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Aug
6th

Alcoa’s New 20 Inch Forged Aluminium Wheel Use Aerospace Technology

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Alcoa has extended the range of lightweight wheel forgings supplied to Solomon Alsberg for their exclusive high-performance alloy wheels. Full story...
Aug
6th

Cash for Clunkers: the U.S. Senate is about to vote

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The United States Senate will vote in the next few hours on a $2 billion extension of the ''Cash for Clunkers'' program, whose popularity was such that the initial funds of $1 billion were all spent in only a week. Full story...
Aug
5th

U.S. clunker sales top 180,000, government says

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Sales under the U.S. government's cash for clunkers auto incentive topped 180,000 with Toyota Motor Corp. overtaking Ford Motor Co. with the top-selling vehicle, officials said Wednesday. Full story...
Aug
5th

Toyota’s Lentz sees gains from clunkers

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Toyota Motor Sales COO Jim Lentz said today that the cash-for-clunkers program has brought buyers into the market that would not have considered a new car without the incentives. Full story...
Aug
5th

Clunkers success boosts auto production as suppliers ramp up

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Auto production is ramping up as dealers clamor to refill inventory thinned out by the unexpected success of the federal cash-for-clunkers program. Full story...
Aug
5th

GM will let dealers terminate early without penalty

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General Motors Co. has decided to allow rejected dealers who want to close before Jan. 1 to do so without penalty. In June during its stint in U.S. Bankruptcy Court, GM targeted about 1,300 dealerships for closure. Full story...
Aug
5th

Consultant expects 15-16 million sales in N. America by 2013

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By 2013, car and truck sales in North America will rebound to the "new normal" rate of 15 million to 16 million units, according to John Hoffecker, a managing director at business advisory firm AlixPartners. Full story...
Aug
5th

‘New normal’ is still years off

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By 2013, car and truck sales in North America will rebound to the "new normal" rate of 15 million to 16 million units, according to John Hoffecker, a managing director at business advisory firm AlixPartners. Full story...
Aug
5th

Auto task force watching suppliers, but holds off on aid

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The President's automotive task force remains opposed to additional aid to automotive suppliers, though the group concedes the popular cash-for-clunkers program may exacerbate suppliers' cash pressures, said task force chief Ron Bloom. Full story...
Aug
5th

GM opposition to Magna waning, German politicians say

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FRANKFURT/DETROIT (Reuters) -- General Motors Co. and Magna International have narrowed their differences in talks over the Canadian supplier's bid for Opel and only a small number of issues are still pending, German politicians said on Wednesday. Full story...
Aug
5th

GM opposition to Magna waning, German politicians say

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General Motors Co. and Magna International have narrowed their differences in talks over the Canadian supplier's bid for Opel and only a small number of issues are still pending, German politicians said on Wednesday. Full story...
Aug
5th

GM opposition to Magna waning, German politicians say

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General Motors Co. and Magna International have narrowed their differences in talks over the Canadian-Austrian supplier's bid for Opel and only a small number of issues are still pending, German politicians said on Wednesday. Full story...
Aug
5th

For Spring Hill plant, flexibility wasn’t enough

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Suppliers and workers at General Motors' assembly plant in Spring Hill, Tenn., thought they had the inside track this summer when GM had to decide quickly where to build a new family of subcompact cars. They were wrong. Full story...
Aug
5th

Suppliers to the 2009 Honda Pilot

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Suppliers to the 2009 Honda Pilot includes Dow Automotive, Mitsubishi Electric, Nippon Seiki, Gentex, AGC Automotive Americas, UGN, Panasonic, Tigerpoly, Southco, INA, Weastec, BASF, Stanley Electric, Vibracoustic, Edscha, Keiper, Magna, Eagle... Full story...
Aug
5th

Germany starts fraud probe into abuse of scrapping scheme

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Germany's federal criminal office (BKA) is conducting a fraud investigation connected to the car-scrapping scheme, suspecting thousands of vehicles have been smuggled abroad rather than junked, a crime office official said. Full story...
Aug
5th

Ford dealer needs Focuses, Escapes

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At Russ Milne Ford in suburban Detroit, the hauler loaded with Ford Focuses that drove up today was like a drinking fountain in the desert for the car-strapped dealership still working on cash-for-clunkers deals. Full story...
Aug
5th

Driven: 2010 Ferrari California

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Driven: 2010 Ferrari California
2010 Ferrari California - Ferrari Convertible Sports Car Review - Automobile Magazine
The California is full of firsts: it's the first-ever front-mounted V-8-engined Ferrari, it's the first use of direct injection in a Ferrari, and it's Ferrari's first dual-clutch automated manual transmission.

Through a fluke in timing or just plain luck, I'm fortunate enough to have now been behind the wheel of every single current Ferrari currently on sale. That's a rarity even for automotive journalists, and it's an honor I don't take lightly. Today's drive of the California marked a special occasion, since this was not just the only Ferrari I haven't driven, it's also an all-new kind of Ferrari.


Photo Gallery: 2010 Ferrari California - Ferrari Convertible Sports Car Review - Automobile Magazine

Photo Gallery: 2010 Ferrari California - Ferrari Convertible Sports Car Review - Automobile Magazine


Full story...
Aug
5th

CANADA: Ford tops sales chart again

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Ford again topped Canadian sales charts for a second consecutive month last month, after its sales soared over 47% year on year as rivals tallies slumped. Full story...
Aug
5th

US: Chrysler creditors want to sue Daimler

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Chrysler creditors have asked a bankruptcy court to allow them to sue Daimler, arguing that the 2007 sale of the US automaker to Cerberus Capital Management stripped it of its most valuable assets. Full story...
Aug
5th

A new Mercedes wagon and the next Corvette racer are revealed, in News Brake for Wednesday, August 5:

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The new Mercedes-Benz E-class wagon is revealed, a sporty Mazda gets even lighter for Frankfurt, and Corvette shows off the next C6.R . . . But Wait, There's More! Full story...
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