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Nov
1st

U.S. tax issues may derail Schaeffler-Conti merger, paper says

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The planned merger of Continental AG and Schaeffler Group may be delayed by several years or fail altogether because of U.S. tax demands, a German paper reported, citing unidentified people close to Schaeffler. The U.S. Full story...
Nov
1st

INDIA: GM chief bullish

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Chevrolet's local chief is bullish about prospects in India as he prepares to officially open a new engine plant next week. Full story...
Nov
1st

just-auto’s research round-up

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Here's a brief run-down of reports available in our research store that caught our eye over the past week or so... Full story...
Nov
1st

German car exports set to increase 21%, report says

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German auto exports may increase by 21 percent this year to 4.15 million units, driven by a rise in demand in China and the U.S., a paper reported, citing Matthias Wissmann, head of the VDA industry group. Full story...
Nov
1st

UK: General Electric promises huge EV order

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General Electric will order "tens of thousands" of electric vehicles within about a week, CEO Jeffrey Immelt said during a speech in London. He did not give any further details of what will be the largest EV order in history. Full story...
Nov
1st

Conti, Bosch push EU to secure access to rare earths

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Continental and Bosch are pushing regulators in the region to secure the supply of rare-earth metals as China limits exports of the metals. Full story...
Nov
1st

First Drive: 2011 Kia Optima

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First Drive: 2011 Kia Optima
2011 Kia Optima - First Drive - Automobile Magazine
Hey, good lookin'

After decades of watching value-conscious automakers fail to transition their show cars' looks to the showroom floor, we've been brainwashed into thinking that high style must cost a fortune.


Photo Gallery: 2011 Kia Optima - First Drive - Automobile Magazine


Full story...
Nov
1st

JAPAN: Sales plummet as incentives end

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New vehicle sales in Japan tumbled more 25% in October from the same month a year ago, the steepest year on year fall in 18 months as subsidies for green cars ended. Full story...
Nov
1st

FRANCE: Ministers paint bleak outlook for auto industry

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French automotive suppliers may need help from local authorities as the industry continues to struggle into next year, according to government ministers. Full story...
Nov
1st

INDIA: Carmakers continue to hit new highs

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Maruti Suzuki and Hyundai, India's two top selling car brands, posted record sales in October as a strong economy continued to bring consumers into showrooms to buy new models ahead of the religious festival season. Full story...
Nov
1st

COMMENT: EV uncertainties don’t remove the need for them

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There was an interesting study from JD Power last week that examined consumer attitudes to hybrids and electric vehicles. It pretty much confirmed what a lot of people in the industry have long known: that these vehicles will not make it to mainstream car buyers in the foreseeable future. Full story...
Nov
1st

CHINA: Chongqing ups its image with new logo

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Chongqing Changan Automobile is the latest Chinese carmaker to undergo an image makeover, unveiling a new logo for its passenger car business. Full story...
Nov
1st

Nissan China JV raises 2012 sales target by 50%

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Nissan's China venture raised its 2012 sales target by 50 percent to 1.5 million vehicles, a senior executive said, as it keeps ramping up capacity in the world's largest auto market. Full story...
Nov
1st

Korea, India carmakers see strong Oct. sales, Japan hit

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Korean and Indian car makers posted strong sales in October while their Japanese rivals saw double-digit declines in domestic sales, underscoring how emerging market producers are gaining ground globally. Full story...
Nov
1st

Korea, India car makers see strong Oct sales, Japan hit

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South Korean and Indian car makers posted strong sales in October while their Japanese rivals saw double-digit declines in domestic sales, underscoring how emerging market producers are gaining ground globally. Full story...
Nov
1st

Renault Espace facelift details

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Prices and specs confirmed for Renault’s mildly-facelifted Espace MPV.


Full story...
Nov
1st

CHINA: Audi announces EV partnership with university

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Volkswagen luxury car unit Audi, which has a long-standing automaking joint venture in China, at the weekend announced a new electric vehicle partnership with Tongji University. Full story...
Nov
1st

Chrysler seeking bank loans before possible stock sale in 2011

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Chrysler has contacted banks to see whether they may lend money to the company before a possible initial public offering next year, two people familiar with the effort said last week. Chrysler owes the U.S. and Canadian governments $7. Full story...
Nov
1st

VW CEO sees 30% chance Porsche merger will fail

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There is a 30 percent chance that investors holding preferred shares in Porsche SE may not be able to swap their stock for equity in Volkswagen, according to VW CEO Martin Winterkorn. Full story...
Nov
1st

For GM and its stock offer, the government is a back-seat driver

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The Obama administration and General Motors executives say the White House has stayed good to its pledge to refrain from meddling in the day-to-day management of GM. Full story...
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