-electric vehicles developer Coda Holdings, has announced the resignation by mutual consent of Kevin Czinger as CEO Full story...
Nov
8th

SPAIN: EC grants financial assistance to redundant autoworkers

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Spain has been granted approval by the European Commission for EUR382,200 (US$532,000) in assistance from the European Globalisation Adjustment Fund (EGF). Full story...
Nov
8th

Big rises in China, U.S. boost Audi sales in October

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Audi grew new car sales by 5.8 percent in October as demand from China and the United States continued to rise. Audi said sales in China were up 18.2 percent, while sales in the U.S. grew 10.5 percent. Full story...
Nov
8th

Geely steps up integration of Volvo

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Geely Automobile has set up a committee to facilitate communications with Volvo in one of its first concrete steps at integration since Geely's parent bought the Swedish carmaker from Ford earlier this year. Full story...
Nov
8th

The best thing about October’s strong auto sales: Consumers led the way

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The slow-motion auto sales recovery may have reached a turning point -- and not just because of the healthy 13 percent October increase and the fact that the annual selling rate was the best since the heady cash-for-clunkers days of the summer of... Full story...
Nov
8th

Groups find gold in old used cars

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Instead of sending that 1997 Ford Aspire trade-in to auction, large dealership groups are seeking to retail such older cars for more profit. AutoNation, Lithia, Asbury, Sonic and Penske are among retailers trying to boost sales of old used vehicles. Full story...
Nov
8th

Lobbyists see start of auto-friendly GOP era

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The new Republican majority in the House will investigate, slow and try to block Obama administration initiatives that it considers detrimental to the auto industry, lobbyists predicted. Full story...
Nov
8th

The wacky world of Brad Benson

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In radio ads that began last fall, Brad Benson -- then Hyundai's second-best-selling U.S. dealer -- pledged to remain celibate until his store in rural New Jersey regained the top spot. Benson, 54 and married, can breathe a little easier now. Full story...
Nov
8th

Savvy dealers manage online image

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Tonkin Wilsonville Nissan in Oregon noticed a rise in online reviews in 2008. Soon, contacting each reviewer became a daily routine for General Manager Bill Jones. Full story...
Nov
8th

Honda stresses product, tech blitz to get back on track

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Honda Motor Co. survived the global financial crisis better than most, avoiding the full-year losses seen on many balance sheets. But Honda's rebound has not been as sharp as most of the rest of the industry. Full story...
Nov
8th

Subaru has momentum but must deal with strong yen

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Subaru is on a roll. U.S. sales are up 23 percent through October and on pace to beat the market for a third straight year. And Subaru of America's parent, Fuji Heavy Industries Ltd., just doubled its full-year profit forecast. Full story...
Nov
8th

Ford CEO’s vow: We’ll rebuild Lincoln lineup

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Alan Mulally wears his heart on his sleeve. Well, sort of. He does wear the word "Ford" embroidered on the cuff of his white dress shirts. "My dream is you'll walk away and believe I'm about accelerating Henry Ford's original position," Mulally says. Full story...
Nov
8th

VW seeks 10,000 electric-car sales in China from 2014

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Volkswagen plans to build and sell 10,000 electric cars in China from 2014 to 2018. VW will produce an electric model at local ventures with SAIC Motor Corp. and FAW Group Corp. Full story...
Nov
8th

UK to lobby China leaders for speedy decision on Jaguar Land Rover plant

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U.K. Prime Minister David Cameron is expected to press Chinese political leaders to approve a new factory for Jaguar Land Rover quickly during a trade visit to the country this week, the Financial Times reported. Full story...
Nov
8th

Chinese new-car prices likely to fall by 20%, VW exec says

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China's new-car prices are likely to fall 20% by 2020, said former VW China CEO Winfried Vahland. He said intense competition, low disposable income, and relatively low costs of production are the most important factors behind the drop. Full story...
Nov
8th

Marchionne says new models will help Fiat meet targets

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Fiat CEO Sergio Marchionne confirmed that the Italian carmaker will release new models in 2011 and said the company won't have problems meeting its targets. Marchionne also said that mid-term elections in the U.S. Full story...
Nov
8th

Dana CEO Sweetnam resigns; Devine steps in, again

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Dana, which has had six CEOs in three years, said CEO James Sweetnam has resigned after leading the supplier since July 2009. Full story...
Nov
8th

GM begins Chevy Cruze output with RS package after delay

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GM began production of a version of the Chevrolet Cruze compact car more than three weeks behind schedule because of quality issues that the company declined to specify. Full story...
Nov
8th

Why Farley is betting Ford’s ad dollars on Facebook, Twitter

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Forget the Super Bowl: Ford's marketing chief Jim Farley says he can get more for less on Facebook, Twitter and YouTube. If Farley is right, millions of hits for Ford Motor Co. Full story...
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