banner The latest auto news, reviews, prices, product and vehicle releases. Auto News 5

Stay connected Subscribe to our RSS feed

Do not miss the latest Auto News !

Jun
10th

Chrysler blew prebankruptcy chance to sell Viper, buyer says:

Stay connected Subscribe to our RSS feed
Michigan businessman Scott Devon was surprised to learn that no one was interested in buying Chrysler’s Dodge Viper business. Full story...
Jun
10th

JAPAN: GM truck cut hits Isuzu

Stay connected Subscribe to our RSS feed
Isuzu Motors will become the first Japanese company to take a direct hit from General Motors' bankruptcy as the American firm cuts its purchase of diesel engines from the Tokyo-based manufacturer, sources familiar with the matter have said. Full story...
Jun
10th

2010 Chevrolet Equinox to emphasize fuel economy:

Stay connected Subscribe to our RSS feed
Unlike the previous generation which only came with a V-6 engine, the redesigned Equinox comes with a base 2.4-liter direct injected four-cylinder engine. Customers can get a V-6 option. Full story...
Jun
10th

US: Telecoms man to head New GM

Stay connected Subscribe to our RSS feed
The former chairman and CEO of AT&T, Edward Whitacre, will become chairman of the 'New GM' when the company is launched later this summer, GM's interim chairman Kent Kresa announced last night. He will remain in the temporary post until the launch. Full story...
Jun
10th

CHINA: Some Hummer production could shift

Stay connected Subscribe to our RSS feed
Sichuan Tengzhong Heavy Industrial Machinery, currently in talks to buy Hummer from bankrupt General Motors, may shift some production to China, state media has reported. Full story...
Jun
10th

FRANCE: Valeo “looking at acquisitions”

Stay connected Subscribe to our RSS feed
New Valeo CEO Jacques Aschenbroich has said the company would consider seeking finance to buy parts of bankrupt Delphi and Visteon when market conditions improve. Full story...
Jun
10th

CHINA: Chemical company chairman may take part in Hummer buy

Stay connected Subscribe to our RSS feed
Chinese chemicals maker Lumena Resources said today its chairman may participate in a proposed bid for General Motors' Hummer brand, although the company itself would not be involved. Full story...
Jun
10th

Bentley teases Arnage successor:

Stay connected Subscribe to our RSS feed
Bentley is giving a glimpse of its future this morning with a teaser shot of the Arnage successor due out in 2011. Full story...
Jun
10th

Lamborghini sees no recovery until 2011

Stay connected Subscribe to our RSS feed
Luxury sports carmaker Lamborghini sees no recovery in its markets until 2011 after a 30 percent drop in sales in the first five months of this year, CEO Stephan Winkelmann said on Wednesday. Full story...
Jun
10th

Lamborghini sees no recovery until 2011; predicts profit for 2009

Stay connected Subscribe to our RSS feed
Luxury sports carmaker Lamborghini sees no recovery in its markets until 2011 after a 30 percent drop in sales in the first five months of this year, CEO Stephan Winkelmann said on Wednesday. Full story...
Jun
10th

Lamborghini sees no recovery until 2011, predicts profit for 2009

Stay connected Subscribe to our RSS feed
Luxury sports carmaker Lamborghini sees no recovery in its markets until 2011 after a 30 percent drop in sales in the first five months of this year, CEO Stephan Winkelmann said on Wednesday. Full story...
Jun
10th

Lamborghini sees no recovery until 2011, fears big ’09 sales drop

Stay connected Subscribe to our RSS feed
Luxury sports car maker Lamborghini sees no recovery in its markets until 2011 after a 30 percent drop in sales in the first five months of this year, CEO Stephan Winkelmann said on Wednesday. Full story...
Jun
10th

US/ITALY: New Chrysler officially in business

Stay connected Subscribe to our RSS feed
Fiat has officially taken over Chrysler after a last-minute challenge by a pension fund was brushed aside by the Supreme Court. As expected, Fiat CEO Segio Marchionne has been named CEO of Chrysler Group and Robert Kidder chairman. Full story...
Jun
10th

US/ITALY: Fiat seen owning Chrysler today

Stay connected Subscribe to our RSS feed
Chrysler should be in new hands by about 2pm BST today (10 June) after the US Supreme Court last night declined to hear a challenge by three Indiana state funds and several consumer groups to the sale of most of its assets to Fiat. Full story...
Jun
10th

UK economy may exit recession this quarter

Stay connected Subscribe to our RSS feed
British industrial output rose unexpectedly in April and for the first time in more than a year, official data showed on Wednesday, raising the prospect that the economy could exit recession as early as this quarter. Full story...
Jun
10th

UK economy may exit recession this quarter, data shows

Stay connected Subscribe to our RSS feed
British industrial output rose unexpectedly in April and for the first time in more than a year, official data showed on Wednesday, raising the prospect that the economy could exit recession as early as this quarter. Full story...
Jun
10th

Bentley Arnage teaser

Stay connected Subscribe to our RSS feed
Luxury car maker gives a sneak preview of its Arnage replacement.


Full story...
Jun
10th

PHILIPPINES: Sales fall 4.1% in May

Stay connected Subscribe to our RSS feed
New vehicle sales in the Philippines fell by 4.1% year-on-year in May to 10,450 units, compared with 10,900 units a year earlier, according to data released by the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI). Full story...
Jun
10th

China chemical giant boss may join Hummer bid

Stay connected Subscribe to our RSS feed
Chinese chemicals maker Lumena Resources Corp. said on Wednesday its chairman may participate in a proposed bid for General Motors' Hummer brand, although the company itself would not be involved. Full story...
Jun
10th

Valeo wants to recover Morin’s 3.2M euro payout

Stay connected Subscribe to our RSS feed
Valeo's annual meeting on Tuesday was marked by controversy as shareholders followed a supervisory recommendation to vote against the awarding of a "golden parachute" to former CEO Thierry Morin. The company will have to try to recover the 3. Full story...
Hosted by CifTech Hosting.