New vehicle sales in Vietnam increased by 48% to 10,424 units in January, compared with a very depressed 7,043 units a year earlier, according to the Vietnam Automotive Manufacturers Association.
Full story...
BMW Chinese JV partner Brilliance China Automotive Holdings has told shareholders it expects to book a net profit for full year 2010 after a net loss in 2009.
Full story...
BYD, the electric vehicle and battery maker backed by US billionaire Warren Buffett, has said January vehicle sales volume fell about 15% year on year.
Full story...
The European Union (EU) has seen its hopes dashed that safe substitute materials would be developed to allow the phasing out of potentially hazardous metals in automotive materials and parts.
Full story...
Seven companies are to take over Fiat's Termini Imerese plant with the help of a EUR450m (US$606m) deal from the Italian and Sicilian governments that could provide up to 3,300 jobs.
Full story...
Honda's little fishy story has ended with the resignations of five executives at a non-auto subsidiary.
Full story...
General Motors officially has built the first Saab saleable Saab 9-4X crossover at its Ramos Arizpe plant in Mexico.
Full story...
SENIOR WEST COAST EDITOR MARK VAUGHN: Being in Los Angeles, I am the only one on the AutoWeek staff who is not currently wading through waist-deep snow, cursing the weather.
Penske Automotive, the second-largest U.S. dealership group, said fourth-quarter profit rose 53 percent as rising sales of luxury vehicles made up for losses at the Smart microcar brand. Net income climbed to $28.5 million.
Full story...
Land Rover will debut a diesel hybrid plug-in prototype at the Geneva auto show next month.
Full story...
WITH VIDEO -- Porsche has revealed a new gasoline-electric version of the Panamera ahead of its public debut at the Geneva motor show.
Full story...
General Motors Co. is recalling over 44,000 Cadillac CTS sedans for a flaw that could cause one of the rear wheels to become unstable. The recall affects CTS vehicles from the 2009 and 2010 model years. The CTS is the best-selling Cadillac car.
Full story...
Electric sportscar maker Tesla Motors, which has yet to book a profit, said its fourth quarter 2010 loss was US$51.4m compared with $34.9m the previous quarter as improved gross margin was offset by increased spending on research and development and expanded sales and marketing.
Full story...
Italian brand returns with luxury SLC crossover concept which debuts at Geneva Motor Show.
Nissan Motor expects mini vehicles to help it increase its domestic market share to 15% from the current 13% by the end of March 2014, a senior executive at the company said.
Full story...
Daihatsu, which recently said it would abandon Europe by 2013, plans to start making a low-priced compact car in Indonesia that year for sale in southeast Asian nations.
Full story...
Will Luca Cordero di Montezemolo, Ferrari's boss and former Fiat chairman make a pit stop to get into politics? Montezemolo looks younger than his 63 years, sports a Bobby Kennedy-esque mane of hair, and often sounds like a politician-in-waiting.
Full story...
Ford reportedly might build a new car plant in northern China after its current three-way joint car assembly venture splits into two separate entities.
Full story...
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
