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Oct
7th

2012 Buick Verano compact teased :

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Buick is teasing its future compact sedan called the Verano. Full story...
Oct
7th

GM to invest $145 million in Michigan plant to build compact Buick sedan

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GM will invest $145 million to build a new Buick compact car -- the Verano -- at its Orion Township assembly plant in Michigan. The new Buick sedan will join the Chevrolet Aveo subcompact to be assembled at the suburban Detroit factory. Full story...
Oct
7th

Alan Mulally to keynote auto-centric 2011 Consumer Electronics Show:

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Forgive auto enthusiasts if they think the and#8220;Cand#8221; in the CES moniker stands for car. Full story...
Oct
7th

Countryman price set, and Toyota offers free service, in News Brake for Oct. 7:

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In today's News Brake, Mini sets the sticker price on the Countryman, there's a hole in Charlotte, and Toyota offers free service to repair its image . . . But Wait, There's More! Full story...
Oct
7th

Indy plans historic-car show for anniversary:

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Indianapolis Motor Speedway officials are calling their May event "more than a car show." Full story...
Oct
7th

U.S. cuts estimate of auto bailout losses by 40%, to $17 billion

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The U.S. Treasury Department reduced its projection of taxpayer losses on the auto industry bailout to $17 billion from $28 billion last November. Full story...
Oct
7th

INDIA: Autoliv starts weaving seatbelt webbing

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In response to the rapid growth in Asian vehicle production, automotive safety systems specialist Autoliv has begun construction of a seatbelt weaving plant in Mysore near Bangalore. It will be India's first plant for this component. Full story...
Oct
7th

BMW M100: The Fastest, Most Expensive, M Vehicle Ever

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BMW M100: The Fastest, Most Expensive, M Vehicle Ever
BMW M100 - Deep Dive - Automobile Magazine
BMW's striking Vision EfficientDynamics concept is headed for production.

BMW's striking Vision EfficientDynamics concept is headed for production in late 2012 or early 2013 as a 450-hp, twin-turbocharged halo for the company's new environmental initiative. Theoretically at least, the production car, which may be badged M100 (shown here as an artist's interpretation based on spy photos), has what it takes to eclipse its most serious rivals. Extensive computer simulation suggests that it will outpace the Mercedes-Benz SLS AMG, the Audi R8 5.2, and the Porsche 911 Turbo. Power will likely come from the twin-turbo in-line six that's being cooked up for the next M3 and will be transmitted to the rear wheels via a dual-clutch automatic transmission.


Photo Gallery: BMW M100 - Deep Dive - Automobile Magazine


Full story...
Oct
7th

BRAZIL: Magna open new factories

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Canadian-based Magna International said it would open two new plants in the Brazilian city of Sao Paulo in order to benefit from the strong growth that the region is experiencing. Full story...
Oct
7th

Auto parts sector in roller coaster comeback

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A little more than a year ago, U.S. auto parts suppliers were wondering if they would survive a massive industry restructuring, but 2010 is shaping up as one of the best years ever for the industry. Full story...
Oct
7th

SWEDEN: Saab pours cold water on Volvo speculation

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Saab is remaining quiet on speculation it could enter into a tie-up with fellow-Swedish manufacturer Volvo. Full story...
Oct
7th

Toyota to launch 2 Prius variants in U.S. by 2013, report says:

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Toyota Motor Corp. reportedly plans to launch two variants of its Prius hybrid in the United States by 2013 as it ramps up plans to leverage its gasoline-electric drivetrain technology to meet stricter emissions standards. Full story...
Oct
7th

SWEDEN: Saab says too early to talk new car with Volvo

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Saab said on Thursday it was too early to talk about a possible co-operation with Volvo Cars about developing a new model, scotching reported interest from its home turf rival. Full story...
Oct
7th

Shelby American tops GT350 Mustang range with 624 hp:

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Mustang customizer Shelby American has locked in the engine-output ratings of GT350 package and frosted the cake with the addition of a 624-hp variant. Full story...
Oct
7th

SOUTH KOREA: Government sees car sales up 12%

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Car sales in South Korea are expected to climb at a seasonally adjusted rate of 12% this year, helped by improving demand and imported car sales, according to a government forecast. Full story...
Oct
7th

GM to boost output of GMC trucks, Terrain

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GM expects to increase availability of key trucks and crossovers sharply for the 2011 model year, four people briefed on the plans said. Full story...
Oct
7th

CHINA: Johnson Controls to build third battery plant

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Johnson Controls is to invest US$118m to build a third automotive battery plant in China in Chongqing adding to the company's existing plants in Shanghai and Changxing. Full story...
Oct
7th

GERMANY: ‘Controversial’ Conti board man steps down

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A controversial figure on the Continental supervisory board - lawyer Rolf Koerfer - is stepping down after months of pressure over his role as a top legal adviser to major shareholder Schaeffler. In a joint statement issued with the Schaeffler family, Koerfer said he would discuss with chairman Wolfgang Reitzle exactly when he would leave the board. Full story...
Oct
7th

Saab targets return to Mexico, China and Russia in 2011

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Saab Automobile aims to start selling cars in China, Russia, Brazil and Mexico in the first half of next year, its sales chief said in an interview. Full story...
Oct
7th

GERMANY: Amerigon sets up Augsburg office

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Climate controlled seat maker Amerigon has opened a technical support office in Augsburg, Germany, to provide design services, product development, application engineering and prototype builds to support sales to European automakers. Full story...
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