The Greek sovereign debt crisis may impact automakers through its effect on the euro and the availability of credit, Daimler CEO Dieter Zetsche said.
Toyota Australia has reported a net loss after tax of A$13.2m for the 12 months to 31 March 2011.
Europe's association of automotive suppliers (CLEPA) is calling on Saab to voluntarily declare itself bankrupt to allow employees the chance to secure state aid.
PSA Peugeot Citroën and University of the Mediterranean on Friday (24 June, 2011) signed an agreement in Marseille to create an OpenLab joint laboratory to conduct research on human movement sciences and their application to the automotive industry.
The third generation Toyota Avensis, built only at Toyota Motor Manufacturing United Kingdom (TMUK) in Derbyshire, UK, is to be exported to Japan in estate (wagon) form, following the previous generation, shipped to Japan since autumn 2003, 'home'.
Four-door version of hardcore GTS revealed

PSA and Renault may fall further behind European competitors as the carmakers bow to French government pressure to protect jobs ahead of next year's presidential election.
Volkswagen's Brazil unit is investing 120 million euros in the construction of two hydropower plants, which will have will have a total output of 48.3 megawatts a year.
Toyota announces plans to export British-built Avensis to Japan from July

Powertrain specialist Mahle secured EU approval on Friday to boost its stake in engine cooling and air conditioning company Behr. Mahle said in March that it wanted to raise its holding in Behr to more than 50 percent by January 2013.
Pang Da Automobile board secretary Wang Yin said the China car dealer hasn't changed its plan to buy a stake in Swedish Automobile, the owner of Saab. "There's no change to our previous plan," said Wang in a phone interview.
Volkswagen faces resistance to efforts to forge a commercial-vehicle alliance between its Scania affiliate and MAN SE, as criticism from workers and investors to the automaker's inroads intensifies.
PSA aims to provide an environmentally friendly car to each of its customer segments, its CEO told an car conference on Thursday. "The objective we have to offer an eco-friendly solution to each segment of customers," Philippe Varin said.
Here's yet another limited-production variation of BMW's M3 high-performance sports car. CRT stands for Carbon Racing Technology, and the car marks the worldwide debut of BMW's new production process for carbon-fibre reinforced plastic (CFRP) components in automobiles.
Sauber managing director Monisha Kaltenborn on Friday said there is no doubt Sergio Perez will race this weekend in Valencia.
Fernando Alonso finishes on top at Valencia with his Ferrari ahead of Lewis Hamilton and his McLaren.
Mike Gascoyne has vowed to end his career with Team Lotus.
A dark cloud of uncertainty has gathered above preparations for the 2012 US grand prix in Austin.
An off-the-record Adrian Newey was furious on Thursday as the big topic in Valencia was the FIA's mid-season clampdown on blown exhausts.
F1 engine supplier Renault is happy with the new engine rules for 2014, despite recently threatening to quit if four-cylinder rules did not debut a year earlier than that.