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Aug
5th

NEW ZEALAND: Used imports up, new cars down

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Used car imports of 7,893 - up 28.1% year on year - as usual outpaced New Zealand new car registrations of 4,446 in July, down 0.6%, the New Zealand Transport Agency said on Thursday. Full story...
Aug
5th

US: Hyundai mulls US capacity boost

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Hyundai Motor already has severe capacity constraints at its Alabama plant and is preparing to announce plans to add US production capacity, its top local executive said. Full story...
Aug
5th

Tata seeks Ratan’s replacement to run Jaguar

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Tata is searching for a successor to Chairman Ratan Tata, whose acquisitions of Jaguar Land Rover and Tetley Group Plc charted India's emergence as a global economic power. Full story...
Aug
5th

Webasto to buy Karmann’s North American convertible roof business

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Webasto Group has agreed to buy the North American convertible roof business of bankrupt supplier Wilhelm Karmann GmbH. Full story...
Aug
5th

Vauxhall introduces lifetime warranties

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New car first owner gets cover up to 100,000 miles on any new Vauxhall.


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Aug
5th

SOUTH KOREA: Hyundai India passes 3m mark

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Hyundai Motor India's (HMI) cumulative production and sales has passed the 3m mark, parent Hyundai Motor said on Thursday. Full story...
Aug
5th

BMW using more aluminum to cut vehicle weight

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To help reduce vehicle weight aluminum is becoming more important for German automaker BMW and its use of the metal has grown steadily in recent years, the company said. Full story...
Aug
5th

INDIA: M&M seen making $400m Ssangyong bid

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Mahindra & Mahindra is expected to make a bid for up to US$400m to acquire cash-strapped SUV specialist Ssangyong Motor, three sources with direct knowledge of the matter told Reuters on Thursday. Full story...
Aug
5th

US: Tesla posts increased Q2 loss

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Tesla Motors has posted a deeper second quarter loss of US38.5m compared to US$29.5m in the same period last year. Full story...
Aug
5th

CHINA: Sales rise at two key automakers

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Two Chinese automakers booked healthy sales rises for the year to date. Chongqing Changan Automobile said on Thursday its total sales for the first seven months of this year rose 40% year on year to 1.07m units. Full story...
Aug
5th

BMW sees more than 30% rise in 2010 China sales

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Germany's luxury carmaker BMW expects its China car sales to rise more than 30 percent this year, boosted by the country's robust economic growth, its China chief said on Thursday. Full story...
Aug
5th

Ford celebrates sales success

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Fiesta tops the sales charts as Ford remains UK top seller in 2010.


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Aug
5th

US Ex-Im Bank to unveil Ford loan guarantee

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The U.S. Export-Import Bank will unveil a loan guarantee on Thursday for Ford Motor Co that will finance $3.1 billion in sales of cars and trucks to customers in Canada and Mexico, a White House official said. Full story...
Aug
5th

U.S. Export-Import Bank readies Ford loan guarantee

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The U.S. Export-Import Bank said today it approved a loan guarantee for Ford Motor Co. to finance $3.1 billion in exports of cars and trucks to customers in Canada and Mexico. Full story...
Aug
5th

JAPAN: Honda sees no China strike impact

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Honda Motor does not expect any impact on earnings for the July-September quarter from labour disputes in China. Full story...
Aug
5th

UK: New registrations fall 13% in July

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New UK car registrations fell 13.2% in July, following 12 successive monthly rises, although the market remains up 15.1% during the first seven months of 2010 compared to 2009 Full story...
Aug
5th

UK new car registrations fall for first time in 12 months

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New car registrations in Britain fell for the first time in a year in July, by 13.2 percent compared with a year ago, the Society of Motor Manufacturers and Traders said. Full story...
Aug
5th

2011 Shelby GT500 Coupe

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2011 Shelby GT500 Coupe
2011 Shelby GT500 Coupe - Editor's Notebook - Automobile Magazine
For 2011, the Shelby GT500 is just plain awesome.

For 2011, the Shelby GT500 is just plain awesome. Really, it was awesome last year too. But now it's 200 pounds lighter than the 2010 model, thanks mostly to an aluminum engine block, and has 10 more horsepower squeezed out of the blown 5.4-liter V-8. The powerplant now makes an unbelievable 550 hp -- 45 more than a Chevrolet Corvette Z06.


Photo Gallery: 2011 Shelby GT500 Coupe - Editor's Notebook - Automobile Magazine

Photo Gallery: 2011 Shelby GT500 Coupe - Editor's Notebook - Automobile Magazine


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Aug
5th

India’s Maruti may make cars for VW, reports say

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India's Maruti Suzuki may manufacture cars for Volkswagen's global market on a contract basis, newspapers said, citing Maruti's managing director. Full story...
Aug
5th

BMW to outstrip U.S. sales growth

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BMW expects to increase its U.S. market share and benefit from double-digit growth rates in U.S. auto industry sales over the next two years, North America President Jim O'Donnell said on Wednesday. He he is optimistic about the U.S. Full story...
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