Auto News 5

Well, June 2010 has already become part of history and for everyone concerned, that's a good thing. Why for everyone? Simple, those that have had a great first half of 2010 are looking forward to the next six months and those that have done very poorly, are hoping that the next half-dozen months will be better. See? Full story...

Korea Auto Valley Operation (KAVO) has issued a press release on Tuesday that reaffirms that completion of the Korea International Circuit (KIC) is on schedule. Full story...

Zeewolde, the Netherlands - Spyker Cars N.V., manufacturer of premium automobiles under the Saab and Spyker brands, today confirmed it has paid the second and final instalment of the purchase price for Saab Automobile AB (''Saab'') to General Motors (''GM''). Full story...

The 45 teams entered for the 33rd Edition of the Rallye Baie des Chaleurs, third round of the Canadian Rally Championship, will have to mind their wounds when they return home from their Gaspe Peninsula trip. Full story...

The second generation fortwo, introduced in the 2008 model year, is already up for a facelift. That's quite surprising given that the first-gen fortwo went almost 10 years with little in the way of changes. The game-plan then was to introduce special editions and concepts on a regular basis in order to maintain interest. This time around and as competition grows around the World in the micro-car segment, Mercedes has decided, wisely we would add, to keep the diminutive car fresh and interesting. Full story...

In a departure from the norm of keeping new cars under wraps till their official launch, Indian manufacturers now not only showcase upcoming cars aggressively but also accept orders in advance. Full story...

The tides are turning as Ford cuts its prices, and other manufacturers look set to follow.

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Bank Holiday fun promised for LANDROVERmax! Festival 2010.

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The Belgian Federation of Car Industries (Febiac) said new car registrations last month rose 23.2% to 53,827 units. Full story...

Toyota is recalling 270,000 Lexus models and the Toyota Crown because faulty valve springs might cause engine stalling. Full story...

Daimler's luxury car brand Mercedes-Benz enjoyed a record June sales month thanks to rising demand for its most expensive models, and expects the marque to post a considerable rise in the current quarter. Full story...

Estate version of stylish S60 breaks cover.

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Chevrolet will build 10,000 Volts by the end of the 2011 calendar year and an additional 30,000 during the 2012 calendar year, the model's marketing director Tony DiSalle has confirmed. Full story...

Toyota Australia has growth in its full year profit before tax on the back of stronger than expected demand in the second half of the year. However, it slipped to a loss after tax for the full year. Full story...

Record monthly sales in June rounded off a strong mid-year tally in Australia. Full story...

New design direction previewed by stunning electric concept car.

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European Aeronautic Defence and Space Co.'s succession plan for CEO Louis Gallois isn't on the agenda of the manufacturer or at shareholder Daimler AG, the companies said. Full story...

Ford China booked record first-half sales of 301,524 units, up 53% from a year ago. Full story...

Toyota will recall Lexus cars sold in Japan and in China after saying engines in up to 270,000 vehicles worldwide may have a defect that can lead to stalling. Full story...

Toyota will recall Lexus cars sold in Japan and in China after saying engines in up to 270,000 vehicles worldwide may have a defect that can lead to stalling. Full story...