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Aug
12th

VIETNAM: Vietnam vehicle sales rise by 26% in July [adds detail]

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The Vietnamese vehicle market expanded by 26.1% in July to 10,839 units, from 8,592 units a year earlier, according to data released by the Vietnam Automotive Manufacturers Association (VAMA). Full story...
Aug
12th

US: Despite Chevy Volt claims, other hybrids cheaper to own – Edmunds

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While the eye-catching announcement from GM that the Chevy Volt will achieve 230 miles per gallon is creating lots of buzz, Edmunds.com says that the expected purchase price will be way above that of existing hybrids and that the expected price premium will take years to pay off. Full story...
Aug
12th

FRANKFURT PREVIEW: Mazda to showcase new Mazda CX-7

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The Mazda stand at next month's Frankfurt International Motor Show (IAA) will exhibit the new Mazda CX-7, featuring Mazda's new 'family face' as seen on Mazda6 and Mazda3. Mazda also says the new model comes with an innovative new high-output diesel engine. Full story...
Aug
12th

BMW Progressing On Greener Vehicles

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BMW Progressing On Greener Vehicles
BMW Progressing On Greener Vehicles - BMW Hybrids and Electric Cars - Automobile Magazine
According to BMW's Chief Executive Norbert Reithofer, BMW is not going to launch a fourth brand.

According to BMW's Chief Executive Norbert Reithofer, BMW is not going to launch a fourth brand to BMW, MINI, and Rolls Royce as some media outlets had reported. During a telephone conference, Reithofer did confirm that the new Megacity-vehicle program (dubbed Project i) will be launched under a "BMW sub-brand" comparable to BMW's M badge. The launch of the electric BMW will come after 2010 and prior to the 2015 model year.


Photo Gallery: BMW Progressing On Greener Vehicles - BMW Hybrids and Electric Cars - Automobile Magazine


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Aug
12th

SWEDEN: Saab may qualify for larger loan guarantees

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Saab Automobile may win Swedish state guarantees for loans from the European Investment Bank that exceed the SEK4.3bn (US$600m) originally sought according to a report by Bloomberg News. Full story...
Aug
12th

SOUTH KOREA: Hyundai Automotive Group jumps into fourth place

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South Korea's Hyundai-Kia Automotive Group, has overtaken Ford to become the fourth largest global automotive manufacturer, according to the latest figures from the Automotive News Data Centre. Full story...
Aug
12th

GM ‘anxious’ to get sale of Opel unit done, CFO says

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General Motors Co. has no intention of reopening the sale process for Opel and remains intent on reaching a deal with one of the two remaining bidders as quickly as possible. Full story...
Aug
12th

GM ‘anxious’ to get Opel sale done, CFO says

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General Motors Co. has no intention of reopening the sale process for Opel and remains intent on reaching a deal with one of the two remaining bidders as quickly as possible. Full story...
Aug
12th

GM ‘anxious’ to get sale of Opel unit done, CFO says

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General Motors Co. has no intention of reopening the sale process for Opel and remains intent on reaching a deal with one of the two remaining bidders as quickly as possible. Full story...
Aug
12th

General Motors is ‘anxious’ to get sale of Opel unit done, CFO says

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General Motors Co. has no intention of reopening the sale process for Opel and remains intent on reaching a deal with one of the two remaining bidders as quickly as possible. Full story...
Aug
12th

General Motors is ‘anxious’ to get sale of Opel unit done, CFO says

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General Motors Co. has no intention of reopening the sale process for Opel and remains intent on reaching a deal with one of the two remaining bidders as quickly as possible. Full story...
Aug
12th

GM wants speedy Opel sale, CFO says

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General Motors Co has no intention of reopening the sale process for Opel and remains intent on reaching a deal with one of the two remaining bidders as quickly as possible. Full story...
Aug
12th

Degenhart to replace Neumann as Conti CEO

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Continental AG has a new CEO following a major shake-up of its top management. Elmar Degenhart will replace Karl-Thomas Neumann, the company said in a statement Wednesday. Full story...
Aug
12th

Neumann is out as Conti CEO; board chairman to step down later

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Continental AG has a new CEO following a major shake-up of its top management. Karl-Thomas Neumann will be replaced by Elmar Degenhart, the company said in a statement Wednesday. Full story...
Aug
12th

Neumann out as Conti CEO; board chairman to step down later

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Continental AG has a new CEO following a major shake-up of its top management. Full story...
Aug
12th

Neumann out as Conti CEO; board chairman to step down later

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Continental AG has a new CEO following a major shake-up of its top management. Full story...
Aug
12th

Continental supervisory board to decide fate of CEO and chairman

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Continental AG's supervisory board is due to decide on Wednesday the fate of both its CEO Karl-Thomas Neumann and Chairman Rolf Koerfer as part of a deal that could end a feud with its controlling shareholder. Full story...
Aug
12th

Continental board to decide fate of CEO, chairman

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Continental AG's supervisory board is due to decide on Wednesday afternoon the fate of both its CEO Karl-Thomas Neumann and chairman Rolf Koerfer as part of a deal that could end a feud with its controlling shareholder. Full story...
Aug
12th

GM keeping green car technology in house

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General Motors plans to design, develop and manufacture electric motors for its growing array of gasoline-electric hybrids and electric vehicles. Full story...
Aug
12th

Opel bidder RHJ to ask for less than 3B euros in state aid

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Belgian-based RHJ International will ask for less than 3 billion euros ($4.26 billion) of state aid as part of a bid for Opel, German business daily Handelsblatt reported, citing government and financial sources. Full story...
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