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Jul
14th

RESEARCH SNAPSHOT: Flood of new auto transmission technologies imminent

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Europe may have long resisted the automatic gearbox, but new environmental and fuel efficiency legislation combined with major advances in electronics and manufacturing techniques are paving the way for a flood of new automated transmission technologies according to research from industry website just-auto.com. Full story...
Jul
14th

US: Ally rebranding to take place next month

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Rebranding of US$100bn consumer and dealer-related fianmamce company GMAC to Ally in the US, Canada and Mexico will start next month. Full story...
Jul
14th

US: GMAC rebranded Ally next month

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Rebranding of US$100bn auto consumer and dealer finance company GMAC to 'Ally' in the US, Canada and Mexico will start next month. Full story...
Jul
14th

IRAN: State disposes of 18% of IKCO

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Iran's government has sold 18% of automaker IranKhodro Company (IKCO) for a value of US$1.3bn. Full story...
Jul
14th

GERMANY: New VW Sharan in on the action

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The scene is the Bavaria film studios, south of Munich; the setting is a pavement café; it could be Paris, Madrid or just about anywhere in Europe. The action centres on the fully redesigned Volkswagen Sharan which a woman wants to park in an impossibly small gap between two cars parked outside the café. Full story...
Jul
14th

UK: Chevrolet throws lifebelt to sinking market

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In today's economically turbulent times, new car buyers want the security of a "lifebelt", according to Chevrolet UK managing director Mark Terry. Full story...
Jul
14th

Volvo parks Brits at the drive-in movie

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The British have never had the weather, the space or the car culture necessary for drive-in movies. But they've all seen "Grease," and the romance of the drive-in is firmly implanted in the popular psyche. Full story...
Jul
14th

Mini CEO Armbrecht aiming for sales of 300,000

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Mini's latest model, the Countryman, will help the brand reach sales of 300,000 'in the near future,' CEO Wolfgang Armbrecht said. The BMW-owned brand sold 216,000 units last year. Full story...
Jul
14th

GERMANY: Size matters to Kia

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Last year the Hyundai and Kia group overtook Ford as the number four carmaker in the world with sales of just over 5m vehicles. It was only by a small margin but it was important, according to a senior European executive at the fast-rising Korean conglomerate. Full story...
Jul
14th

SOUTH KOREA: Ssangyong bid deadline extended

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The final bid deadline for troubled South Korean carmaker Ssangyong Motor has been extended by three weeks to give interested parties more time to carry out due diligence. Full story...
Jul
14th

GERMANY: Ford will not offer discounts to boost sales

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Ford said it remains committed to sustaining profitability in a weaker European industry as it maintained its position as Europe's second best-selling passenger car brand for the first half of 2010. Full story...
Jul
14th

EGYPT: GB Auto invests in new warehousing

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GB Auto is to build a US$13m automotive warehousing and logistics facility near Cairo, Egypt, which it hopes will generate US$8m a year in savings and fees. Full story...
Jul
14th

Renault-Nissan hires former Toyota, Chrysler boss Jim Press as adviser

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The Renault-Nissan alliance has hired Jim Press, former head of Toyota's U.S. unit, as a consultant for the group's global sales and marketing. Full story...
Jul
14th

Nissan-Renault hires former Toyota, Chrysler boss Jim Press as adviser

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The Renault-Nissan alliance has hired Jim Press, former head of Toyota's U.S. unit, as a consultant for the group's global sales and marketing. Full story...
Jul
14th

Putin presses AvtoVAZ to modernize

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Russian Prime Minister Vladimir Putin has pressed the head of the country's largest carmaker AvtoVAZ to outline modernization plans following state support which helped the company through the financial crisis. Full story...
Jul
14th

Toyota cites driver errors in acceleration cases

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Toyota's investigation of accidents involving unintended acceleration where motorists said they pressed on the brake pedal show that 'virtually all' involved drivers who pushed the accelerator instead, a company spokesman said. Full story...
Jul
14th

Ford Focus electric battery packs to be built by LG Chem unit

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Ford Motor Co. has selected LG Chem's U.S. unit Compact Power Inc. to supply battery packs for an electric Focus compact car for U.S. production starting in 2011, the automaker said today. Full story...
Jul
14th

Porsche, Ford top list of brands in ‘Ideal’ survey; Range Rover No. 1 vehicle

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The Range Rover SUV from Land Rover was the overall top-rated vehicle in AutoPacific's 2010 survey of the most ideal vehicles as surveyed by new owners. Full story...
Jul
14th

Coachbuilder Heuliez is rescued, but won’t build cars in future

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Struggling French coachbuilder Heuliez will no longer build cars but has a future as a parts supplier, new CEO Francois de Gaillard said. Full story...
Jul
14th

VW recruits Lotus COO as quality boss

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Volkswagen has recruited Frank Tuch, a former quality executive at Porsche, as its chief quality officer. Tuch, 43, will leave his current post as chief operating officer of the British niche sports car maker Lotus Group at the end of July. Full story...
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