Auto News 5

News 1 Aug, 2012

Automotive artist PopBangColour has created a vinyl wrap for a Bugatti Veyron

Pictures 1 Aug, 2012

Ally Financial today reported higher auto originations and higher pre-tax income for its North American auto business, but the company posted an overall net loss of $898 million for the second quarter, due to its failed Rescap mortgage business.

Delphi said second quarter earnings per share increased 15% year on year to US$1.01. Year to date EPS increased 78% to $2.05.

U.S. demand for light vehicles continued to defy mostly weak economic indicators by rising 9 percent in July. Big sales gains at Japan's and Europe's top automakers -- Toyota, Honda, Nissan and Volkswagen -- offset declines at Ford and GM.

Fiat "rattled" investors on Tuesday with the news that the profit margin at US unit Chrysler remained static in the second quarter despite selling more cars.

Fiat Spa chief executive Sergio Marchionne said he expected Europe's car crisis to drag on throughout 2012, forcing the company to hold off on investments and keep coffers full.

News 2 Aug, 2012

New Ford C-MAX Energi plug-in will cost less than a Vauxhall Ampera when it goes on sale in 2013

Maruti Suzuki says it has escaped the worst of this week's catastrophic power failures that have paralysed vast swathes of northern India.

News 1 Aug, 2012

Laguna and Espace buyers in Spain now get a Twizy thrown in for free

Japan's new vehicle sales, excluding minivehicles, rose 36.1% in July from a year earlier to 328,543 units, up for the 10th straight month, the Japan Automobile Dealers Association said on Wednesday (1 August).

French car registrations fell 7% in July, the country's main CCFA automakers' association said on Wednesday.

French and Spanish car registrations declined in July. French registrations fell 7 percent, outpaced by plunging sales at PSA and Renault. Spain posted a 17 percent drop in car sales last month.

News 2 Aug, 2012

Powerful four-cylinder turbo to combine with lower weight for the next Nissan 370Z

Sales in China by Toyota Motor and its two local joint venture partners fell 5% in July from a year earlier to about 78,400 vehicles, according to a company spokesman.

News 2 Aug, 2012

Government backs new hi-tech, hybrid city car concept for young drivers

News 1 Aug, 2012

Vauxhall adds 192bhp BiTurbo diesel to the Astra five-door and estate variants

Spain's new car registrations fell 17.2% year on year in July, car manufacturers association ANFAC said on Wednesday, marking the 23rd month of declining sales in two years.

Stick shifts are making a small comeback in the US with 7% of new cars sold this year equipped with manual transmission, according to Edmunds.com.

Toyota has developed a version of the Prius hybrid vehicle that runs on ethanol-blended petrol for launch in Brazil later this year.