Auto News 5

Earlier this week, we reported on a new version of the Opel/Vauxhall Corsa which is said to return 86mpg. At the other end of the Corsa price list sits the far more powerful VXR Nürburgring Edition. Glenn Brooks knows which of the two he'll be asking Santa for.

As previously indicated by executives, Nissan has officially cancelled its four-year partnership in India for developing low-cost vehicles with Bajaj Auto.

Toyota plans to halt production next week at its Tianjin FAW joint venture plant in China because of a slump in sales according to the Japanese newspaper Asahi Shimbun.

Toyota may shift production of all Corolla sedans sold abroad out of Japan as the strong yen continues to squeeze profit margins.

News 25 Oct, 2012

Our exclusive image shows how the stylish new Mazda 6 coupe could look when it arrives in 2014

News 23 Oct, 2012

Drivers in the US who've had their airbag fixed or replaced recently may have had an ineffective bag fitted

News 17 Oct, 2012

Nissan has released sketches of a two-door coupe concept, ahead of next week's Sao Paulo Motor Show

Pictures 17 Oct, 2012

Cosworth, the higher performance racing engine maker, is up for sale, The Times newspaper reported.

Roof systems supplier Webasto has been named a core supplier by the PSA Peugeot Citroën Group.

Visteon designed and is manufacturing key heating, ventilation and air conditioning (HVAC) components for the Ford Ecosport launched recently in Brazil and destined for global sale.

News 23 Oct, 2012

Honda confirms that the CR-Z Mugen will arrive in the UK within a year

News 23 Oct, 2012

DRB-HICOM's Aslam Farikullah gives assurances that Lotus production will stay in Britain

Opel, General Motors' financially embattled European unit, has revealed its new midsize Cascada convertible in a series of photos. The car goes on sale in early 2013.

Pictures 23 Oct, 2012

Continental expects its business with vehicle makers to grow slightly next year as Asia and North American markets offset a difficult European outlook, its chief executive was quoted saying in a German newspaper.

Pictures 17 Oct, 2012

PSA said it was reviewing options to enable its banking unit to maintain sufficient financing volumes for its customers and dealerships as the threat of downgrade to junk status hangs over the division's debt.

PSA said it was weighing a state-backed rescue for its finance arm, as the government warned that help would come with strings attached. Banque PSA Finance (BPF) offers financing for Peugeot and Citroen dealers and customer loans.

Germany, which had bucked the decline this year in Europe's auto market, is succumbing to the economic downturn, prompting car companies including premium automaker Mercedes-Benz to increase incentives to a two-year high.