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Jul
27th

Timken negotiates sale of bearings unit

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Timken Co. said it is in advanced talks to sell its needle roller bearings business after a Japanese newspaper reported Toyota auto parts affiliate JTEKT Corp. agreed to buy the unit. Full story...
Jul
27th

Timken negotiates sale of bearings unit

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Timken Co. said it is in advanced talks to sell its needle roller bearings business after a Japanese newspaper reported Toyota auto parts affiliate JTEKT Corp. agreed to buy the unit. Full story...
Jul
27th

Potential candidates to replace Felipe Massa and a new Legacy for Subaru, in News Brake for Monday, July 27:

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In today's News Brake: Ferrari eyes potential fill-ins for Felipe Massa; Tony George speaks; and the 2010 Subaru Legacy is tested...But Wait, There's More! Full story...
Jul
27th

‘Guzzler’ incentives won’t be subject to taxes, NADA spokesman says

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U.S. incentives paid to dealers under the cash-for-guzzlers program won't be treated as taxable income, a spokesman for the National Automobile Dealers Association said. Full story...
Jul
27th

‘Guzzler’ incentives won’t be subject to taxes, NHTSA says

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Despite the overwhelming rush to cash in on guzzlers, the Car Allowance Rebate System program could come back to bite dealers at tax time. Full story...
Jul
27th

Dealers fear ‘guzzler’ incentives may be subject to taxes

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Despite the overwhelming rush to cash in on guzzlers, the Car Allowance Rebate System program could come back to bite dealers at tax time. Full story...
Jul
27th

Dealers may be taxed on guzzler rebates

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Despite the overwhelming rush to cash in on guzzlers, the Car Allowance Rebate System program could come back to bite dealers at tax time. Full story...
Jul
27th

U.S. again vows to be passive investor in GM, Chrysler

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The U.S. Treasury will not step in to influence management decisions at General Motors and Chrysler Group after providing the automakers with some $70 billion in financing to restructure in bankruptcy, a White House adviser said. Full story...
Jul
27th

Chrysler’s new board meets for first time under Fiat

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Chrysler Group's new board of directors meets this week for the first time since the automaker emerged from bankruptcy in June to start charting the course for a turnaround under Italy's Fiat S.p.A. Full story...
Jul
27th

SINGAPORE: Mitsubishi tops Philippines survey

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Mitsubishi jumped positions from last year to rank highest in overall new vehicle sales satisfaction in the Philippines, according to a JD Power sales satisfaction survey. Full story...
Jul
27th

MPH – The Prestige and Performance Motor Show

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It's pedal to the metal as we begin the countdown to this year's exclusive MPH Motor Show


Full story...
Jul
27th

MPH – The Presige and Performance Motor Show

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It's pedal to the metal as we begin the countdown to this year's exclusive MPH Motor Show


Full story...
Jul
27th

JAPAN: Toyota affiliate eyes Timken unit

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A Toyota Motor parts affiliate, Jtekt, will buy Timken's needle bearing business for JPY30bn-40bn (US$317m-$422m), according to the Nikkei business daily. Full story...
Jul
27th

Nissan’s hybrids seen as a step towards pure EVs

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Nissan Motor Co. is developing a hybrid system that can be used to power smaller cars as an interim solution to improving mileage before pure electric cars can take over. Full story...
Jul
27th

CHINA: EV wannabe BYD sets ambitious sales target

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Chinese battery and mobile phone maker BYD, which wants to become a leading electric vehicle producer, has set a 2010 vehicle sales target of 700,000 units or four times its 2008 sales, a senior executive was quoted as saying. Full story...
Jul
27th

Nissan wrings 1 mpg more out of Sentra to sweeten payout:

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Engineers at Nissan Motor Co. are scurrying to eke another mile or two per gallon out of their vehicles to win customers who come looking for federal cash-for-guzzlers money. Full story...
Jul
27th

Nissan tweaks mpg to sweeten payout:

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Engineers at Nissan Motor Co. are scurrying to eke another mile or two per gallon out of their vehicles to win customers who come looking for federal cash-for-guzzlers money. Full story...
Jul
27th

MALAYSIA: Proton considers ‘one plant’ operations

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Proton plans to undertake a study on operating with just one plant in Malaysia as it seeks to improve efficiency. Full story...
Jul
27th

The air runs out of run-flat tires:

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After settling a lawsuit last month with disgruntled owners of Michelin run-flat tires, Honda dropped the tires for the 2010 model year. Full story...
Jul
27th

Nissan’s engine twist–double the fuel injectors:

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If one fuel injector helps improve engine performance, will two fuel injectors do twice the job? Full story...
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