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Aug
13th

VW posts slowest monthly sales growth for 2010

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Volkswagen AG warned that business is becoming "difficult" after reporting its weakest monthly growth rate so far this year. The world's third-largest carmaker said on Friday it had delivered 572,200 vehicles in July, up 2. Full story...
Aug
13th

INDIA: Mahindra’s Ssangyong deal could be signed in weeks

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Mahindra & Mahindra's proposed takeover of Ssangyong Motor could be inked within weeks following news the Indian automaker was the preferred bidder. Full story...
Aug
13th

CHINA: Dongfeng plans CNY3bn green vehicle spend

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Dongfeng Automobile plans to invest CNY3bn (US$442.9m) to develop and build up capacity for green vehicles over the next five years, a Chinese media report said on Friday. Full story...
Aug
13th

SOUTH KOREA: GM Daewoo urges suppliers to expand globally

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GM Daewoo Auto & Technology has called in its South Korean suppliers for key quality talks aimed at achieving zero defects in new products such as the Alpheon luxury sedan. Full story...
Aug
13th

RUSSIA: Putin pushes new sat nav system

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Russia's own satellite navigation system - a new competitor to the US Global Positioning System (GPS) - is likely to get a competitive edge in its domestic market under a plan by prime minister Vladimir Putin to tax rival systems. Full story...
Aug
13th

GOLDING’S TAKE: Want to buy some General Motors shares?

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Governments owning shares in GM will be offering them for sale any minute now. The American people want it off the books as fast as possible and who can blame them? There is a window of opportunity because car demand and equity demand are both reasonably strong. They could weaken any day. Full story...
Aug
13th

A greener Rolls-Royce?:

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Are Rolls-Royce customers ready for a hybrid? How about diesel? Full story...
Aug
13th

West Coast Summer Concours spotlights BMWs:

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Fans of German sheetmetal congregated at the West Coast Summer Concours, Legends of the Autobahn, on a breezy Friday afternoon in Carmel Valley, Calif., as part of vintage car week. Full story...
Aug
13th

Peugeot 508

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We get exclusive access to elegant new Mondeo challenger
Full story...
Aug
13th

Magna eyes battery deal with Mitsubishi, report says

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Canadian-Austrian car parts supplier Magna International Inc. is in advanced talks to build a joint battery plant for electric cars with Japan's Mitsubishi Motors Corp., an Austrian newspaper reported on Friday. Full story...
Aug
13th

Geely drops plan to buy control of London cab maker

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Geely Automobile Holdings Ltd. won't proceed with a plan to buy control of London black cab maker Manganese Bronze Holdings Plc., the company said in a statement to the Hong Kong stock exchange Friday. Full story...
Aug
13th

GM board, seeking to boost IPO, pressed Whitacre to either go or stay for years

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GM's board and bankers pressed CEO Ed Whitacre to either leave the automaker or commit to stay for years more to help them sell investors on the company's initial public offering, three people with direct knowledge of the talks said Thursday. Full story...
Aug
13th

GM board, seeking to boost IPO, pressed Whitacre to either go or stay for years

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General Motors Co.' Full story...
Aug
13th

New GM chief pledges to stay the course

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In tapping longtime telecom executive Daniel Akerson as its next CEO, succeeding Ed Whitacre, GM directors are intent on keeping the automaker on the same, new course a year after it exited U.S. bankruptcy. Full story...
Aug
13th

GM’s outsider CEO opens door to new outsider

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Dan Akerson arrives at General Motors Co. as CEO with the same mandate given his predecessor just eight months ago: Bring new leadership to an automaker still struggling with the legacy of its government bailout. Full story...
Aug
13th

Former task force chief Rattner says GM IPO earlier than people would like

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GM's planned IPO may be 'a tad earlier than people would like,' said the former head of President Barack Obama's automotive task force. Full story...
Aug
13th

Volvo creates a ‘team’ to handle advertising

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Two weeks after its ownership changed hands from U.S. car giant Ford to Chinese powerhouse Geely, Volvo is restructuring its ad agency relationships to mimic what other global auto manufacturers have: a dedicated unit to serve its marketing needs. Full story...
Aug
13th

IRL: IndyCar drivers forms new association

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Similar to what exists in Formula One with the GPDA (Grand Prix Drivers' Association), drivers of the IZOD IndyCar series have decided to form a new association spearheaded by Dario Franchitti, Justin Wilson and Tony Kanaan Full story...
Aug
13th

Jaguar to unveil Limited Edition XKR175 at Pebble Beach

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MAHWAH, N.J. - Jaguar celebrates its 75th anniversary today with the debut of the limited edition 2011 Jaguar XKR175 Coupe at the McCalls Motorworks Revival at the Monterey Jet Center during the Pebble Beach Automotive Weekend. This is the first appearance of the exclusive sports car in North America. Full story...
Aug
13th

F1: Gerhard Berger says Michael Schumacher tactics commonplace in past

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Gerhard Berger says Michael Schumacher's defensive driving in Hungary earlier this month was a blast from the past. Full story...
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