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Mar
27th

Camaro Z/28 Indy 500 pace car revealed by Chevrolet: Retired IndyCar champion Dario Franchitti will pace the field

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Chevrolet has taken the wraps off the pace car for the
Mar
27th

Ally Financial IPO could generate $2.7 billion for U.S. Treasury

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Ally Financial, the former GMAC auto lender rescued by the federal government during the 2008 financial crisis, is helping the Treasury Department divest its stake by seeking as much as $2.7 billion in an initial public offering.
Mar
27th

2015 Ford Mustang GT gets launch control and Track Apps standard : Driver-focused tech centers on speed, safety

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When the 2015 Ford Mustang GT comes out later this year, it will be able to order a Domino's pizza for you.
Mar
27th

UK: Russia car market outlook worsens – analysts

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Analysts at LMC Automotive have revised down forecasts for the Russian car market this year in the wake of a deteriorating outlook for the Russian economy in part caused by the fallout from the geopolitical crisis in Ukraine.
Mar
27th

BlackBerry determined to maintain lead in connected-car technology

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BlackBerry says it's determined to keep its lead in connected-car software, even though its share of the global smartphone market has tumbled below 1 percent, crushed by rivals Apple and Google.
Mar
27th

BlackBerry determined to maintain lead in connected-car technology

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BlackBerry says it's determined to keep its lead in connected-car software, even though its share of the global smartphone market has tumbled below 1 percent, crushed by rivals Apple and Google.
Mar
27th

US [updated 17:05GMT]: March sales seen up 1.7%-2%; SAAR 15.7m/15.88m

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New vehicle sales in the United States this month are expected to rise 2% year on year to 1.48m units, and an estimated 15.7m seasonally adjusted annual rate (SAAR), according to Kelley Blue Book (KBB). KBB's forecast is almost line-ball with Edmunds.com, which forecast March sales of 1,476,535 new cars and trucks and estimated SAAR at 15.8m.
Mar
27th

Saint-Gobain wins 165 million euro cut in record EU cartel fine

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French supplier Saint-Gobain won a 165 million euro ($227 million) reduction in its record 880 million euro EU antitrust fine for fixing car-glass prices.
Mar
27th

MALAYSIA: Lotus eyes 1,200 annual sales of Exige S

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Lotus is eyeing global annual sales of 1,200 units for its new model, the Exige S Roadster, with COO Aslam Farikullah describing Japan and Europe as important markets, the Bernama news agency reported.
Mar
27th

NORWAY: Kongsberg Automotive wins EUR15m fuel line contract

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Kongsberg Automotive's fluid transfer operation has won a contract "to supply fuel hose assemblies to a leading manufacturer in the premium SUV segment" worth EUR15m over its six year duration.
Mar
27th

GERMANY: Hyundai sells 6m (and counting) in Europe

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Hyundai, currently considering a fourth assembly plant in China, has sold 6m cars in Europe since starting sales here in 1977.
Mar
27th

UK: Aston Martin secures US$165m to develop new models – report

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Aston Martin has reportedly secured US$165m in funding to develop a new range of cars, a move considered positive for a company that has lost market share in recent times.
Mar
27th

Alfa Romeo leans on Ferrari for horsepower in brand’s overhaul

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To transform struggling Alfa Romeo into a profit machine, Fiat is turning to the cachet and horsepower of Ferrari.
Mar
27th

Alfa Romeo leans on Ferrari for horsepower in brand’s overhaul

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Fiat is turning to the cachet and horsepower of Ferrari as part of its latest effort to transform struggling Alfa Romeo into a profit machine.
Mar
27th

UK: Vauxhall dealer group chops Ampera range extender price

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British dealer group Pentagon has chopped the price of the Vauxhall Ampera variant of the Chevrolet Volt almost GBP11,000 to GBP22,995 (US$38,040) from the recommended retail price of GBP33,695.
Mar
27th

SWEDEN: Volvo Cars 2015 range more ‘connected’

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As part of a 2015 model year range update, which adds new Drive-E powertrain and eight-speed automatic transmission options to the V40 hatchback line plus interior and standard equipment enhancements range-wide, Geely-owned Volvo Cars is widening availability of improved infotainment "with more cloud based possibilities".
Mar
27th

Infiniti names new product strategy head

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Infiniti has named industry veteran Francois Bancon as its product strategy head. Currently Bancon leads advanced product planning at parent Nissan.
Mar
27th

Infiniti names new product strategy head

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Infiniti has named industry veteran Francois Bancon as its product strategy head. Currently Bancon leads advanced product planning at parent Nissan.
Mar
27th

Get cheap car insurance with Volkswagen engineering

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Mar
27th

FRANCE: PSA and Dongfeng finalise deal

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PSA Peugeot-Citroën and Dongfeng Motor Group yesterday finalised their agreement outlined last month which gives each partner equal 14% shareholdings and a EUR3bn capital boost for PSA.
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