Auto News 5

Fiat will not raise the EUR500m (US$668m) cap it has set to pay shareholders who object to the company's merger with Chrysler.

NEVS, the owner of Saab Cars, says it is not insolvent but admits in a 13 August media statement that it "does not have enough cash to pay all outstanding debt".

New vehicle sales in the Philippines rose by 32.1% to a monthly record of 20,730 units in July, from 15,689 a year ago, according to the Chamber of Automotive Manufacturers of the Philippines' (CAMPI) monthly statistical report.

News 15 Aug, 2014

Councils are writing off millions of unpaid parking fines racked up by foreign drivers

A Ferrari 250 GTO Berlinetta owned by the scion of a wealthy Italian family for 49 years may race off as the world's most expensive car when it's auctioned for as much as $75 million.

UQM Technologies says its PowerPhase electric motor and controller systems are being used for an all-electric mini bus built by Inter Tan-ker in Hungary.

Jaguar Land Rover is recalling 40,551 Land Rover SUVs in the United States because the front passenger airbag may not deploy because of a part failure.

Jaguar Land Rover is recalling 40,551 Land Rover SUVs in the United States because the front passenger airbag may not deploy because of a part failure.

Jaguar Land Rover is recalling Land Rover SUVs in the United States and Canada because the front passenger airbag may not deploy because of a part failure. Europe is not affected by the call back.

General Motors plans to temporarily stop production at its Lansing Grand River Assembly Plant, reports say.

Kongsberg Automotive's Driveline business area has been awarded a contract for the supply of a manual gear shift system to an unnamed European OEM, in a deal worth EUR28.8m (US$38.5m) for a six-year period

The European Union Chamber of Commerce in China on Wednesday expressed concern over a recent series of antitrust investigations, saying China was using strong-arm tactics and appeared to be unfairly targeting foreign firms.

News 15 Aug, 2014

AXA Car Insurance reveals risk of rejection if drivers take too long to make an insurance claim

The Volkswagen Passenger Cars brand has delivered 3.56m vehicles (January-July 2013: 3.43m; +3.8%) in the first seven months of the year.

News 14 Aug, 2014

Stats reveal men are much more likely to get a driving ban than women

Pictures See all 4 pictures 13 Aug, 2014

Peugeot, whose losses led to a government bailout earlier this year, may already be close to an important recovery milestone: a return to France's benchmark stock index.

News 13 Aug, 2014

Nissan is set to attack the Nurburgring front-wheel-drive record with a Nissan Pulsar Nismo packing 275bhp

News 13 Aug, 2014

Our exclusive image shows how a new Alfa Giulia GTA supersaloon could look

Former federal prosecutor David Kelley has been appointed as the government monitor who will supervise Toyota's safety after the company's mishandling of vehicle recalls for unintended acceleration.