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May
10th

China car sales rise 2.8% in April as market cools

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Car sales in China rose 2.8 percent in April, marking the third consecutive month of single-digit growth as the world's largest auto market cools after years of frantic expansion.
May
10th

JAPAN: Toyota to standardise plug-in technology

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Toyota will make plug-in technology standard in its popular Prius hybrid car from 2014 according to Japan's Nikkei business daily.
May
10th

UK: Vauxhall Ellesmere Port chief calls for greater domestic supply emphasis

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Vauxhall is calling for greater emphasis on the UK supply base as it sees increasing demand for its Astra models creating further work and employment at the Ellesmere Port factory.
May
10th

Subaru appoints sales specialist as new global president

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The maker of Subaru-brand cars has tapped a marketing and sales specialist to be the company's new president and lead global automotive operations in the post-quake era.
May
10th

Subaru Tribeca, Mazda6 on the chopping block, report says

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Two U.S.-built Japan-brand vehicles may soon get the ax. The Subaru Tribeca SUV and Mazda6 mid-sized sedan will be discontinued as their manufacturers seek to improve the efficiency of U.S. assembly plants, a Japan newspaper says.
May
10th

INDONESIA: VW to build plant by end 2011

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Volkswagen plans to begin construction of a new car assembly plant in Indonesia by the end of 2011, according to government industry minister MS Hidayat.
May
10th

INTERVIEW: Vauxhall’s Ellesmere Port plant director Tony Francavilla

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While speculation continues over European production of General Motors' Ampera, the head of Vauxhall's Ellesmere Port plant near Liverpool, the only source of the Astra Sports Tourer, sees the factory in pole position.
May
10th

Shanghai Volkswagen plans luxury sedan

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Shanghai Volkswagen, a joint venture between SAIC Motor and Volkswagen, plans to develop a luxury sedan for the Chinese market.
May
10th

Saab faces questions from Sweden over change in ownership

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Saab has been asked by Sweden's debt office to fill in gaps in its latest rescue plan to raise much-needed funds through a proposed change of ownership.
May
10th

Saab faces questions from Sweden over change in ownership

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Saab has been asked by Sweden's debt office to fill in gaps in its latest rescue plan to raise much-needed funds through a proposed change of ownership.
May
10th

JAPAN ‘QUAKE: Philippines sales drop 4.5% in April

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Vehicle sales in the Philippines fell by 4.5% to 11,816 units in April, from 12,374 units a year earlier, according to the Chamber of Automotive Manufacturers in the Philippines (CAMPI).
May
10th

INDIA: New vehicle sales slow as interest rates increase

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India's new car sales grew at their slowest pace in nearly two years in April, according to industry data, as price increases and costlier loans kept buyers away.
May
10th

UK: JLR seeks partner for China

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Jaguar Land Rover is seeking a partner in the fast-growing Chinese market as it ploughs more than US$8.2bn into developing new vehicles over the next five years.
May
10th

VW Golf GTI Edition 35

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New special edition celebrates 35 years of the Golf GTI with a power upgrade and visual tweaks


May
10th

AvtoVAZ stock climbs for 2nd day as carmaker returns to profit in 2010

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AvtoVAZ's shares gained for a second day after Russia's largest automaker returned to profit last year thanks mainly to a government-backed car scrapping program.
May
10th

Fiat has options to boost Chrysler stake to more than 70%

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Fiat has options to increase its stake in Chrysler Group LLC to more than 70 percent as the U.S. government seeks to exit its investments in the auto industry. Fiat may buy the U.S.
May
10th

Toyota sticks to year-end target for resuming full output

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Toyota said it will try to resume full production as soon as possible following Japan's March 11 quake, but insisted it is sticking to an earlier estimate that normal output will not resume until November or December.
May
10th

BMW to invest 1 billion euros in China to tap Asia growth

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BMW said it will invest around 1 billion euros ($1.44 billion) to expand production capacity in China as it seeks to capture surging sales growth in the world's biggest auto market.
May
10th

Daimler partner BYD gets China OK for share sale

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Daimler's EV partner in China, BYD, won regulatory approval for a share sale on the Shenzhen exchange to fund its expansion in the world's biggest vehicle market.
May
10th

Jaguar Land Rover launches $1.67 bln senior notes offering

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Jaguar Land Rover said on Monday it launched a 1 billion pound ($1.67 billion)-equivalent pound and dollar denominated senior notes offering and plans to partly use the proceeds to refinance debt.
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