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Nov
8th

VIEWPOINT: Valmet’s Karmann move underlines advance of retractable hard-tops

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Valmet Automotive is estimating it should receive regulatory approval for its acquisition of convertible roof specialist Karmann by year-end. We consider what it says about the convertible roof systems sector Full story...
Nov
8th

Range Rover’s MINI rival

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Sensational baby brother to Evoque targets Countryman, rugged looks, strong efficiency as brand grows further
Full story...
Nov
8th

UK: Spending review dents new car sales: RMI

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A rise in UK Value Added Tax (VAT) from 17.5% to 20% on 1 January next year may temporarily lift the domestic market, but could be offset by tough budgetary action from the coalition government says an insularity lobby group Full story...
Nov
8th

Siemens close to signing electric-car charging contract in China

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Siemens AG, Europe's largest engineering company, said it is close to signing a contract to supply a Chinese city with electric-vehicle charging infrastructure. Full story...
Nov
8th

Chrysler posts $239 million Q3 operating profit, raises forecast

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Chrysler Group posted an operating profit of $239 million in the third quarter and raised its outlook for the balance of the year in anticipation of stronger sales and improved operating performance. Full story...
Nov
8th

Chrysler posts $239 million Q3 operating profit, raises forecast

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Chrysler Group posted an operating profit of $239 million in the third quarter and raised its outlook for the balance of the year in anticipation of stronger sales and improved operating performance. Full story...
Nov
8th

Samsung SDI, Bosch win EV battery deal from Chrysler

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A joint venture of South Korea's Samsung SDI and Germany's Robert Bosch has won a contract to supply lithium-ion batteries for Chrysler's upcoming electric vehicle, the Fiat 500EV, Samsung said on Monday. Full story...
Nov
8th

CHINA: China BAK Battery says Chery has launched lithium-ion Ruilin M1 EV

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Global manufacturer of lithium-based battery cells China BAK Battery, has announced Chery Automobile, one of its major electric vehicle customers, has launched its first lithium-ion solution EV, Ruilin M1, powered by China BAK's lithium-ion phosphate batteries. Full story...
Nov
8th

UK: Aston Martin appoints new CFO

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Aston Martin has announced the appointment of Hanno Kirner to its newly-created position of Chief Financial Officer, based at the company's global headquarters in Gaydon, UK. Full story...
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

Mercedes: Nothing ‘stupid’ planned to top Lexus in luxury race

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Mercedes-Benz won't be 'stupid' in adding sales incentives to its cars as the company pushes to become the top-selling luxury brand in the U.S., an executive said. Toyota Motor Corp.' 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...
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

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

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

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...
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