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Dec
10th

GM may need until Jan to finish Opel turnaround plan

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GM's turnaround plan for Opel will likely be completed in January, GM Europe President Nick Reilly said. "This is going to be one of the largest, most complex industrial reorganizations in European manufacturing in years. Full story...
Dec
10th

GM may need until January to finish Opel turnaround plan

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Opel's turnaround plan will likely be completed in January, GM Europe President Nick Reilly said. "This is going to be one of the largest, most complex industrial reorganizations in European manufacturing in years," Reilly wrote in a blog. Full story...
Dec
10th

GM may need until Jan. to finish Opel turnaround

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GM's turnaround plan for Opel will likely be completed in January, GM Europe President Nick Reilly said. "This is going to be one of the largest, most complex industrial reorganizations in European manufacturing in years. Full story...
Dec
10th

UK: Fiat dealers will compete for customers

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From next year Fiat UK will be rating its own dealers on its own website so that potential customers can decide where to buy their cars. Full story...
Dec
10th

CHINA: Beijing to subsidise ‘green’ vehicles in five cities

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China's government is to subsidise sales of 'green' vehicles in five cities selected for a pilot programme as it boosts efforts to promote environmentally friendly vehicles in a bid to cut fuel emissions. Full story...
Dec
10th

PHILIPPINES: Vehicle sales up 30% in November

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New vehicle sales in the Philippines rose by 29.5% to 12,702 units in November, compared with 9,807 units in the same month of 2008, according to data released by the Chamber of Automotive Manufacturers Association of the Philippines (CAMPI). Full story...
Dec
10th

CHINA: Tan Chong buys Fuso’s Thai operations

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Mitsubishi Fuso Truck and Bus Corporation (MFTBC) has agreed to sell its truck plant in Lat Krabang, Thailand, and the local distribution business to Hong Kong-listed automobile distributor Tan Chong International Ltd - after eight months of negotiations. Full story...
Dec
10th

CHINA: China extends car stimulus in 2010

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The Chinese government has said it will partially extend small car incentives for another year, until the end of 2010, to help ensure continued growth in the domestic car market. Full story...
Dec
10th

US: Over 40% of sudden acceleration complaints involve Toyotas – consumer group

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Toyota and Lexus models for 2008 had a much greater incidence of sudden, unintended acceleration than other brands, according to Consumer Reports' analysis of a National Highway Traffic Safety Administration (NHTSA) safety complaints database. Full story...
Dec
10th

RESEARCH ANALYSIS: Lighting – an overview

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Each year, the world's motor vehicle lighting industry produces and distributes billions of dollars' worth of lighting equipment, light sources, sub-assemblies and components to the world's vehicle makers and a diverse aftermarket. Here, we provide an overview of developments in a dynamic and fast-moving sector. Full story...
Dec
10th

Spyker still interested in Saab; unaware of Swedish gov’t deadline

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Dutch sports car maker Spyker Cars N.V. remains interested in buying Swedish automaker Saab from parent General Motors Co. and is not aware of any deadlines imposed on the process, a spokesman for Spyker said. Spyker first said on Dec. Full story...
Dec
10th

Spyker still interested in Saab; unaware of Swedish gov’t deadline

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Dutch sports car maker Spyker Cars N.V. remains interested in buying Swedish automaker Saab from parent General Motors Co. and is not aware of any deadlines imposed on the process, a spokesman for Spyker said. Spyker first said on Dec. Full story...
Dec
10th

Spyker says it’s still interested in Saab

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Dutch sports car maker Spyker Cars N.V. remains interested in buying Swedish automaker Saab from parent General Motors Co. and is not aware of any deadlines imposed on the process, a spokesman for Spyker said. Spyker first said on Dec. Full story...
Dec
10th

GERMANY: Daimler guarantees 37,000 jobs to 2020

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Daimler has guaranteed the jobs of 37,000 workers at its Singelfingen factory in south-west Germany until 2020 and said it will create about 2,000 new posts. Full story...
Dec
10th

US: General Motors names new Chevrolet chief

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James Campbell was last night named general manager of General Motors' top selling Chevrolet brand, effective immediately. He previously headed GM's fleet and commercial operations. Full story...
Dec
10th

SWEDEN: GM needs to decide on Saab buyer this week – paper

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General Motors will need to decide this week whether to sell its loss-making Swedish car unit Saab, Swedish daily newspaper Svenska Dagbladet quoted the government's 'car czar' as saying on Thursday. Full story...
Dec
10th

JAPAN: Itochu boosts battery maker Ener1’s capital

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Large format lithium ion battery maker Ener1 has received US$20m in fresh investment capital from Itochu Corporation, a Japanese commercial trading giant ties to the automotive, utility and renewable energy industries. Itochu purchased 3.2m shares in Ener1 at US$6.18 each. Full story...
Dec
10th

Electric carmaker Think resumes production

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Production of Think Global's electric minicar started today at Valmet Automotive's plant in Finland. Think stopped output at its factory in Aurskog, near Oslo, in the second quarter as a result of the financial crisis. Full story...
Dec
10th

Electric carmaker Think resumes production

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Production of Think Global's electric minicar started today at Valmet Automotive's plant in Finland. Think stopped output at its factory in Aurskog, near Oslo, in the second quarter as a result of the financial crisis. Full story...
Dec
10th

Under the hammer, overseas: Russo and Steele explores classic-car auction in China:

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It's ambitious, it's unprecedented and it's loaded with pitfalls. But if it can be pulled off, it could serve as a template for international growth for American auction houses. Full story...
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