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Heavily in debt, AvtoVAZ on Tuesday said it was creating a staff to oversee the implementation of its anti-crisis programme. Full story...

Hyundai Motor has said it will skip this year's Tokyo Motor Show, making it the latest automaker to bow out as marketing budgets come under pressure. Full story...

Electric vehicles were one of the dominant features of this year's Frankfurt motor show. But unlike in 2007, nearly all the ones that were on show this year were very real runners. As an engineer, the future excites Tony Butcher who started in the car industry as an apprentice, gaining an MSc in engineering business management, before joining Rover. He progressed through the ranks running major operations at Unipart and Benetton F1 before ending up at Prodrive in 1998. Full story...

China's Ministry of Commerce (MOC) has issued a statement saying it would approve GM's plan to buy part of Delphi, but also set conditions on the deal to avoid restricting competition. Full story...

Mazda will launch new petrol and diesel engines and an automatic transmission at the Tokyo motor show next month. Full story...

After 30 years as the favoured new car import on the auto-restricted island of Cuba, Russia's Lada is facing competition from the more modern, power steered, air conditioned Geely CK with its electric windows and other mod cons but may yet fight back. Full story...

Electric supercar combines stealth styling with earth-shattering pace

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A unit of Navistar International and China's Jianghuai Automobile plan to set up a 50-50 truck venture with investment of at least CNY2bn (US$293 million), Jianghuai said on Tuesday. Full story...

Hyundai Mobis, the auto components maker affiliated with the Hyundai Kia Automotive Group, plans to expand its current network of 18 overseas logistics centres supplying spare parts. Full story...

Toyota Motor plans to consolidate purchases of resin materials among group companies to cut costs and strengthen its bargaining power, the Nikkei business daily has reported. Full story...

Canadian artist turn a G37 Coupe into a work of art, to celebrate the manufacturer's 20th anniversary

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China has approved General Motors' plan to buy back part of former parts unit Delphi following an anti-monopoly probe, Chinese state media said on Tuesday. Full story...

Detroit-based businessman and national dealer chain owner Roger Penske is expected to close a deal to buy General Motors' Saturn division tomorrow (30 September), a local paper reported, adding that an official announcement could be made on Thursday. Full story...

A Guide To The Future Of High MPG: It's About Efficiency, Not Economy.

Enthusiasts have reason to be concerned about high-performance cars being regulated out of existence.

Enthusiasts have reason to be concerned about high-performance cars being regulated out of existence. Consider the recent passage of the Obama administration's new CAFE standards as well as the looming specter of cap and trade carbon taxes. Some Draconian scenarios predict an over-regulated future filled with dull cars.inline_mediumwraptextright30638772/green/news/0909_guide_to_the_future_of_high_mpg_efficiency_not_economy0909_03_z+2010_chevrolet_corvette+front_three_quarter_view.jpgTrue

Photo Gallery: A Guide To The Future Of High MPG - Efficiency vs Economy - Automobile Magazine

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US light vehicle sales appear likely to have fallen back this month to the nearly 30-year lows of early 2009 after the ending of the government 'cash for clunkers' incentives that boosted August volume. Full story...

Drop top version of Ferrari's stunning 458 Italia will follow two years behind the coupe

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Russian carmaker IzhAvto is in talks with state-owned Rostekhnologii on becoming part of the industrial conglomerate's Rosavto automobile holding, according to business daily Vedomosti. Full story...

Fiat and Chrysler group CEO Sergio Marchionne will not stand for re-election to the board of the Swiss bank UBS next year, the bank said. Full story...

Volkswagen and the IG Metall union have agreed a 4.2% pay rise that will affect 95,000 staff in six western German plants. Full story...

Wonder Auto Technology, a manufacturer of automotive electrical parts, suspension products and engine accessories in China, has announced that one of its subsidiaries, Jinzhou Halla Electrical Equipment (Jinzhou Halla), has entered into a joint development agreement with Shenzhen BYD Auto Company. Full story...