Auto News 5

Bankrupt Visteon has received court approval for deals that will help it restructure operations and secure finance. Full story...

The European Union's executive arm on Friday gave permission for Romania to provide aid to Ford Motor Co.'s Romanian unit. Full story...

Vehicle sales in Indonesia declined by 4.7% to 52,241 units in October, compared with 54,813 units a year earlier, according to data released by industry association Gaikindo. Sales during the month were lifted by delayed orders during the fasting month of Ramadan in September, according to local sources. Full story...

German Economy Minister Rainer Bruederle has said that Opel has no need for state aid because it can finance restructuring by itself. Full story...

We're in the middle of November already and here in Britain, the skies are grey and the autumn leaves are being swept away by cheery chaps in high-vis jackets. Right on cue, the relentless Christmas marketing festivities are cranking into gear. Here we go again (but minus Woolworths). It won't be long before you hear that tortuous Slade classic randomly reminding you that there are gifts to start thinking about. If you have some spare cash, there's a specialist Dutch firm (that grew out of Fokker aviation) with an unusual and eye-catching suggestion. C'mon, time for something new. Snooker rooms, swimming pools, gyms and home cinemas are just sooo early noughties... Full story...

Four-wheel drive supermini set to hunt down the Skoda Yeti

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General Motors Co. said on Friday it wants state aid to help restructure European arm Opel. Full story...

General Motors Co. said on Friday it wants state aid to help restructure Opel. The comments came a day after GM's chairman said the company could pay for its European arm itself. Full story...

General Motors Co. said on Friday it wants state aid to help restructure European arm Opel. Full story...

Porsche has announced a whopping EUR4.4bn pre-tax loss in its past fiscal year (ended July 31), a result that compares with an EUR8.6bn profit in the previous year. Full story...

We've admired the McLaren MP4-12C since it was unveiled in September and await the chance to drive one. Full story...

Volkswagen AG's head of sales warned investors Friday not to interpret the company's strong results in October as a sign that the industry is headed for a lasting rebound. Full story...

Volkswagen AG's head of sales warned investors Friday not to interpret the company's strong results in October as a sign that the industry is headed for a lasting rebound. Full story...

Hyundai Motor chairman Chung Mong-koo has said the company may add production facilities to its Chinese operations in response to rapidly rising sales. Full story...

Volkswagen AG has dropped a threat to stop awarding contracts to Magna International Inc. after the Canadian auto supplier failed to buy rival carmaker Opel from U.S. parent General Motors. Full story...

Volkswagen AG has dropped a threat to stop awarding contracts to Magna International Inc. after the Canadian auto supplier failed to buy rival carmaker Opel from U.S. parent General Motors. Full story...

Volkswagen AG has dropped a threat to stop awarding contracts to Magna International Inc. after the Canadian auto supplier failed to buy rival carmaker Opel from U.S. parent General Motors. Full story...

Struggling parts supplier Visteon Corp. received court approval on Thursday for several deals that will help it restructure operations and secure financing. Full story...

Struggling parts supplier Visteon Corp. received court approval on Thursday for several deals that will help it restructure operations and secure financing. Full story...

Fiat and Ford partner Koc Holding AS said its third-quarter net profit fell 43 percent as the recession bit into revenues at Turkey's largest company. Net profit fell to 466.4 million lira ($314. Full story...