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Jun
13th

SOUTH KOREA: Imports grow in popularity

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South Korean customers are downsizing and the country's importers and distributors expect small vehicles with low engine displacement to account for 50% by the end of the year.
Jun
13th

FRANCE: Government secures assurances concerning Aulnay

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French Industry Minister Eric Besson said he had been reassured by undertakings by PSA Peugeot Citroen that the carmaker has no plans to close factories in the country.
Jun
13th

GERMANY: Merkel asks GM for Opel clarification: report

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German Chancellor Angela Merkel has asked General Motors to outline the future of its Opel division according to media reports.
Jun
13th

Audi unveils R8 GT Spyder

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Audi chooses Le Mans 24 Hour race to unveil drop-top version of its flagship R8, the new GT Spyder.


Jun
13th

Le Mans 24 Hours gallery

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It was a weekend of thrills and spills at the Le Mans 24 Hours and Auto Express was there to soak up the atmosphere.
Jun
13th

Audi wins Le Mans 24 Hours

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German firm loses two cars and holds off Peugeot's challenge to secure 10th Le Mans win


Jun
13th

Mitsubishi predicts higher output despite quake shutdowns

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Mitsubishi Motors Corp. is the latest Japanese automaker to predict it will finish the year with higher output despite shutting plants after the March earthquake in Japan.
Jun
13th

Saab signs production, distribution deal with second China partner

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Saab has agreed to China's Youngman taking an equity stake in the company as part of a distribution and manufacturing joint venture in China.
Jun
13th

Saab signs production, distribution deal with second China partner

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Saab has agreed to China's Youngman taking an equity stake in the company as part of a distribution and manufacturing joint venture in China.
Jun
13th

£500m keeps MINI in the UK

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Cash injection has secured British MINI jobs.
Jun
13th

CHINA: Youngman to build cars for Saab

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Spyker Cars, Saab Automobile, Pang Da Automobile and Zhejiang Youngman Lotus Automobile (Youngman) have signed a non-binding memorandum of understanding (MoU) for the manufacture and distribution of cars in China.
Jun
13th

Mitsubishi forecasts 28% rise in full-year net income

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Mitsubishi forecasts full-year profit may rise 28 percent on higher overseas sales.
Jun
13th

Chipmaker Infineon to keep cash for acquisition opportunities

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Infineon Technologies, Europe's second largest maker of semiconductors, will keep some of its more than 2 billion euros ($2.9 billion) in net cash for opportunistic acquisitions in its three main businesses.
Jun
13th

Daimler likely to retain Maybach brand if right partner is found

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Daimler is likely to keep its slow-selling ultraluxury Maybach brand if a partner is found. The company will make a decision by June 30, CEO Dieter Zetsche said
Jun
13th

Bosch is wary of EV battery cost but sees opportunity

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The high cost of batteries will slow the growth of EVs and plug-in hybrids this decade, says Robert Bosch.
Jun
13th

Sales, randd spending bounce back for top global suppliers

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In March 2010, Robert Bosch GmbH spent 600 million euros, or about $816 million, to expand a factory in Germany for fabricating integrated circuits and related parts. It was the largest single investment in Bosch history.
Jun
13th

CAR study merits scrutiny during CAFE talks

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The new fuel economy study by the nonprofit Center for Automotive Research comes at an auspicious time, as the Obama administration seeks to establish corporate average fuel economy standards for the 2017-25 model years.
Jun
13th

Lincoln’s $1 million makeover ultimatum

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Ford is turning up the heat on Lincoln dealers to spend at least $1 million to renovate showrooms within the next two years. Ford expects stand-alone Lincoln dealers to spend an average of $1 million on renovations, dealers say.
Jun
13th

The race is on: New contenders for global crown

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The battle for global supremacy among automakers is going to be a dogfight. It has been a two-company race this century. In 2007, Toyota Motor Corp. ended General Motors' decades-long reign as global sales leader.
Jun
13th

F1: Team Lotus confirms wind tunnel deal with Williams F1

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Team Lotus has confirmed late Monday that it is expanding its wind tunnel operations, having confirmed a deal with Williams F1 to use one of the Grove based team's two wind tunnels from September 2011.
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