May
16th
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EXECUTIVE EDITOR ROGER HART: One might wince at spending more than $40 large for a Hyundai, until, maybe, one drove this car.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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May
16th
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The German government announced an additional 1 billion euros ($1.4 billion) in research and development aid for electric vehicles, doubling its budget by 2013 in a bid to position itself at the technology's vanguard.
May
16th
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Gazoo Racing reveals uprated version of the Lexus CT 200h, set to debut at an endurance event at Germany's fearsome Nurbürgring
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May
16th
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The Volkswagen Group reported a further rise in vehicle sales worldwide for the first four months of this year. Europe's largest automaker with 2.66m deliveries, up just under 14% on the same period a year ago.
May
16th
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Chrysler, seeking to raise $6 billion in new debt to repay government loans, is expected to restructure its proposed refinancing package this week after investors showed hesitation over the loan portion of the transaction, people familiar with the...
May
16th
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South Korea's Hyundai Motor Co. and the state of Alabama will announce today an investment at Hyundai's Alabama plant near Montgomery, the company said on Sunday.
May
16th
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Hyundai will invest $173 million to expand and modify an engine plant in Alabama, the state said on Monday. With the expansion, Hyundai will make the NU engine for the small Elantra sedan being produced at its Montgomery, Ala., plant.
May
16th
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Google. "Pang Da" [enter]. "BOAT STERCULIA SEEDS - Pang Da Hai, Quantity: 50g, GBP1.25 (zero-rated). A seed to help moisten the lung and to clear the throat. May help the discomfort of tonsilitis and voice hoarseness." Try again. "Pang Da Automobile Trade Company" [enter]. Eventually, we arrive at the auto distribution company's international home page.
May
16th
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Google. "Pang Da" [enter]. "BOAT STERCULIA SEEDS - Pang Da Hai, Quantity: 50g, GBP1.25 (zero-rated). A seed to help moisten the lung and to clear the throat. May help the discomfort of tonsilitis and voice hoarseness." Try again. "Pang Da Automobile Trade Company" [enter]. Eventually, we arrive at the auto distribution company's international home page.
May
16th
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Scandinavia's automotive suppliers association (FKG) has tentatively welcomed today's (16 May) news of an MOU between Saab and Chinese distributor Pang Da, but is questioning the Swedish government's apparent "silence" on the automaker's future.
May
16th
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Audi reveals unique new carbon-cutting strategy which includes two new models: a gas-powered A3 and all-electric A1 e-tron
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May
16th
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Audi reveals unique new carbon-cutting strategy which includes two new models: a gas-powered A3 and all-electric A1 e-tron
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May
16th
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Saab Automobile owner Spyker Cars on Monday announced a planned strategic alliance with Pang Da Automobile Trade Co, China's largest publicly traded automobile distributor with over 1100 dealerships nationwide.
May
16th
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Volkswagen plans to sell as much as 1.5 billion yuan (164 million euros) of five-year bonds in Hong Kong as soon as today, becoming the first foreign car company to issue so-called Dim Sum bonds.
May
16th
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Fabia Greenline makes it from Austria to Denmark and back, averaging 127.9mpg.
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May
16th
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Harman, one of the world's biggest audio system producers, is aiming to get its sales in Russia up to $250 million a year by 2016, betting on renewed growth in the car market, its chief executive said.
May
16th
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Spyker, the Dutch owner of Saab, announced a deal with China's Pangda Automobile, which it said would secure Saab's medium-term funding needs.
May
16th
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China's largest car distributor has come to the rescue of Saab in a deal worth as much as 110 million euros ($155 million) for the debt-ridden automaker, potentially staving off the collapse of one of Sweden's best-known brands.
May
16th
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German engine producer Tognum plans to support a raised offer from Daimler and Rolls-Royce that values the company at 3.4 billion euros ($4.8 billion), two people familiar with the situation said.
May
16th
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Saab's prospective Chinese partners would prefer injecting capital straight into the company in exchange for a stake rather than through Saab's Dutch owner Spyker, a newspaper reported on Monday.