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Jul
27th

India’s Tata Motors Q1 net profit jumps 58%

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Tata Motors Ltd., which owns Jaguar Land Rover, reported a 58 percent rise in net profit, defying forecasts for a halving of profit. Full story...
Jul
27th

Electric car maker opens first European store in London

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As the auto industry race twists and turns over which type of battery will dominate in future electric cars, the first sports car powered by a lithium-ion battery has hit the streets of Europe. U.S. start-up Tesla Motors Inc. Full story...
Jul
27th

CHINA/GERMANY: VW China sales pass home market

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Volkswagen said it sold 652,000 cars in China during the first half of 2009, up 22.7% year-on-year and more than it sold in Germany for the first time. Full story...
Jul
27th

RUSSIA: GM-AvtoVAZ resumes Niva production

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The GM-AvtoVAZ joint venture, which produces the Chevrolet Niva SUV at Togliatti in Russia, resumed operations today on its main production line after summer vacations which started on 13 July, Prime-Tass reported. Full story...
Jul
27th

GERMANY: VW shares down on capital increase report

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Shares in Volkswagen dropped - 4.8% making them the sharpest decliners among German large cap stocks - following a Financial Times Deutschland report which said the carmaker might launch a EUR4bn(US$5.68bn) capital increase, although many analysts and traders were sceptical. Full story...
Jul
27th

JAPAN [updated 11:50BST]: Nissan rolls out new EV platform

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Nissan Motor in Tokyo today previewed its electric vehicle (EV) platform on a Tiida (Versa)-based prototype and showed its EV-IT system developed to support electric driving around the clock. Full story...
Jul
27th

JAPAN: Nissan rolls out new EV platform

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Nissan Motor in Tokyo today previewed its electric vehicle (EV) platform on a Tiida (Versa)-based prototype and showed its EV-IT system developed to support electric driving around the clock. Full story...
Jul
27th

This week’s mag

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Ferrari's new hybrid revealed, scrappage best buys, A5 Sportback driven, Citroen's new show stopper
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Jul
27th

BMW 1-Series

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BMW's updated premium hatchback spied


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Jul
27th

BMW 1-Series

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BMW's updated premium hatchback spied


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Jul
27th

Ferrari’s new 458 Italia revealed!

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Wraps taken off stunning F430 replacement.
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Jul
27th

Ferrari’s new hybrid ready for action!

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Wraps taken off stunning F430 replacement.
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Jul
27th

SE ASIA: [DATA TABLE ADDED] ASEAN first half sales drop by 22%

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Vehicle sales in the ASEAN's six main markets declined by 21.6% in the first half of 2009 to 844,548 units, with all markets reporting volume declines, writes Tony Pugliese. The region's economies have come under pressure from a sharp drop in export demand - particularly from markets in the West, tighter lending, rising unemployment and weaker domestic confidence. Full story...
Jul
27th

SE ASIA: [DATA TABLE ADDED] ASEAN first half sales drop by 22%

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Vehicle sales in the ASEAN's six main markets declined by 21.6% in the first half of 2009 to 844,548 units, with all markets reporting volume declines, writes Tony Pugliese. The region's economies have come under pressure from a sharp drop in export demand - particularly from markets in the West, tighter lending, rising unemployment and weaker domestic confidence. Full story...
Jul
27th

SE ASIA: ASEAN first half sales drop by 22%

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Vehicle sales in the ASEAN's six main markets declined by 21.6% in the first half of 2009 to 844,548 units, with all markets reporting volume declines, writes Tony Pugliese. The region's economies have come under pressure from a sharp drop in export demand - particularly from markets in the West, tighter lending, rising unemployment and weaker domestic confidence. Full story...
Jul
27th

Devon GTX

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First real photos emerge of the Devon Motorworks GTX


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Jul
27th

VW considers $5.7 billion capital hike, report says

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Volkswagen is considering a capital increase as one option among many to finance its takeover of debt-laden sports car maker Porsche AG, bankers familiar with the situation said. Full story...
Jul
27th

VW considers 4 billion euro capital hike, report says

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Volkswagen is considering a capital increase as one option among many to finance its takeover of debt-laden sports car maker Porsche AG, bankers familiar with the situation said. Full story...
Jul
27th

VW mulls 4 billion euro capital hike, report says

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Volkswagen is considering raising up to 4 billion euros ($5.7 billion) ahead of a takeover of Porsche to protect its credit ratings, the Financial Times reported on Monday. Full story...
Jul
27th

Opel bidder doesn’t rule out selling back to GM, report says

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RHJ International, a bidder for Opel, is not ruling out selling Opel back to U.S. parent General Motors after returning it to health, RHJ's CEO told a German newspaper on Sunday. Full story...
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