Auto News 5

Mighty new Scirocco R vs original, top 40 cars that hold their value, electric Renault's driven, BMW's Fiesta

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French carmakers are expecting strong sales in the final months of 2009 as drivers flock to take advantage of government scrapping schemes before the end of the year, contributing to uncertainty about 2010, executives have told the Reuters Auto Summit. Full story...

Sales of new cars in France jumped 20.1% year on year last month with a boost from government incentive schemes, according to the national carmakers' body. Full story...

Watch the hottest Scirocco and Golf on the move for the first time, plus VW has released prices and details for the newcomers

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New car sales in Spain rose strongly for the second straight month in October as a result of a government incentive programme, which was extended last month into 2010. Full story...

Bridgestone Corporation is to pull out of Formula One racing, the Japanese tyre company has said, citing the continuing changes in the business environment for its decision. Full story...

New vehicle sales in Japan rose 12.6% year on year in October, the highest margin of growth in 12 years and nine months, helped partly by government tax breaks and subsidies for eco-friendly cars, an industry body said on Monday. Full story...

Special edition version of Kia's mini-MPV tempts with host of goodies and sharp look

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EXECUTIVE EDITOR WES RAYNAL: I was kiddingly whining about having to drive a six-cylinder Mustang, but gawd, this is one terrible engine. Actually, let me qualify that: This is not a great engine for a sporty car. Full story...

Indian automobile component manufacturers, who have been catering to international car companies, are taking additional value out of the supply chain by getting involved in the designing of auto parts. Full story...

Why drive to Monterey in August with everyone else when you can drive only as far as beautiful Van Nuys and get much of the same old-car thrill? Full story...

French carmakers expect strong sales in the final months of 2009 as drivers flock to take advantage of government scrapping schemes before year-end. Full story...

Ford's excellent Q3 results announcement on Monday has been overshadowed somewhat by mixed union reactions in North American to proposed concessions it has said it needs to stay competitive. Full story...

Acura is reversing course in North America as the brand suffers through the shift from high-performance luxury vehicles and the cancellation of its V8 and rear-wheel-drive programs. Full story...

Anybody who thinks starting an automotive venture is a young man's game hasn't been following the career of Jim Perkins. Full story...

Ford increased its Q3 pre-tax operating profit in Europe while Volvo narrowed its loss for the quarter. Ford said Q3 pre-tax operating profit in Europe was $193 million, compared with a profit of $69 million a year ago. Full story...

Ford on Monday announced third quarter net income of US$997m, up $1.2bn from the third quarter of 2008, pre-tax operating profit up $3.9bn to $1.1bn - its first pre-tax operating profit since the first quarter of 2008 - and an operating profit of $357m at its North America operations, the first quarter in the black since Q1 2005. It has also revised its full-year 2011 guidance for total company and North American automotive operations from "break even or better" to "solidly profitable", pre-tax. Full story...

Watch and listen to Mercedes' all-new retro-rocket as it stretches its legs in front of the camera Full story...

Expect a clash with the Qashqai and a tug-of-war with the Tiguan! Mitsubishi has entered the crossover battle, as it reveals this official sketch of the production version of its hatchback/SUV ‘cX’. Full story...

Shock eco tax plan for £2-a-litre fuel! Full story...