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Jun
18th

BELGIUM: New chiefs for Toyota in Turkey and Finland

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Toyota Motor Europe (TME) has named Orhan Ozer president and CEO of Toyota Motor Manufacturing Turkey (TMMT) starting 1 July. Full story...
Jun
18th

JAPAN: Toyota seeks to cut prices by 30%

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Toyota Motor wants to slash car prices by 30% 2013 through a new cost-cutting strategy. Full story...
Jun
18th

POLAND: Politician frets over Panda production move plans

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Polish presidential candidate Jaroslaw Kaczynski has urged the country's government to intervene against moves by Fiat to transfer assembly of its Panda model to Italy. Full story...
Jun
18th

FRANCE: PSA plans new models for emerging markets

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PSA Peugeot Citroen is planning two new models for emerging countries as it seeks to break its dependence on mature markets according to Les Echos newspaper. Full story...
Jun
18th

BELGIUM: Plastic Omnium and Solvay ink MOU

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Plastic Omnium has put forward a bid to acquire international chemical and pharmaceutical group Solvay's 50% stake in Inergy Automotive Systems Full story...
Jun
18th

MEXICO: VW sees production and sales rebound

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Volkswagen's Mexican unit expects its sales to rise about 25% this year from 2009 to US$8bn. Full story...
Jun
18th

SAUDI ARABIA: KSU unveils Gazal-1 model

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King Saud University (KSU) has unveiled its Gazal-1 model, said to be specifically designed for the terrain of the Arab peninsular. Full story...
Jun
18th

GERMANY: Porsche reports EUR700m nine-month loss

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Porsche has booked an operating profit of EUR600m for the first nine months of its fiscal year ending 31 July next but lost EUR700m after tax due to costs associated with Volkswagen. Full story...
Jun
18th

US: Nissan opens new northwest training centre

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Nissan North America has opened its new Livermore Training Center, located about 45 miles east of San Francisco. The facility trains dealer technicians from the northwest region which covers Northern California, Colorado, Idaho, Hawaii, Montana, Nevada, Utah and Wyoming. Full story...
Jun
18th

Opel expects big sales boost for Astra with debut of new wagon

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Opel/Vauxhall expects its Astra compact car range to get a big sales boost with the addition of a station wagon variant that will launch in Europe in November, a month after its debut at the Paris auto show. The wagon, which the General Motors Co. Full story...
Jun
18th

2011 Honda CR-Z, an AW Flash Drive:

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What is it? Full story...
Jun
18th

Ford’s Turkey unit raises 2010 unit-sales target

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Ford's Turkish unit, Ford Otosan, has raised its 2010 sales target to 264,000 vehicles from a previous target of 259,000. Full story...
Jun
18th

Porsche raises forecast as Panamera helps sales beat estimates

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Porsche Automobil Holding SE improved its full-year forecast after the carmaking division's sales beat analysts' estimates as the new Panamera sedan attracted buyers. Full story...
Jun
18th

VW showcases China EV strategy

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Volkswagen showcased three electric cars and a hybrid at a week-long workshop in Shanghai #8211; offering a glimpse of its strategy to introduce EVs to the world's largest car market. Full story...
Jun
18th

PSA to develop 2 models for emerging markets

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PSA is working on two new cars for emerging countries. Full story...
Jun
18th

First Drive: 2011 Honda CR-Z

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First Drive: 2011 Honda CR-Z
2011 Honda CR-Z - First Drive - Automobile Magazine
Is the 2011 Honda CR-Z a new CRX?

Is the 2011 Honda CR-Z a new CRX? Well, the CRX's influence is not only obvious in the CR-Z's name (which stands for Compact Renaissance Zero) but also in its truncated tail and horizontally split rear window. The triangular taillights bear a strong family resemblance to Honda's current (and pretty dorky) Insight, but the CR-Z is lower, wider, and certainly cooler. The upswept character lines and D-pillar suggest motion even when the car is parked, but the long front overhang can't mask this car's economy-car roots. After all, the CR-Z shares its basic architecture with the Fit and the Insight, but it rides on a wheelbase that is considerably shorter. The CR-Z is an inch shorter overall than the Fit but is almost two inches wider and more than five inches lower. Surprisingly, headroom is generous, since the sport seats are mounted low.


Photo Gallery: 2011 Honda CR-Z - First Drive - Automobile Magazine


Full story...
Jun
18th

First Drive: 2011 Honda CR-Z

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First Drive: 2011 Honda CR-Z
2011 Honda CR-Z - First Drive - Automobile Magazine
Is the 2011 Honda CR-Z a new CRX?

Is the 2011 Honda CR-Z a new CRX? Well, the CRX's influence is not only obvious in the CR-Z's name (which stands for Compact Renaissance Zero) but also in its truncated tail and horizontally split rear window. The triangular taillights bear a strong family resemblance to Honda's current (and pretty dorky) Insight, but the CR-Z is lower, wider, and certainly cooler. The upswept character lines and D-pillar suggest motion even when the car is parked, but the long front overhang can't mask this car's economy-car roots. After all, the CR-Z shares its basic architecture with the Fit and the Insight, but it rides on a wheelbase that is considerably shorter. The CR-Z is an inch shorter overall than the Fit but is almost two inches wider and more than five inches lower. Surprisingly, headroom is generous, since the sport seats are mounted low.


Photo Gallery: 2011 Honda CR-Z - First Drive - Automobile Magazine


Full story...
Jun
18th

ZF sales in China will top 1 billion euros this year

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German supplier ZF projects sales of 1.1 billion euros ($1.3 billion) in China this year, up from 970 million euros in 2009. The chassis and driveline specialist expects to capitalize on the robust Chinese operations of Volkswagen, Daimler and BMW. Full story...
Jun
18th

Mitsubishi to cut price of electric cars, report says

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Mitsubishi Motors Corp. aims to cut the price of its electric vehicles to 2 million yen ($21,890) by fiscal 2012 -- down 30 percent -- to capitalize on the growing popularity of cars in that price range, the Nikkei business daily reported. Full story...
Jun
18th

Magna bows to pressure, shares details of plan to buy Stronach’s control

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Magna International Inc. gave into regulator and shareholder demands Thursday to provide them with more information about its controversial plan to pay its founder and chairman nearly $900 million to cede control of the company. Full story...
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