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Sep
17th

Lotus Elite is born again

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We take the wraps off British firm’s sensational new four-seat coupé, which is set to take a starring role at the Paris Motor Show
Full story...
Sep
17th

CHINA: BYD takes stake in lithium miner

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Automaker BYD has acquired an 18% stake in Zhabuye Lithium for CNY201.24m (US$29.9m). Zhabuye Lithium is based in the Shigatse, Tibet, and also produced boron and salt. Full story...
Sep
17th

CHINA: Bosch confirms three-way lithium-ion battery JV

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Robert Bosch, Samsung SDI and SAIC Motor are in advanced talks to produce lithium-ion batteries in China, a senior Bosch executive has confirmed. Full story...
Sep
17th

Bosch, Samsung SDI, SAIC in China talks for green technology

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Germany's Robert Bosch, South Korea's Samsung SDI and China's SAIC Motor Corp. Full story...
Sep
17th

FRANCE: Renault coy on new GM CV JV details

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Renault has said it would continue its light commercial vehicle partnership with General Motors' Europe's Opel/Vauxhall brands but will not at this point answer questions relating to assembly plants. Full story...
Sep
17th

FRANCE [updated]: Renault coy on new GM CV JV details

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Renault has said it would continue its light commercial vehicle partnership with General Motors' Europe's Opel/Vauxhall brands but would not answer questions relating to the move, in particular, the future of the UK plant currently making some versions. Full story...
Sep
17th

CHINA: GM sees 10-15% 2011 growth

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General Motors expects 10 to 15% growth in China where it is targeting smaller cities and considering building another assembly plant to supplement output from joint ventures with FAW and SAIC. Full story...
Sep
17th

US: GM to repay bailout in “couple of years”

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General Motors' new CEO Dan Akerson says the automaker is aiming to repay the taxpayer bailout of US$50bn during "the next couple of years." Full story...
Sep
17th

Great Wall’s diesel pickup certified in Europe and Australia

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Great Wall has completed certification of its diesel-powered Wingle pickup for sale in Europe and Australia. Fitted with a 2.0-liter diesel engine, the Wingle pickup can meet Euro 5 emission standards, said a company spokesman. Full story...
Sep
17th

FENABRAVE CONGRESS: Marchionne, Alfa’s return, taxes and a 6.8m market

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Market forecasts, making vehicle tax more prominent on showroom stickers and the return of Alfa Romeo to Brazil were some of the keypoints to arise during the 20th congress of of Fenabrave, the influential umbrella federation under which dealers and importers of motorcycles, road machinery, tractors, trucks and cars gather. Full story...
Sep
17th

GERMANY: Hyundai hits share high in Europe

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Hyundai says it has achieved its best ever European market share figure of 3.2% in August, according to official industry data (ACEA). Full story...
Sep
17th

RUSSIA: PSA/MMC plant starts on SUVs

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Production of the Citroën C-Crosser, Peugeot 4007 and Mitsubishi Outlander SUVs has started at the PSA Peugeot Citroën (PSA) and Mitsubishi Motors Corporation (MMC) joint venture plant PCMA Rus in Kaluga, 180km southwest of Moscow. Full story...
Sep
17th

Dealers to receive up to $5M in SBA-guaranteed loans under Senate bill

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Small auto dealers would be able to receive federally guaranteed loans of as much as $5 million - up from $2 million - under an Obama administration-backed bill that passed the Senate Thursday. Full story...
Sep
17th

2011 Patriot offers a refined ride, enhanced interior

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A one-inch higher ride height, a freshened interior and new front and rear fascias are among the highlights for the freshened 2011 Jeep Patriot. Full story...
Sep
17th

Will Chrysler save Fiat?

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Fiat Auto's destiny is now in its own hands after a spinoff of the truck and tractor units from the Italian industrial conglomerate was approved. The prevailing view is that Fiat is saving Chrysler. Full story...
Sep
17th

Mass EV exports, hot market among topics at China forum

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A BYD manager talked about plans for mass EV exports to Europe and the U.S. at the Global Automotive Forum on Thursday and Friday. Other automakers and supplier executives spoke about the outlook for China and the development of new-energy vehicles. Full story...
Sep
17th

Porsche will return to Detroit auto show in 2011

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Porsche is set to return to the 2011 Detroit auto show after a three-year hiatus. Porsche pulled out of the show in 2008, citing a desire for 'more personal, direct ways to reach out and communicate to its potential customer base.' Full story...
Sep
17th

Marchionne gives mixed messages on Ferrari’s future ownership

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Fiat and Chrysler Group CEO Sergio Marchionne said the Italian automaker considers it 'natural' for Fiat to return to its historical 90 percent stake in its supercar subsidiary, Ferrari. Full story...
Sep
17th

Renault slightly more upbeat on European market

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Renault has a more optimistic forecast for European car sales in 2010 because the end of subsidies has hit sales less than feared, Chief Operating Officer Patrick Pelata said. Renault expects a 7 percent decline in the market, Pelata said. Full story...
Sep
17th

Magna plans EV battery factory in Europe for BMW, PSA, Ford

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Parts supplier Magna is in talks with Japan's GS Yuasa Corp. to produce lithium ion batteries in Europe for PSA and possibly Ford and BMW, a source said. The companies are considering building a factory in Spain or Austria. Full story...
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