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Aug
3rd

Plans for Smartand#8217;s three-seat sports car uncovered in patent drawings:

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Mercedes-Benz is developing a three-seat sports car for Smart. Full story...
Aug
3rd

Mercedes-Benz courts Renault for new Smart model based on Twingo:

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Mercedes-Benz is set to join forces with Renault in a deal aimed at providing its underdeveloped Smart division with a contemporary-engineered front-engine/front-wheel-drive platform as the basis for a frugal new Forfour model. Full story...
Aug
3rd

Nissan EV moves electric car closer to reality:

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It's called the Leaf in Japan, and whether or not Nissan's production electric car carries that name in the United States, the company insists that the car will be on the road before the end of 2010. Full story...
Aug
3rd

Nissan’s EV moves the electric car closer to the real world:

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It's called the Leaf in Japan, and whether or not Nissan's production electric car carries that name in the United States, the company insists that the car will be on the road before the end of 2010. Full story...
Aug
3rd

Cooper-Standard files for bankruptcy protection

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Supplier Cooper-Standard Holdings Inc. filed for Chapter 11 bankruptcy protection today, saying it could not repay its debt amid a drop in U.S. auto sales. Full story...
Aug
3rd

Conti’s capital hike not done deal, sources say

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A capital increase at Continental AG is not in the bag despite a decision by its supervisory board last week to start preparing an issue of up to 1.5 billion euros ($2.14 billion), several sources close to the situation told Reuters. Full story...
Aug
3rd

Continental’s capital hike not done deal, sources say

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A capital increase at Continental AG is not in the bag despite a decision by its supervisory board last week to start preparing an issue of up to 1.5 billion euros ($2.14 billion), several sources close to the situation told Reuters. Full story...
Aug
3rd

SOUTH KOREA: Hyundai-Kia reports first sales jump this year

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Hyundai Motor saw sales jump 37% in July helping South Korean car companies to their first sales increase in nine months. Full story...
Aug
3rd

SOUTH KOREA: Carmakers report first sales jump this year

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Hyundai Motor saw sales jump 37% in July helping South Korean car companies to their first sales increase in nine months. Full story...
Aug
3rd

FRANCE: Subsidies spur sales surge

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New car sales in France jumped 3.1% in July compared with the same month a year ago on the back of government backed incentives which have boosted demand for smaller models. Full story...
Aug
3rd

GERMANY: Schaeffler supports Conti chairman

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Schaeffler Group has given its "unconditional" support to Rolf Koerfer as Continental chairman following a report in the Financial Times Deutschland that he may have to quit over a power struggle between Continental and Schaeffler, the tyremaker's controlling shareholder. Full story...
Aug
3rd

SOUTH KOREA: Bankruptcy looms as Ssangyong dispute escalates

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Thousands of riot police laying siege to protesters at troubled SUV maker Ssangyong have sprayed liquid tear gas from a helicopter after talks to end a prolonged occupation by strikers collapsed. Full story...
Aug
3rd

U.S. will honor clunker rebates until Senate acts, DOT chief says:

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The Obama administration will fund the cash for clunkers program until the Senate decides whether to add $2 billion to the original $1 billion fund that is likely to be depleted this weekend, U.S. Transportation Secretary Ray LaHood said today. Full story...
Aug
3rd

RUSSIA: Automaker output starts and stops

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Volkswagen has resumed operations at its car plant in the Russian city of Kaluga after two weeks of summer holidays but GM-AvtoVAZ, which makes the Chevy Niva SUV at Togliatti, has suspended production this month. Moscow-based Avtoframos, controlled by Renault, has also suspended production for scheduled summer holidays from today until 24 August. Full story...
Aug
3rd

GERMANY: Chancellor told to lobby US over Opel

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German chancellor Angela Merkel has been urged to lobby the US government to support the Magna bid for Opel because it saves jobs. Full story...
Aug
3rd

GERMANY: Opel bidders and government to meet

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Magna International and RHJ International are scheduled to meet German government and General Motors officials on Tuesday to decide who takes over Opel, government sources have said. Full story...
Aug
3rd

This week’s mag

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In this week's collector's issue, we name the best new cars of 2009 in our exclusive New Car Awards. With honours awarded in 17 categories, plus five grand prizes up for grabs no corner of the UK's new vehicle market is left unexplored.


Full story...
Aug
3rd

RUSSIA: Toyota halts Camry output for holidays

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Toyota has halted Camry production at its assembly plant in St. Petersburg for scheduled summer holidays until 17 August, Toyota Motor Manufacturing Russia said on Monday. Full story...
Aug
3rd

GERMANY: Magna to axe over 3,000 Opel jobs

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Magna will cut 3,045 Opel jobs if it buys the automaker from General Motors, a German magazine said. Full story...
Aug
3rd

SPAIN: Subsidies stem car sales slide

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New car sales in Spain fell 11% year on year in July to 108,222 units according to the country's carmaker group ANFAC. Full story...
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