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Jun
29th

UK: Government minister questions auto state aid

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UK secretary of state (minister) for business, innovation and skills (DBIS) Vince Cable has questioned whether direct government support for the car industry can be maintained given the country's straitened circumstances. Full story...
Jun
29th

Range Rover Evoque: Live

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Auto Express is at the sneak preview event for the new Range Rover Evoque this Thursday 1 July. A LIVE video feed and all the reactions begin here at 20.30 BST.
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Jun
29th

Range Rover LRX: Live

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Auto Express is at the sneak preview event for the new baby Range Rover this Thursday 1 July. A LIVE video feed and all the reactions begin here at 20.30 BST.
Full story...
Jun
29th

Land Rover LRX: Live

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Auto Express is at the sneak preview event for the new baby Range Rover this Thursday 1 July. A LIVE video feed and all the reactions begin here at 20.30 BST.
Full story...
Jun
29th

Charles Spencer King 1925-2010

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Range Rover creator passes away at the age of 85.


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Jun
29th

Nissan aims to double Indonesia output, mkt share

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Nissan said on Tuesday it aims to double its car production and market share in Indonesia by 2013, as strong demand in Southeast Asia's largest economy drives domestic sales. Full story...
Jun
29th

Nissan aims to double Indonesia output, market share

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Nissan said today it aims to double its car production and market share in Indonesia by 2013, as strong demand in Southeast Asia's largest economy drives domestic sales. Full story...
Jun
29th

Sweden’s Trelleborg to open randd center in Shanghai

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Trelleborg Automotive plans to open a research center in Shanghai to develop noise- and vibration-damping products for the auto industry. Full story...
Jun
29th

Tesla raises $226 million in 1st U.S. carmaker IPO in 54 years

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Tesla Motors Inc., the electric car company that hasn't posted a profit, raised $226 million selling shares above its forecast price range in the first initial public offering of a U.S. automaker in a half century. Full story...
Jun
29th

Hyundai lures Toyota’s Michael O’Brien to head U.S. product planning

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Hyundai Motor America today named Michael O'Brien vice president of product and corporate planning -- an influential position that has been vacant since John Krafcik became CEO in late 2008. O'Brien, 55, spent the last 14 years at Toyota Motor Corp.' Full story...
Jun
29th

Volvo’s future investors to include Chinese city Daqing, report says

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The oil city of Daqing in northeast China will invest 3 billion yuan ($441 million) in Volvo Car Corp., helping Zhejiang Geely Holding Group Co. finance its $1.8 billion acquisition from Ford Motor Co. Full story...
Jun
29th

Lotus Cars prepares to hire Lutz, Purves as advisers, sources say

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Lotus Cars Ltd. is poised to tap former General Motors Co. product guru Bob Lutz and retired BMW executive Tom Purves to advise the British niche carmaker on a five-year turnaround plan. Full story...
Jun
29th

Schaeffler takes step toward Conti merger

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German ball-bearing maker Schaeffler Group stepped closer to a merger with Continental AG, hiving off its healthy operating business into a separate company together with its 75 percent stake in the Hanover-based German auto parts supplier. Full story...
Jun
29th

Tata Motors to raise $1 billion to trim Jaguar Land Rover debt

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Tata Motors Ltd., the Indian owner of Jaguar and Land Rover, plans to raise as much as 47 billion rupees ($1 billion) to expand operations and reduce debt accumulated for the purchase of the luxury brands. Full story...
Jun
29th

Schaeffler takes step toward Conti merger

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German ball-bearing maker Schaeffler Group stepped closer to a merger with Continental AG, hiving off its healthy operating business into a separate company together with its 75 percent stake in the Hanover-based German auto parts supplier. Full story...
Jun
29th

Tesla shares surge 41% after 1st U.S. carmaker IPO in 54 years

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Stock in Tesla Motors Inc., the first U.S. carmaker to launch a public stock offering in 54 years, surged almost 41 percent in its first day of trading even as broader markets were plummeting. Tesla finished the day with a gain of $6.89, to $23. Full story...
Jun
29th

GM readies major product push in emerging markets as IPO nears

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General Motors Co. -- laying the foundation for an initial public offering as early as this fall -- told analysts today it will introduce 70 new or upgraded models in international markets by 2014. Full story...
Jun
29th

Tesla raises $226 million in 1st U.S. carmaker IPO in 54 years

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Tesla Motors Inc., the electric car company that hasn't posted a profit, raised $226 million selling shares above its forecast price range in the first initial public offering of a U.S. automaker in a half-century. Full story...
Jun
29th

The slightly redesigned 2011 Honda Accord is coming in October

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Set to go on sale in October, the 2011 Honda Accord Sedan and Coupe receive significant updates, including improved fuel economy, enhanced exterior and interior styling, and the addition of a new Special Edition (SE) trim level. Full story...
Jun
29th

F1: Audi boss Wolfgang Ullrich says no to F1

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Audi has clearly rejected speculation its name might soon appear above a formula one garage door. Full story...
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