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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...
Nov
17th

GM IPO bodes well for Chrysler, Marchionne says

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The success of GM's IPO bodes well for Chrysler's planned share sale, Chrysler CEO Sergio Marchionne said. Full story...
Nov
17th

Chrysler unveils list of Fiat’s first 130 U.S. dealerships

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Chrysler Group today released a list of 130 dealerships that have received letters of intent to get Fiat franchises. Full story...
Nov
17th

Pininfarina could exit its EV venture by year end

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Even as it was phasing out its other vehicle assembly operations, Pininfarina had hoped to specialize as a producer of electric cars. Full story...
Nov
17th

Saab challenges BMW, Audi with 9-4X crossover

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Saab is challenging BMW AG and Audi AG with its first crossover, which will be displayed today at the Los Angeles auto show. Full story...
Nov
17th

EV maker Think starts sales and distribution blitz

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Tiny Norwegian electric car maker Think is trying to turn its biggest weakness into a strength. 'The real opportunity for us is to accelerate our capabilities on the sales and distribution front,' new Think CEO Barry Engle said. Full story...
Nov
17th

Russia may follow China in autos MandA

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Indian and Russian companies may follow China's lead in doing overseas deals to help grow their automotive industries, Meyrick Cox of Moelis and Co told the Reuters Global Autos Summit in London. Full story...
Nov
17th

Fisker to sell in China, open to partner from Europe, Asia or U.S.

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Fisker Automotive is negotiating a deal to sell its Karma electric car in China and remains open to partnerships with larger rivals, CEO Henrik Fisker said. Full story...
Nov
17th

VW’s Seat to have new randd chief

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Seat named Matthias Rabe as its new randd chief. He replaces Frank Bekemeier, who will head VW Shanghai product development. Full story...
Nov
17th

Fiat, Ford lead monthly sales decline in Europe

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Fiat, Volkswagen, Ford, Opel/Vauxhall, Renault and PSA all saw steep declines in their European new-car sales in October as the region's auto market fell by 16.1 percent. Full story...
Nov
17th

2010 LA Auto Show: Nissan Ellure Concept, 2011 Murano CrossCabriolet, 2011 Quest and 2012 GT-R

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Nissan kept the new Ellure Concept heavily under wraps until its debut at the LA Auto Show today. Details on the concept vehicle were scant to non-existent - the only information that the Japanese carmaker has released is that it will be "a sedan notable for its innovation". Full story...
Nov
17th

2010 LA Auto Show: Saab 9-4X and 9-3 ePower Concept

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There's a lot riding on the shoulders, er, fenders of the 9-4X. Since Saab split from GM, the crossover debuting today in LA is only the second release for the now Spyker-owned company. Built on the new Cadillac SRX platform, the 9-4X will feature a 265-hp, 3.0-litre V6 or a 300-hp, turbo 2.8-litre V6 underhood and an available Haldex all-wheel drive system. It will share similar design cues with the 9-5 sedan, and features a well-appointed cabin. Full story...
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