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Jan
27th

RUSSIA: Authorities tighten component import regime

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Russian authorities have tightened the regime under which foreign carmakers can assemble vehicles in the country. Full story...
Jan
27th

CHINA: Supplier forms power steering JV with Beijing Auto

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Power steering specialist China Automotive Systems' (CAAS) subsidiary Great Genesis Holdings is forming a joint venture (JV) with Beijing Automobile Industrial Holdings subsidiary, Beijing Hainachuan Auto Parts. The JV, Beijing Hailong Automotive System, will design, develop and manufacture hydraulic and electric power steering systems and parts for Beijing Auto. Full story...
Jan
27th

UK: Saab cash situation a worry – analyst

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The Saab cash situation is something that new owner Spyker would have to address should the deal be finalised on 15 February as proposed, IHS Global Insight auto analyst Ian Fletcher said in a research note on Wednesday. Full story...
Jan
27th

BMW M5 spied

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BMW's latest super saloon is almost ready and these pictures are the proof.


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Jan
27th

VW Touareg

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Leaked images of toy version show how new SUV will look ahead of Geneva Motor Show debut


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Jan
27th

Merc-based hypercar storms in

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German tuner Carlsson unveils re bodied Mercedes SL63 with 219mph top speed ahead of Geneva debut


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Jan
27th

US: Ford CEO eyes debt and cashflow

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Ford CEO Alan Mulally's 'to do' list for 2010 includes 'reduce long-term debt' and 'get cashflow into line with FedHelped Detroit rivals', according to a report from the Washington motor show. Full story...
Jan
27th

ITALY: Minister unhappy at Fiat closures

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Fiat has weakened its case for closing its Sicily factory and extending incentives by suspending all Italian output for two weeks, the minister in charge of the car purchase tax breaks has said. Full story...
Jan
27th

BELGIUM: Eurocrats promise fast Saab loan scrutiny

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European Union regulators have said they would review Swedish authorities' plan to guarantee a EUR400m (US$562million) European Investment Bank (EIB) loan to Saab as soon as possible. Full story...
Jan
27th

NETHERLANDS: Spyker faces profit challenge

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Analysts and industry observers alike appear united in their views on Dutch luxury sportscar maker Spyker becoming the unlikely winner of the Saab auction, saying it is likely to struggle with the big challenge of converting two loss-making companies into one profitable entity. Full story...
Jan
27th

SWEDEN: Local media rejoice at Saab deal

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Swedish media rejoiced on Wednesday over news that Spyker's purchase of loss-making Swedish brand Saab from owner General Motors had reached the 'binding' agreement stage, but, like just-auto, warned of the challenges ahead for the brand which has iconic status in its native land. Full story...
Jan
27th

ITALY: Fiat plans two-week output halt

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Fiat will suspend all production in Italy for two weeks from 22 February, laying off 30,000 workers, to match output to orders. Full story...
Jan
27th

GERMANY/BELGIUM: Opel unions threaten widespread strikes

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The European Metalworkers' Federation (EMF) has warned Opel's management that it faces widespread industrial action if the planned closure of the company's Antwerp plant goes ahead later this year with the loss of 2,600 jobs. Full story...
Jan
27th

US: Toyota stops some model sales, suspends output

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Toyota Motor Sales USA has temporarily stopped dealers selling eight models involved in the recall for sticking accelerator pedals announced on 21 January, 2010 and will also suspend production. Full story...
Jan
27th

Mercedes SLK out in the open

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Sleek two-seater drop-top scooped - buyers can look forward to more luxury and power than ever before.


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Jan
27th

US: Whiteacre CEO confirmation no suprise – analyst

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A top automotive analyst has said she was not surprised General Motors had opted to retain Ed Whiteacre in the combined roles of chairman and CEO, although more middle managerial changes were expected. Full story...
Jan
27th

Porsche 911

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Next-generation 911 caught up close, revealing subtle styling changes and new LED lights
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Jan
27th

Porsche 911 spied at the pumps

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Next-generation 911 caught up close, revealing subtle styling changes and new LED lights


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Jan
27th

ANALYSIS: A glimmer of hope for Saab

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General Motors' sale process for Saab has been long drawn out but there is some cheer today for the people at Saab and we wish them luck. Full story...
Jan
27th

Saab sold to Spyker

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Sweden's second car maker is sold to Dutch supercar maker Spyker in £47 million deal.


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