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Oct
11th

GM employees, retirees get shot at IPO shares

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GM is giving about 600,000 employees and retirees in the United States and Canada the chance to buy stock in the company's upcoming initial public offering at the IPO price. Full story...
Oct
11th

Buick-GMC considers loaner cars to build brand awareness

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General Motors Co.'s GMC and Buick, the fastest-growing brand in the U.S. this year, are considering a courtesy loaner program for customers getting warranty service on their vehicles to build awareness of the company's products. Full story...
Oct
11th

Porsche bans employee access to social media to prevent espionage

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Porsche AG is blocking employees' access to social-networking platforms such as Facebook Inc. and Xing to shield the sports-car maker from industrial espionage. Full story...
Oct
11th

Porsche bans employee access to social media to prevent espionage

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Porsche AG is blocking employees' access to social-networking platforms such as Facebook Inc. and Xing to shield the sports-car maker from industrial espionage. Full story...
Oct
11th

Mercedes-Benz recalls 85,000 models for possible steering failure:

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Mercedes-Benz will recall about 85,000 of its 2010 and 2011 models for a potential power-steering failure, the company said on Monday. Full story...
Oct
11th

Mercedes-Benz recalls 85,000 vehicles for possible steering failure:

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Mercedes-Benz will recall about 85,000 of its 2010 and 2011 vehicles for a potential power-steering failure, the company said on Monday. Full story...
Oct
11th

GM gets same credit rating as Ford from Moody’s

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General Motors Co. was given the same credit rating by Moody's Investors Service as Ford Motor Co., citing the largest U.S. automaker's low costs and position in the global vehicle market. Full story...
Oct
11th

2010 Cadillac CTS-V sedan

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2010 Cadillac CTS-V sedan
2010 Cadillac CTS-V sedan - Editor's Notebook - Automobile Magazine
The lovely exhaust note and the mountains of horsepower are quick to bring a smile.

The stick-shift CTS-V coupe that we had in the office recently was great fun, but the V sedan is certainly no slouch either. And its increased practicality almost makes up for its decreased sexiness (although I think the sedan might look a bit meaner). That lovely exhaust note and the mountains of horsepower are quick to bring a smile. The paddle buttons to manually control the transmission aren't all that satisfying, but when left in regular mode or bumped over to the Sport setting, the automatic trans does very nice work indeed. The steering is excellent, too, and I love the optional Alcantara-covered wheel.


Photo Gallery: 2010 Cadillac CTS-V sedan - Editor's Notebook - Automobile Magazine


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Oct
11th

A new name for the Chevrolet Aveo, and the Aston Martin Cygnet will go into production, in News Brake for Oct. 11:

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In today's News Brake: The Chevrolet Aveo might get a new name, the 2012 Nissan Versa will come to the United States, and the Aston Martin Cygnet prepares for production . . . But Wait, There's More! Full story...
Oct
11th

Next-generation Nissan Versa coming to U.S. market

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The next-generation Nissan Versa will be sold in the United States, the company announced today. A sketch released shows a more sculpted and lined compact than the current car. Full story...
Oct
11th

Chevy Volt Surprise

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Chevy Volt Surprise
Chevy Volt Surprise - Automobile Magazine
Hybrid electric bait and switch.

Cleanse your mind of what you think you know about the Chevy Volt. It is not just an electric car. It does not operate as implied by GM for the past three years. Now that production has begun and customer deliveries are about to commence, the secrets are out. A true explanation of exactly what makes the wheels turn can finally be told.


Photo Gallery: Chevy Volt Surprise - Automobile Magazine


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Oct
11th

COMMENT: Renault’s EV supermarket deal the first of many?

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Today's news from Renault it is to co-operate with French supermarket chain E Leclerc for charging infrastructure is surely the first of many such tie-ups in the pipeline. Full story...
Oct
11th

SPAIN: Government plugs EUR170m into electric car sector

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Spain's government will invest EUR168m next year to help subsidise electric car sales in the country, according to industry, tourism and commerce sub-minister Amparo Fernandez Gonazelez. Full story...
Oct
11th

Next-gen Nissan Versa coming to U.S. :

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The next-generation Nissan Versa will be sold in the United States, the company announced on Monday morning. Full story...
Oct
11th

THAILAND: New Fiesta boosts Ford September sales

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Boosted by what it called "exceptional demand" for the Fiesta, Ford Thailand announced overall September sales up 114% to 1,520 units. This was the local operation's best monthly performance since December 2007. Full story...
Oct
11th

Formula Drift: Foust wins final round, Gitten Jr. wins championship:

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Drifting is still drawing them in. Full story...
Oct
11th

ARGENTINA: Ternium, Nippon Steel sign Mexico joint venture

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Nippon Steel, the world's second largest steelmaker, and Latin America's Ternium have confirmed details of a deal inked to form a joint venture in Mexico, mainly to supply Japanese carmakers there. Full story...
Oct
11th

JAPAN: Suzuki soars on production shift report

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Suzuki Motor shares soared almost 5% after a newspaper reported it planned to shift part of its engine production abroad due to the strong yen. Full story...
Oct
11th

JAPAN: Honda Fit/Jazz passes sales milestones

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Japanese market cumulative sales of Honda's Fit [Jazz] passed the 1.5m unit mark at the end of September 2010, since the introduction of the first-generation model in June 2001 while over 3.5m have been sold worldwide. Full story...
Oct
11th

Revealed: New baby Ford

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Global city car re-interprets original Ka, eco engines, hi-tech spec and endless personalisation options


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