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Sep
22nd

ITALY: Fiat staying quiet on Daimler speculation

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Fiat is remaining tight-lipped surrounding reports of bidders for its industrial unit to be spun off from the main company. Full story...
Sep
22nd

Coda to price electric compact sedan at $44,900:

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Coda Automotive Inc. will begin delivering the first of its electric compact sedans in December priced at $44,900 before federal and state incentives. Full story...
Sep
22nd

VW to build engine plant in Mexico to supply Tenn. factory, source says:

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Volkswagen AG plans to announce Wednesday that it will build an engine plant in Mexico to supply vehicles assembled in North America, a source at the company's assembly plant in Puebla said. Full story...
Sep
22nd

ANALYSIS: US light vehicle market faces slow recovery

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The recovery path for light vehicle demand in the US remains slow and fragile, according to JD Power's director of automotive forecasting. Full story...
Sep
22nd

Ford could see earnings decline through 2011, Credit Suisse says

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Ford could see its profits decline from 2010 to 2011 due to higher material and structural costs, said Credit Suisse, which expects the U.S. automaker's earnings momentum to come under further pressure if pension costs rise. Full story...
Sep
22nd

NETHERLANDS: Renault-Nissan agrees Amsterdam EV initiative

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Amsterdam city has inked a Definitive Agreement today (22 September) with the Renault-Nissan alliance to promote electric vehicles Full story...
Sep
22nd

INDIA: BMW to increase production at Chennai plant

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BMW India says it will pump in more investment into India and announced capacity expansion with more models as its market share grows. Full story...
Sep
22nd

Hungary, Audi to hold press conference Thursday; plant expansion reported

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Hungarian Prime Minister Viktor Orban and Audi CEO Rupert Stadler will hold a joint press conference on Thursday at 15:30 CET, Hungary's government said on Wednesday. Full story...
Sep
22nd

Porsche-style stealth takeovers are targeted in bill before German cabinet

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German Chancellor Angela Merkel's Cabinet approved legislation making it more difficult for stealth takeovers such as Porsche SE's 2008 acquisition of shares in Volkswagen . Full story...
Sep
22nd

Fiat eyes opportunities amid Daimler speculation

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Fiat said it is looking at cooperation opportunities on Wednesday after a newspaper said its German rival Daimler is interested in its industrial arm. Full story...
Sep
22nd

US: Timken Company acquires QM Bearings

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Timken Company has completed the acquisition of QM Bearings and Power Transmission based in Ferndale, Washington. Full story...
Sep
22nd

PARIS PREVIEW: Land Rover to show Evoque

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The all-new Range Rover Evoque will make its global public debut at the 2010 Paris Motor Show on the 30th September 2010. Full story...
Sep
22nd

SWITZERLAND: ABB inks MoU with GM for battery research

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ABB and General Motors have signed a non-exclusive memorandum of understanding to cooperate on a research and development project to investigate uses for electric vehicle batteries once their useful life is over Full story...
Sep
22nd

US: Charging sector to grow to US$3bn by 2017

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Verify Markets has released a market research report on the North American Electric Vehicle (EV) charging industry indicating the sector is predicted to grow rapidly during the next five to seven years, reaching US$3.09 billion by 2017. Full story...
Sep
22nd

Smokin’ video: Ken Block carves up France’s l’Autodrome in new Gymkhana run:

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Rally star and DC Shoes purveyor Ken Block has delivered another piece of wild driving with his latest Gymkhana video--this time carving up the high-banked track at France's Linas at l'Autodrome. Full story...
Sep
22nd

Future products: Lamborghini sees the light:

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Has engine performance gone as far as it can? Full story...
Sep
22nd

Future products: Ownership change may revive 2 small Porsches:

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Now that it's owned by Volkswagen, Porsche reportedly is planning two small vehicles that the German sports car maker's previous management had nixed. Full story...
Sep
22nd

Bentley hood ornament injury risk prompts U.S. recall

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Bentley hood ornaments may injure pedestrians in a crash by failing to retract, leading the luxury carmaker to recall 596 vehicles in the U.S. The recall covers 2007 to 2009 Arnage, Azure and Brooklands models. Full story...
Sep
22nd

Toyota says it’s considering a second car plant in Russia

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Toyota Motor Corp. will consider building a second automobile plant in Russia, Takeshi Isogaya the company's head in the country told Russian Prime Minister Vladimir Putin in St. Petersburg. Full story...
Sep
22nd

Saab’s $15.9 million bill goes to debt collector

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A local authority in western Sweden is enlisting the help of the government's debt collector to recover $15.9 million it spent supporting Saab, now owned by Dutch group Spyker Cars NV. The regional authority said on Sept. Full story...
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