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Aug
18th

VW confident on growth if economy dips

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Volkswagen expects to maintain strong growth in the face of an economic slowdown, the head of the company's works council said.
Aug
18th

BMW Z1: Where it all began

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For the launch of the new Z4 sDrive 28i, BMW brought out a bit of a history in the Z1, which started the company on its trip down the roadster path. The car came from the company's collection in Munich.
Aug
18th

SWEDEN: Saab fights back on chairman pay increase

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Saab has hit back at television reports in Sweden commenting on a decision to award its parent board's chairman a EUR100,000 (US$144,000) pay increase.
Aug
18th

US: GM confirms Caddy EV coupe as ELR

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General Motors has confirmed that its Cadillac Converj Concept, a luxury coupe with extended-range EV technology first shown at Detroit in 2009, will become a production model called ELR, retaining Cadillac three-letter model naming policy.
Aug
18th

US: UAW spurs Ford strike authorisation vote

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United Auto Workers president Bob King has instructed union local branches representing Ford plants to hold their rank-and-file strike authorisation vote by 2 September, intensifying pressure on the automaker to reach a new labour deal before its existing contract expires.
Aug
18th

SWEDEN: Shareholders denounce 500% increase for Saab parent chairman

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Sweden's Shareholders Association (Aktiespararna) has slammed as "completely wrong" a decision by Saab parent Swedish Automobile (Swan) to award its chairman a massive pay increase of 500%.
Aug
18th

SWEDEN: New models boost Volvo’s sales

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Geely-owned Volvo Car has recorded a profit and increased sales for second quarter of 2011 but expects a volatile second half to the year.
Aug
18th

RUSSIA: Fiat eyes St Pete plant – ministry

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Fiat is considering building a plant in St Petersburg, Dmitry Levchenkov, director of the special economic zone and project financing department at Russia's economic development ministry, said, apparently confirming earlier media reports.
Aug
18th

Volkswagen isn’t interested in buying Opel, labor head says

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Volkswagen has no interest in buying Opel because the manufacturers' operations don't fit together, said Bernd Osterloh, the head of VW's works council.
Aug
18th

Nissan’s Infiniti aims to close gap with Audi, Lexus in China

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Nissan plans to quadruple its Infiniti brand's share of the Chinese luxury-auto market within five years as it rushes to make up time lost to Audi and Lexus.
Aug
18th

Nissan’s Infiniti aims to close gap with Audi, Lexus in China

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Nissan plans to quadruple its Infiniti brand's share of the Chinese luxury-auto market within five years as it rushes to make up time lost to Audi and Lexus.
Aug
18th

TURKEY: Tofas taking on Chrysler, Jeep and Dodge

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Long-time Turkish Fiat assembler and distributor Tofas is adding Chrysler, Jeep and Dodge from 1 January, 2012.
Aug
18th

Porsche 911 leaked

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New pictures reveal look of all-new 911 ahead of its debut at the Frankfurt Motor Show


Aug
18th

Maserati said to plan output of first SUV at Chrysler plant

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Fiat's ultra-luxury brand Maserati plans to build its first sport-utility vehicle at a Chrysler assembly plant, a person familiar with the matter said.
Aug
18th

Maserati plans first U.S.-made SUV at Chrysler plant

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Fiat's ultra-luxury brand Maserati plans to build its first sport-utility vehicle at a Chrysler assembly plant, a person familiar with the matter said.
Aug
18th

Germany said to seek EADS buyer as Daimler targets stake sale

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The German government is seeking investors to buy European Aeronautic, Defence and Space Co. shares controlled by Daimler as the carmaker pushes to reduce its holding, two people familiar with the matter said.
Aug
18th

Lexus reveals a tougher looking 2012 GS

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Lexus used the Pebble Beach Concours d'Elegance to unveil a completely redesigned GS, more dynamic looking than ever and promising a more spacious and functional cabin.
Aug
18th

BMW 550dxM: an AWD diesel M5 coming soon!

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The rumours circulating for the past couple of months that BMW was getting ready to launch an AWD, diesel M5 have grown more insistent, several sources close to the Bavarian automaker having revealed that an M division, AWD, diesel-powered 5-Series would be unveiled next spring. You read that right.
Aug
18th

2013 Ford Mustang: Shelby GT500 looks, more grunt

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Ford will be lifting the veil on a completely redesigned Mustang for 2013 and, judging by the preliminary info, we're looking at quite the spectacular machine.
Aug
18th

Volt sets precedent, GM confirms production of Cadillac Converj

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General Motors just confirmed the rumours that have been flying around the web the past couple of days, announcing to the world that Cadillac will be taking the green plunge initiated by the Volt, with the Converj set to join the ranks of the XTS, ATS, CTS and SRX under the moniker ELR.
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