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Aug
6th

Iacocca shows custom 45th-anniversary Mustang:

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The man behind the original Mustang--Lee Iacocca--is back with a custom-built 2009 version that celebrates 45 years of the iconic pony car. Full story...
Aug
6th

Clunker payments trickle in; nearly $1 billion spoken for

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Dealers who sold vehicles under the cash-for-clunkers program are finally being shown the money. Full story...
Aug
6th

Clunker payments trickle in; nearly all $1 billion spoken for

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Dealers who sold vehicles under the cash-for-clunkers program are finally being shown the money. Full story...
Aug
6th

Clunker payments trickle in; nearly all $1 billion spoken for

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Dealers who sold vehicles under the cash-for-clunkers program are finally being shown the money. Full story...
Aug
6th

Don’t qualify for clunker program? Have they got a deal for you!

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A group of more than 60 dealers is trying to lure buyers who don't quality for the government's cash-for-clunker program by jointly marketing and funding their own incentive program. The dealers have launched Full story...
Aug
6th

Former Maserati chief to head Fisker sales and marketing

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As Fisker Automotive gears up to launch its plug-in electric hybrid Karma luxury sedan next year, the California company continues to add executives. Full story...
Aug
6th

Ford’s Booth isn’t worried about an Opel-Magna deal

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Ford Motor Co. is closely watching Magna International Inc.'s bid for General Motors Co.'s Opel unit but thinks it could continue working with Magna even if the giant supplier also owns a stake in a rival automaker, Ford CFO Lewis Booth said. Full story...
Aug
6th

Fiat gets approval to purchase Bertone coachbuilding business:

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Fiat S.p.A.'s bid for Carrozzeria Bertone S.p.A. was approved Thursday by the Italian government. Full story...
Aug
6th

Fiat gets OK to buy Bertone coachbuilding business:

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Fiat S.p.A.'s bid for Carrozzeria Bertone S.p.A. was approved Thursday by the Italian government. Full story...
Aug
6th

Clunker sales pace cannot be sustained, Edmunds.com says

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Even if the government injects another $2 billion into the cash-for-clunkers program, the good times for dealers won't last, Edmunds.com says. The first $1 billion boosted the seasonally adjusted annual rate, or SAAR, to 19. Full story...
Aug
6th

BMW’s Leipzig plant lends Spartanburg a hand

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Inside its nearly completed new assembly plant in Spartanburg, S.C., BMW is preparing to become more efficient. Full story...
Aug
6th

Cashing in on an early exit, and Buick gets hybrids, in News Brake for Thursday, August 6:

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In today's News Brake: NASCAR drivers can cash in with an early exit, Buick plugs in to hybrids, and Aiko Toyoda is ready to bring excitement back to Toyota showrooms . . . But Wait, There's More! Full story...
Aug
6th

US: Senate votes on final clunkers cash

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The US Senate will vote within hours this Thursday evening on a second and likely final cash injection for the taxpayer-funded CARS ('cash for clunkers') programme which ran through its original $1bn allocation in a week. Full story...
Aug
6th

US: Fuel cell Toyotas by 2015 – new chairman

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Toyota hopes to start commercial production of fuel cell vehicles by 2015, new president Akio Toyoda told an auto industry conference in Traverse City. Full story...
Aug
6th

US: World Bank unit to part fund VW India factory

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World Bank private sector lender International Finance Corp is to spend EUR135m on Volkswagen India's Pune car assembly plant to help create local jobs. Full story...
Aug
6th

Buick lineup to get 2 new crossovers

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Buick is planning two new crossovers, including a plug-in hybrid. The company today revealed its plans for the plug-in. Full story...
Aug
6th

Buick lineup to likely get two new crossovers

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Buick is planning two new crossovers, including a plug-in hybrid. The company today revealed its plans for the plug-in during the Management Briefing Seminars in Traverse City, Mich. Full story...
Aug
6th

US: Ford may renew 90% of models by 2012

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Ford plans to replace or "refresh" 70 to 90% of its vehicle lines by volume in North America, Europe and Asia Pacific and Africa by 2012, the Traverse City auto industry conference in Michigan was told today. Full story...
Aug
6th

Clunker sales cause inventories to plunge

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The popularity of the federal cash for clunkers incentive has drained U.S. dealer lots of vehicles. Preliminary inventory reports for Aug. Full story...
Aug
6th

Clunker sales cause inventories to plunge in July

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The popularity of the federal cash for clunkers incentive has drained U.S. dealer lots of vehicles. Preliminary inventory reports for Aug. Full story...
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