Auto News 5

Chery Automobile exports will pass 100,000 units this year, more than doubling the tallly a year ago, its chairman said. Full story...

Italy has lifted its objections to an EU free trade agreement with South Korea on the condition that the pact does not come into effect before June 30, 2011, a spokesman for the foreign ministry said on Thursday. Full story...

The Indonesian government is sending a delegation to South Korea later this month in the hope of securing investment from major automotive companies, including Hyundai Motor. Full story...

Fiat, Ford and Toyota led a fifth-consecutive monthly drop in European car sales as the end of government incentives hit demand. Audi gained market share. Registrations fell 12 percent to 731,503 vehicles in August from a year earlier. Full story...

Chinese automaker SAIC plans to roll out 20,000 energy-efficient vehicles in Shanghai and the Yangtse River delta area by 2012, a senior executive with the parent company said. Full story...

Nissan celebrates 40 years of the Z car in the United States with an anniversary edition of the 2010 370Z. Special paint and interior trim are the highlights. Full story...

Fiat said its auto and industrial units would each have 2.5 billion euros ($3.3 billion) net industrial debt after a demerger it expects to complete by the end of the year. Full story...

Fiat said its auto and industrial units would each have 2.5 billion euros ($3.3 billion) net industrial debt after a demerger it expects to complete by the end of the year. Full story...

Ford Motor Co.'s 2012 Focus compact will be the first Ford product to have frontal and side airbags designed to deploy specifically to match an occupant's body size. Full story...

Ford Motor Co. will regain an investment-grade credit rating sooner than the company expected, CEO Alan Mulally said Wednesday. Full story...

BMW expects strong unit sales in the third quarter to drive results, with an expected seasonal slowdown having less of an impact than forecast. "Our car sales volume is set to rise by some 10 percent to more than 1. Full story...

Ford Motor Co. will regain an investment-grade credit rating sooner than the company expected, CEO Alan Mulally said Wednesday. Full story...

The 8th round of the DTM championship will be presented this week-end in Oschersleben. Bruno Spengler still leads provisional classification and will do his best to defend his position. Full story...

This year's Australian grand prix cost taxpayers almost $10 million more than the previous Melbourne race. Full story...

Kimi Raikkonen's manager has confirmed he contacted Renault about the 2007 world champion returning to formula one next season. Full story...

A hundred F1 regulars should be expelled from formula one if the sport is serious about cutting costs. Full story...

Cruising the legendary Croisette boulevard through Cannes in the French Riviera, we follow the lovely Cote D'Azur coastline. On one side, the heartbreakingly beautiful bay with its sandy beaches and enormous yachts, on the other, exclusive boutiques and sidewalks bustling with an astonishing array of casually chic shoppers. We pass by the surprisingly plain Palais des Festivals of Cannes, where just a week prior, films stars and glitterati strutted their finest on the red carpet. Full story...

Stuttgart. With a power output of 408 hp, outstanding vehicle dynamics and emphatically sporty equipment, the new 911 Carrera GTS ascends to the pinnacle of the Carrera model series. Full story...

Williams has delayed the announcement of its drivers for 2011 because the British team is considering whether or not to retain Nico Hulkenberg. Full story...

Team Penske's Will Power received the road/street course trophy from Andretti at Infineon Raceway last month but the inaugural A.J. Foyt Oval Championship Trophy is still up for grabs. Full story...