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Aug
13th

Ford boosts Escape, Focus output to meet clunker demand

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Ford Motor Co. is boosting third-quarter production of the Escape and Focus to replenish inventories depleted by cash-for-clunkers demand. Full story...
Aug
13th

Ford boosts Escape, Focus output to meet clunker demand:

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Ford Motor Co. is boosting third-quarter production of the Escape and Focus to replenish inventories depleted by cash-for-clunkers demand. Full story...
Aug
13th

Ford cranks up OT to build more Focuses:

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Ford Motor Co. is cranking up production of the Ford Focus after strong cash-for-clunkers demand put the compact in short supply. Full story...
Aug
13th

US: Ford hikes Q3 and Q4 NA production schedules

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Ford has announced that it is increasing North American production by another 10,000 units to 495,000 units in the third quarter as it builds more fuel-efficient vehicles to meet "Cash for Clunkers" demand. Full story...
Aug
13th

US: Ford confirms boost to Focus production

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Ford in the US has confirmed it has boosted output of its Focus car in response to an uptick in orders for the model. Full story...
Aug
13th

Four supercars, four friends, one heck of a road trip to Pebble Beach:

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Dennis Liu answers his cell phone sounding surprisingly chipper, considering he just completed a 5,000-mile trek across the country. Full story...
Aug
13th

SOUTH KOREA: KDB to offer fresh loans to Ssangyong

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The state-run Korea Development Bank (KDB) has said it will provide financial aid worth 130 billion won (US$104 million) to help Ssangyong normalise its operations. Full story...
Aug
13th

BMW to show production hybrid X6, 7-series at Frankfurt motor show:

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A pair of fire-breathing hybrids from BMW based on the X6 and the 7-series will be revealed in production guise at the Frankfurt motor show in September. Full story...
Aug
13th

GERMANY: Hopes expressed for Schaeffler-Conti ‘common concept’

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After a prolonged period of infighting between Conti and its putative new owner Schaeffler, the outgoing chairman of the firm's supervisory board, Rolf Koerfer, has expressed hopes that the company can fashion a 'common concept' with Schaeffler. Full story...
Aug
13th

Magna resolves final Opel issues with GM, Wolf says

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Magna International Inc. and its Russian partner Sberbank have reached agreement in principle with General Motors Co. management over a contract to buy 55 percent of GM's Opel unit, Magna's co-CEO Siegfried Wolf said. Full story...
Aug
13th

Magna says it has accord to buy 55% of GM’s Opel

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Magna International Inc. and its Russian partner Sberbank have reached agreement in principle with General Motors Co. management over a contract to buy 55 percent of GM's Opel unit, Magna's co-CEO Siegfried Wolf said. Full story...
Aug
13th

Magna resolves final Opel issues with GM, supplier boss Wolf says

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Magna International Inc. and its Russian partner Sberbank have reached agreement in principle with General Motors Co. management over a contract to buy 55 percent of GM's Opel unit, Magna's co-CEO Siegfried Wolf said. Full story...
Aug
13th

Magna resolves final Opel issues with GM, supplier boss Wolf says

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Magna International Inc. and its Russian partner Sberbank have reached agreement in principle with General Motors Co. management over a contract to buy 55 percent of GM's Opel unit, Magna's co-CEO Siegfried Wolf said. Full story...
Aug
13th

Magna’s Wolf says deal on GM’s Opel is near

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Magna International Inc. and its Russian partner Sberbank have reached an agreement in principle with General Motors' management over a contract to buy a stake in GM's Opel unit, Magna co-CEO Siegfried Wolf said. Full story...
Aug
13th

Magna, GM near deal on Opel sale, supplier co-CEO Wolf says

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Magna International Inc. and its Russian partner Sberbank have reached an agreement in principle with General Motors' management over a contract to buy a stake in GM's Opel unit, Magna Co-CEO Siegfried Wolf said. Full story...
Aug
13th

Magna agrees with GM to buy Opel, co-CEO Wolf says

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Magna International Inc. and its Russian partner Sberbank have reached an agreement with the management of General Motors to acquire a 55 percent stake in GM's Opel unit, Magna Co-CEO Siegfried Wolf said. Full story...
Aug
13th

GERMANY: GM receives revised Magna proposal

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GM said today that it has received a revised 'draft agreement' from Magna/Sberbank and will be reviewing it over the next few days. Full story...
Aug
13th

Volkswagen CEO Winterkorn to be Porsche SE boss, sources say

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Volkswagen AG CEO Martin Winterkorn is set to also become CEO of Porsche Automobil Holding SE, two people familiar with the matter said. Full story...
Aug
13th

VW CEO Winterkorn to be Porsche SE boss, sources say

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Volkswagen AG CEO Martin Winterkorn is set to also become CEO of Porsche Automobil Holding SE, two people familiar with the matter said. Full story...
Aug
13th

ITALY: Tax office launches probe into Agnelli family

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Italian tax authorities are looking into undeclared holdings in Switzerland and elsewhere owned by Fiat SpA's Agnelli family. Full story...
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