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Jul
29th

Brighton-based firm will supply 150 Elektrobay charging stations

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Saudi Arabia is currently the world's leading oil producer and exporter, but that doesn't mean the country is being left behind in the shift towards emission-free motoring. On the contrary, one of the Kingdom's leading universities has just signed one of the world's biggest-ever electric vehicle (EV) infrastructure deals, commissioning Brighton-based Elektromotive to install 150 Elektrobay charging stations across its campus by September 2009. Full story...
Jul
29th

Kia has today released the first images of the VG model

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Kia Motors has today released the first images of its new premium saloon due to go on sale in Korea at the end of the year. Full story...
Jul
28th

GM, GMAC to resume leasing cars, reports say

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General Motors Co. and its lending affiliate GMAC are expected to resume leasing cars as early as Aug. 1 after being away from the leasing market for a year, The Wall Street Journal and Bloomberg News reported Tuesday. Full story...
Jul
28th

GM, GMAC to resume leasing after 1-year hiatus, reports say

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General Motors Co. and its lending affiliate GMAC are expected to resume leasing cars as early as Aug. 1 after being away from the leasing market for a year, The Wall Street Journal and Bloomberg News reported. Full story...
Jul
28th

First Drive: 2010 Kia Forte

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First Drive: 2010 Kia Forte
2010 Kia Forte - Kia Compact Sedan Review - Automobile Magazine
Doing its Civic duty.

Give Kia credit; it's not afraid to take on a monumental task. The ambitious Korean automaker didn't start selling cars in the United States until 1994, and a mere fifteen years later it offers a full range of vehicles, from the entry-level Rio sedan to the seven-passenger Borrego SUV to the spunky, funky Soul "urban passenger vehicle." As with almost every other carmaker, its sales are down this year (although Kia's 6.8 percent drop looks positively paltry compared with the double-digit dips suffered by most of its competitors). The faltering economy hasn't stopped Kia from forging ahead with its product plans, however. In fact, the automaker boasts that not only have there been no cutbacks, but in May, it spent more money marketing its products than during any other month in company history.


Photo Gallery: 2010 Kia Forte - Kia Compact Sedan Review - Automobile Magazine


Full story...
Jul
28th

‘Guzzlers,’ Chrysler’s matching incentives boost traffic

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The government's cash for guzzlers program is boosting showroom traffic for dealers representing Chrysler Group, which got a head start by rolling out an incentive offer to match the government's last week. Full story...
Jul
28th

Former Nissan PR chief returns for new task

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Simon Sproule, who earlier this year left his job as head of global communications for Nissan Motor Co., will return to handle global communications for the Nissan and Renault S.A. alliance. Full story...
Jul
28th

Guzzler reimbursements begin to flow, NHTSA says

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The U.S. government -- facing dealer concerns about bottlenecks in the new cash-for-guzzlers reimbursement system -- approved about 1 percent of the program's funds as of Tuesday morning for distribution to dealers, a federal spokesman says. Full story...
Jul
28th

Meadow Brook concours celebrates and#8216;Best of Detroit’:

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For years, the Meadow Brook Concours d'Elegance has been one of Detroit's best-kept secrets. Full story...
Jul
28th

Meadow Brook concours celebrates the ‘Best of Detroit’:

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For years, the Meadow Brook Concours d'Elegance has been one of Detroit's best-kept secrets. Full story...
Jul
28th

Cobo renovation deal expected to move forward

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A $288 million plan to expand and renovate Detroit's Cobo Center is expected to move forward after city council decided not to block the plan. State legislation passed earlier this summer allowed the council to reject the deal by Aug. 1. Full story...
Jul
28th

Toyota creates global marketing subsidiary

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Toyota Motor Corp. is creating a fully owned subsidiary to coordinate marketing and advertising at home and abroad as it aims to tailor its vehicles to local markets. Full story...
Jul
28th

Toyota’s new chief to steer global marketing unit

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Toyota Motor Corp., battling a 26 percent plunge in worldwide sales this year, said its new president will lead a subsidiary to coordinate marketing and advertising around the globe while vehicles are tailored to local markets. Full story...
Jul
28th

The new Ferrari is revealed, and Jenson Button will run the ROC, in News Brake for Tuesday, July 28:

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In today's News Brake: All the details on the new Ferrari, Nissan takes a spin on Electric Avenue and potential F1 champion Jenson Button will drive in the Race of Champions . . . But Wait, There's More! Full story...
Jul
28th

No Volkswagen capital increase needed now, CEO tells newspaper

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Volkswagen AG does not currently have to tap equity markets for fresh funding, possibly to finance the purchase of a stake in Porsche Automobil Holding SE's sports car business, VW's CEO was quoted as saying. Full story...
Jul
28th

JAPAN: Mitsubishi H1 production declines 56%

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Mitsubishi Motors reported the biggest half year global production fall of Japan's top five automakers - 55.8% down to 306,264 units. Full story...
Jul
28th

CHINA: Nissan JV expanding plant

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The Dongfeng Motor Group joint venture with Nissan Motor plans to spend RMB5bn (US$732m) to expand a new passenger vehicle plant in the southern city of Guangzhou. Full story...
Jul
28th

GERMANY: Sberbank confident as Magna ups Opel bid

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Sberbank CEO German Gref has said the German government could this week decide on approving automaker Opel's acquisition by his bank and Magna as the latter was reported to have improved its offer. Full story...
Jul
28th

RUSSIA: AvtoVaz denies rumours of huge layoffs

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AvtoVAZ has denied rumours that it is to make a huge number of its staff redundant. The stories of job cuts began circulating after a meeting today between AvtoVAZ, the regional authorities of where its production is based - Samara Volga - and suppliers. Full story...
Jul
28th

BMW names new N.A. finance chief

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Stefan Sengewald will become executive vice president of finance and CFO of BMW of North America, effective Saturday, the company said today. He succeeds Guenter Niedernhuber, who has held the position for the past 3and#189; years. Full story...
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