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Jan
12th

SPAIN: Seat axes 330 jobs

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Volkswagen unit Seat plans to cut 330 non-production jobs in Spain due to a downturn in demand. Full story...
Jan
12th

FRANCE: Renault warned over Turkey production move

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The French government has warned Renault that shifting production to Turkey must not lead to job losses in France. Full story...
Jan
12th

US: Daimler-Renault tie may include Nissan

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Daimler's plan for a technology link with Renault could also take in the French company's alliance partner Nissan. Full story...
Jan
12th

2010 Detroit Auto Show Photos and Coverage

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2010 Detroit Auto Show Photos and Coverage
2010 Detroit Auto Show Coverage, Pictures, Reviews & More at Automobile Magazine
It's January and that means that it's time for the annual extravaganza of world premieres that is the Detroit Auto Show. Check back often for all the latest debuts including the Audi A8, Cadillac CTS-V coupe, and the Mercedes-Benz E-class convertible.

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Jan
12th

GERMANY: Continental wraps up rights issue

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Supplier Continental has wrapped up its EUR1.1bn (US$1.6bn) capital increase that will be used to pay down debt. Full story...
Jan
12th

SWEDEN: Ford open to more Volvo offers

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Ford remains open to offers from other potential bidders for its Volvo Cars unit despite a commercial agreement to sell the business to China's Zhejiang Geely, according to Swedish business newspaper Dagens Industri. Full story...
Jan
12th

US: Europe auto chiefs see big sales falls in 2010

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Two key European auto industry chiefs have predicted a tough 2010 lies ahead. Ford of Europe chief executive officer John Fleming said he expected sales to fall by as much as 2m units as countries end scrappage incentive programmes while General Motors' European chief Nick Reilly thought industry-wide sales in western Europe would fall by up to 14% for the same reason. Full story...
Jan
12th

LATVIA: Car market down over 80% in 2009

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A total of 3,745 new cars were sold in Latvia in 2009 an 80.5% decrease on 2008, according to the Latvian Authorised Automobile Dealers Association. Full story...
Jan
12th

RUSSIA: Scrappage scheme due in March

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Russia is to introduce a scrappage scheme aimed at boosting its flagging new vehicle market. Full story...
Jan
12th

CHINA: New small Chevy sets Sail from Shanghai

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One of General Motors' Chinese joint ventures, Shanghai GM, has launched the Chevrolet New Sail sedan, claiming it's the first passenger car "created" in China by a Sino-foreign joint venture. Full story...
Jan
12th

GERMANY: Mercedes sets China sales record

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Mercedes-Benz car sales in China rose 65% to a record 70,100 units in 2009. World-wide the brand delivered 1,012,300 vehicles last year, down 9.7%. Full story...
Jan
12th

Detroit Auto Show 2010

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The 2010 North American International Auto Show in Detroit kicked off this week with renewed prosperity, indicating a new year with new growth for the auto industry. Though the show is smaller than it was in its heydey, the 21st year of the event featured a number of interesting concept and production car debuts, including the GMC Granite, Toyota FT-CH, Volkswagen NCC, Tesla Model S, Chevrolet Aveo and Cadillac concept, and Audi A8, Honda CRZ, and the third generation Ford Focus
Jan
12th

GERMANY: BMW optimistic on 2010 after ’09 sales slip

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BMW Group sales rose 10.1% to 123,751 last month but fell 10.4% to 1,286,310 for the year with the automaker saying the decrease "was smaller than expected and ultimately relatively moderate". Full story...
Jan
12th

GERMANY: VW’s 6.29m sales a record

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Volkswagen Group sales of 6.29m vehicles last year were up just 1.1% year on year but set a new record nonetheless. Global market rose to 11.4% from 10.3%. Full story...
Jan
12th

CHINA: Vehicle market to grow 10% this year – CAAM

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The China Association of Automobile Manufacturers (CAAM) forecasts that the Chinese vehicle market is on track to hit 10% growth in new vehicle sales in 2010. Full story...
Jan
12th

SOUTH KOREA: Subaru plans market entry for May

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Subaru will begin selling three Subaru models in South Korea in May. Full story...
Jan
12th

US/CHINA: Saab rumours swirl as GM maintains wind-down

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In the latest developments on GM's planned divestment of its Saab brand, GM executives have continued to talk tough on closure prospects while reports have surfaced that the new 9-5 production line may be shipped to China for the car to be rebranded as a Buick. Full story...
Jan
12th

DETROIT SHOW: Electric history repeating

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This 1922 Detroit Electric car is on display in the foyer at show venue Cobo Hall, in Detroit, a reminder that motoring history has a habit of repeating itself. More than 12,000 of them were built between 1907 and 1939. Full story...
Jan
12th

This week’s mag

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OFFICIAL: New Ford Focus, VW's hybrid Jetta, Peugeot's Aston, best winter SOS kits tested


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Jan
12th

FEATURE: Mazda shoots for higher UK fleet sales in 2010

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Mazda is expressing optimism about prospects for its sales in the UK fleet market this year on the basis of its product offering and some improvement in demand in the sector generally. Full story...
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