Auto News 5

Toyota is introducing satellite navigation that can find the 'greenest' route as well as the fastest. Full story...

Toyota is bracing for another challenge: the aging of its biggest-selling model - the Corolla - at a time when rivals are introducing new, advanced small cars. Full story...

BorgWarner has reported fourth quarter 2010 profit of US$0.89 per share, a new record and up 98% compared with Q4 2009. Sales were up 28% year on year, sharply higher than global vehicle production growth of approximately 4%.

General Motors is to undertake pay negotiations this summer as unions look to flex their muscles following a bumper series of profitable quarters.

TRW Automotive Holdings posted net income for the fifth consecutive quarter, driven by improved global vehicle production and ongoing cost reductions. Full story...

Analysts at JD Power are maintaining that the global automotive outlook for 2011 appears positive as the mature vehicle markets recover and emerging markets continue to expand.

TRW Automotive Holdings, which specialises in auto safety systems, booked full year 2010 net profit of US$834m on sales up 24% year on year to $14.4bn.

Auto parts supplier Lear said today it would split its stock two-for-one, begin a $400 million share buyback program and start paying a quarterly dividend, steps that show its progress in shoring up its balance sheet after a 2009 bankruptcy. Full story...

Struggling Italian design house Bertone is planning to unveil a concept car previewing its ideas for a new entry-level Jaguar. Full story...

Heated and cooled vehicle seat maker Amerigon has reported a record US$10m in net profit for full year 2010 compared with $723,000 in 2009. Full story...

BASF's Catalysts division, headquartered in Iselin, New Jersey, US is one of the world's largest suppliers of process catalysts. The group employs 4,000 people at 30 factories worldwide. In this interview, Matthew Beecham talked with Dr Thomas G Droege, Global Marketing Director, BASF Mobile Emissions Catalysts about the technical trends occurring in the exhaust sector and specific impacts on the catalytic converter.

NEWS EDITOR GREG MIGLIORE: This weekend, my wardrobe consisted of a heavy wool coat with the collar turned up, a knit hat and aviator sunglasses. And layers. Lots and lots of layers. Was I running a smuggling operation? Nope.

NEWS EDITOR GREG MIGLIORE: This weekend, my wardrobe consisted of a heavy wool coat with the collar turned up, a knit hat and aviator sunglasses. And layers. Lots and lots of layers. Was I running a smuggling operation? Nope. Full story...

A great fanfare from Rome yesterday saw some fairly typical hyperbole from the politicians as the Italian Economics Ministry blew its own trumpet at inking of a deal for Fiat's Sicilian Termini Imerese plant. Full story...

For reasons still not clear, boatloads of German immigrants made Texas their home in the 1800s. Full story...

In the first part of this month's management briefing, we look at how confused and erratic Government policy has played havoc with Europe's demand for biofuels and sales of flex-fuel cars.

Hyundai’s Toyota Avensis rivalling i40 Tourer unveiled ahead of its Geneva Motor Show debut.

A shortage of skilled workers in Germany has prompted BMW to open a factory specially equipped to encourage workers to stay longer. Full story...

Tesla says that its revenue this year may rise as much as 50 percent because of high demand for its rechargeable vehicles and battery packs. Full story...

The January new car market in Europe may have been off just under 1% year on year but Volkswagen should be happy enough with its one-two perches at the top of the sales charts for the Golf and Polo, respectively. Full story...