Auto News 5

Imperial Auto Industries (IAI) and Italian group Sogefi company Allevard Rejna Autosuspensions have formed a joint venture to manufacture elastic suspension components for the Indian and overseas market. Full story...

August registration data showed the New Zealand new vehicle sector was back on track with total industry sales up over 17% year on year, according to a trade group. Full story...

The Philippine government plans to offer additional incentives to encourage investment in vehicle production. Board of Investment (BOI) executive director, Efren Leano, said "we want to make the Philippines a more attractive investment destination for automobile production".The Philippine government plans to offer additional incentives to encourage investment in vehicle production. Board of Investment (BOI) executive director, Efren Leano, said "we want to make the Philippines a more attractive investment destination for automobile production". Full story...

Joel Ewanick, 50, is rebuilding a marketing staff at General Motors Co. that has been shaken by last year's bankruptcy and subsequent turnover. Full story...

High-flying Subaru has been outperforming the U.S. market for the past two years. But overall, Japan's smaller carmakers have had a tough time in the United States for much of the past decade. Full story...

Every August, about 15,000 of America's wealthiest car buffs stroll the misty golf greens of Pebble Beach in Guccis, sipping chardonnay and admiring lovingly restored, flapper-era Morgans and Rolls-Royces and pre-war Bugattis. Full story...

Its image still bruised by driver complaints about unintended acceleration, Toyota Division has decided to revamp its marketing message and shift the focus to safety in a big way, top executives said last week. Toyota Motor Sales U.S.A.' Full story...

Don Lee thinks he can make money with Fiat and Alfa Romeo at a vacant showroom next to his dealership. Full story...

No surprise: August's 21 percent auto sales drop, to the lowest level for the month in nearly 30 years, was dismal. Last month's numbers were dragged down by comparison with August 2009, when sales soared because of cash for clunkers. Full story...

PSA is looking to export cars from China to Russia, its Asia chief Gregoire Olivier said. Full story...

China's car market will continue to grow this year but may not sustain the breakneck pace of last year, the CEO of Ford Motor Co.'s China car venture said on Saturday. "Overall this year versus last year, there will still be growth. Full story...

Kia and Hyundai are in talks with IzhAvto to build cars at the Russian company's plant. IzhAvto has an annual capacity of about 220,000 cars. Full story...

Volkswagen has recruited Giovanni Perosino, a top Fiat executive, to help oversee the marketing strategy of its growing number of brands. VW aims to topple Toyota as the world's No. Full story...

The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout... Full story...

Former GM CEO Fritz Henderson has been tapped to become CEO of SunCoke Energy following its separation from Sunoco next year. Full story...

Chrysler Group's 7 percent sales increase in August bucked the industry's 21 percent tumble. There are several reasons Chrysler was able to enjoy its fifth straight month of year-over-year sales increases. Full story...

Sales of certified used vehicles fell 10 percent last year, to 1,528,487 units. The drop followed seven years of solid growth. But certified sales though July this year rebounded 1 percent to 953,764 from the same period last year. Full story...

It is now clear that next year's formula one tyres will be identical to the ones used in the feeder series GP2. Full story...

The annual formula one calendar should be shifted in order to give team staff a more suitable period of holidays at year's end. Full story...

Luca di Montezemolo has been challenged to pledge his support or otherwise to Italy's historic grand prix venue Monza. Full story...