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Apr
4th

2012 Kia Sportage SX, an AW Flash Drive:

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What is it?
Apr
4th

Russia’s Putin wants car scrappage scheme extension

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Russian Prime Minister Vladimir Putin has asked the government to consider extending a car scrappage scheme put in place in March 2010 to boost domestic auto sales.
Apr
4th

AutoNation’s new vehicle sales up 19% in March, but product shortfall looms

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AutoNation said its March retail new vehicle sales increased 19 percent compared to a year ago, but the nation's largest dealership group warned today the Japanese earthquake will "significantly impact" product availability over the next 6 months.
Apr
4th

SWEDEN: Saab and Spyker reassure over finances

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Saab and Dutch owner Spyker on Monday sought to reassure investors of the brand's financial health, with Spyker head Victor Muller describing current problems as "a small glitch."
Apr
4th

RUSSIA: GM-AvtoVAZ Q1 output rises 43%

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GM-AvtoVAZ, the joint venture between General Motors and AvtoVAZ, produced 10,744 vehicles in January-March, up 42.6% year on year.
Apr
4th

INDIA: Eaton sees sales trebling by 2015

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Eaton expects its India sales to treble to US$500m by 2015, aided by a strong domestic market and steady economic growth, its chief executive has said.
Apr
4th

RUSSIA: Severstal seeks $730m loan from US government

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Russian steel and mining company Severstal plans to take out a US$730m loan from the US government to finance the expansion of its Severstal Dearborn plant in Michigan, the company's press office said on Monday.
Apr
4th

JAPAN: Nippon Steel plans Thai auto galvanised line

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Nippon Steel will spend US$300m building a steel galvanising production line in Thailand to supply automotive sheet steel by 2013, its sixth overseas automotive sheet production line.
Apr
4th

The BMW M5 is back!:

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BMW's M division has gone back to the drawing board with the M5, giving the fifth generation of the iconic four-door a twin-turbocharged 4.
Apr
4th

CHINA: GM Q1 sales up 10%

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General Motors said it sold 685,583 vehicles in China in the first quarter, up 10% year on year.
Apr
4th

Daimler appoints new CEO for South Africa

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Daimler's long-serving CEO in South Africa, Hansgeorg Niefer, will return to Germany to head a Mercedes engine plant. Martin Zimmermann, currently head of Daimler strategy and alliances will succeed Niefer as CEO of Mercedes-Benz South Africa.
Apr
4th

FRANCE: Renault says no French job losses from Romania engine choice

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Renault is insisting its decision to site new engine production at its Romanian subsidiary will not cost French jobs.
Apr
4th

JAPAN ‘QUAKE: Nissan Americas brings forward non-production days

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Nissan Americas is redoing its April production schedule to pull ahead previously planned non-production days from later in the second and third quarters to this month.
Apr
4th

BMW M5 video teased

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Undisguised pictures of new BMW M5 Concept leak ahead of Shanghai Motor Show debut
Apr
4th

BMW M5 pictures leaked

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Undisguised pictures of new BMW M5 Concept leak ahead of Shanghai Motor Show debut


Apr
4th

Spyker says ailing Saab not facing collapse

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The production problems that hit Saab last week were a small glitch that the company will survive, Saab owner Spyker Cars NV said. Saab will by next year have the widest and newest model range in its history, Spyker CEO Victor Muller said.
Apr
4th

Spyker says ailing Saab not facing collapse

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The production problems that hit Saab last week were a small glitch that the company will survive, Saab owner Spyker Cars NV said. Saab will by next year have the widest and newest model range in its history, Spyker CEO Victor Muller said.
Apr
4th

CHINA: Valeo starts new electronics centre/wiper systems plant

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Valeo has inaugurated a global electronics expertise centre in Shenzhen and a wiper systems production plant in Wenling, China last week
Apr
4th

US: Mad March tricks many sales analysts

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March US light vehicle sales tricked many industry analysts. After a strong start propelled by the momentum of an exceptional February, March got hit with Middle East unrest, rapidly rising oil prices and the Japanese disaster. Forecasters, anticipating negative consumer reaction, trimmed their estimates of March's seasonally adjusted annualised sales rate (SAAR) to as low as 12.5m units.
Apr
4th

US: Mad March tricks sales analysts

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March US light vehicle sales tricked industry analysts. After a strong start propelled by the momentum of an exceptional February, March got hit with Middle East unrest, rapidly rising oil prices and the Japanese disaster. Forecasters, anticipating negative consumer reaction, trimmed their estimates of March's seasonally adjusted annualised sales rate (SAAR) to as low as 12.5m units.
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