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Sep
30th

GERMANY: Bosch blocks Blaupunkt plant closure

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Robert Bosch has prevented German investment company Aurelius from closing a plant owned by former Bosch subsidiary Blaupunkt in Tunis. Full story...
Sep
30th

TURKEY: Automakers’ alleged cartel eyed

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Turkey's Competition Board had opened an investigation into 19 of the country's largest auto companies, including foreign firms, for alleged price-fixing since 2006, it said on Wednesday. Full story...
Sep
30th

Mitsubishi’s electric Outlander

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Firm reveals new plug-in hybrid SUV capable of returning over 100mpg!


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Sep
30th

JAPAN: Toyota (re)hires more temps than expected

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Toyota on Wednesday said it would hire 1,600 temporary workers starting next month. Three weeks ago, it had said it would recruit 800. Full story...
Sep
30th

TURKEY: Tax breaks out, clunkers scheme in, maybe

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The Turkish government would not extend tax breaks introduced to benefit the automotive sector but was considering a possible 'cash for clunkers' programme, industry minister Nihat Ergun said on Wednesday. Full story...
Sep
30th

JAPAN: August vehicle output off 26%

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Japanese production of cars, trucks and buses in August fell 25.9% year on year to 571,787 units for the 11th straight month of decline though the rate of decline slowed for the sixth consecutive month, the Japan Automobile Manufacturers Association (JAMA) said. Full story...
Sep
30th

BRAZIL: New car prices set to edge up

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Brazil's new car prices are set to rise as a tax break expires at the end of this month, though the impact on the market is expected to be limited. Full story...
Sep
30th

RUSSIA: State bank may get AvtoVAZ slice – reports

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Russian state bank VEB may get a stake in the troubled carmaker AvtoVAZ by acquiring an issue of its infrastructure bonds and converting them into equity, Kommersant business daily said on Wednesday. Full story...
Sep
30th

JAPAN: Nissan China JV 30% ahead of target

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Nissan Motor's Chinese joint venture expects to boost sales almost 30% ahead of the original target to 500,000 cars this year. Full story...
Sep
30th

UKRAINE: LuAZ output down 82% this year

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The Ukranian News Agency reports that in the January-August, LuAZ production reached 10,994 units, down by 82% over the same period of 2008. Full story...
Sep
30th

SWEDEN: Saab buyer may not get full EIB loan – reports

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Saab, currently being sold by General Motors, might not get the full SKR4.3bn (US$612m) loan it has requested from the European Investment Bank (EIB), a local paper Dagens Industri said, citing an anonymous source. Full story...
Sep
30th

BRAZIL: Daimler takes on workers

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Mercedes-Benz's Brazilian commercial vehicle unit is hiring 800 new employees to work in truck and bus production at its Sao Paulo plant. Full story...
Sep
30th

US: Toyota to recall 3.8m cars for floor mat check

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Toyota is to recall 3.8m vehicles in the US - reportedly its largest ever recall in that market - to check for incorrectly installed or incorrect driver's floor mats that could jam the accelerator pedal. The move followed the deaths of four people earlier this month in a new Lexus dealer demonstrator apparently fitted with the wrong mats. Full story...
Sep
30th

RUSSIA: IzhAvto secures Kia assembly – minister

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Troubled IzhAvto has secured agreement with Kia for the monthly assembly of 500 Kia Spectra and 300 Kia Sorento cars at the plant in Izhevsk, Udmurtia, according to a state minister. Full story...
Sep
30th

TOKYO PREVIEW: Honda to show near-production CR-Z hybrid sportscar

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Honda's CR-Z hybrid, on sale in 2010, will be the world's first sports hybrid car and the first petrol-electric vehicle to employ a six-speed transmission, according to the company. A near-production version called CR-Z Concept 2009 will be unveiled at the Tokyo show next month. Full story...
Sep
30th

ITALY: Fiat chief calls for incentive phase-out

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Europe-wide government incentives to encourage consumers to buy more efficient cars should be phased out gradually, Fiat CEO Sergio Marchionne said. Full story...
Sep
30th

UK: Ford plant builds engine #15,000,000

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Ford's Bridgend plant in Wales has produced its 15 millionth engine following a production boost to meet increased demand for cars due to various scrappage incentive schemes across Europe. Full story...
Sep
30th

Luxury Wagon Showdown: Audi, BMW, Cadillac

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Luxury Wagon Showdown: Audi, BMW, Cadillac
Luxury Wagon Showdown - 2009 Audi A4 Avant, 2009 BMW 328i xDrive Sports Wagon, 2010 Cadillac CTS Sport Wagon Comparison - Automobile Magazine
Despite our love for wagons, these versatile haulers have fallen out of favor with the American public.

2010 Cadillac CTS Sport Wagon


Photo Gallery: Luxury Wagon Showdown - 2009 Audi A4 Avant, 2009 BMW 328i xDrive Sports Wagon, 2010 Cadillac CTS Sport Wagon Comparison - Automobile Magazine

Photo Gallery: Luxury Wagon Showdown - 2009 Audi A4 Avant, 2009 BMW 328i xDrive Sports Wagon, 2010 Cadillac CTS Sport Wagon Comparison - Automobile Magazine


Full story...
Sep
30th

Penske Group backing out of Saturn brand purchase

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Today we learned that Penske Automotive Group (PAG) has decided to terminate discussions with General Motors to acquire Saturn. This is very disappointing news and comes after months of hard work by hundreds of dedicated employees and Saturn retailers who tried to make the new Saturn a reality. Full story...
Sep
30th

General Motors Media Statement Attributed President and CEO Fritz Henderson

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Today we learned that Penske Automotive Group (PAG) has decided to terminate discussions with General Motors to acquire Saturn. This is very disappointing news and comes after months of hard work by hundreds of dedicated employees and Saturn retailers who tried to make the new Saturn a reality. Full story...
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