Auto News 5

In this month's management briefing series we take a look at prospects for the auto industry in 2011. Dave Leggett surveys major market forecasts, prospects for companies and reveals the results of a survey of just-auto's global readership. This second instalment considers prospects for China's vehicle market. Full story...

EDITOR WES RAYNAL: A Kia Sorento was never really on my radar screen. In fact, I couldnand#8217;t say for sure whether Iand#8217;ve ever driven one before.

Renault is strenuously denying it told one of its sacked senior executives he could "keep the money and go" as the industrial espionage affair continues to grip France. Full story...

Noble reveal official pictures and details of its new £200,000 M600 supercar.

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Noble reveal official pictures and details of its new £200,000 M600 supercar.

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Ford booked 2010 pretax operating profit of $US8.3bn, up exactly that amount year on year, on revenue up $17bn to $120.9bn. Net income was up $3.8bn to $6.6bn ($1.66 a share). A drink, Mr Mulally? Full story...

Hyundai Motor affiliate Kia Motors saw its sales and profits reach record highs in 2010, fueled by massive improvements in sales both at home and overseas. Full story...

The C-segment Focus is only a mid-sized car but is a Really Big Thing for Ford. For a start, it is will be a talisman for Alan Mulally's mission to cement his beloved 'One Ford'. This is another car that can and will sell everywhere - a trick that so far has been pulled off only by Japanese and German car makers. Squaring the needs of Basildon and Houston in the same mainstream mid-sizer is a class act if you can pull it. Mullally goes further. The Focus will be on 120 markets worldwide. Full story...

Ford said fourth-quarter profit fell 79 percent as its European operations reported a $51 million loss, missing the company's expectations because of lower market share and higher costs. Ford reported a $253 million profit from Europe a year earlier. Full story...

First pictures of saloon and estate versions of Merc's M3-killer released.

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General Motors Co. has taken a big step away from the stigma of its government bailout, just as its smaller rival Chrysler Group LLC furiously lobbies Washington for $3 billion in subsidized loans. Full story...

Alfa Romeo, Brazil and light commercial vehicles were the unit-sales bright spots for Fiat in 2010, but strong gains from all three could not stop an overall decline of 3.2 percent to 2,082,000 units last year. Full story...

Ford booked 2010 pretax operating profit of $US8.3bn, up exactly that amount year on year, on revenue up $17bn to $120.9bn. Net income was up $3.8bn to $6.6bn ($1.66 a share). A drink, Mr Mulally? Full story...

VW may bring back the Scirocco coupe and Phaeton sedan to the U.S. as it aims to triple sales in the world's second-largest car market. VW targets sales of 1 million vehicles in the U.S. by 2018 to close the gap with Toyota and GM. Full story...

Ford today posted a $6.56 billion profit for 2010, its highest annual net income in more than a decade, fueled by improved products and pricing. Full story...

Fiat-Chrysler will increase sales by 12 percent to more than 4 million vehicles this year, Sergio Marchionne, who is CEO at both automakers, said Thursday. This year Marchionne expects Fiat S.p.A. to sell between 2.2 million and 2. Full story...

Mazda is to start supplying Nissan with its recently redesigned Premacy (5) minivan in Japan from May this year. Full story...

Volkswagen has laid the foundation stone for its new engine plant in Silao, Mexico, which will supply vehicle plants in North America with up to 330,000 engines per year from 2013. Full story...

The German automotive industry is facing supply shortfalls because of the burgeoning demand, primarily in China, reported Financial Times Deutschland. Full story...

General Motors says it expects to triple its sales in India to 300,000 units over the next two years launching six new models into the market by 2013. Full story...