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Apr
20th

Daimler expects to overtake BMW in China

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Daimler AG CEO Dieter Zetsche said on Monday that he expects Mercedes-Benz to outsell premium auto brand rival BMW in China by about two to three years from now. Full story...
Apr
20th

Daimler expects to overtake BMW in China in 2-3 years

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Daimler AG CEO Dieter Zetsche said on Monday that he expects Mercedes-Benz to outsell premium auto brand rival BMW in China by about two to three years from now. Full story...
Apr
20th

BMW, Brilliance to build second China plant

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BMW and its partner Brilliance Auto are building their second manufacturing plant in China, where demand for luxury sedans remains solid, a senior official at the Chinese automaker said on Monday. Full story...
Apr
20th

GM may sell Opel stake for no gain, says report

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General Motors is prepared to part with a controlling stake in Opel/Vauxhall for nothing but a pledge to invest directly in a new company formed from its European operations, the Financial Times said on Sunday, citing two people familiar with... Full story...
Apr
20th

GM could sell Opel stake for no gain, says report

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General Motors is prepared to part with a controlling stake in Opel/Vauxhall for nothing but a pledge to invest directly in a new company formed from its European operations, the Financial Times said on Sunday, citing two people familiar with... Full story...
Apr
20th

VW’s Routan isn’t moving; future murky

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The Volkswagen Routan minivan, which arrived in showrooms in September, is selling so slowly that no units have rolled off the assembly line since December. VW has not decided whether to build a second-generation Routan. Full story...
Apr
20th

Bentley speeds up launches to prepare for recovery

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Bentley has pulled ahead the launches of its future models by six months so that the product cycle "is matched to the recovery in 2010," said Stuart McCullough, Bentley's board member for sales and marketing. Full story...
Apr
20th

Ricardo, AvtoVAZ work on engine

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The British engineering and technical support company Ricardo PLC will collaborate with Russian automaker JSC AvtoVAZ to develop the new VAZ-21176 VVT gasoline engine. Full story...
Apr
20th

Faurecia: Foamless seat is a ‘game-changer’

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French auto supplier Faurecia SA thinks the next generation of automotive seating could eliminate polyurethane foam. Full story...
Apr
20th

Bentley speeds up launches to prepare for recovery

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Bentley has pulled ahead the launches of its future models by six months so that the product cycle "is matched to the recovery in 2010," said Stuart McCullough, Bentley's board member for sales and marketing. Full story...
Apr
20th

Fiat may link with GM units in Europe, Latin America

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Fiat may form an alliance with General Motors' core operations in Europe and Latin America, a source familiar with the matter told Automotive News on Friday. Full story...
Apr
20th

Toyota to halt Russia plant for 3rd time this year

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Toyota Motor Corp will suspend production at its Russian factory for the third time this year, the automaker said. "In (view) of unstable car market conditions... Full story...
Apr
20th

German dealer group eyes ex-VW CEO as Opel boss

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Bernd Pischetsrieder, ex-CEO of Volkswagen, could be a suitable head of a new Opel company independent of U.S. parent General Motors, an Opel dealer group in Germany said. Full story...
Apr
20th

Porsche eyes luxury sedan market with Panamera

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Porsche took the wraps off its much-awaited Panamera grand tourer in Shanghai on Sunday, saying it wanted new customers in the luxury performance-car segment to expand its global sales. Full story...
Apr
20th

Daimler sees China stimulus lifting luxury car sales

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Daimler AG expects China's economic stimulus measures to give sales of luxury cars a major boost this year, making the country an increasingly crucial market as demand slumps elsewhere, a top executive said. Full story...
Apr
20th

China’s Changan Auto considers acquisitions in U.S. and Europe

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Chongqing Changan Auto Co., Ford Motor's China partner, is planning acquisitions overseas as it prepares to enter Europe and North America where the industry downturn has hit hard, its chairman said on Sunday. Full story...
Apr
20th

More than six serious investors interested in Opel

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General Motors has sent out confidentiality agreements to more than six potential investors for its Opel/Vauxhall unit, CEO Fritz Henderson said. Full story...
Apr
20th

GM could sell Opel stake for no gain, says report

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General Motors is prepared to part with a controlling stake in Opel/Vauxhall for nothing but a pledge to invest directly in a new company formed from its European operations, the Financial Times said on Sunday, citing two people familiar with... Full story...
Apr
20th

Honda went to great lengths to make Accord a hit

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The 2009 Honda Accord is a striking 31.3 inches longer than the first Accord that Honda built in 1976. But those extra 31 inches only begin to tell the story of the Accord's march to prominence as a best-selling car in America. Full story...
Apr
20th

Task force chief is linked to SEC inquiry

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Steven Rattner, chief of the Obama administration's automotive task force, was described in media reports as the executive who arranged for his firm to pay more than $1.1 million to obtain New York state pension business. Full story...
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