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Mar
29th

Geely-Volvo deal financing totals $2.7 billion, sources say

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China's Zhejiang Geely Holding Group has lined up total financing of $2.7 billion to back its purchase of Ford Motor Co.'s Volvo car unit, sources said today. Full story...
Mar
29th

CHINA: Eaton invests in new engine valve facility

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Eaton has announced that it will expand its vehicle operations in China by investing in a new engine valve production facility in Jining City, Shandong Province. Full story...
Mar
29th

US: Scion’s new online ‘reality series’

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Toyota's youth brand Scion has launched a new cross-platform marketing campaign, "Reinvent The Wheels," a six episode web-exclusive video series. Full story...
Mar
29th

Mazda teams with Toyota, not Ford, on hybrids

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Mazda Motor Corp. today took another step toward independent product development, agreeing to lease hybrid drivetrain technology from fellow Japanese automaker Toyota instead of longtime U.S. partner Ford. Full story...
Mar
29th

UAW health care trust to sell Ford stock warrants

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The UAW retiree health care trust on Tuesday plans to auction Ford Motor Co. stock warrants for at least $1.27 billion, capitalizing on the automaker's share price rise to fund its plan. The trust received 362. Full story...
Mar
29th

Ford Focus RS500 revealed for Europe:

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We've been clamoring for the European Ford Focus, and the Blue Oval finally acquiesced. But no matter how hard we beg, the most sinister Focus in the world isn't coming to the United States. Full story...
Mar
29th

US: Chevrolet unveils Cruz Eco

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Chevrolet has unveiled its latest compact segment model in the 2011 Cruze Eco, a car it is marketing as being able to deliver the best fuel economy in its class. Full story...
Mar
29th

US: Chevrolet unveils Cruze Eco

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Chevrolet has unveiled its latest compact segment model in the 2011 Cruze Eco, a car it is marketing as being able to deliver the best fuel economy in its class. Full story...
Mar
29th

JAPAN: Toyota posts global sales up 13% in Feb

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Toyota says it sold 613,845 vehicles worldwide last month up, up 13% on the same month a year ago. Full story...
Mar
29th

US: GM recalls 5,000 vans on alternator fault

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General Motors Co is conducting a safety recall of about 5,000 heavy-duty Chevrolet Express and GMC Savana passenger and cargo vans and halting production and sale of the trucks until a fix for a suspected faulty alternator can be determined. Full story...
Mar
29th

Poisonous Prey: Hennessey reveals Venom GT supercar:

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Texas tuner Hennessey Performance is taking a page out of the playbook of Carroll Shelby--drop a huge American V8 into a lightweight British chassis. Full story...
Mar
29th

Hennessey reveals Venom GT supercar:

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Texas tuner Hennessey Performance is taking a page out of the playbook of Carroll Shelby--drop a huge American V8 into a lightweight British chassis. Full story...
Mar
29th

GOLDING’S TAKE: GM’s battery man is charged up

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The distinguishing characteristic of a new-generation electric car is the seamless, soaring acceleration from standstill. The performance of GM in getting the Chevy Volt out on the street is looking much the same. Full story...
Mar
29th

UK: Telematics ‘can reduce EV range anxiety’

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Research organisation Frost & Sullivan says that the introduction of telematics in electric vehicles (EVs) to provide point(s) of interest (POI) and alerts packages that make the user aware of the charging environment, can resolve range anxiety. Full story...
Mar
29th

BRAZIL: Fiat sees Brazil market growth this year

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Brazil's vehicle market is expected by Fiat to grow 3% in 2010, as the economy grows at the same pace. Full story...
Mar
29th

JAPAN: Toyota and Mazda agree hybrid tech licensing deal

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Toyota and Mazda have reached an agreement under which Toyota will license hybrid technology for use by Mazda. Full story...
Mar
29th

This week’s mag

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Fastest ever Focus revealed, Citroen's 'new 2CV' driven, Lamborghini LP570-4 tested, Hyundai iX35 meets its rivals


Full story...
Mar
29th

MEXICO: Ford starts production of small car DCT

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Ford has announced that the production of its new 'PowerShift' dual-clutch automatic transmission for the 2011 Ford Fiesta for North America has commenced. Full story...
Mar
29th

Mazda licenses Prius tech

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Toyota’s Hybrid Synergy Drive powertrain to underpin new Mazda due 2013


Full story...
Mar
29th

SOUTH KOREA: Hyundai Motor aims to make 1.7m vehicles this year

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Hyundai Motor has said that it aims to produce 1.71m vehicles domestically this year, the largest ever annual production figure for the group. Full story...
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