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May
15th

U.K. expects scrapping-driven surge in new-car sales to start Monday

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Dealers in the U.K. are getting ready for a big increase in new-car orders on Monday. That is when the country's car scrapping scheme takes effect. Full story...
May
15th

As U.S. debates, U.K. expects surge from scrapping incentive

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As U.S. lawmakers debate a "cash for guzzlers" incentive, auto dealers in the U.K. are preparing for a spurt in new-car orders on Monday, when a car-scrapping program takes effect. Full story...
May
15th

U.K. expects surge in new-car sales to start Monday

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Dealers in the U.K. are getting ready for a big increase in new-car orders on Monday. That is when the country's car scrapping program takes effect. Full story...
May
15th

U.K. expects surge in new-car sales to start Monday

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Dealers in the U.K. are getting ready for a big increase in new-car orders on Monday. That is when the country's car scrapping scheme takes effect. Full story...
May
15th

RUSSIA: VW plant may assemble Audi – reports

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Volkswagen may start assembling Audi models at its new Russian plant in Kaluga this year, Russian media said on Friday. Full story...
May
15th

US: GM reportedly close to UAW deal

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General Motors, following US treasury autos task force directions, is close to a deal with the United Auto Workers that would cut its hourly labor costs by more than US$1bn a year, the Wall Street Journal has said, citing anonymous sources familiar with the matter. Full story...
May
15th

SPAIN: New car buyers subsidy to be fast-tracked

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Spain will introduce its incentive scheme to boost cars sales on Monday, under a week after announcing it, giving regional governments, and carmakers who are expected to contribute, little time to prepare. Full story...
May
15th

SWEDEN: Volvo asks Flemish for EIB loan support

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Volvo Cars boss Stephen Odell, turned down for loan guarantees by the Swedish government, has now asked the Flemish government to support the company's loan application to the European Investment Bank. Full story...
May
15th

RUSSIA: Interest subsidy on car loans off to slow start

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The Russian government's subsidies for interest rates on car loans were used in only 2.9% of new car sales in April. Full story...
May
15th

SWEDEN: Government awaits would-be Saab buyer plans

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It is too early to determine if the potential buyers of struggling Saab Automobile have met all the criteria for becoming a new owner, Sweden's enterprise minister Maud Olofsson has said. Full story...
May
15th

US: GM Chapter 11 would be quick like Chrysler’s

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General Motors is likely to follow Chrysler and make a quick sale of its best assets to a new operating company if it files for bankruptcy on 1 June, the automaker has said in a regulatory filing. Full story...
May
15th

Fiesta grows up

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It's party time at Ford, and the Fiesta is getting all glammed up! In a sensational world first scoop, Auto Express magazine can reveal the wild new look of the blue oval's best-selling supermini. And one thing is clear: it's going to be the manufacturer's most striking small model since the launch of the Ka.


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May
15th

Michelin to focus on cash; no capital hike plans

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French tire manufacturer Michelin has no short-term plans for a capital increase and will continue to focus on cash and stock management amid the industry crisis, executives said on Friday. Full story...
May
15th

RUSSIA: VW and PSA press on with local production

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Both Volkswagen and PSA Peugeot Citroen will soon start selling cars built at their new plants in the Kaluga region of Russia, the companies told an investment forum in the city. Full story...
May
15th

THE FRIDAY STORY: An expensive test drive

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A man lost EUR23,000 (GBP20,594) to the wind when an envelope containing the money he had stored in the passenger seat pocket of his convertible blew away during a test drive in northern Germany. Full story...
May
15th

US: Lower Q1 auto output hits Lear results

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Seating and electronic/electrical equipment supplier Lear Corporation has booked a first quarter 2009 pretax loss of $257.1m, including restructuring costs and other special items of $121.2m on net sales of $2.2bn, down 44% year on year. Full story...
May
15th

Mondeo ‘ST’ is here

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Here is the car Ford said it would never make...


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May
15th

Fiesta Freedom gets kitted out

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A new package of hi-tech kit is being offered on a limited number of Ford Fiestas. More than £800 worth of lifestyle gear is available in only 2,500 Freedom models (image).


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May
15th

Fiesta facts

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The Fiesta was Ford's first 'supermini' hatchback and also its most compact car ever. However, it wasn't Ford's first hatchback (that was the Capri), nor its first front-drive car (Taunus 12M).


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May
15th

Continuing the fast Fiesta legacy

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No one builds hot hatches like Ford... From the original Fiesta XR2 of 1981 to the brand new ST, the company has put a nation of young drivers behind the wheel of their first performance car. The firm's sporting superminis are legendary for their compact dimensions, gutsy four-cylinder engines and back-to-basics driving thrills, and anyone wanting to get a better feel for the character of the next evolution of Ford's fastest Fiesta could do worse than look to the past.


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