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Jul
24th

2010 Buick LaCrosse sets a new tone for the brand:

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Because of its sleek styling and beautiful interior, the 2010 Buick LaCrosse rolling into showrooms now has a chance of significantly lowering the brand's age demographic, if General Motors can somehow coax younger buyers into the dealership. Full story...
Jul
24th

US: NUMMI’s fate still in the balance

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The fate of a California plant Toyota ran as a joint-venture with General Motors is hanging in the balance and appears likely to be closed. Full story...
Jul
24th

Japan sends U.S. letter on ‘Buy American’ worries

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Japan has sent a letter of concern to the United States on a bill recently passed in the U.S. House of Representatives, which contains a provision similar to "Buy American," an official at Japan's foreign ministry said. Full story...
Jul
24th

US: Toyota expects North America loss despite sales hike

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Toyota is expecting to make a loss in North America even as it anticipates selling more cars in the United States than the restructured General Motors, a senior executive has said. Full story...
Jul
24th

BRAZIL: More Chinese interested in local production

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Chery has postponed the introduction of their compact SUV Tiggo for two weeks due to a current 'traffic jam' of new model announcements here. Full story...
Jul
24th

Saab 9-5 goes for bold

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Leaked shots show Saab’s new look.


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Jul
24th

GERMANY: Stock market nervous over Porsche-VW plans

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The corporate drama that is the Porsche-Volkswagen affair, which yesterday saw the departure of Porsche chief executive officer Wendelin Wiedeking after 16 years with the company and the move to merge the sportscars brand into the VW portfolio, put the stock market to confusion. Full story...
Jul
24th

BELGIUM: CLEPA calls for EU aid for suppliers

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Sweden, which holds the EU presidency, should lead governments in setting up a EUR3bn (US$4.3bn) loan facility for Europe's automotive suppliers who face bankruptcy as vehicle production falls in the current economic crisis, according to trade group CLEPA. Full story...
Jul
24th

GERMANY: Japanese automakers struggling in Europe – report

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Japan's carmakers are finding life difficult in Europe, according to business information group IHS Global Insight which said their share of the market had fallen to 12% from 13-14% in the past two months. Full story...
Jul
24th

CHINA: Opel bid stumbled on IPR issues – Beijing Auto

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China's Beijing Auto said intellectual property issues were behind its failure to reach a deal to buy General Motors' Opel-Vauxhall unit. Full story...
Jul
24th

Fiat lifts global car sales target to 2 million

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Fiat Group Automobiles expects to sell about 2 million cars globally this year, raising a forecast it made in April by 5 percent. Last year, Fiat sold 2.15 million units. Full story...
Jul
24th

Ford posts Q2 profit in Europe; Volvo loss widens

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After suffering a $550 million pre-tax loss in the first quarter, Ford of Europe showed a $138 million pre-tax profit in the second quarter. Ford's Swedish brand Volvo Car Corp. Full story...
Jul
24th

Ford posts Q2 profit in Europe; Volvo loss widens in quarter

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After suffering a $550 million pre-tax loss in the first quarter, Ford of Europe showed a $138 million pre-tax profit in the second quarter. Ford's Swedish brand Volvo Car Corp. Full story...
Jul
24th

INDIA: Skoda to assemble Yeti

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Skoda Auto India, the wholly-owned Indian subsidiary of Czech carmaker Skoda, plans to assemble the Yeti SUV at its CKD plant in Aurangabad. Full story...
Jul
24th

Beijing Auto says Opel bid failed over IP rights

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China's Beijing Automotive Industry Corp. said on Friday it had failed to reach an agreement with General Motors Co. on the sale of Opel due to intellectual property issues. Full story...
Jul
24th

Beijing Auto says Opel bid failed over intellectual property rights

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China's Beijing Automotive Industry Corp. said on Friday it had failed to reach an agreement with General Motors Co. on the sale of Opel due to intellectual property issues. Full story...
Jul
24th

Beijing Auto says Opel bid failed over intellectual property rights

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China's Beijing Automotive Industry Corp. said on Friday it had failed to reach an agreement with General Motors Co. on the sale of Opel due to intellectual property issues. Full story...
Jul
24th

Beijing Auto says Opel bid failed over I.P. rights

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China's Beijing Automotive Industry Corp. said on Friday it had failed to reach an agreement with General Motors Co. on the sale of Opel due to intellectual property issues. Full story...
Jul
24th

Former Vauxhall head Browning to leave General Motors

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Former Vauxhall chairman Jonathan Browning has resigned as head of General Motors Co.'s global sales, service and marketing. Browning "has elected to leave the company on Oct. 1 to pursue other interests," GM said in a statement. Full story...
Jul
24th

Former Vauxhall head Browning to leave GM October 1

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Former Vauxhall Chairman Jonathan Browning has resigned as head of General Motors Co.'s global sales, service and marketing. Browning "has elected to leave the company on Oct. 1 to pursue other interests," GM said in a statement. Full story...
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